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Penny Stocks in Focus - Telecom Corp of New Zealand (ADR), Invivo Therapeutics Holdings Corp, FUSE SCIENCE, INC, Federal National Mortgage Association

 
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Chicago, IL -- (SBWIRE) -- 06/17/2013 -- PennyPicks.net prowl the markets, sift through hundreds of companies and pick those poised to move and then present them to you. Stocks with the greatest possibility of gains, period. We call it as we see it and we are real about it.Let’s have a look at today’s hot stocks: Telecom Corp of New Zealand (ADR) (OTCMKTS:NZTCY), Invivo Therapeutics Holdings Corp (OTCBB:NVIV), FUSE SCIENCE, INC (OTCMKTS:DROP), Federal National Mortgage Association (OTCBB:FNMA)

Telecom Corp of New Zealand (ADR) (OTCMKTS:NZTCY) gained 1.82%, trading on 111,015shares to end the trade at $8.93. If we look at its trading history of past 52 weeks, the share price suffered low of $8.50 and was moved to maximum level of $11.53.The stock changed hands in a range of $8.79 to $9.02, bringing its market capitalization at about $3.32 billion. Telecom Corporation of New Zealand Limited, together with its subsidiaries, provides telecommunications services, information technology (IT) services, and network services in New Zealand and Australia.

Will NZTCY Continue To Move Higher? Find Out Here

Invivo Therapeutics Holdings Corp (OTCBB:NVIV) added 3.63% to complete the trading session at $4.00 with a total volume of 307,994 shares. The stock, on average, trades on a volume of 351,100 shares. In the past 52 weeks, the share price has not declined below $1.25 and above $4.75.It floated in a range of $3.76 to $4.05 during last trading session with a beta value of 10.18.Its market capitalization now moved to about $280.70 million. InVivo Therapeutics Holdings Corp. (NVIV), a developer of groundbreaking technologies for the treatment of spinal cord injuries (SCI) and other neurotrauma conditions, announced that InVivo’s Chief Executive Officer and Chief Financial Officer Frank Reynolds has been named as a finalist in the fifth annual Boston Business Journal’s CFO of the Year Awards. Reynolds has been selected as a finalist in the Public Company category.

Why Should Investors Buy NVIV After The Recent Gain? Just Go Here and Find Out

FUSE SCIENCE, INC (OTCMKTS:DROP) recorded a fall of -4.76% and was in a range of $0.10-$0.11 before closing at $0.100. The share price hit its 52-week low of $0.08 and $0.37 was the best price. The stock completed the day with a total volume of 1.16 million shares versus an average volume of 2.34 million shares. Fuse Science, Inc. (DROP), (www.fusescience.com) a consumer products and delivery technology company that is developing new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals is pleased to announce their Round II Research results have shown their proprietary delivery technology has successfully delivered therapeutic doses of varying-size compounds directly through the epidermis.

Will DROP Get Buyers Even After The Recent Rally? Find Out Here

Federal National Mortgage Association (OTCBB:FNMA) declined -16.85% yesterday, bringing its market capitalization around $2.62 billion. The total number of shares changed hands during the session was 101.76 million shares as compared to average trading volume of 77.27 million shares. The share price after opening at $1.81 made a high of $1.82 and hovered above $1.45 to end the day at $1.53. Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support services in the secondary mortgage market in the United States. The company securitizes mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS).

Will FNMA Bounce Back After yesterday’s Sharp Sell off? Find Out Here

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