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http://www.otcpicks.com today to join this growing community.Our Stocks to Watch today include CelebDirect Inc. (OTC: CELI), OncoGenex Pharmaceuticals Inc. (Nasdaq: OGXI), The Wet Seal Inc. (Nasdaq: WTSLA) and NeoMedia Technologies Inc. (OTCBB: NEOM).
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http://www.otcpicks.comCELEBDIRECT INCORPORATED (OTC: CELI)
"Up 33.33% in morning trading"
Company Profile:
http://www.otcpicks.com/celebdirect/celebdirect-2.htmCelebDirect's primary business is that of a direct response celebrity incubator and has two divisions which are direct response marketing and Celebrity placement / franchise opportunities. CelebDirect brings to the market unique and innovative products via direct to market strategies such as infomercials, advertorials and other associated advertising vehicles to expeditiously, economically and broadly market products throughout North American as well as a global basis. CelebDirect has a number of consumer-oriented products it is evaluating and others it is currently bringing to market.
ONCOGENEX PHARMA INCORPORATED (NASDAQ: OGXI)
"Up 49.38% in morning trading"
OncoGenex Pharmaceuticals is a biopharmaceutical company committed to the development and commercialization of new cancer therapies that address unmet needs in the treatment of cancer. OncoGenex has a deep oncology pipeline, with each product candidate having a distinct mechanism of action and representing a unique opportunity for cancer drug development. OGX-011, the lead candidate currently completing five Phase 2 clinical studies in prostate, lung and breast cancers, is designed to inhibit the production of specific proteins associated with treatment resistance; OGX-427 and SN2310 are in Phase 1 clinical development; and CSP9222 and OGX-225 are currently in pre-clinical development.
WET SEAL INCORPORATED (NASDAQ: WTSLA)
"Up 11.60% in morning trading"
The Wet Seal, Inc. and its subsidiaries operate as a specialty retailer of apparel and accessory items for women in the United States. It operates two mall-based chains of retail stores under the Wet Seal and Arden B brands. The company's Wet Seal stores offer apparel and accessories for teenage girls; and Arden B stores provide feminine, contemporary collections of fashion separates and accessories. It also operates Web-based stores, which include www.wetseal.com that offers Wet Seal merchandise; and www.ardenb.com, which offers Arden B apparel and accessories. As of February 2, 2008, the company operated 494 retail stores, including 399 Wet Seal stores and 95 Arden B stores. The Wet Seal, Inc. was founded in 1962 and is based in Foothill Ranch, California.
NEOMEDIA TECHNOLOGIES INCORPORATED (OTCBB: NEOM)
"Up 29.03% in morning trading"
NeoMedia Technologies, Inc. (OTCBB: NEOM) is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes NeoMedia extends their offering with award winning Gavitec technology. Located in Germany, Gavitec AG-mobile digit is a leader in development and distribution of mobile scanners and software for mobile applications. In addition, Gavitec provides standardized and individual solutions for mobile marketing, couponing, ticketing and payment systems.
About OTCPicks.com
OTCPicks.com is fast becoming the premier Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. OTCPicks.com presents the latest information for the discerning small cap and microcap investor. The site features informative articles on microcap investing, the top penny stock picks, and a wealth of small cap research on vertical markets. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at
publisher@otcpicks.com.Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has received seventy thousand free trading shares from a non-controlling third party (Dana Alex) for CELI advertising and promotional services.
OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.
