The Funky Friday Rundown (8/17/2007)

(Note: Every Friday [I do not post on Saturday or Sunday], I am going to do a one-line commentary about the past week on some of the more popular penny stocks listed on Investors Hub. These are NOT recommendations... just some thoughts. )

1) Global Diamond Exchange, Inc. (GBDX) – Interesting volume on today’s close. I like the likeliness of the company being turned private, but my caution bone is starting to tingle over the lack of the company’s transparency.

2) Phoenix Associates Land Syndicate (PBLS) – Verification from Komex needed, but clear sailing otherwise. In my opinion, the company was undervalued from both a current and long-term view even before the massive contract.

3) Ifinix Corp (INXR) – Yeup…. Might be an interesting short-term play, but I’m not seeing a bright future if a brokerage doesn’t adopt the software.

4) Esprit Financial Group Inc. (EFGO) – I’ll admit that I know little about this one, but there’s a very strong aura of desperation surrounding the company's focus. Personally, I haven’t seen anything that catches my eye for a sustainable long-term future.

5) Eternal Image Inc (ETIM) – Company’s trading sideways staying aloft in light of pink sheet gravity. I love the future of this company, the industry hasn’t been changed in tens if not hundreds of years.