PennyStocks101 Reports 3 TOP Stocks to Watch Closely: Telik, Dendreon Corp., and Velti Plc

Beverly Hills, CA -- (SBWIRE) -- 01/11/2013 -- http://www.PennyStocks101.com - The US leader in microcap breakouts, offers a high quality stocks alert newsletter to investors looking for the best breakout stocks around. PennyStocks101 reports 3 penny stocks to keep an eye on for a possible bounce or more gains: TELK, DNDN, and VELT

The market pulled back from its 5 year high on Friday trading mixed with the S&P 500 falling two points to 1,470 as of 1:18 p.m. Eastern. It closed at 1,472 Thursday, its highest level since December 2007. The Dow Jones industrial average rose fell a point to 13,470. The Nasdaq composite index dropped two points to 3,119.

1. Telik (NASDAQ:TELK) - Telik, Inc. is a biopharmaceutical company focused on the discovery and development of small-molecule biopharmaceuticals for itself and its partners.

2. Dendreon Corp. (NASDAQ:DNDN) - Dendreon Corporation discovers and develops immunologically based therapeutic products for the treatment of cancer.

3. Velti Plc (NASDAQ:VELT) - Velti plc provides marketing and advertising technology that enable brands, advertising agencies, mobile operators and media companies to implement targeted, interactive and measurable campaigns via mobile devices.

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