SAFEBRAIN SYS INC. (OTCQB: SFBR) shares are among the top losers and slumped 18.50% to $0.11 after hitting a new low of $0.09 earlier in the session. The stock dipped despite the positive news that the company has entered into an exclusive relationship with Arizona State University's Division 1 Hockey program. Every player on the team has a Safebrain CIA Sensor on their helmet and is being monitored by staff. Shares of SFBR have fallen over 47% so far this year.
Find out when could be the best moment to trade SFBR by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SFBR
eLayaway, Inc.(OTCQB: ELAY) shares are hitting hard in Monday’s session, which may not surprise traders as the stock had solid week. The stock was up 72% in Wednesday’s session on heavy volume without any major news. This morning, the stock gapped down and lost 27% to $0.0055. From the financial prospective, the company lacks any efficient valuation call with $554K in net loss and $319 million in current liabilities. Looks like ELAY is another instance of pump and dump play in the penny stock market. It would be interesting to see if ELAY can recover after today’s correction. Volume is high so far for the session with more than 27 million shares have traded hands, compared to its average volume of 26 million shares.
Find out more about ELAY by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=ELAY
Evans & Sutherland Computer Corp. (OTCQB: ESCC) is another penny stock which must be catching attentions from penny stock traders as the stock has been riding higher on above average volume. At last check, the stock was up 266% to $0.10 on hefty volume of 2.29 million shares, compared to its 30-day average volume of just 96k shares. Well, there seems to be no reason for today’s rally in absence of any official news. In the latest quarter, Evans & Sutherland had revenue of $5.35 million with operating loss of $850K. The company had net loss of $1.07 million.
Find out if ESCC could maintain its bullish momentum by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=ESCC
Immunovative Inc. (OTCQB: IMUN) has won another patent entitled "METHOD FOR STIMULATING A THERAPEUTIC IMMUNE EFFECT IN A PATIENT," which was issued October 20, 2012, under Patent No. 8,298,587. Foreign versions of this patent are still pending around the world. The patent covers the company’s lead biological drug candidate called AlloStim™. Moreover, apart from the 12 issued patents, the company has been awaiting for several other patents for the same drug. AlloStim™ has already completed a 42 patient Phase I/II human trial in May 2010.Shares of IMUN are trading marginally down by 1% to $0.25 on over 1.80 million shares.
Find out more about IMUN by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=IMUN
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