Jim Van Meerten's  Instablog

 Here are 3 AMEX stocks I found on Barchart while screening for those stocks hitting the most frequent new highs:

Golf Trust of America (PTX) -- Pernix Therapeutics Holdings Inc., formerly known as Golf Trust of America, Inc., is a specialty pharmaceutical company focused on developing and commercializing pharmaceutical products to meet medical needs primarily in pediatrics. The Company's product families include Aldex, Pediatex, Z-Cof, Brovex, ReZyst and QuinZyme. Its ALDEX products are indicated for the treatment of allergies and symptoms of the common cold. PEDIATEX TD is for the treatment of respiratory allergies. Z-COF 8DM is for the treatment of allergies and symptoms of the common cold. The BROVEX products are indicated for the treatment of allergies and symptoms of the common cold. REZYST IM is a chewable tablet probiotic indicated to replace active cultures that are destroyed by diet and antibiotics and to reduce symptoms associated with irritable bowel syndrome and various gastrointestinal issues. QUINZYME is a dissolve tablet for patients with depleted ubiquinone levels and for patients on statin therapy. Pernix is based in Magnolia, Texas.

• 100% Barchart technical buy signal
• 16 new highs in the last month
• Up 21.33% in the last month
• Relative Strength Index 69.68% and rising

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.