Bookmark and Share

Micro-Caps on the Move; Titan Pharmaceuticals Inc. (TTNP), Cereplast Inc. (CERP), Lescarden Inc. (LCAR)

Shares of Titan Pharmaceuticals Inc. (OTC: TTNP), a biopharmaceutical company engaged in the development of proprietary therapeutics primarily for the treatment of central nervous system disorders in the U.S., are climbing in trading today. At last check, TTNP shares were trading 5.71% higher at $1.85 on volume of 422,703. The stock hit an intra-day high of $1.87 earlier today.

TTNP on Monday announced that it will release its financial results for the fourth quarter and full year ended December 31, 2012 on March 18, 2013. The company will also host a live conference call.

Shares of Cereplast Inc. (PINK: CERP), a company engaged in the development and commercialization of bio-based resins, are soaring in trading today. At last check, CERP shares were trading 6.06% higher at $0.0350 on volume of 7.02 million. The stock hit an intra-day high of $0.04 earlier today. CERP shares have gained more than 16% in the last three trading sessions.

CERP shares are surging after the company announced that the United States Patent and Trademark Office (USPTO) granted it patent protection for biodegradable nanopolymer compositions and biodegradable articles made thereof.

Frederic Scheer, Chairman and CEO of Cereplast, noted that protecting the intellectual property of the company is a high priority and is an important part of its long-term growth strategy as is creating new grades of bioplastic resin that expand the properties available to meet the ever-growing needs of the marketplace.

Shares of Lescarden Inc. (PINK: LCAR), a company engaged in the research, testing, and development of proprietary biologic materials for wound healing, clinical skin care, osteoarthritis, and cancer applications, have skyrocketed in trading today.

At last check, LCAR shares were trading 71.43% higher at $0.0600 on above average volume of 1.41 million. The stock hit an intra-day high of $0.10 earlier today. Despite the huge rally today, LCAR shares have fallen 25% in the last three trading sessions.

 


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.