Penny Stocks To Watch: Four Top Small Cap Stocks on Monday April 25
MIAMI, FL / ACCESSWIRE / April 25, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. TLOG, LPTN, OREX, and BTUUQ have been added to our watch list today. Continue reading to find out why. – To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.
TetraLogic Pharmaceuticals Corporation (NASDAQ: TLOG) has seen an increase in price and volume over the last few weeks. Since April 13 the stock has climbed from $0.162 to highs on Monday (4/25) of $0.4599. This represents a total move up of 184% in less than 15 days. TetraLogic Pharmaceuticals Corporation is a clinical-stage biopharmaceutical company, focuses on discovering and developing small molecule therapeutics for oncology and infectious diseases. Its clinical-stage product candidate, Birinapant, is in Phase II clinical trial administered with azacitidine for the treatment of myelodysplastic syndromes. You Can View TLOG’s Chart Here.
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Lpath Inc. (NASDAQ: LPTN) has seen an increase in price during the month of April by as much as 66%. On Monday 4/25 the stock hit highs of just under $0.30, which is up significantly from earlier April lows of $0.181. On April 19th the company announced the completion of its Phase 1 double-blind, placebo-controlled, single ascending dose study to evaluate the safety, tolerability, immunogenicity and pharmacokinetics of Lpathomab™ in healthy volunteers. Lpathomab was well tolerated at all doses tested, and no serious adverse events or dose limiting toxicities were observed. Get More Information on LPTN Now!
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Orexigen Therapeutics, Inc. (NASDAQ: OREX) announced the appointment of Beth Eastland as Vice President of Sales and eight other additional new employees on Monday morning (4/25). Dr. Thomas Cannell, Executive Vice President and Chief Commercial Officer at Orexigen stated, “We are very excited to have Beth join Orexigen as we build out our commercial capabilities…Beth brings extensive sales and marketing experience and is well known by colleagues as a strong cross-functional leader with a consistent track record building and leading exemplary sales teams and as a top performer.”
Since opening Monday April 25th at $0.4314, the stock has climbed to highs of $0.4988 just before the lunch hour. You can view the full OREX press release HERE.
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Peabody Energy Corporation (BTUUQ) filed an 8K on Friday (4/22) stating that the company has an accounts receivable securitization program through its wholly owned subsidiary, P&L Receivables Company, LLC. Under the AR Program, Peabody contributes a pool of eligible trade receivables (the “Receivables”) to P&L Receivables, which then sells, without recourse, the Receivables to various conduit and committed purchasers. The AR Program has a maximum availability of $180 million and matures on the earlier of March 25, 2018 and the substantial consummation of a plan of reorganization filed in the Chapter 11 Cases as defined in the 8-K that is confirmed pursuant to an order entered by the Bankruptcy Court. Since April 14 the stock has increased in price by as much as 166% after hitting new April highs on Monday April 25. Get more information on BTUUQ now, Click Here.
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