Kickstart70 (88.24)

A couple penny stocks to watch

February 28, 2009 – Comments (5) | RELATED TICKERS: SNT , KV-A

(This post is somewhat for my own benefit...I can't currently buy these, but the upside potential appears huge to me. I wanna keep this for tracking down later.)

1. Senesco Technologies (SNT): Not withstanding that every time I see their symbol I think either "SNoT" or "SNiT", but they are tiny and have a very interesting drug. Imagine a chemotherapy drug for cancer treatment that was non-toxic and was very effective in killing tumours. It didn't even kill the mice given massive doses. By the end of 2009 this one may hit the media big. Currently at 36 cents.

2.K-V Pharmaceutical (KV.A ): They've stopped shipping what they produced, laid off a bunch of staff, been smacked every way to Sunday and currenty trade at 68 cents.But they've got cash in hand, appear to be doing a major early spring cleaning, and have brands and products (and patents?) that aren't going to go away. Even if they do nothing more than sell their assets and license their products they'll do far better than their stock price currently appears. Plus the alleged insiders tales are interesting.