Allos Therapeutics, Inc. (Nasdaq:ALTH) reached 9.37% in morning trading to $1.75 with 900K shares traded. Allos Therapeutics, Inc. is a biopharmaceutical company committed to the development and commercialization of innovative anti-cancer therapeutics. Allos is currently focused on the development and commercialization of FOLOTYN® (pralatrexate injection), a folate analogue metabolic inhibitor. FOLOTYN is approved in the U.S. for the treatment of patients with relapsed or refractory PTCL. Allos Therapeutics, Inc. (Nasdaq:ALTH - News) yesterday reported financial results for the second quarter ended June 30, 2011. • FOLOTYN® (pralatrexate injection) net product sales increased 39% year-over-year to $11.0 million in the second quarter of 2011, compared to $7.9 million for the same period in 2010. • As of June 30, 2011, the Company had no debt and $109.5 million in total cash, cash equivalents and investments.
Rapid Fire Marketing, (PINK:RFMK) reached up 20% in morning trading to $.0048 with 4M shares traded. Rapid Fire Marketing is an inBound marketing company. Their business is to help your business: • Obtain more website traffic • Convert all of that new website traffic into customers and clients • Help your company become a leader in your industry by dominating the Internet with regard to content and links to your website • Use social media and search marketing to make your company much more attractive and easily found by prospective clients/customers. Rapid Fire Marketing, (Pink OTC–RFMK) announced they have completed the acquisition of InBoundMarketingPR, an Internet and social media marketing firm. The Company acquired the business through an Asset Purchase Agreement to operate as the primary marketing arm behind the Company's proprietary products, as well as to provide services to outside clients. Besides providing an additional revenue stream, the Company benefits financially by owning an in-house marketing department to drive the sales of Company-owned products.
Platinum Studios, Inc. (OTCBB: PDOS) reached up 10.83% in morning trading to $.0174 with 1M shares traded. Platinum Studios is an entertainment company that controls an international library of comic book characters from all over the world, which it adapts, produces and licenses for all forms of media including print, film, online, mobile/wireless, gaming, and merchandising. Platinum Studios, Inc. (OTC.BB: PDOS.OB - News) announced they have been highlighted in entertainment trade publication Daily Variety. Platinum Studios Chairman & CEO Scott Mitchell Rosenberg sent the article to investors and fans yesterday via the corporate newsletter, stating, "We were excited to hear the perspective of reporter Marc Graser and his perception of our corporate strategy in the wake of the release of our blockbuster film 'Cowboys & Aliens.'"
For a detailed quote on any of the following companies, or to read the full news articles visit PennyTrader.com
About PennyTrader.com
PennyTrader.com is a financial and investor relations website committed to covering the microcap market space including Pink Sheets and OTC Bulletin Board and sub-$5 big board stocks. We strive to provide you with the best stocks alerts in the market! We focus on OTCBB, OTC, penny stocks, sub-$5 big board stocks, and timely stocks picks and alerts. Our goal is to inform you of the HOTTEST stocks in the market before they move. Our staff has years experience in the stock market, and we are confident that you’ll be impressed with the results of our stock picks! If you wish to feature your organization on our website then you can contact us at publisher@pennytrader.com.
Disclosure: PennyTrader.com is not currently being compensated for any stocks covered in this midday report
PennyTrader.com is not a registered investment advisers or broker/dealer. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this press release is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the micro cap companies covered and the potential lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. For our full disclaimer go to CLICK HERE
