Baystreet Staff -

A Penny Stock to Watch: Here Are Four of Them for Monday


CORAL GABLES, FL / ACCESSWIRE / March 7, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. AMBS, BRKO, BCEI, and EGLE have been added to our watchlist today. Continue reading to find out why. - To get daily alerts on top stocks on the OTCQB, OTCQX, and OTCBB, subscribe to our newsletter at

Amarantus BioScience Holdings (OTCQX: AMBS) is a biotechnology company developing treatments and diagnostics for diseases in the areas of neurology, regenerative medicine and orphan diseases. This morning the company announced that its wholly owned subsidiary, Amarantus Diagnostics and Avant Diagnostics (AVDX) have jointly entered into a letter of intent for Avant to acquire Theranostics Health Incorporated. The companies are expected to consolidate shares into Avant Diagnostics. The combined Company will focus on Oncology and Neurology diagnostics with 3 proprietary diagnostic tests for ovarian cancer (OvaDx®), multiple sclerosis (MSPrecise®) and Alzheimer's disease (LymPro Test®)CLIA-enabling validation studies for OvaDx® MSPrecise® and LymPro Test® expected to initiate in 2016 to support product launch in 2017. During the last 5 trading days, shares of AMBS have climbed as high as $0.1425 representing a move of more than 18% from current prices. Volume has also continued to increase.

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Broke Out Inc. (OTC: BRKO) is a German-based developer, publisher and marketer of mobile apps. The Company offers apps to a cross section of users of smartphones and tablet devices who download and make purchases through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store, among others. Monday the company announced that it has acquired the Test for reaction app that runs on Android mobile devices.

According to the Company, the app has almost 200,000 downloads and approximately 10,000 active users and is adding new users daily at a steady pace. The app has nearly 4,000 reviews on the Play Store most of which are highly positive. Since Friday, the share price of BRKO has increased by more than 128% during early trading Monday morning following highs of $2.80. Monday has also seen the highest volume day the stock has realized to date.

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Bonanza Creek Energy, Inc. (NYSE: BCEI) has seen an increase in trading volume over the last 3 trading days. Monday the stock climbed to highs of $3.38 in early morning trading after market activity took the stock on a 51% rally from the opening bell. The company is an independent oil and natural gas company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich natural gas in the United States. The Company's assets and operations are concentrated primarily in the Rocky Mountains in the Wattenberg Field, focused on the Niobrara and Codell formations, and in southern Arkansas, focused on oily Cotton Valley sands.

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Eagle Bulk Shipping Inc. (NASDAQ: EGLE) filed an 8-K on Monday updating on the current agreement that it had in place and was previously announced in January. Pursuant to the 8-K, the company entered into Amendment No. 5 to Forbearance and Standstill Agreement. EGLE extend the Forbearance Period to allow the Company with additional time while discussions regarding financing alternatives are continuing. EGLE is a US-based owner and operator of dry bulk vessels, providing its customers with reliable and responsible global transportation services for the carriage of bulk commodities including: coal, grain, iron ore, steel, cement, and forest products, among others. Its fleet currently totals 45 ships and is focused on the mid-size asset class, referred to as Supramax. From its opening price of $1.46 the stock has climbed by as much as 98% after hitting highs of 2.89 Monday morning.

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