NEW YORK, NY / ACCESSWIRE / November 19, 2015 / StockMarketLeader.com is an investor alert service that exclusively highlights public companies on the NASDAQ & NYSE with strong upside potential. We are committed to providing the best recommendations in the market on a short and long term basis. Receive our free trade alerts via text message (SMS) and/or email at www.StockMarketLeader.com. Today we are focusing on four companies to watch that have been attracting the attention of investors.
KaloBios Pharmaceuticals Inc. (NASDAQ: KBIO), a biopharmaceutical company, develops monoclonal antibody therapeutics for the treatment of cancer in the United States. KaloBios announced on Friday that it was winding down operations because it was running out of cash while developing two potential cancer drugs. During after-hours trading on Wednesday, shares skyrocketed 824% to $19.13 following news that Turing Pharmaceuticals CEO Martin Shkreli bought 1.2 million shares of KaloBios. As of August 7th, KaloBios had 4.1 million shares outstanding.
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Anavex Life Sciences Corp. (NASDAQ: AVXL) Anavex is a bio-pharmaceutical company that develops drugs to treat Alzheimer,s disease and central nervous system diseases. Anavex Life Sciences has seen a reaction in the market on a flow of positive news. From a closing price on Tuesday of $3.24, the stock has risen by as much as 95% following highs of $6.34 during afterhours trading on Wednesday. The catalyst for the rally is the announcement that the company will be moving forward with its development program for ANAVEX 2-7 (drug candidate for Alzheimer's and other nervous system diseases).
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Eros International Plc (NYSE: EROS)Eros International Plc provides integrated media and entertainment services. It engages in co-produce, acquire and distribute Indian language films in multiple formats worldwide including: theatrical, television syndication and digital platforms. Eros International Plc has recently experienced its 50 Day Moving Average falling below the 200 Day Simple Moving Average, which is a bearish signal in the short-term. The stock has fallen by more than 55% in the past four weeks from a high of $19.94 to Wednesday's closing price of $8.61.
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e-Future Information Technology Inc. (NASDAQ: EFUT) eFuture Information Technology Inc. is a leading software and solution provider and a mobile business enabler to China's rapidly growing retail and consumer goods industries. eFuture's clients include over 1,000 active retailers with more than 50,000 physical stores across China, of which approximately 45% were ranked among the top 100 chain retailers during 2014. eFuture Information Technology Inc. opened at $6.10 on Wednesday and closed the day up 19.12% at $7.54. The stock went on to hit highs of $7.69 in afterhours trading on Wednesday. On Wednesday, the stock experienced volume more than 15 times higher when compared to its average volume over the last 3 months. The company is scheduled to release 2015 Third Quarter Earnings on Friday, November 20th.
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StockMarketLeader.com is an investor alert service that exclusively highlights public companies on the NASDAQ & NYSE with strong upside potential. We are committed to providing the best recommendations in the market on a short and long term basis. Receive our free trade alerts via text message (SMS) or email by joining at www.StockMarketLeader.com.
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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. StockMarketLeader.com has not been compensated nor expects to receive any compensation for distribution of our opinions and publicly available information for KBIO, AVXL, EROS, nor EFUT as of 11/19/2015. 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 www.StockMarketLeader.com website, for complete risks and disclosures.
*Gains are calculated by staff and are not guaranteed to be accurate nor a reliable representation. Actual gains may vary. Past gains are not representative of future gains.
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