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Friday Stock Alerts JAMN, SPDR

Posted, by pennystockexplosion on July 29th, 2011

International Paper (IP:NYSE) IP came in with a wonderful quarter and shares traded up over 2 percent on Thursday. IP is standing strong on it’s Temple Inland acquisition and investors seem to like old school stocks when the market is uncertain. IP is paying more than a 3% dividend and has nice support in the mid $26 range.
Jammin Java (JAMN:OB) Where is the bottom on this penny stock ? It seems like the promo is over, but the message boards are still extremely active on this name. They are probably filled with investors who didn’t take profits on the way up when they could have. The .53 cent level remains and important one if tested.

Authored by, pennystockexplosion
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