Top Penny Stocks On Wednesday March 23, 2016

MIAMI, FL / ACCESSWIRE / March 23, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. BBLU, LUNA, CERU, and SFOR 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.

Blue Earth Inc. (NASDAQ: BBLU) has seen an increase in price and volume this week. From a closing price on Tuesday (3/22) of 0.048, shares of BBLU have increased in price by as much as 35% following highs on Wednesday (3/23) of $0.065. Blue Earth 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.

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Luna Innovations Incorporated (NASDAQ: LUNA) announced its financial results for the fourth quarter and year ended December 31, 2015 on Tuesday March 22. Results showed net income of $7.9 million for the fourth quarter of 2015 versus net loss of $(0.9) million for the fourth quarter of 2014. Furthermore, Luna reported net income of $2.3 million for the full year 2015 versus $6.0 million for 2014. Since closing Tuesday 3/22 at $1.00, shares of LUNA have increased to highs of 1.25 on Wednesday (3/23)

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Cerulean Pharma Inc. (NASDAQ: CERU)announced the publication of clinical data for its lead compound, CRLX101, in the journal Proceedings of the National Academy of Sciences, on Wednesday (3/23) . The Company has a Dynamic Tumor Targeting™ Platform to create a portfolio of NDCs designed to selectively attack tumor cells, reduce toxicity by sparing the body’s normal cells, and enable therapeutic combinations. The stock has seen an increase in price and volume on Wednesday from an open of $3.48 to a high of $3.62. Furthermore, volume has increased to more than 3 million shares in comparison to Tuesday’s volume (3/23) of just over 100,000.

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StrikeForce Technologies, Inc. (OTC: SFOR) released a “Financial Strategy Update” on Wednesday 3/23. “We have implemented a four-pronged strategy for selling products and driving revenues into StrikeForce,” says Mark L. Kay, CEO. “StrikeForce’s reinvention is just the beginning of our new strong position in the marketplace. Our management expects, but cannot guarantee, success with our “Out-of-Band” patents and sales. Besides an emphasis on robust sales, we will be focusing on litigation against a number of companies that potentially infringe on our “Out-Of-Band” patents over the next few years, although there can be no assurances of these patents consistently prevailing. Therefore, 2016 is a year we are planning for success for StrikeForce.”

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