Active Penny Stocks to Watch for March 8

penny stocksThe markets rebounded today on the back of positive payroll data. The ADP report came out saying there was an increase of over 260l jobs in February. What the translates to the unemployment rate will be revealed on Friday. The rally domestically is having a carryover effect in Asia. Asian markets are all advancing on the back of the US rally along with optimism over the Greek debt-swap. It remains to be seen if this will give the markets some clear direction in which way to head.

Penny Stocks to Watch

Discovery Laboratories, Inc. (NASDAQ:DSCO) closed the day up 8.80% today at $4.08. DSCO traded 25.8 million shares today, well above its daily average of about 1 million shares. DSCO shares rallied today after the company’s drug, Surfaxin, was approved by the FDA. The company has a market cap of 99.96 million. [Read more...]

Penny Stocks on the Move – BFLX, IRYS, VRML, XOMA, ALIM

penny stocks
The market is taking it on the chin this morning. News out out of China and Europe is rattling the market. The past few weeks, the drifting of the market has set up days like this. With no direction higher, gravity inevitably takes over. We are seeing that today with the Dow shedding 150 points. Penny stock volatility of course remains the same with a new pump and a new promoter entering the fray with a spectacular failure. [Read more...]

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