GTA, RMBS, TSTR – Top Growth Stocks

Top Growth Stock Alerts by Penny Stock Pick Report. If you are planning to invest into Bank Stocks to any other Top Growth Stocks then do subscribe to FREE STOCK ALERTS by http://www.pennystockpickreport.com/

Golf Trust of America, Inc. (AMEX:GTA) jumped 9.97% or $1.10 to $12.02 on over 9.30 million shares after Golf Trust of America, Inc. today announced an agreement and plan of merger with Pernix Therapeutics, Inc., to create a publicly-traded specialty pharmaceutical company that the parties believe will be well-positioned for continued profitable growth as Pernix expands its geographic operations and product portfolio of commercially-established pediatric and other branded products. Under the terms of the agreement, Pernix`s stockholders will receive 41.8 million shares of Golf Trust common stock, representing approximately 84% of the combined company on a fully diluted basis. Golf Trust shareholders will own approximately 16% of the new company.

Rambus Inc. (NASDAQ:RMBS) was an active mover of the day. The stock started the day with a small gain , closed up 14.25% at $4.97 on very unusual volume of 2.07 million shares after BWS Financial commented on Rambus  today that the company received favorable news from Judge Richard Kramer on October 6, 2009. The judge made a preliminary ruling against a motion from the defendant, Samsung Electronics, who was trying to block the use of prior guilty pleas made with the Department of Justice.The stock has a 52-week range of $1.05 to $5.10.The stock has given a return of over 14% in last six months of trade to its investors .

TerreStar Corporation (NASDAQ:TSTR) surged 18.45% or $0.31 to close at $1.99 on a massive volume of 85K shares on no news. The stock touched an intraday high and low of $2.43 and $1.75 respectively. So far the stock has jumped up over 87% in last six months of trade. TerreStar Corporation, formerly Motient Corporation, is in the integrated satellite wireless communications business through its ownership of TerreStar Networks and TerreStar Global. TerreStar Networks is the Company’s principal operating entity.

ABOUT PennyStockPickReport

www.pennystockpickreport.com is one of the leading stock web site that provides free stock alerts and tracks small cap penny stocks that could be on the brink of a massive breakout.  If you wish to get your company featured on our website then please contact us at info @PennyStockPickReport

Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.