Lakeway, TX -- (SBWIRE) -- 02/25/2013 -- 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:-
Carrizo Oil & Gas (CRZO +3.5%) announces 2012 U.S. proved reserves of 115.1M boe, including record proved oil reserves of 39.1M bbls (up 58% Y/Y) and record PV-10 proved reserves value of $1.4B (up 64% Y/Y), and record 2012 production of 9.4M boe (up 26% Y/Y), including Q4 production above guidance for both oil and gas. Successfully replaced 303% of 2012 output.
Is CRZO after A Solid Pop Up? Find Out Here
Atossa Genetics (ATOS -2.7%) slips today after saying it's received a warning letter from the FDA saying the company needs to reapply for additional regulatory clearance for certain breast cancer diagnostic tests due to changes in use instructions on the product labels and concerns about marketing and manufacturing practices. The company says it disagrees with the findings, but it plans to work with the FDA to resolve all issues.
How Should Investors Trade ATOS After The recent Earnings Report? Find Out Here
An upgrade to Strong Buy from Raymond James is helping WebMD (WBMD +5.2%) add to Friday's big post-earnings gains. RJ argues business model changes, higher spending plans from pharmas (presumably for online ads), and social media integration will drive shares higher.
Why Should Investors Consider Buying WBMD Now? Find Out Here
Shares of beaten-down Venaxis (APPY +18.2%) are soaring today after Canaccord upgraded the stock to Buy and nearly tripled its price target to $7.00 from $2.50. The firm says that APPY's pursuit of a blood test to identify those at low risk for appendicitis is compelling, considering that appendicitis is the most-common non-traumatic childhood surgical disease. FDA approval could come before mid-2014 and the U.S. market alone could be nearly $700M.
Is APPY Still a Buy After The Recent momentum? Find Out Here
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