Hot Stocks to Watch ( PPHM, BIOF, MTN, GENE )

Los Angelas, CA -- (SBWIRE) -- 09/26/2012 -- Peregrine Pharmac (NCM:PPHM) is very active today and traded between $1.23 - 1.87 with total traded volume of 55607552 shares. At a current price of 1.7002, PPHM is +0.5402 - +46.57% from the previous close of $1.16. Moreover, At Current Market Price, PPHM is in distance of -44.52% from its 50-day Moving Average price of $3.0646 and +31.63% from its 200-day Moving Average price of 17. Peregrine Pharmaceuticals (NASDAQ: PPHM) shares bounced back 47.41% to $1.71 after falling 80% in yesterday's session after the company announced that Attorney Advertising, Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Peregrine Pharmaceuticals, Inc., concerning potential violations of federal securities laws. The discrepancy was made while reviewing trial data in preparation for a meeting with the U.S. Food and Drug Administration. The Company had initially disclosed results from the clinical trial that claimed enhanced survival times for lung cancer patients taking bavituximab, resulting in a 46% increase in Peregrine’s share price.

Claim Your Own Free Reports : CLICK HERE

BioFuel Energy Co (NCM:BIOF) is +0.50 - +8.40% from the previous close of $5.95. It traded between $5.35 - 6.85 with total traded volume of 1176789 shares. Keep a close eye on BIOF, as the stock has been showing unusual moves over the past weeks. At Current market price, BIOF has recovered +211.59% from its 52-week Low of 2.07 and has Pulled back -73.99% from its 52-week high of 24.80. BIOFUEL ENERGY CORP. (NASDAQ:BIOF), an ethanol production company, announced today that it has decided to idle its Fairmont, Minnesota ethanol facility until further notice. The plant ceased ethanol production as of the end of last week. The Company reported that its second plant in Wood River, Nebraska continues to operate. BioFuel Energy currently has two 110 million gallons per year ethanol plants in the Midwestern corn belt. The Company's goal is to become a leading ethanol producer in the United States by acquiring, developing, owning and operating ethanol production facilities.

Claim Your Own Free Reports : CLICK HERE

Vail Resorts, Inc (NYSE:MTN) is very active today and traded between $54.51 - 59.49 with total traded volume of 1666653 shares. At a current price of 57.07, MTN is +4.34 - +8.23% from the previous close of $52.73. Moreover, At Current Market Price, MTN is in distance of +8.14% from its 50-day Moving Average price of $52.7729 and +20.92% from its 200-day Moving Average price of $47.1965. Vail Resorts Inc. (NYSE:MTN) is up 10.28% in late morning trading at $58.15. MTN has traded 456 thousand shares so far today, well above its daily average of 238 thousand shares. MTNshares are up today after posting quarterly results. Vail Resorts posted an EPS beat of $0.06/share and beat on revenue. The company has a market cap of 2.09 billion.

Claim Your Own Free Reports : CLICK HERE

Genetic Technolog (NCM:GENE) is +0.25 - +7.46% from the previous close of $3.35. It traded between $3.60 - 4.22 with total traded volume of 2793140 shares. Keep a close eye on GENE, as the stock has been showing unusual moves over the past weeks. At Current market price, GENE has recovered +57.21% from its 52-week Low of 2.29 and has Pulled back -41.94% from its 52-week high of 6.20. Genetic Technologies Limited (NASDAQ: GENE) shares soared 19.40% to $4.01 after the company announced that BREVAGen has been cleared for sale into the State of Florida following the grant of a permit to the Company's Australian-based laboratory by the Clinical Laboratory Unit of the Florida Agency for Healthcare Administration (AHCA).

Claim Your Own Free Reports : CLICK HERE

Disclaimer:
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..

Contact:
hotpennystocknews.com
info@hotpennystocknews.com