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Less than a month ago shares of Raptor Pharmaceutical Corp. (NASDAQ: RPTP) were trading at a 52-week high of 7.67 following news that the FDA had approved their nephropathic cystinosis drug, Procysbi, a twice-daily oral medication that puts it in competition with Cystagon, the FDA approved treatment offered by Mylan Inc. (NASDAQ: MYL). Unfortunately for RPTP the buzz surrounding the FDA approval was short lived as investors took exception to forecasts of Procysbi’s peak sales projections of $60 million in the United States, a figure offered by JMP Securities. Continue reading →
Shares of Camtek Ltd. (NASDAQ: CAMT) spiked to a 52-week high of 2.65 on Monday following the release of the company’s first quarter 2013 financial results which showed an improvement in revenue from their fourth quarter 2012 while forecasting an even stronger second quarter revenue guidance. CAMT, a company that provides automated and technologically advanced solutions dedicated to enhancing production processes and increasing yields, enabling and supporting customer’s latest technologies in the Semiconductors, Printed Circuit Boards (PCB) and IC Substrates industries, closed last Friday at 1.68 on trading volume of 11,500 but opened Monday fast, hitting that 52-week high as volume topped the 1 million mark by early afternoon. Continue reading →
Just as quickly as Next Generation Corp. (OTCQB: NGMC) was able to climb to a new 52-week high of 0.1090 on Monday shares in the company focused on acquiring a portfolio of properties that contain valuable natural resources, such as natural gas, oil and coal have dropped down to the 0.0780 mark and the slide may not be over. While NGMC may still be well ahead of the 0.0300 share price from earlier this month there has been little reason to believe that the actions the company has taken since that time have warranted any kind of optimism about their future prospects. Continue reading →
While it has been more than a week since Vanda Pharmaceuticals, Inc. (NASDAQ: VNDA) released their first quarter financial and operational results it was today that the biopharmaceutical company focused on the development and commercialization of products for the treatment of central nervous system disorders began to see a positive reaction to their stock with shares climbing to a 52-week high of 7.23; this after closing yesterday’s session at 5.50. Continue reading →
Over the past month Enviro-Serv, Inc. (PINKSHEETS: EVSV) has seen their share price take a staggering hit, falling from a high of 0.0560 on April 9, 2013 down to a 52-week low of 0.0023 today, and with no real operations in place at the moment many investors may be questioning the future of the company. Of course EVSV believes they are on the cusp of something big due to the progress they have made with three potential subsidiaries. Continue reading →
The response to yesterday’s release of first quarter results for Eagle Bulk Shipping, Inc. (NASDAQ: EGLE) has been overwhelmingly positive as the company, which is a leading global owner of Supramax dry bulk vessels that range in size from 50,000 to 60,000 deadweight tons and transport a broad range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes, climbed to a 52-week high of 5.93 in early activity after closing yesterday’s session at 3.56. Continue reading →
Apparently FBC Holding, Inc. (OTCQB: FBCD) has learned that the best way to attract investor attention and push their share price north is abandon a failed business plan and start anew; developing operations related to gold mining or gold mining services. The move has paid off thus far for FBCD as the company has seen their share price climb to a high of 0.0150 today, not bad after sinking to a low of 0.0071 last Friday. FBCD has also experienced considerable trading activity, already exceeding the 3.3 million mark by early afternoon on Thursday. Continue reading →
Without question Alas International Holdings, Inc. (PINKSHEETS: VDSC), aka PV Enterprises International Inc., has been making waves of late with their continued updates regarding their progress in establishing cruise and ferry operations worldwide. The flood of press releases has aided VDSC in their attempts to attract investor awareness with trading volume routinely in the 12-15 million range while their share price has surged from a low of 0.0014 on April 22, 2013 to a high of 0.0170 today. Continue reading →
Almost one year ago shares of Rockwell Medical, Inc. (NASDAQ: RMTI) were trading as high as 10.70 but those days must seem like a distant memory for the fully-integrated biopharmaceutical company targeting end-stage renal disease (ESRD) and chronic kidney disease (CKD) with innovative products and services for the treatment of iron deficiency, secondary hyperparathyroidism and hemodialysis after sinking to a 52-week low of 3.16 back in March and their continued struggle to inch higher. Continue reading →
When a company like Trulan Resources, Inc. (PINKSHEETS: TRLR) outlines their mission as “the exploration and development of mining properties whose economic potential is considered to be extensive, while requiring minimal infrastructure and operational costs, that can be advanced in an environmentally responsible manner,” it’s difficult to take them too seriously considering that mission is likely shared by an overwhelming majority of mining companies. Making it even more difficult to take TRLR seriously is the fact that according to their last filing they had $523 in cash, not even enough to buy an ounce of gold much less mine for the metal. Continue reading →