CTI BioPharma Corp(CTIC), Gevo Inc(GEVO) and Cliffs Natural Resources Inc(CLF) Getting Mixed Reviews But Are Any Of Them Worth Considering?

Posted by Saimoon March 10, 2015 0 Comment 1125 views


New York, NY – GDP INSIDER  –  03/10/2015.

This article discusses three companies: CTI BioPharma Corp(NASDAQ:CTIC), Gevo Inc(NASDAQ:GEVO) and Cliffs Natural Resources Inc(NYSE:CLF)

CTI BioPharma Corp(NASDAQ:CTIC) closed up 6.42% or $0.17 yesterday at $2.82 on very heavy trading of 30.482 million shares, compared to its three month average of 2.018 million. The rally started after the cancer research and development company announced positive results from its phase III study on its Myelofibrosis treatment Pacritinib. This news has pushed CTI BioPharma Corp out of its three month trading range of $2.17 to $2.44 and increased its RSI to 72.26 indicating that the stock may correct downwards in the near term making it a hold for now.

Can CTI BioPharma Corp Manage To Sustain The Gains? Click Here For Free CTIC Analysis.

Gevo, Inc.(NASDAQ:GEVO) woke up today with the stock jumping from Friday’s close of $0.25 to $0.32 at the start of trading yesterday, before falling back to finish up 12.68% or $0.0315 at $0.28 on exceptional trading volume with more than 18.111 million shares changing hands. This was a reaction to the news that the National Aeronautics and Space Administration (NASA) had agreed to purchase Gevo Inc’s renewable alcohol-to-jet fuel for its Glenn Research Facility in Cleveland. If Gevo Inc can capitalize on this high profile sale, the stock could gain more in the medium term.

Will Gevo, Inc Keep Surging? Click Here For Free GEVO Analysis And See If Gevo Inc Can Propel Its Value Into Orbit.

Cliffs Natural Resources Inc(NYSE:CLF) dropped 7.66% or $0.48 to close yesterday at $5.79 on above average trading of 12.083 million shares compared to its average volume of 8.878 million. The decline started after the international iron ore exploration and production firm received several analyst warnings about the impending collapse of iron ore prices and concerns that Cliff Natural Resources Inc may violate its debt covenants later this year. The stock has also been severely underperforming the S&P 500 the last 52 weeks down 68.98% compared to a 10.72% increase in the index, making it a strong sell.

Can Cliffs Natural Resources Inc Avoid Falling Off The Precipice? Get Free CLF Analysis Here.

About UltimateStockAlerts

UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.

UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.

Disclosure:  UltimateStockAlerts is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.


Write Your Comment