Rebounding Stocks: Cardium Therapeutics Inc. (NYSEMKT:CXM), McEwen Mining Inc. (NYSE:MUX), L&L Energy, Inc. (NASDAQ:LLEN)

Posted by Ryan Mandell April 30, 2013 0 Comment 742 views

Northern, WI 04/30/2013 (GDPInsider) – Cardium Therapeutics Inc. (NYSEMKT:CXM) opened trading at $0.09 and is up 10.43% on volume of 1.13 million. CXM has a range of $0.08 and $0.09, having close previously at $0.09. The stock seen a gradual decline and the technical chart shows a slowly declining move northwards with a relative uptick in recent trading. The company announced today (April 30, 2013) that it will present a demonstration of Excellagen® its drug aimed regenerative wound management. This presentation will take place at the The Symposium on Advanced Wound Care and Wound Healing Society (SAWC/WHS) slated for May 1 – 5, 2013.

Is CXM a solid investment at these levels? Get exclusive data and trends here.

McEwen Mining Inc. (NYSE:MUX) started the day’s trading at $2.13 and is up 2.71% on volume of 2.01 million. The stock has a range of $2.10 and $2.25 and at these levels it is trading 54.86% below its 52-week high of $4.94 and 33.53% above its 52-week low of $1.67. The stock has a RSI of 49.05 indicating that it is neither oversold nor overbought at these levels. The stock is however trading down 110.09% on its 50-day simple moving average and also down a modest 0.60% on its 20-day simple moving average. Insiders own 34.33% of the shares and there are 215.34 million shares outstanding. EPS this year is expected to rise by 39.09% and analysts have set a target price of $5.11 for MUX

How Should Investors Trade MUX Now? Check out this exclusive report!

L&L Energy, Inc. (NASDAQ:LLEN) opened trading at $3.82 and is down 1.31% on volume of 1.34 million. The stock has a range of $3.41 and $3.96 and analysts have set a target price of $7.25. LLEN is trading 93.46% above its 50-day simple moving average and is also up 69.66% on its 20-day simple moving average. The stock is also trading up 1.31% on its 52-week high of $3.82 and up 197.68% on its 52-week low. LLEN has a market cap of $145.73 million and insiders own 17.37% of the stock. Institutions own 3.84% of the stock and their share of transactions is 15.81%. The technical chart for the stock shows a steep northward climb which has prevailed since April 2013.

How Should Investors Trade LLEN Now? Get exclusive insights and updates here.


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About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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