Dallas 12/16/2010 1:21:26 AM
News / Finance

CSEY, GNTA, GNAU and SRGE are the Daily Market Movers for December 15th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers CSEY, GNTA, GNAU and SRGE

CASEY CONTAINER CORPORATION (OTCBB: CSEY) "Up 8.33% in morning trading"

Headquartered in Scottsdale, Arizona, Casey Container is engaged in the design and custom manufacture of biodegradable PET, HDPE and other plastic polymer preforms, bottles and containers for use in the bottled water, beverage and consumer products industries. The Company is committed to developing container products that meet clients' demands while addressing environmental issues concerning proliferation of plastic pollution. The Company offers its biodegradable plastic packaging solutions using the breakthrough science of the EcoPure® additive and technology.

GENTA INCORPORATED (OTCBB: GNTA) "Up 51.90% in morning trading"

Genta Incorporated is a biopharmaceutical company with a diversified product portfolio that is focused on delivering innovative products for the treatment of patients with cancer. The Company is developing tesetaxel, a novel, orally absorbed taxane that is in the same class of drugs as paclitaxel and docetaxel. As the leading oral taxane in clinical development, tesetaxel has been evaluated in a broad program of completed or ongoing Phase 2a/Phase 2b clinical trials. The Company has announced that gastric (stomach) cancer will be the lead indication for Phase 3 registration studies. Genasense® (oblimersen sodium) Injection is a modified DNA-based antisense drug that may enhance the effectiveness of anticancer therapy. Genta has completed enrollment in a randomized, double-blind Phase 3 study of Genasense® in patients with advanced melanoma, known as "AGENDA". Final data on survival and durable response from AGENDA, which may be pivotal for regulatory approval, are expected in the first half of 2011. Genta is exclusively marketing Ganite® (gallium nitrate injection) in the U.S., which is indicated for treatment of symptomatic patients with cancer-related hypercalcemia that is resistant to hydration. The Company has developed proprietary oral formulations of the active ingredient in Ganite® that are being evaluated as potential treatments for diseases associated with accelerated bone loss. Ganite® and Genasense® are available on a "named-patient" basis in countries outside the United States.

GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU) "Up 58.00% in morning trading"

General Automotive Company ("GAC") is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally. Through its two wholly owned subsidiaries, Global Parts Direct and OE Source, the company focuses its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S.

SOUTHRIDGE ENTERPRISES (OTC: SRGE) "Up 4.00% in morning trading"

Southridge Enterprises, Inc. operates as a renewable energy company. It primarily focuses on the production and marketing of ethanol and other renewable fuels in the eastern United States. The company was founded in 2004 and is headquartered in Dallas, Texas.

About OTCPicks.com

OTCPicks.com, one of the leading penny stock Web sites, presents its daily Stocks to Watch and Midday Market Movers every weekday. In addition to all the latest penny stock news, OTCPicks also offers daily newsletters, unique commentaries and free profiles, alerts and investing tips.

The stocks presented above are available in OTCPicks.com's Free Daily Email Newsletter. For daily penny stock alerts go to  http://www.otcpicks.com/hotpicks.htm.

 

Disclosure: OTCPicks.com and affiliates have been compensated fifteen thousand dollars by a third party for CSEY advertising and promotional services.