Stocks to Consider: StemCells Inc(NASDAQ:STEM), Cincinnati Bell Inc.(NYSE:CBB), and CytRx Corporation(NASDAQ:CYTR)
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StemCells Inc(NASDAQ:STEM) gained one cent to move to a closing price of $1.31. The minuscule increase in value places the stock sixteen cents above its 52 week low of $1.15. To contrast, StemCells Inc(NASDAQ:STEM) is currently situated $1.21 below its 52 week high of $2.43. The California-based company, which researches and develops stem cell therapeutics, has a market capitalization of $89.23 million and 68.64 million tradeable shares. StemCells has a bid price of $1.21 x 1,000 and an offer price of $1.32 x 7,600.
Cincinnati Bell Inc.(NYSE:CBB) rose two cents to finish the day at a closing price of $3.69. The Ohio-based company, which offers wireless cell phone, Internet, and cable television services, currently has a bid price of $3.69 x 19,500 and an offer price of $3.91 x 1,000. Cincinnati Bell Inc.(NYSE:CBB) had a trading volume of 454,921 yesterday, a figure which is 273,158 lower than the company’s three month average volume of 728,079. The company has reached an agreement to sell its wireless spectrum to Verizon Wireless.
CytRx Corporation(NASDAQ:CYTR) maintained its previous closing price of $2.75 yesterday. The stock traded within a range of $2.71 to $2.97 during the day after opening at a price of $2.85, indicating that the company’s closing price mark is somewhat disappointing given its trading activity. That being said, CytRx Corporation(NASDAQ:CYTR) did gained three cents during after-hours trading. The company, which has a market capitalization of $153.31 million and 55.75 million tradeable shares, has a bid price of $2.74 x 2,000 and an offer price of $2.78 x 1,900.
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I have alerted companies that rallied 100% or even 6,000% (not even joking) in under a week. Likewise, I have alerted companies that tanked 10, 20, sometimes even as much as 30 or 40%. However overall it is about the net result that delivers profits into your portfolio.
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