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American Penny Stocks to Watch - March 3 to March 7, 2008

 

New Century Companies, Inc.
Symbol: NCNC
Exchange: OTCBB
Industry: Industrial Machinery

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Profiled Price: $0.17 (February 29)

Company Snapshot:

New Century Companies, Inc. is one of the leading U.S.-based makers of machine tools, primarily vertical boring mills and large lathes such as vertical turning centers (VTCs). It specializes in re-manufacturing, starting with existing major castings and fitting them with state-of-the-art, computer-controlled equipment. These products generally cost 40% to 60% less to make than new ones. New Century passes these savings on to its customers, which include such leading manufacturers as General Electric Co., General Dynamics Corp., Siemens AG and Gardner Denver. New Century machines are used to manufacture jet engine components, airplane landing gear parts, power generation equipment, oil and gas production components and construction materials, to name just a few applications. New Century's production facility is in Santa Fe Springs, CA.



Organetix Inc.
Symbol: OGTX
Exchange: OTCBB
Industry: Holding Company

Company Website: N/A
Company Info: Click Here
Quote and News: Click Here
Profiled Price: $0.065 (February 29)

Company Snapshot:

Organetix, Inc. has defined its short- term strategy as evaluating potential acquisition candidates to both restore and create shareholder value. In January 2008, Organetix executed a Memorandum of Understanding to acquire St. Petersburg, Florida based Seafarer Exploration, Inc. Seafarer Exploration, Inc. is engaged in the exploration and salvaging of a potentially high value shipwreck off the Eastern coast of Florida. The target is in an area with close proximity to Florida's historic Treasure Coast.


Note: The weekly stocks to watch are selected by a number of criteria. The weekly stocks to watch should not be construed as stock picks. Stocks to watch companies are companies that should be watched because of significant happenings in the company or their stock price. Momentum, important or significant financials and news releases, strong technical analysis indicators, unusual volume or stock price increases as well as other criteria are some of the criteria we look at when selecting our weekly stocks to watch.

 

 

 


 

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