Find out what could be the best investor’s move when it comes to DRYS by getting the complete report here, or by cutting and pasting the following link in your Web browser:
At close of the market on Jan. 24, DRYS share price closed at $3.38, down 39 cents from $3.77 a share the previous day.
Dynavax Technologies Corp. (NASDAQ: DVAX), a biopharmaceutical company developing new drugs to prevent and treat infectious diseases, is another penny stock with volume shooting through the Van Allen Belt.
At the close of the market Jan. 24, the Berkeley, Calif.-based company traded 5,780,919 shares, which is slightly higher than its three-month daily average of 5,180,196.
Dynavax’s volume could be riding the tidal wave of positive PR its clinically-developed Heplisa has been generating lately. This is a hepatitis B vaccine that although rejected by the FDA earlier this year because it didn’t have enough data to determine its safety, is considered superior to present vaccines and is currently being reviewed for possible European approval. Moreover, Dynavax has not given up on FDA approval and is launching a new late-stage trial of Heplisa, which it hopes to complete in 2015.
On Jan. 24, DVAX share price closed at $ 1.86, down 8 cents from $1.94 the previous day.
Find out what could be the best investor’s move when it comes to ZNGA by getting the complete report here, or by cutting and pasting the following link in your Web browser:
Find out what could be the best investor’s move when it comes to FCEL by getting the complete report here, or by cutting and pasting the following link in your Web browser:
FuelCell’s public offering comes only a few weeks after it announced the completion of its 14.9 megawatt fuel-cell park on schedule for Dominion. The project is located on a remediated brownfield site in an industrial area of Bridgeport, Conn., using only about 1.5 acres of land to provide the renewable power.
Renewable energy slow to yield profits
While both these events are positive news for FuelCell, the unpleasant reality that’s being ignored in their releases is the fact that renewable energy companies have barely broke even, never mind turn significant profits. The fuel-cell industry’s total gross sales in 2012 were $120.6 million, while its costs were 120.2 million, according to the Dept. of Energy.
On Jan. 24, FCEL share price closed at $1.40, down 6 cents under its closing price of $1.46 the previous day.
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