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8/7 Notable Small Cap Movers

Big Gainers

MYOK +83% Up on study meeting primary and secondary endpoints.

FTFT +32% Up on good earnings. Is a nanocap Chinese fruit juice company.

ATV +31% A Chinese mail order catalogue company. Up on settled lawsuit with former directors.

NXTM +28% To be acquired.

ONDK +18% Up on better than expected revs/earns.

TCCO +18% Is a nanocap telecom company. No news explaining why it's up.

JP +18% China wealth management company. No news.

BITA +17% Chinese ADRs doing well today. No news.

EROS +14% Announced in talks to sell its content with Apple, Amazon, and Netflix.

YRD +13% No news. Had an earns beat a week ago.

PACB +11% On 8/2, annoucned Novogene will purchase 10 sequel systems. Earnings was weak.

Big Decliners

ZYNE -56% Trial missed primary target. Stock went higher the day before the results, just gamblers. Although the stock has drifted downward the past 2 weeks in anticipation of bad results. Could've probably been predicted since hte market cap was below $200M.

GEMP -47% Bad ph 2 trial data.

AFI -18% Bad earns.

IPI -16% Overbought, down on a sell dg from UBS. Stock opened at $3.50, sold off and reached LOD at the close. Could've shorted at any point during hte day, and cover at the close.

AMRS -14% Down on stock offering.

FLDM -14% Bad earns.

III -14% Bad earns. 

BCRX -13% Bad earns.

TEAR -13% A nanocap diagnostic company. No news.

BAS -11% Down on ATM offering.