Stocks To Watch: Market Update on Today’s Stocks on the Move

MIAMI, FL / ACCESSWIRE / March 22, 2016 / Top Nasdaq Stocks is issuing a report on three stocks to watch. OREX, SXE, NETE, and BBLU have been added to our watch list today. Continue reading to find out why. – To get daily alerts on top stocks on the Nasdaq/NYSE subscribe to our newsletter at TopNasdaqStocks.com.

Orexigen Therapeutics, Inc. (NASDAQ: OREX) announced earlier this month that the company and Valeant Pharmaceuticals International, Inc. to commercialize Mysimba® (naltrexone HCl / bupropion HCl prolonged release) in Central and Eastern Europe. According to the company, the distribution agreement between Valeant Holdings Ireland and Orexigen’s wholly owned subsidiary, Orexigen Therapeutics Ireland Ltd., includes 12 countries where Mysimba has been approved for marketing in the European Union (EU): Greece, Slovenia, Slovakia, Czech Republic, Hungary, Croatia, Lithuania, Estonia, Poland, Latvia, Bulgaria, and Romania. Since hitting lows on March 16 of 0.501, the stock has climbed back by as much as 21.8% following highs on Monday (3/21) of $0.6104.

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Southcross Energy Partners, L.P. (NYSE: SXE) announced preliminary results from Q4 operations this morning, shortly before 11AM EST. According to the press, Southcross expects to report fourth quarter 2015 Adjusted EBITDA at the upper end of the previously provided guidance range of $23 million to $25 million. Since the open on Tuesday (3/22) the stock has climbed from a price of $0.64 to highs of $1.30 representing a one day move of more than 100%. Southcross Energy Partners, L.P. is a master limited partnership that provides natural gas gathering, processing, treating, compression and transportation services and NGL fractionation and transportation services.

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Net Element, Inc. (NASDAQ: NETE) announced this month that it released its proprietary, cloud-based Aptito Point of Sale solution for retail stores. Net Element is a provider of global mobile payment technology solutions and value-added transactional services. Since March 8, the stock has climbed from $0.2028 to highs on Tuesday (3/22) of $0.365 representing a move of 80%. Aptito combines traditional POS functionality with digital menus, mobile ordering, mobile payment acceptance, social media and a wide range of business management features such as table management, menu management, inventory management, reservation, scheduling and payroll management.

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Blue Earth (NASDAQ: BBLU) is an alternative/renewable power generation solutions company. Yesterday Blue Earth announced that it has reached an agreement with Jackson Investment Group, LLC, a senior lender and a principal shareholder of the Company which declared a default on March 1, 2016. The Company plans to submit a Chapter 11 Plan of Reorganization within the next thirty days, which is intended to address the claims of unsecured creditors and shareholders, as well, all subject to approval by the Bankruptcy Court. Since opening the day at 0.05 on Tuesday (3/22), the stock has climbed as much as 69.4% following highs of $0.0847.

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Disclosure: The information, opinions and analysis contained in this report 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 do not accept any responsibility or liability for any losses, damages or costs arising from an investor’s or other person’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, nor a recommendation of any security. Past gains are not representative of future gains. Top Nasdaq Stocks has not been compensated nor does it expect to receive any compensation for distribution of its opinions and publicly available information regarding OREX, SXE, NETE, or BBLU at this time. The opinions contained herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. When used herein, the words “anticipate,” “intend,” “estimate,” “believe,” “expect,” “plans,” “should,” “potential,” “forecast,” and variations of such words and similar expressions are intended to identify forward-looking statements. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. A company’s actual results could differ materially from those described in any forward-looking statements contained herein. Top Nasdaq Stocks is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter. We recommend that you use the information found herein as an initial starting point for conducting your own research in order to determine your own personal opinion of the companies discussed herein before deciding whether or not to invest. You should seek such investment, tax, financial, accounting or legal advice appropriate for your particular circumstances. Information about many publicly traded companies and other investor resources can be found at www.sec.gov. Investing in securities is speculative and carries risk. Please visit http://topnasdaqstocks.com/index.php/disclaimer/ website for a more detailed discussion of risks and disclosures.

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