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Actionable news in MEET: MeetMe, Inc.,

Heads Up: Stocks I'm Keeping An Eye On

Summary

A slew of insider buying and upgrades from many films is pushing VRX above $29 in pre-market trading.

Groupon seems to want to correct, and I would be a buyer if it falls to $5 a share.

Intelsat is a possible multi-bagger stock, that I am keeping my eye on, Have not wrote a piece on it yet, but plan to do so soon.

Finally, MeetMe had a good quarter, however valuation concerns are keeping me away for the time being.

Valeant (NYSE:VRX) was upgraded by Morgan Stanley to overweight with a $42 price target. The stock is up in the morning session by about 7%. However this is not the only good news. Many insiders have been buying shares over the past several days, with chairman and CEO Joseph Papa topping the list, after purchasing 202,000 shares at $24.48 recently. Additional good news for the stock is an avalanche of upgrades. Among other, Canaccord Genuity reissued a "hold" rating and issued a $40.00 price target. Rodman & Renshaw reissued a buy rating with a $105 price target. Guggenheim rates the stock a buy with a $55.00 price target. Please note VRX is my second largest...


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