Conneticut 3/8/2013 11:19:16 PM
News / Stocks

Hot Winners - Affymax, Inc. (NASDAQ:AFFY), Hot Topic, Inc. (NASDAQ:HOTT), Navistar International, Ciena Corporation

universalpennystocks.com focus is on Hot Penny Stocks that trade on OTCBB and OTC markets, which are mostly referred to as “penny stocks”. These Penny Stocks could offer the greatest potential return on your short or long term investment. Sign up for our free newsletter before you miss the next alert.

Affymax, Inc. (NASDAQ:AFFY)shares surged the most ever in New York trading, about 10 days after the drugmaker recalled its anemia treatment Omontys for the reason that of reports three people had serious reactions to the medicine.

In the last trading session, Affymax, Inc. (NASDAQ:AFFY) reported the gain of +53.71% and closed at $3.52 with the overall traded volume of 45.36 million shares more than the average volume of 4.63 million. AFFY has marketcap of 130.83 million.

Hot Topic, Inc. (NASDAQ:HOTT) shares moved up after it declared its agreement with the Sycamore Partners. According to agreement, Sycamore Partners will attain Hot Topic for $14.00 per share in cash, or a total of approximately $600 million. The agreement, which has been consistently approved by Hot Topic’s Board of Directors, represents a premium of almost 30% over Hot Topic’s closing stock price on March 6, 2013.

In the last trading session, Hot Topic, Inc. (NASDAQ:HOTT) surged +29.02% to close at $13.87 and its total traded volume was 24.26 million shares. HOTT has earnings per share of $0.38.

Navistar International Corp (NYSE:NAV) shares jumped to an 8-month high after announcing quarterly results. It reported narrow loss of $1.42 per share as compared to the $2.06 per share in the same quarter of last year. The company also declared that its Board of Directors has appointed Troy Clarke as president and chief executive officer, effective April 15.

Navistar International Corp (NYSE:NAV) gained +27.76% and closed at $31.89 in the last trading session with the overall traded volume of 16.81 million shares more than the average volume of 1.80 million.

Ciena Corporation (NASDAQ:CIEN) moved up +17.34% to close at $17.53 and its total traded volume in the last trading session was 17.72 million shares. Its fifty two week range was $18.39-$11.44. The total market capitalization remained $1.78 billion.Ciena Corporation (Ciena) is a provider of communications networking equipment, software and services that support the transport, switching, aggregation and management of voice, video and data traffic.

                                                                                                                                                                               

Want to Learn How to Trade Penny Stocks? Click Here and Join Best Penny Stock Newsletter.

See More Updates on Our Blog: http://universalpennystocks.com/blog/index.php

About Universal Penny Stocks

universalpennystocks.com is an Independent Company, our focus is on small cap stocks that trade on OTCBB and OTC markets, and are mostly referred to as “penny stocks”. These are stocks that normally trade under $5 a share and could offer the greatest potential return on your short or long term investment. You must read our Disclaimer page for more information regarding conflicts of interest and the risks involved.

We try to spot stocks in all types of market conditions. In addition, we provide emerging small cap companies with profiling and investor relations services for compensation. If you believe your company is an emerging company, with a solid product, or a company that offers our members a profitable short or long term opportunity please feel free to send us an e-mail and we’ll review the company and reply to your inquiry promptly. Please provide as much information you believe we’ll need to review your request.