Stocks to Watch: The Men's Wearhouse, Seven Arts Entertainment, Glu Mobile, Finisar

Lakeway, TX -- (SBWIRE) -- 03/14/2013 -- 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:-

The Men's Wearhouse, Inc. (NYSE:MW) moved up 14.36% to $33.24 on a traded volume of 1.50 million shares. The Company said it has hired Jefferies & Co. to explore strategic alternatives for its K&G business. The unit, which sells discontinued name brand items and about 16% of the company's total fourth-quarter sales, saw a disappointing 5.7% drop in comparable sales.

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

Seven Arts Entertainment Inc. (PINK: SAPX) increased 1.79% to $0.0057 on a traded volume of 4.85 million shares. So far this year, the stock is down over 99%. The 52-week range for the stock is $0.00 and $17.37. Seven Arts Entertainment, Inc. is a motion picture production and distribution company engaged in developing, financing, producing and licensing theatrical motion pictures for exhibition in domestic and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.

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

Glu Mobile Inc. (NASDAQ:GLUU) went up 4.36% to $2.87 on a traded volume of 1.24 million shares. The Company announced that on March 12, 2013, its Compensation Committee awarded stock options to purchase an aggregate of 184,000 shares of Glu`s common stock to eight newly hired employees pursuant to Glu`s 2008 Equity Inducement Plan.

The Company announced the availability of the company's first real-money mobile gambling offering through Probability plc, the mobile entertainment gambling provider. The mobile slot game features intellectual property from Glu's popular Samurai vs. Zombies Defense and is made available to mobile real-money gamers in the UK through Probability's distribution network.

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

Finisar Corporation (NASDAQ:FNSR) increased 6.68% to $14.86 on a traded volume of 948 k shares. 3S PHOTONICS and Finisar Corporation announced their formal agreement to launch a partnership for the development of a new packaging platform for 980nm cooled laser pump modules. Under this agreement, 3S PHOTONICS will be the exclusive supplier of the 980nm laser chips used for this platform, and Finisar will implement a manufacturing line based on this platform in its newly expanded facilities in Wuxi, China.

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

About bestdamnpennystocks.com
Best Damn Penny Stocks’ team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.

Disclaimer
The assembled information disseminated by Bestdamnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Bestdamnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in Bestdamnpennystocks.com. PLEASE always do your own due diligence, and consult your financial advisor.