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Penny stocks take over in light Christmas week


Monday

U.S.

Economic lookahead

Consumer Sentiment (December)

Featured Earnings

CalAmp Corp. (NASDAQ: CAMP) November. EPS estimate of $0.19. This is a California-based provider of wireless products, services and solutions, which last month threw in its lot with Santa Clara-based MiTac Digital, makers of the Magellan brand GPS devices, for a broad set of its Fleet Location Messaging Unit products.


Canada

Economic lookahead

GDP (October) Real gross domestic product grew 0.3% in September, a third consecutive monthly increase.


Featured Earnings

Western Potash Corp. (T.WPX) Q4. EPS projection of breakeven. The company appears to have had a fairly quiet year, trading in the lower portion of a 52-week range from 25.5 to 76 cents.

Tuesday

U.S.

Economic lookahead

Durable Goods Orders (November)

New Home Sales (November)

Featured Earnings

Franklin Financial Services (OTCBB: FRAF) September. This Ohio-based lender, in the business for the last 60 years, occupies the upper end of a 52-week price range of $13.80 to $18.00. Its trailing-12-month EPS came in around $1.22.

Wednesday

U.S.

Canada

Markets closed for Christmas Day

Thursday

U.S.

Economic lookahead

Jobless Claims (Dec. 16-20)

EIA Petroleum Status Report (Dec. 16-20)

Featured Earnings

Razor Resources (OTCBB: RZOR) October. This China-based exploration stage company is all about the acquisition and exploration of mineral claims and properties. Its stock price seems to shout “penny stock” in big letters, for its 52-week range has covered ground from the near-subterranean 0.2 cents to the not-much-higher three cents. Earnings reports are elusive, but during the holiday season here in the West, Razor gets its chance to shine from the east.

Grizzly Gold (OTCBB: GRZG) October. The Reno-based company has ranged in stock price from 5.4 cents to $1.10 over the last 52 weeks, but last came out with any tangible news in September, when its CEO announced Grizzly was going full-steam-ahead with a second round of drilling on Fox Spring project in north-central Nevada. Paul Strobel added that much hinged how this drilling program could potentially enhance its attractiveness as a joint venture partner. Its trailing 12-month EPS reports a loss of one cent.

Canada

Markets closed for Boxing Day

Friday

U.S.

Featured Earnings

MVC Capital (NYSE: MVC) October. EPS estimate of $0.01. In October, the Purchase, New York-based company declared a fourth-quarter dividend of $0.135 per share. MVC recently announced that the sale of its investment in U.S. Gas & Electric, Inc. could cause a material increase in MVC's dividends to shareholders. The stock trades in the middle of a 52-week range of $11.68 to $14.57.