Hot Penny Stocks: STV, ZAZA, GRMH

| November 14, 2012 | 0 Comments

Big MoversIt’s been an exciting week for penny stocks, especially for China Digital TV Holding (STV), ZaZa Energy (ZAZA), and Graymark Healthcare (GRMH).  Let’s take a closer look at these three hot penny stocks…

China Digital TV Holding (STV)

For the week, STV shares are up 40%.

STV provides conditional access to the digital television market in China.  The company offers products which enable digital television network operators to control the distribution of content to their subscribers.

Why the big move?

The company just declared a special cash dividend.

Just this week, STV announced a cash dividend of $2.30 per share.  That’s clearly a massive dividend, especially since the stock was trading under $3.00 prior to the announcement.

Besides the obvious benefit of the huge dividend, it’s also a sign that the Chinese company has the huge stockpile of cash they’re claiming on their balance sheet… and are willing to use it to the benefit of shareholders.

ZaZa Energy (ZAZA)

ZAZA engages in the exploration and development of unconventional onshore oil and gas resources in the US and Europe.  The company has interests in the Eaglebine formation in Texas and the Paris Basin in France.

Shares are up 28% over the last week.

Here’s the deal…

The company posted strong third quarter results.

In the most recent quarter, revenues and net income came in at record levels.  Although the record numbers are somewhat based on a large merger that took place this year, there’s still a lot of good news to be found in the report.

The company took steps to improve its financial condition and is working to add acreage to its Eaglebine property in Texas.  ZAZA is a company worth keeping an eye on.

Graymark Healthcare (GRMH)

GRMH shares are up 25% over one week’s time.

Graymark provides care management solutions to the sleep disorder market based on various independent sleep care centers and hospital sleep diagnostic programs.  The company offers diagnostic sleep testing services and care management solutions for people with chronic sleep disorders.

So what’s the good news?

The company is receiving an equity investment from Oklahoma Health Partners.

Oklahoma Health Partners is investing $650,000 into GRMH.  These funds will be used for general operations as the company focuses on cost reduction.

Management recently began a cost reduction plan for 2012 of more than $2 million.  Between the cost reductions and the vote of confidence from Oklahoma Health Partners, it looks like GRMH could be on the right track to turn things around.

Yours in profit,

Gordon Lewis

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Category: Hot Penny Stocks

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