Stamford, CT -- (SBWIRE) -- 01/24/2014 -- OTC Stock Picks is engaged in providing the most up to date and useful information on the Best Penny Stocks that are poised to breakout. Our penny stock newsletter alerts the market with picks that Wall Street stock traders have ignored or haven’t found out about yet. Here are some of the most awesome penny stocks we came up with that the ‘underground penny stock experts’ are always bragging about in their penny stock newsletters. Have a look on today’s market movers: Cleveland BioLabs, Inc. (NASDAQ:CBLI), Luna Innovations Incorporated (NASDAQ:LUNA), Zhone Technologies Inc (NASDAQ:ZHNE), Homex Development Corp. (ADR) (NYSE:HXM)
Cleveland BioLabs, Inc. (NASDAQ:CBLI) opened the session at $0.64, trading in a range of 0.63 - $0.84. The stock showed a negative performance of -33.63% in the last trading session from its previous close of $1.13 and closed at $0.750. The stock traded on a volume of 5.28 million shares and the average volume of the stock remained 264,676 shares. Cleveland BioLabs, Inc. is a clinical-stage biotechnology company with a focus on oncology drug development. The Company’s lead drug candidate CBLB502 is developed for dual indications under the United States Food & Drug Administration's (FDA's) Animal Efficacy Rule, commonly referred to as the Animal Rule, as a radiation countermeasure, and under the FDA's traditional drug approval pathway as an anti-cancer agent and an oncology supportive care therapy.
Has CBLI Found The Bottom and Ready To Move Up? Find Out Here
Luna Innovations Incorporated (NASDAQ:LUNA) traded 3.52 million shares in the last business day while the average volume of the stock remained 284,988 shares. The stock showed a negative movement of -31.00% to end at $1.73. The 52 week range of the stock remained $1.09 - $3.36. Luna Innovations Incorporated is engaged in developing, manufacturing and marketing fiber optic test and measurement, sensing, and instrumentation products. The Company operates in two segments: its Products and Licensing segment and its Technology Development segment. The Company's Products and Licensing segment develops, manufactures and markets the Company's fiber optic test and measurement, sensing, and instrumentation products and also conducts applied research in the fiber optic sensing area for both corporate and government customers.
Has LUNA Found The Bottom And Ready To Gain Momentum? Find Out Here
Zhone Technologies Inc (NASDAQ:ZHNE) reported 3.49 million shares were exchanged during the last trade, while the average volume is about 836,489 shares. The stock dropped -25.60% and finished the day at $4.62. The beta of the stock is recorded at 1.96. Zhone Technologies Inc. (Zhone) designs, develops and manufactures communications networks equipment for telecommunications, wireless and cable operators worldwide. With the Company's products and solutions, network service providers can migrate from traditional circuit-based networks to packet-based networks and from copper-based access lines to fiber-based access lines without abandoning the investments they have made in their existing infrastructures.
Why Should Investors Buy ZHNE After the Recent Fall? Just Go Here and Find Out
Homex Development Corp. (ADR) (NYSE:HXM) shares dropped -10.40 percent from its previous close of $1.73 to close at $1.55. Traded with volume of 3.45 million shares in the prior session and the average volume of the stock remained 575,559 shares. Desarrolladora Homex SAB de CV is a Mexico-based homebuilding company. Together with its subsidiaries, the Company is mainly engaged in the promotion, design, development, construction and sale of affordable entry level and middle income residential housing.
Will HXM Get Buyers Even After The Recent Rally? Find Out Here
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