MIAMI, FL / ACCESSWIRE / March 24, 2016 / Top Nasdaq Stocks is issuing a report on four stocks to watch. RXMD, GSI, CPXX, and COOL 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.
Progressive Care, Inc. (OTC: RXMD) through its subsidiary, Pharmco, is a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities. Today the company announced that as of March 24, 2016 the number of shares of common stock issued and outstanding has decreased by 3.55%. The reduction in shares outstanding is due to the return and retirement of 12,497,938 shares of common stock previously issued to Tarpon Bay Partners. Since making the announcement this morning, the stock has climbed from a low of 0.038 to a high at the time of this release of $0.0495.
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General Steel Holdings, Inc. (NYSE: GSI)announced on Thursday (3/24) that along with its 1% minority interest holder, have jointly signed an equity transfer agreement to sell 100% of the equity interest in Maoming Hengda Steel Co., Ltd., to Tianwu Tongyong International Trade Co., Ltd, for RMB331.3 million or approximately $51 million. The stock has increased from $1.97 to highs of $2.88 on Thursday (3/24) morning. This represents a jump of more than 46%. General Steel trades iron ore and steel products.
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Celator Pharmaceuticals, Inc. (NASDAQ: CPXX) has been climbing for the entire week of March 21st. The company plans to raise $38million via a stock offering. Since Monday (3/21), shares of CPXX have climbed from lows of $8.57 to highs of $12.48 and volume has continued to remain above its previous 30-day average. Previous to announcing this raise, Celator announced positive results from a Phase 3 trial of its drug Vyxeos in patients with high-risk acute myeloid leukemia.
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Majesco Entertainment Co. (COOL) is an innovative developer, marketer, publisher and distributor of interactive entertainment for consumers around the world. This week the stock has seen lows of $0.77 and highs of $0.99. It also has a 2016 high well over $2. Over the last 3 trading days, volume has been increasing as price has risen by as much as 28%. The company announced earlier this week the development launch of a new title, Glue, for the PC. Glue is a first-person puzzle-platform game with a cutting edge ragdoll physics engine.
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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. Pursuant to an agreement between us and a non affiliate 3rd party we were hired for a period beginning on 3/20/16 and ending on 6/19/16 to publicly disseminate information about (cool) including on the website and other media including facebook and twitter. We are being paid $100,000 (cash) for or were paid "zero" shares of unrestricted or restricted common shares. We own zero shares of (cool), which we purchased in the open market. We plan to sell the "zero" shares of (cool) that we hold during the time the website and/or facebook and twitter information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of (cool) in the open market at any time, including before, during or after the website and information, provide public dissemination of favorable information. 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 RXMD, GSI, or CPXX in this investment opinion article 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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