New York, NY -- (SBWIRE) -- 12/14/2013 -- CaddyStocks.com is keen to discover penny stocks with the potential to make short and long-term gains. We’ve been improving our skills as traders and analysts for years, and we know – from experience – which indicators to look for. That’s why we’ve been able to choice some of the market’s biggest winners and send them to our followers before the rest of the market has any idea of what hit them. Here are some hot stocks to watch for: Mindspeed Technologies, Inc.(NASDAQ:MSPD), Genco Shipping & Trading Limited(NYSE:GNK), Baltic Trading Ltd(NYSE:BALT), Idera Pharmaceuticals Inc(NASDAQ:IDRA).
Mindspeed Technologies, Inc.(NASDAQ:MSPD) opened its shares at the price of $5.03 for the day. Its closing price was $5.03 after losing -0.20% for the day. The company traded with the total volume of 2.46 million shares, while its average trading volume remained 2.20 million shares. The beta of MSPD stands at 1.91. Mindspeed Technologies, Inc. (Mindspeed) designs, develops and sells semiconductor solutions for communications applications in the wireline and wireless network infrastructure, which includes enterprise networks, broadband access networks (fixed and mobile), and metropolitan and wide area networks (WAN).
Has MSPD Found The Bottom and Ready To Move Up? Find Out Here
Genco Shipping & Trading Limited(NYSE:GNK) percentage change plunged -0.52% to close at $1.93 with the total traded volume of 2.41 million shares, and average volume of 1.98 million. The 52 week range of the stock remained $1.12 - $4.98, while its day lowest price was $1.85 and it hit its day highest price at $1.99. Genco Shipping & Trading Limited (GS&T) transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels.
Has GNK Found The Bottom And Ready To Gain Momentum? Find Out Here
Baltic Trading Ltd(NYSE:BALT) started its trading session with the price of $5.44 and closed at $5.64 by scoring +3.30%. BALT stocks traded with total volume of 2.41 million shares, while the average trading volume remained 947,084 shares. The beta of BALT stands at 0.76. Day range of the stock was $5.38 -$5.75. Baltic Trading Limited conducts shipping business focused on the drybulk industry spot market. The Company was formed by Genco Shipping & Trading Limited (Genco), an international drybulk shipping company.
For How Long BALT Gloss will Attract Investors? Find out via this report
Idera Pharmaceuticals Inc(NASDAQ:IDRA) ended its day with the loss of -5.50% and closed at the price of $3.09 after opening at $3.32. Stock traded during its last trading session with the total volume of 2.31 million shares, as compared to its average volume of 1.18 million shares. Idera Pharmaceuticals, Inc. is a clinical-stage biotechnology company engaged in the discovery and development of novel synthetic deoxyribonucleic acid (DNA) - and ribonucleic acid (RNA) - based drug candidates.
Will IDRA Get Buyers Even After The Recent Rally? Find Out Here
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