Radient Pharmaceuticals Corporation (AMEX:RPC)

We hope that everyone is enjoying their summer.  We have not come out with a profile in a while because the markets have been turbulent.  We have been seeing them bounce back lately and the Dow is back over 10,500.  This is a crucial point.  There is a lot of indication that big money is coming back into the markets investors are gaining confidence.

We have seen some small cap stocks have a substantial amount of money invested into them over the past few weeks.  This is good news after we saw a huge drop off in the amount of money being invested in the small cap arena.   Most penny stocks were either stagnant or drifting lower on little volume.

We have located an AMEX company that we feel is worth putting on our radar.  RPC is a company that has had a lot of press so far this year.  They company produces and markets cancer testing products.  Back in early April RPC ran from .23 to 2.19 virtually over night.  Millionaires were literally made in a day.

We have seen a drop off in price since then.  It has found a home trading near the 1.00 level.  When a company like RPC makes an 800% plus run like it did, we usually see two events happen that cause the share price to drift lower. (1) People take profits.  If you just made that type of gain on your money you would be crazy not to take some of the winnings off of the table. (2) Shorts will come into the stock because they know that people will be taking profits and it will cause the price to decline.  They take advantage of the declining price and even help it to go lower with the additional selling pressure that is applied when a stock is shorted.

This is why I love RPC.  The stock was mostly accumulated at much higher levels.  There was a period of 3 days back in April in which well over $100 million dollars worth of stock was bought.  This is a huge amount of money for a small cap company like RPC.

Any type of news from the company could allow for a huge gap up.  If you look at the chart you will see that most of the accumulation was done well above these levels.  The break even price for investors is much higher than the current levels.

Make sure that you do your own research on RPC and consult a professional to see if it is a suitable investment for you.  It has been known to be volatile in the past but at the same time it has been a huge home run for speculative investors.

We will keep you updated on RPC and periodically inform you of its progress.  You can start your research at http://finance.yahoo.com/q?s=RPC and check out the company’s new website at http://www.radient-pharma.com/.

Hot Biotech Stocks like (AMEX:RPC) Primed to Rise is news brought to you by Penny Stock Explosion. We provide up to date current information for hot penny stocks and penny stocks which are primed for explosion.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.