Penny Stock GNBT Climbs in a Sellers Market and NEPH Holds Its Own

GNBT up 7% today and NEPH holds recent gains.

0 Comment(s) - Post a Comment

# / Rating : 0 / 0.00 - 1 : 2 : 3 : 4 : 5

Tuesday July 7, 2009 9:27 AM PDT

By Dennis Askew

Well someone has to go against the grain and Generex BioTech (GNBT) http://www.generex.com did just that at the open this morning picking up 7% in share value to boost it to $0.59 and produce a $108 million market cap. With 1,32 million shares traded (at the time of this article) and sitting between its 52-week high of $1.14 and its 52-week low of $0.08, GNBT, though down from a June spike, is holding its own and even advancing.

A 3-MONTH CHART ON GNBT

gnbt 1

In June, GNBT announced the development of a new vaccine technology that "could rapidly lead to safe, effective flu vaccines," according to a June 23, 2009 article in the Worcester, Massachusetts Telegram & Gazette. ""It's not a biological process; it's a chemical process," explained Douglas M. Powell, PhD, director of Immunobiology at Antigen Express. "It's not futuristic, it's here now."

I believe the new vaccine has investors fixed on 'holding' GNBT and even buying during the summertime dips. GNBT has developed a proprietary platform technology for the delivery of drugs into the human body by the lining of the inner mouth using the Company's proprietary RapidMist device. The Company's flagship product, an oral insulin called Generex Oral-lyn, is currently available for sale in India and Ecuador for the treatment of subjects with Type-1 and Type-2 diabetes and is in Phase III clinical trials in several countries around the world.

A ONE YEAR CHART ON GNBT

gnbt

Also holding its own, though giving back some today to the jittery type, is Nephros Inc., (NEPH) http://www.nephros.com/ trading on the Nasdaq in the $1.15 range with a current market cap of $43 million.

THE DJ US MEDICAL EQUIPMENT INDEX

dj

NEPH makes a very unique product and one that is very necessary in the medical equipment field. It July 2, 2009 announcement about FDA approval has sent the stock on the upward trend. The announcement was that NEPH's received 510k approval from the U.S. FDA to market its Dual Stage Ultrafilters (DSU) for in-line purification of dialysate water and bicarbonate solution was significant for the Company's market-share.

Here's why: Within the U.S., there are approximately 4,500 clinics providing over 50 million dialysis treatments to 350,000 patients annually. To perform dialysis, ultrapure water is crucial to the production of dialysate. Dialysis clinics have water purification systems; however, microbial contaminants can originate from the water treatment system, the water distribution loop, or the dialysate concentrates. The NEPH DSU filters particles down to the 0.005-micron level and addresses dialysate contaminants at crucial points.

The DSU filter can be used as the last step in the water purification process to ensure ultra pure water for dialysis procedures. That's a big deal to those 350,000 patients.

A ONE YEAR CHART ON NEPH

neph

 


Post a Comment
 

Title of the comment

Content of the comment

 
Bookmark and Share
 
Welcome! 
 

Interact and communicate with other savvy investors. Publish your own research and analysis, comment and rate other member articles of interest.

Discover and share the next big hidden gems!

Join Today! Creating a free account is simple and easy. Just go to the menu bar at the very top of this page and select "Join".

 
Why Become a Member? 
 
  • Connect, share and prosper from insightful analysis by experienced investors and traders.
  • Communicate, collaborate and exchange ideas on stocks and other market related topics.
  • Promote your knowledge and expertise and gain access to valuable SEO tools and functions.
  • Learn from investors and traders who have successfully navigated the markets for years.
  • Identify stocks and other investment ideas you never would have found elsewhere.
 
Whitelist Us 
 

Having Trouble Getting Our Email Newsletter?  Whitelist Us.

Click here for more info...

Wednesday October 28, 2009 4:35 PM GMT
If you’re a fan of trading the SPDR S&P 500 Fund (NYSE:SPY), or any index vehicle for that matter, you may want to put your bearish hat on. It’s no secret that the market’s been sinking for the last few days - we’ve seen plenty of ebb and flow since March. What traders may not [...]
Monday March 30, 2009 2:50 PM GMT
Wow. It’s not too often stocks lose a collective 3% within the first 5 minutes of trading. I suspected we were due for a nasty pullback (the kind of dip I forecasted on Thursday), and sure enough, here it is. The S&P 500 has now given up 4.8% from Thursday’s high. Is this enough to [...]
Thursday March 26, 2009 5:53 PM GMT
I hate to be a wet blanket here, but since nobody else seems willing to do it, I’ll put the task on my shoulders. So, here goes - despite the 22% bounce since March 9th, it’s not like the market is out of the woods yet. We still have some barriers to break through before [...]
Tuesday March 24, 2009 6:11 PM GMT
Yesterday’s gain was touted as being the best gain of the year. Fine, but that’s no big deal. The sellers have been relentless most of the year, so it wouldn’t necessarily be a great feat to be the biggest gain of the year (less than three months) so far. What I’m kind of baffled about [...]
 
SCN Newsletters 
 
Friday November 20, 2009 8:46 AM PST
Since we didn't have any new trades last week, we definitely want to add a couple this week to refill some of the ones we carved out a couple of weeks ago. As usual, we've got one bullish pick, and one bearish pick. Advance Auto Parts Inc. (AAP) - Bullish Surprised? Don't be. Advance Auto Parts Inc...
Friday November 13, 2009 9:15 AM PST
Assuming today's trading is uneventful and we don't make an unexpected move within the next few hours, we're probably going to end the session a little higher than Thursday's closing levels. And, that'll mean a decent 2.0% gain for the week. The situation is not nearly as bearish as the numbers would...
Friday November 6, 2009 9:43 AM PST
Though stocks slipped back into the red pretty quickly this morning after disappointing employment news was digested, the market should end the day with a decent gain for the week. I still have my doubts about this week's rally though. The buying volume was never all that strong, and we're still overbought...

This community is currently in beta and is constantly undergoing active development.  Please be patient as we strive to bring you a usable, full-featured community that you will enjoy.  If you should have any questions, problems, suggestions, feature requests, rants, and/or raves, please do not hesitate to let us know by writing us as : webmaster@smallcapnetwork.com.