Is It Time To “Abandon Ship” and Ditch Sunesis Pharmaceuticals, Inc.(NASDAQ:SNSS), PhotoMedex Inc(NASDAQ:PHMD), and Creative Edge Nutrition Inc(OTCMKTS:FITX)?
New York, NY – GDP INSIDER – 11/06/2014.
This article discusses three companies: Sunesis Pharmaceuticals, Inc.(NASDAQ:SNSS), PhotoMedex Inc(NASDAQ:PHMD), and Creative Edge Nutrition Inc(OTCMKTS:FITX)
Sunesis Pharmaceuticals, Inc.(NASDAQ:SNSS) announced yesterday that its CEO, Daniel Swisher, will be presenting at the Credit Suisse Annual Healthcare Conference in Phoenix, AZ on Nov. 12th, 2014 and the Stifel Healthcare Conference on Nov. 18th, 2014 in New York City. The company has traded within a range of $1.00 to $8.45 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $1.70. In other words, Sunesis’s trading price is clearly on the decline.
PhotoMedex Inc(NASDAQ:PHMD) had a bid price of $2.95 x 100 and an offer price of $5.07 x 300 on Nov. 5th, 2014, figures which suggest the company’s value may soon fluctuate. PhotoMedex will be releasing its third quarter financial results on Nov. 6th, 2014. The company, like Sunesis, has also seen its trading price decline. While PhotoMedix Inc. has traded within a range of $2.52 to $16.82 over the past 52 weeks, the company finished yesterday’s trading at a closing price of $3.30.
Creative Edge Nutrition Inc(OTCMKTS:FITX) is a Michigan-based nutritional supplement company that develops and sells nutraceuticals and health supplements, including its HYPER INFUSION and AMINO PLEX products. The company released its Health Canada Pre-License inspection report on Oct. 30th, 2014. Creative Edge Nutrition has also seen its trading price decline recently, finishing yesterday’s trading at a price of $0.0289 after trading within a range of $0.00 to $0.11 over the past 52 weeks.
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