(EMAILWIRE.COM, November 17, 2011 ) Chicago, Ill. -- Here's a look at undervalued stocks to watch as reported by The Stockfahter (www.thestockfather.com).
According to the stock market site and newsletter, one such stock is Rambus, Inc. (Nasdaq: RMBS).
Shares of RMBS closed at 7.11, down 10.93 or 60 percent. The stock nose-dived in afternoon trading as news came that a jury rejected the company's antitrust claims.
The Stockfather reports that RMBS shares were oversold in afternoon trading. Shares of RMBS actually hit 4.00, a 52-week low, and then rebounded slightly late in the day.
Other stocks to watch according to The Stockfather include Zoom Technologies, Inc. (Nasdaq: ZOOM).
Shares of ZOOM closed at 1.40, down .31 or 18 percent.
The Stockfather reports that one of the most undervalued stocks on the market is Drinks Americas Holdings, Ltd. (OTC: DKAM).
DKAM is only trading at .0023.
Many products by the company can be found in liquor stores across the country.
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
Disclaimer:
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit www.thestockfather.com for further disclosure information.
