Trader Concepts Snapshot : HOTT, NAV, FREE, IMMR

New York, NY -- (SBWIRE) -- 03/08/2013 -- Hot Topic Inc. (NASDAQ: HOTT) related to the proposed acquisition of the Company by Sycamore Partners. The transaction is valued at approximately $600 million or $14 per share.

This investigation concerns whether the Board of Directors of Hot Topic breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has skyrocketed from $5.11 on March 18, 2011 to $11.35 on February 20, 2013. Further, at least one analyst has set a target price of the Company’s stock at $16.40.

How Should Investors React To HOTT Now? Find Out Here

Navistar International Corp. (NYSE:NAV) reported a first quarter loss from continuing operations of $1.42 per share Thursday morning, compared to the loss of $2.06 per share last year. The consensus estimate was for a loss of $1.76.The company also announced that its Board of Directors has appointed Troy Clarke as president and chief executive officer, effective April 15.Navistar International gapped open sharply higher Thursday and is now up 4.69 at $29.65 on above average volume. The stock has climbed to an 8-month high.

Click here to receive FREE breaking news email alerts for Navistar International Corp.

FreeSeas Inc. (NASDAQ:FREE) a drybulk shipping company that through its subsidiaries, engages in the transportation of drybulk cargoes is currently up (+17.42%) on 1,788,593 shares traded. FreeSeas Inc. (NASDAQ:FREE) is currently up (+258.33%) from its recent 52-week low which has prompted Growing Stock Report to add the stock to their NASDAQ Gainers Watch List.

Click Here to find out what other Investors are saying about FreeSeas Inc. (NASDAQ:FREE)

Immersion Corporation (NASDAQ:IMMR) a company that develops, manufactures, licenses, and supports a range of hardware and software technologies and products that enhance digital devices with touch interaction is currently up (+37.64%) on 1,136,982 shares traded after Immersion Enters Into Multi-Year License with Samsung. Immersion Corporation (NASDAQ:IMMR) is currently up (+114.7%) from its recent 52-week low which has prompted Growing Stock Report to add the stock to their NASDAQ Gainers Watch List.

Click Here to find out what other Investors are saying about Immersion Corporation (NASDAQ:IMMR)

DISCLAIMER
Neither PennyStocksUpdate.biz nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by PennyStocksUpdate.biz, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation.PennyStocksUpdate.biz makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through PennyStocksUpdate.biz. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned here in..

Contact:
PennyStocksUpdate.biz
info@pennystocksupdate.biz