StockGuru Spotlight – July 8, 2010

StockGuru Spotlight – July 8, 2010

StockGuru Spotlight – July 8, 2010

PTSC, HFBL, IVFH, FSWA, EGSR, SRRL, BONZ

Dear Members:

Check Out our StockGuru Spotlight Picks.  We bring you trading news you can use.  While you can never catch the exact high after our pick we show you the potential.

Many of these are trading at or near their highs.  Some have retraced their previous highs and are trading closely there again.

Take a closer look at picks still trading close or near to their highs since StockGuru’s Original Pick Date.

Stock Guru Pick Date
Press Release SG Announcement Pick Price High
Up As Much As
June 16, 2010 WNDT WNDT $ 0.19 $ 0.43 126%
May 26, 2010 FSWA FSWA $ 0.05 $ 0.10 100%
June 2, 2010 ECHD ECHD $ 0.15 $ 0.30 100%
June 22, 2010 PROP PROP $ 0.16 $ 0.30 96%
June 7, 2010 NVNC NVNC $ 0.12 $ 0.22 83%
June 8, 2010 SITO SITO $ 0.93 $ 1.61 73%
June 8, 2010 CABN CABN $ 0.07 $ 0.12 65%
May 27, 2010 TOVC TOVC $ 0.33 $ 0.53 61%
June 15, 2010 ABHD ABHD $ 1.99 $ 2.90 46%
May 25, 2010 DCMT DCMT $ 0.30 $ 0.43 43%
June 11, 2010 VLCO VLCO $ 0.05 $ 0.07 43%
June 23, 2010 CICI CICI $ 0.056 $ 0.08 43%
June 17, 2010 RBYC RBYC $ 0.39 $ 0.54 38%
June 15, 2010 VCSY VCSY $ 0.03 $ 0.04 38%
June 1, 2010 CTIG CTIG $ 0.06 $ 0.08 33%
June 23, 2010 SPIN SPIN $ 0.65 $ 0.83 27%
June 18, 2010 SFES SFES $ 1.35 $ 1.70 26%
May 25, 2010 CTIX CTIX $ 0.45 $ 0.55 22%
June 9, 2010 BNLB BNLB $ 0.33 $ 0.40 21%
July 2, 2010 VUOC VUOC $ 0.30 $ 0.35 17%
June 8, 2010 ZTHO ZTHO $ 0.95 $ 1.10 16%
June 22, 2010 CLKZ CLKZ $ 0.90 $ 1.03 14%

StockGuru issues a press release for each of its picks and simultaneously posts that press release on its website.  We do this so you can KNOW that StockGuru Picks are real.

We link you to those releases.

Yesterday our Contrarian Pick, Nephros, Inc. (OTCBB: NEPH)  traded down.  We are likely to see many spikes in this company in the next few weeks. We have seen incredible movement in this stock both up and down.  This is an excellent stock to watch for activity over the next few weeks.

Nephros, Inc. (OTC Bulletin Board: NEPH) is a medical device company developing and marketing filtration products for therapeutic applications, infection control, and water purification.  On July 7 the Company reported that the U.S. Food and Drug Administration has issued a formal response to the company’s 510(k) application.

On June 30, Nephros received a final decision letter from the FDA for the company’s 510(k) submission which stated that the FDA could not reach a substantial equivalence determination for the company’s hemodiafiltration (HDF) system.

“We are disappointed both by the FDA’s decision to reject our application and by the fact that the company was not provided an opportunity to address the current comments prior to a final decision being rendered,” said Paul A. Mieyal, acting CEO of Nephros. “After more than 15 months without a substantive communication, the company expected either an approval or further dialogue as the next step in the process. We feel that the issues raised in the current letter are addressable and have requested an in-person meeting with the review team to discuss options for moving forward.”

“Outside of the United States, hemodiafiltration is widely regarded by nephrologists as the gold standard therapy for dialysis patients. We are disappointed that the availability of HDF therapy in the U.S. has been further delayed,” commented Lawrence J. Centella, a member of Nephros’s Board of Directors and former Chief Operating Officer of Gambro Healthcare, Inc.

Next Steps

Nephros has requested an in-person meeting to discuss the issues raised in the current FDA letter as well as the process for moving forward.

Based upon the in-person meeting with the FDA reviewers, the company will determine the appropriate course of action, which could include filing a new 510(k) application or filing an appeal related to the current application.

Nephros has engaged King & Spalding LLP as regulatory counsel to advise the company in its next interactions with the FDA. The company also intends to utilize the FDA’s Ombudsman process.

Impact on Operations

The current decision by the U.S. FDA with regard to Nephros’s HDF system does not impact the ability of the company to market and sell its mid-dilution (MD) filters for hemodiafiltration procedures outside of the U.S.

The Nephros dual stage ultrafilter (DSU) received 510(k) marketing clearance from the FDA in 2009 to be used to filter biological contaminants from water and bicarbonate concentrate used in hemodialysis procedures. The 510(k) approval for the DSU filters is unrelated to the 510(k) application for the company’s HDF system.

Nephros continues to work with STERIS Corporation under the development agreement executed in March 2010.

Nephros is continuing the development of its dual stage ultra reliable personal water filtration system under support from its U.S. Department of Defense appropriation.

News Release NEPH StockGuru Announcement

Our StockGuru Spotlight Picks Are Published Before the Open Each Morning

StockGuru Spotlights are featured on our web site. We have an RSS feed and an exclusive twitter feed for StockGuru Spotlights.

We also issue press releases on the StockGuru Spotlights; you can see proof positive our notice to you is truly an advanced notice.

StockGuru is not not jumping on these after they move.

Here is the link to BOOKMARK for Spotlights:

http://www.stockguru.com/tag/spotlight

Don’t Miss Our on Spotlight Stocks!

It is critical to catch these alerts in the morning prior to the market open. I have been asked several times recently how to get them.

VERY IMPORTANT: Bookmark this link:

http://www.stockguru.com/tag/spotlight

Check This Link Every Morning for New Spotlight Stocks

All of these are date and time stamped so you know what is current today. You can also just go to STOCKGURU.COM and look for the link in the top navigation for “StockGuru Spotlight.”

You can also put the RSS link into your RSS reader, such as my favorite “Google Reader.” There are countless programs that make it easy to get RSS feeds on your wireless phone as well. This is foolproof BUT ONLY IF YOU CHECK YOUR RSS FEED REGULARLY! RSS link on the site.

We do not yet send out Spotlight Alerts by email, in an attempt to give your email box a break. Spotlights occur several times weekly, and are released ONLY when we see a valid reason. Occasionally, our Spotlights are compensated picks, but an editorial decision is made as to whether the situation qualifies as a market sensitive pick.

StockGuru is in its Eighth Year!

Logo Header Menu