Traders Recap: American Apparel, Diana Containerships, Opexa Therapeutics

Lakeway, TX -- (SBWIRE) -- 03/11/2013 -- 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:-

American Apparel Inc. (NYSEAMEX:APP) shares fell 6.02% and closed at $1.72 in the last trading session. The company, on Mar. 7, announced preliminary sales for the month ended February 28, 2013, and reported that comparable sales increased 6%, including a 3% increase in comparable store sales for its retail store channel and a 28% increase in net sales for its online channel. Wholesale net sales decreased 2% for the month of February primarily due to one less wholesale shipping day in 2013 (February 2012 had 29 days).

Additionally, the company, on Mar. 5, posted fourth-quarter net income of $4.90 million or $0.04 per share, compared to net loss of $11.16 million or $0.11 per share for the year-ago quarter. Net sales for the fourth quarter grew 10 percent to $173.03 million from $157.58 million in the prior-year period.

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

Diana Containerships Inc (NASDAQ:DCIX) shares dropped 7.02% and closed at $5.56 in the last trading session. The company said it will begin trading ex-dividend on March 01, 2013. A cash dividend payment of $0.3 per share is scheduled to be paid on March 21, 2013. Shareholders who purchased DCIX stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DCIX has paid the same dividend.

Additionally, the company, on Mar. 4, announced that it has extended the present time charter contract with A.P. Møller-Maersk A/S, for its Panamax container vessel, the m/v Sagitta. The gross charter rate is US$7,250 per day, minus a 1.25% commission paid to third parties, for a period of minimum seven (7) months to maximum eleven (11) months. This charter is a direct continuation of the present agreement and will commence on March 15, 2013.

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Opexa Therapeutics Inc. (NASDAQ:OPXA) shares fell 5.26% to $1.80. The company, on Feb. 27, said it received written communication from Nasdaq giving the company until May to become compliant with listing regulations. The company received notification from Nasdaq Listing Qualifications Staff in November that its stockholders equity of $2.3 million reported for the period ended Sept. 30 was below the required $2.5 million. Nasdaq gave Opexa until Jan. 10 to meet the equity requirement, but the company filed for an extension.

Additionally, the company, on Feb. 7, priced an offering of shares of its common stock and warrants to purchase common stock in a private registered offering of 1,083,334 units at a price of $3.00 per unit, for gross proceeds of $3.25M. Each unit consists of one share of common stock and a warrant to purchase one-half (0.50) of a share of common stock.

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