Two new ones I think will be HOT - INNX and NLUB. Got 1 week to get in both before the record or ex-dates. Personally I think NLUB will become a short squeeze and do some real damage. INNX, I expect a steady rise through next week, it moves really violently so don't be surprised. From .25 to .40 within 10 trades kind of thing. The SEC also delayed the PAIM dividend X-date for probably a coule weeks. Keep on eye on NLUB I tell ya! Guess what - the float is only 15.6 million.
Infinite Networks Corporation (INNX) - Spin-off shares of Eller Industries (ELRI) - (7 for 1)
Ex-Date: March 26, 2007
Nitro Lube (NLUB) - Spin-off shares of Easy Phone, Inc. (1 for 4)
Record Date - March 20th, 2007
"Finally, PAIM still awaits from NASDAQ the X- date for the stock dividend issuance of 1 PGMC/Phil Oil common share for every 100 PAIM common shares held as of record date of Feb. 26, 2007. “We are hopeful that NASDAQ will give us the X- date for the stock dividend in the next few days. Once we do have the date, we shall commence sending out the stock dividends to eligible shareholders. This will be automatic: that the more than 5,000 eligible PAIM shareholders do not have to do anything, we will just mail the stock certificates to them”, stated Gary Gotanco, VP-Bus. Dev. and Investor Relations Officer. "
A few more I've got my eye on, will keep feeding the beast.
