Up in a Down Market

Posted by admin 12 June, 2005

Major indices can’t quite get into the black, NYSE is down less than 1% YTD.
However, Nasdaq is still down 5% and the Dow is down 2.5%.

The OTCBB $Volume is still trending downward. May 2005 hit a new YTD low.

Pennyheaven Super 7 seems to be holding its own.
http://www.pennyheaven.com/7tgy0hfg.htm

I should have been more patient with ITSI. They recently announced that theirwholly owned subsidiary, Unisyn Solutions, Inc., has entered into an agreement with Election Systems & Software, Inc. for ES&S to manufacture and distribute a Precinct Ballot Counter developed by Unisyn. This represents an entirely new revenue stream for ITSI. (Note of caution: the bid/ask spread is still outrageous).

Stocks Up in a Down Market
AVTX (.056) They began the year at .03.Advance Technologies, Inc. develops infrared enhanced vision technology for commercial solutions and applications. It licenses and develops applied infrared enhanced vision solutions for use in diverse industries, including aviation, recreational vehicles, commercial trucking, marine, security, and fire fighting applications. The company is developing a night vision system with applications in the military, as well as civil. In addition, it is involved in the development of other electro-optical mechanical devices.
37.8m s/o

Web Site: http://www.avtx.com

CORG (2.10) up 100% YTD. Cordia Corporation, a business services holding company, through its subsidiaries, provides local and long distance telecommunications services. The company offers an integrated set of telecommunications products and services, including local exchange, local access, domestic and international long distance telephone, and a suite of local features and calling plans with service offerings to small business and residential customers in New York, New Jersey, and Pennsylvania.

4.57m s/o
Web Site:
http://www.cordiacorp.com

EDGR (2.42) Began the year at 1.50 was as high as 4.00. EDGAR Online, Inc. provides financial and business information of global companies contained in the U.S. Securities and Exchange Commission filings.

4 million cash.
24.92m s/o
Web Site:
http://www.edgar-online.com

PHST (1.62) Opened 2005 at .95.
Pharsight Corporation engages in the development and marketing of software products and scientific consulting services for pharmaceutical and biotechnology companies. The company’s products include software for clinical trial simulation and computer-aided trial design; for the statistical analysis and mathematical modeling of data; and for the storage, management, and regulatory reporting of derived data and models in a data repository.

19.19m s/o
Web Site:
http://www.pharsight.com

SMID (1.62) Opened 2005 at .93Smith-Midland Corporation engages in the invention, development, manufacture, installation, leasing, licensing, sale, and marketing of precast concrete products for use primarily in the construction, utilities, and farming industries.

4.45m s/o
Web Site:
http://www.smithmid.com

TSTA (.74) Opened 2005 at .47
TurboSonic Technologies designs and markets air pollution control products to industrial customers worldwide.
Web Site:
www.turbosonic.com

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