Dallas, TX 5/30/2012 10:55:15 PM
News / Finance

ELEV, ZGNX, FCEL are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: ELEV, ZGNX, FCEL

Elevate, Inc. (OTCBB:ELEV) reached up 115.79% in morning trading to $.41 with 250K shares traded. Elevate provides data, voice, video, mobile and security solutions in 22 major markets through a network of independent Certifiable Geniuses. Elevate, Inc. (ELEV.OB), today reported a 42% growth in daily sales volume for the two weeks following the May 15th launch of its 2012 door program. The company also posted a record sales week, beating the previous week (in November of 2011) by 23%.

Zogenix Inc. (Nasdaq:ZGNX) reached up 10.06% in morning trading to $1.75 with 120K shares traded. Zogenix, Inc., with offices in San Diego and Emeryville, California, is a pharmaceutical company commercializing and developing products for the treatment of central nervous system disorders and pain. Zogenix Inc. (Nasdaq:ZGNX ) today announced that it has submitted an investigational new drug (IND) application to the U.S. Food & Drug Administration (FDA) for Relday(TM), which is a combination of Zogenix's DosePro(R) needle-free, subcutaneous drug delivery system plus a proprietary, subcutaneous once-monthly formulation of risperidone for treating schizophrenia.

FuelCell Energy, Inc. (Nasdaq:FCEL) reached up 11.49% in morning trading to $1.24 with 2M shares traded. Based in Danbury, CT (USA), FuelCell Energy manufactures ultra-clean stationary fuel cell power plants that generate electricity with up to twice the efficiency of conventional fossil fuel plants – and with virtually no air pollution. FuelCell Energy, Inc. (Nasdaq:FCEL) today announced growing demand in Asia for stationary fuel cell power plants, including an initiative by Seoul City, South Korea to install 230 megawatts (MW) of fuel cells and separately, the development of a 60 MW fuel cell park, which will be the largest fuel cell installation in the world.

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