Many of the leading semiconductor stocks continue to struggle to catch a bid higher. The important and highly followed Merrill Lynch Semiconductors HOLDRS ETF (NYSEARCA:SMH) is trading lower by 0.12 cents to $44.45 a share. Short term traders should watch for intra-day support around the $32.20 and $32.90 levels.
Joseph Piotroski's 9-point scoring system has proven a successful way to find value stocks that beat the market. Can we combine his method with the "good company at cheap price" precepts of Magic Formula Investing (MFI) to find potential winners? In this article, we take a look at MFI stocks with 8 or 9 Piotroski scores.
(MIND, MJGCF, DELL, MRVL) Stock Updates by PennyOTCStock.com
MAJESTIC GOLD CORP (MJGCF.PK)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.