Dallas 3/16/2011 8:33:08 AM
News / Finance

ICOG, RPRX, CGC, VRNG, AAME: Stocks Mostly Down After Japan's Disaster

Stocks Mostly Down After Japan's Disaster: ICOG, RPRX, CGC, VRNG, AAME

ICO Global Communications (NASDAQ:ICOG) has exploded 35.42% or $0.68 to settle at $2.60 with a volume of 346,267 shares. For the past 52 weeks the stock has been trading between $1.12 and $3.20 a share with an average volume of 301,938 and a market cap of $659.46 million.

ICO Global Communications (Holdings) Limited (ICO Global), along with its subsidiaries is a development stage mobile satellite service (MSS) operator. The Company has one medium earth orbit (MEO) satellite in orbit (F2), and has 10 additional MEO satellites in various stages of completion. Due to disagreements with Boeing, the manufacturer and launch manager of the Company's MEO satellites, it has not advanced the development of its MEO satellites since the year ended December 31, 2004.

Repros Therapeutics (NASDAQ:RPRX) has lost 6.01% or $0.37 to settle at $5.79 with a volume of 345,073 shares, compared to its average three month volume of 637,385 shares. For the past 52 weeks, the stock has been trading between $1.11 and $6.85 with an average market cap. of $51.71 million.

Repros Therapeutics Inc. (RPRX) is a development-stage biopharmaceutical company focused on the development of oral small molecule drugs for unmet medical needs. Its product pipeline consists of Androxal and Proellex. Androxal (male reproductive health) completed Phase 2b proof-of-concept trial in men treated for low testosterone levels who want to improve or maintain their fertility and/or sperm number and function, and its Investigational New Drug Application (IND), for the study of oral Androxal in the treatment of hypogonadal men with type II diabetes was accepted by the United States Food and Drug Administration (FDA).

Capital Gold Corporation (AMEX:CGC) has lost 4.31% or $0.23 to settle at $5.11 a share with a volume of 306,000 shares. For the past 52 weeks the stock has been ranging between $2.30 and $5.79 with an average volume of 285,893. Company has 61 million oustanding common shares.

Capital Gold Corporation (Capital Gold) is engaged in the mining, exploration and development of gold properties in Mexico. The Company's focus is on the operation and development of the El Chanate project, as well as the development of its Orion Project in the State of Nayarit Mexico. The Company's Orion Project lies in the Sierra Madre Occidental, a prolific mining district in Western Mexico. It also conducts gold exploration in other locations in Sonora, Mexico.

Vringo, Inc. (AMEX:VRNG) has lost 4.49% to settle at $1.70 a share with a volume of 12,133 shares, compared to its average 3 month volume of 7,499 shares. For the past 52 weeks the stock has been ranging between $1.25 and $3.60 with an average market cap. of $8.69 million.

Vringo, Inc. (Vringo) is a development-stage company. The Company is engaged in developing software for mobile phones. It provides a platform, which allows users to create, download and share mobile entertainment content in the form of video ringtones for mobile phones. Vringo's product consists of four components, such as The Vringo Mobile Application, The Vringo WAP Site, The Vringo Website and The Vringo Studio. Vringo (Israel) Ltd. is its wholly owned subsidiary.

Atlantic American Corporation (NASDAQ:AAME) has gained 0.478% or $0.01 to settle at $2.12 a share with a volume of 400 shares, compared to its average 3 month volume of 2,244 shares. Company has a market cap. of $47.21 million and 22.27 million outstanding common shares. For the past 52 weeks it has been trading between $1.06 and $2.25 with an average beta of 1.0.

Atlantic American Corporation is a holding company, which operates through its subsidiaries in well-defined specialty markets within the life and health and property and casualty insurance industries. The Company's principal operating subsidiaries are American Southern Insurance Company and American Safety Insurance Company within the property and casualty insurance industry and Bankers Fidelity Life Insurance Company (Bankers Fidelity) within the life and health industry.

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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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