Microcap Stocks Buzz: Meru Networks, MediciNova, FX Energy, Affymax

Lakeway, TX -- (SBWIRE) -- 02/27/2013 -- 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:-

Meru Networks, Inc.(NASDAQ:MERU) added 9.76% and is trading at $4.50. Meru Networks, Inc. (Meru) provides a virtualized wireless local area network (LAN) solution. The Company enables enterprises to migrate their applications from wired networks to wireless networks, and become what it refers to as All-Wireless Enterprises.

How Should Investors Trade MERU After The Recent Movement? Find Out Here

MediciNova, Inc.(NASDAQ:MNOV) is higher 9.06% and is trading at $3.25. MediciNova, Inc. is a development-stage biopharmaceutical company focused on acquiring and developing small molecule therapeutics for the treatment of serious diseases with unmet medical needs with a focus on the United States market.

Is MNOV Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

FX Energy, Inc.(NASDAQ:FXEN) fell 9.06% and is trading at $3.25. MediciNova, Inc. is a development-stage biopharmaceutical company focused on acquiring and developing small molecule therapeutics for the treatment of serious diseases with unmet medical needs with a focus on the United States market.

Is FXEN a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Affymax, Inc.(NASDAQ:AFFY) is higher 5.93% and is trading at $2.68. Affymax, Inc. is a biopharmaceutical company engaged in developing drugs to improve the treatment of serious and often life-threatening conditions. Its product candidate, peginesatide, is for the treatment of anemia in chronic kidney disease patients on dialysis.

How Should Investors Trade AFFY After The Latest Earnings Report? Find Out Here

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