[ACCESSWIRE]
MIAMI, FL / ACCESSWIRE / May 11, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. PPHM, MGT, SAKL, and GOGY 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.
Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM) has seen an increase in price and volume over the last few days. Since May 9, the stock has climbed up from its lows of $0.2934 to highs on Wednesday of $0.3905 during the morning session. This 33% move was also met with volume increasing day over day from 1.4million shares traded in total on the 9th to over 1 million shares traded as of the lunch hour on Wednesday, which is at a higher pace in comparison and at a higher price. Though there has not been much news in May, on April 20, Peregrine announced the presentation of preclinical study data demonstrating enhanced anti-tumor activity and immune activation for a combination of the preclinical bavituximab equivalent (ch1N11) and anti-PD-1 therapy in models of breast cancer including triple negative breast cancer. Jeff T. Hutchins, Ph.D., Peregrine's vice president, preclinical research stated, "These presented study results, particularly the significant increase in overall survival and immunity to tumor re-challenge seen with the treatment combination as compared to anti-PD-1 therapy alone, continue to strengthen our collection of translational and preclinical data supporting the potential for bavituximab to enhance the therapeutic impact of I-O agents in the treatment of cancer." You Can View PPHM's Newsfeed Here.
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MGT Capital Investments, Inc. (NYSE MKT: MGT) has seen a very large increase in attention this week after the company announced the proposed appointment of John McAfee as Executive Chairman and Chief Executive Officer. Furthermore, MGT Capital also intends to change its corporate name to John McAfee Global Technologies, Inc. Mr. McAfee is credited with selling his anti-virus company to Intel for $7.6 billion, and is actively involved in the development of new measures to protect individual freedoms and privacy. Since hitting lows earlier this week of $0.423, the stock has increased as high as $0.939 on Wednesday representing a move up of more than 100% since the beginning of the week. Get More Information on MGT Now!
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Sack Lunch Productions, Inc. (OTC: SAKL) reported earlier this week, total sales of $1,792,566 across all corporate and franchised events in North America for the month of April. Ticket sales for corporate and franchised events were $1,189,222 and $319,736 respectively. Richard Surber, CEO of SAKL, commented, As a result of the rules for revenue recognition, shareholders can expect to see Q1 revenues that will seem low, while liabilities will be relatively high. Coming into Q2 recognized revenues will begin reflecting those ticket sales as we enter our busy season."
Since March, shares of SAKL have increased by as much as 120% after hitting highs of $0.148 on Wednesday morning. You can view the full SAKL Chart HERE.
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Golden Grail Technology Corp. (OTC: GOGY) announced the launch of CAH!fe. Being the sixth addition to the organic, non-GMO AH! Brands (KeenwAH, CheeAH, MacAH, Fruitopi-AH! and AH!Maranth!) CAH!Fe brand offers both roasted and unroasted organic Arabica coffee beans from the Amazon rain forest of Peru. Wednesday's trading session saw increase trading volume followed by a price increase to highs of $0.036. This represents a move of 20% since Tuesday's closing price of $0.03. Get more information on GOGY now, Click Here.
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