Bookmark and Share

Micro-Caps in Focus; Freddie Mac (FMCC), Generex Biotechnology Corp. (GNBT), Chimera Energy Corp. (CHMR)

Shares of Freddie Mac (OTC: FMCC), a government-sponsored enterprise conducting business in the U.S. residential mortgage market and the worldwide securities market, surged in trading today.

FMCC shares ended the day 7.14% higher at $0.255 on above average volume of 3.96 million. The stock touched an intra-day high of $0.26. FMCC shares have gained more than 10% in the last three trading sessions.

Shares of Generex Biotechnology Corp. (OTC: GNBT), a development stage company engaged in the research and development of drug delivery systems and technologies, soared in trading today.

GNBT shares ended the day 16.42% higher at $0.0780 on above average volume of 3.95 million. The stock touched an intra-day high of $0.08 in trading today. GNBT shares have gained more than 11% in the last three trading sessions.

GNBT shares surged in trading today after the company announced presentation of early results from an efficacy study of an immunotherapeutic in triple negative breast cancer patients. The company said that it will present the results on Friday, September 14 at the 2012 Breast Cancer Symposium organized by the American Society of Clinical Oncology (ASCO), which is being held in San Francisco. The immunotherapeutic is being developed by GNBT’s wholly-owned subsidiary, Antigen Express Inc.

Shares of Chimera Energy Corp. (OTC: CHMR), a supplier of equipment and components used in the exploration and production of oil and gas, rose in trading today.

CHMR shares ended the day 1.30% higher at $0.600 on above average volume of 1.22 million. The stock touched an intra-day high of $0.66. CHMR shares have fallen more than 16% in the last three trading sessions.

CHMR shares gained today after the company announced that its consultant Weis S.A. engaged Alta Maquiaria SA de CV in Poza Rica for final fabrications and assembly of the main equipment to be used for Non-Hydraulic Shale Oil Extraction at the Chicontepic Basin in Mexico.

 


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.