Stocks to Watch: Crosstex Energy, Zogenix, DCP Midstream Partners, Jaguar Mining Inc

Lakeway, TX -- (SBWIRE) -- 03/01/2013 -- 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:-

Crosstex Energy, L.P. (NASDAQ:XTEX) slipped 3.93% and closed at $16.87. The Company released fourth quarter results. The Partnership realized adjusted EBITDA of $51.7 million and distributable cash flow of $26.7 million for the fourth quarter of 2012 compared with adjusted EBITDA of $54.6 million and distributable cash flow of $31.7 million for the fourth quarter of 2011. The Partnership posted a net loss of $24.5 million for the fourth quarter of 2012 compared with a net loss of $1.4 million for the fourth quarter of 2011.

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

Zogenix, Inc. (NASDAQ:ZGNX) soared 10% and closed at $1.87 on a traded volume of 9.45 million shares. Zogenix, Inc. announced that it has been informed by the U.S. Food and Drug Administration that Zogenix is unlikely to receive an action letter for its New Drug Application for ZohydroTM ER by the Prescription Drug User Fee Act goal date of March 1, 2013. Under the performance goals set by the FDA under PDUFA, the agency can miss the prescribed goal date for approximately ten percent of the NDAs that are submitted each year and still meet the performance goals for review of priority and standard applications.

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

DCP Midstream Partners, LP (NYSE:DPM) declined 3.93% and closed at $40.63 on a traded volume of 1.38 million shares. The Company announced that it has priced an underwritten public offering of 11,000,000 common units representing limited partner interests at $40.63 per common unit. The offering is expected to close on March 6, 2013. The Partnership also granted the underwriters a 30-day option to purchase up to 1,650,000 additional common units.

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

Jaguar Mining Inc. (USA) (NYSE:JAG) slipped 4.44% and closed at $0.519 on a traded volume of 1.50 million shares. The 52-week range for the stock is $0.49 and $6.40. The Company has Price/Sales ratio of 0.24 and Price/Book ratio of 0.23. The 50-Day Moving Average and 200-Day Moving Average prices is $0.72 and $0.91 respectively.

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

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