TapeBeat's  Instablog

Send Message
Philip Runfeld single-handedly founded and operated companies grossing nearly a million dollars a year, prior to becoming a sought after business consultant to some of the country’s leading Fortune 500 companies, such as Disney, Marriott International and DuPont Chemical. Certified by the U.S.... More
My company:
  • The Lucky Gainers For This Thursday  0 comments
    Apr 8, 2010 3:48 PM | about stocks: GETA

    Andes Gold Corp. (OTC:AGCZ) has jumped in the price by gaining 0.05 cents or 156% in the mid-day. The jump was based on the news that "Gold Summary Production Up 85%."

    Quoting the press release from the Andes Gold Corp, "The company is pleased to announce that its production numbers are up over the January and February production period with year over year sales topping $1.13 million USD to the end of February 2010."

    "The company's focus has been to build from our solid base operation at the Miranda mine and grow in a logical well planned direction; the new acquisitions of the Confraternidad Concession for a 5% stake along with the recently acquired Roman Mine are important steps for our long term future growth," stated Alex Diaz, President of Andes Gold. "As a company we believe that these two recent acquisitions add good value and is a very-good confirmation that as we ramp up production Andes Gold has a bright future for our present and future shareholders."

    Source: http://money.cnn.com/news/newsfeeds/articles/marketwire/0605462.htm


    Radient Pharmaceuticals Corporation (AMEX:RPC) jumped and gained over 100% on the news that "it has signed an exclusive five-year sales, marketing, and distribution agreement with Jaiva Technologies, Inc., a US multinational biotechnology company, and its affiliate, Gaur Diagno (New Delhi), collectively referred to as (JTGD). Under the terms of the agreement, JTGD has the exclusive rights to distribute RPC's Onko-Sure in vitro diagnostic cancer test in the country of India and is responsible for product sales, marketing, and governmental regulatory in the territory."

    The surprise news have rocketed the stock, making it the most highest gainer in just one day.

    Source: http://www.reuters.com/finance/stocks/keyDevelopments?rpc=66&symbol=RPC&timestamp=20100408143400

    Genta Incorporated
    On April 6, 2010, Genta (OTC:GETA) had received "Fast Track Designation by FDA for Advanced Gastric Cancer" the stock rose dramatically on the news. The story has spread and the same situation continued the next day, April 7, 2010 since the stock is very appealing as the shares rose higher. Today, April 8, 2010, however, the move is based on a PR from The Market Financial, again noticing the public regarding the aspects of GETA. The shares are up today by 50%.


    Disclosure: No Positions
    Stocks: GETA
Back To TapeBeat's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.