4 Small Cap NASDAQ/NYSE Stocks Trading With Heavy Volume
NEW YORK, NY / ACCESSWIRE / December 15, 2015 / MomentumStockAlert.com is a newsletter alert service that focuses on companies on the NASDAQ & NYSE. We only highlight quality companies with big potential. This commitment provides our subscribers with only the best recommendations of companies for short and long-term investments. Receive our free trade alerts via text message (SMS) and/or email at http://www.MomentumStockAlert.com. Today we are focusing on four companies to watch that have been attracting the attention of major investors.
Straight Path Communications Inc. (NYSE MKT: STRP) Straight Path Communications Inc., through its subsidiaries, holds, leases, and markets fixed wireless spectrum licenses in the United States. After a major sell off beginning in late November, Straight Path Communications is showing signs of a turnaround as shorts begin to get squeezed out of their positions and Insider Monkey writer, Alisa Bahic reported a slight increase in hedge fund interest during the third quarter. Shares of the company closed up 17.36% on the day.
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FXCM Inc. (NYSE: FXCM) FXCM Inc., through its subsidiaries, provides online foreign exchange (FX) trading and related services to retail and institutional customers worldwide. FXCM posts its best trading day since its 1-for-10 reverse split because on Friday after market close, the company reaffirmed its $130 million buyback program and said it is still “committed” to restructuring its initial bailout arrangement with Leucadia National Corp. Shares showed a gain of more than 50% on Monday after the announcement.
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Synta Pharmaceuticals Corp. (NASDAQ: SNTA) Synta Pharmaceuticals Corp., a biopharmaceutical company, focuses on the research, development, and commercialization of novel oncology medicines for cancer patients. Shares of Synta Pharmaceuticals traded down 13.44% today and traded twice as much as its average volume. On December 3, 2015, the Company received written notice from the Listing Qualifications Department of The NASDAQ Stock Market notifying the Company that for the preceding 30 consecutive business days, the Company’s common stock did not maintain a minimum closing bid price of $1.00 per share as required by NASDAQ Listing Rule 5450(a)(1). Today, December 14, 2015, shares continue to trade below the 1-dollar mark.
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BioPharmX Corporation (NYSE MKT: BPMX) BioPharmX Corporation, a specialty pharmaceutical company, focuses on the development of novel drug delivery products for women’s health, dermatology, and otolaryngology markets. BioPharmX stock traded higher 26% to $2.23 on heavy trading volume today, after the pharmaceutical company announced that it might have developed a breakthrough treatment for acne. The company also reported its third quarter financial results after the market closed, showing Net loss for the third quarter was $3.9 million, or $0.18 per share, compared to a net loss of $2.3 million, or $0.21 per share, during the prior year quarter.
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Disclosure: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Gains are calculated and are not guaranteed to be accurate nor a reliable representation. Actual gains may vary. Past gains are not representative of future gains. MomentumStockAlert.com has not been compensated nor expects to receive any compensation for distribution of our opinions and publicly available information for STRP, FXCM, SNTA, or BPMX as of 12/14/2015. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Please visit MomentumStockAlert.com website, for complete risks and disclosures.
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