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(EMAILWIRE.COM, January 08, 2012 ) Chicago, Illinois - The Stockfather (www.thestockfather.com) believes that Tengion Inc. (NasdaqGM: TNGN) will continue to move upwards, after being beaten down all the way to .33 cents a share.
Tengion, Inc. (TNGN) has a top notch pipeline, and a great management and medical team.
Another thing which just happened, is that www.barchart.com and www.americanbulls.com has now issued a buy for (TNGN).
Thestockfather.com also would like to state that (TNGN) has been closing at the high of the day, this is a really bullish sign.
Tengion, Inc. (TNGN) could turn out like Dendreon Corporation (NasdaqGS: DNDN), which traded in the $2 range, before taking off and hitting nearly $56 a share.
Like Dendreon Corporation (DNDN), Tengion, Inc. (TNGN) also has an attractive looking pipeline, which is geared towards beating and controlling cancer, making their product candidates not only lucrative, but more importantly possibly life saving.
Tengion is developing products from a patient's own cells that harness the body's ability to regenerate native-like tissues and organs.
Many out there do not believe in stem cells being taken from fetuses, we at Thestockfather.com are also in that category, that is another reason why we like Tengion (TNGN), because they use a patients own cells.
One of their potential blockbusters is their Tengion Neo-Urinary Conduit. To find out more about it, watch the video here: http://www.tengion.com/news/video1-small.cfm
Shares of (TNGN) appear to be on the move up. Most importantly, they seem to be an extreme bargain at the current price of .68 cents per share.
Dendreon Corporation (NasdaqGS: DNDN) is likely to hit $14 a share in the coming days, but then profit taking could bring (DNDN) back down to the $11 range.
Those holding Dendreon Corporation (DNDN) from the past few months have done quite well, so it may be time to take some profits.
Dex One Corporation (NYSE: DEXO) still is a good buy, but not at the current price, as (DEXO) could drop another 10%.
Investors should continue to watch Dex One Corporation (DEXO).
Rare Element Resources Ltd. (AMEX: REE) may pull back this week.
Look for Rare Element Resources Ltd. (REE) to drop back to $5.
Thestockfather.com feels that (TNGN) will go down as one of their biggest stocks of all time.
AMR Corporation (Other OTC: AAMRQ.PK) is starting to get hot again, but the swings in (AAMRQ) can really hurt a novice investor, so those who are green in trading, could lose a lot of green.
AMR Corporation (AAMRQ) is not considered a hold, as shares are expected to become worthless.
About The Stockfather:
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.
The Stockfather
David Conway
312-473-5916
alerts@thestockfather.com 
Source: EmailWire.com
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