Dallas, TX 10/29/2008 8:08:07 AM
News / Finance

OTCPicks.com Stocks to Watch for Wednesday, October 29th AVRX, PRPM, CNST, CBLI, DENN

OTCPicks.com’s Daily Small Cap and Microcap Newsletter presents a range of the hottest small cap stocks on trading on the OTC and OTCBB markets. In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for small cap and microcap traders to meet up and discuss their top stock picks. Visit http://www.otcpicks.com today to join this growing community.

Our Stocks to Watch tomorrow include Avalon Pharmaceuticals Inc. (Nasdaq: AVRX), Propalms Inc. (OTCBB: PRPM), Constar International Inc. (Nasdaq: CNST), Cleveland BioLabs Inc. (Nasdaq: CBLI) and Denny’s Corp. (Nasdaq: DENN).

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AVALON PHARMACEUTICALS INCORPORATED (NASDAQ: AVRX)

"Up 275.00% on Tuesday"

Avalon is a biopharmaceutical company focused on the discovery, development and commercialization of first-in-class cancer therapeutics. AvalonRx® is the company's proprietary platform which is based on large-scale biomarker identification and monitoring, used to discover and develop therapeutics for pathways that have historically been characterized as "undruggable." Avalon is headquartered in Germantown, MD.

PROPALMS INCORPORATED (OTC: PRPM)

"Up 125.00% on Tuesday"

Propalms TSE, the complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003, offers features such as Application Publishing, Seamless Windows, Resource-based Load balancing, and Web-based consoles.

CONSTAR INTERNATIONAL INCORPORATED (NASDAQ: CNST)

"Up 86.36% on Tuesday"

Philadelphia-based Constar is a leading global producer of PET (polyethylene terephthalate) plastic containers for food, soft drinks and water. The Company provides full-service packaging solutions, from product design and engineering, to ongoing customer support. Its customers include many of the world's leading branded consumer products companies.

CLEVELAND BIOLABS INCORPORATED (NASDAQ: CBLI)

"Up 56.41% on Tuesday"

Cleveland BioLabs, Inc. is a drug discovery and development company leveraging its proprietary discoveries around programmed cell death to develop treatments for cancer and protection of normal tissues from exposure to radiation and other stresses. The Company has strategic partnerships with the Cleveland Clinic, Roswell Park Cancer Institute, ChemBridge Corporation and the Armed Forces Radiobiology Research Institute.

DENNY'S CORPORATION (NASDAQ: DENN)

"Up 36.72% in after hours trading on Tuesday"

Denny's Corporation, through its subsidiaries, engages in the ownership and operation of family-style restaurants primarily in the United States. The company owns and operates its restaurants under the Denny's brand name. Its restaurants offer traditional American-style food. As of December 26, 2007, Denny's Corporation operated 1,546 restaurants, including 1,152 franchised/licensed restaurants and 394 company-owned and operated restaurants. The company was founded in 1980 and is headquartered in Spartanburg, South Carolina.

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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.

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