Lakeway, TX -- (SBWIRE) -- 02/20/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Shares of Oncolytics Biotech (ONCY -13.8%) tank on resumption of trading after pricing its 8M share offering at $4, a 14% discount to Tuesday's close. The drug developer's shares were halted in premarket trading as the company disclosed the details. The company, which had had about 76.8M shares outstanding before today, unveiled the offering yesterday to raise funds for its clinical-trials and manufacturing programs.
How Should Investors Trade ONCY After The Recent Movement? Find Out Here
Diana Shipping (DSX +0.8%) announces a new time charter with Glencore Grain which will begin at the end of the month. The gross charter rate is $10.9K per day for a period of 18 to 24 months.
Is DSX Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here
SodaStream's (SODA -3.8%) earnings call: 1) The mix between consumables and soda makers should remain roughly the same, indicating margins due to mix should remain roughly level. 2) Household penetration in the U.S. close to 0.9%. 3) Refrigerators with SodaStream-capability embedded will migrate from high-end machines to mass market products over time. 4) Gross margins will continue to feel pressure due to external sub-contracting this year. 5) Execs say they saw a lift from the Super Bowl ad which could impact Q1 results and beyond.
Is SODA a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here
Anadarko's (APC -1.3%) 2013 production forecast of 5% growth falls at the low end of its longer-term expectations for 5%-7% annual growth, reflecting an oversupplied natural gas liquids market and weather disruptions. Production could be higher if the ethane market recovers, CEO Al Walker says. APC also expects $7.2B-$7.6B in 2013 capex, a similar amount to its spending last year.
How Should Investors Trade APC After The Latest Earnings Report? Find Out Here
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