Dallas 12/28/2011 2:04:20 AM
News / Stocks

PARL, PARD and CGFIA are the Daily Market Movers for December 27th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers PARL, PARD and CGFIA

PARLUX FRAGRANCES INCORPORATED (NASDAQ: PARL) "Up 78.67% in morning trading"

Parlux Fragrances, Inc. engages in the creation, design, manufacture, distribution, and sale of fragrances and beauty related products. The company offers body lotions, creams, shower gels, deodorants, soaps, and dusting powders. It also manufactures and distributes watches, handbags, purses, small leather goods, cosmetics, and sunglasses. It offers products under Paris Hilton, Jessica Simpson, Rihanna, Queen Latifah, Marc Ecko, Josie Natori, Nicole Miller, Kanye West, and Vince Camuto names on a licensee basis. The company markets its products primarily through specialty stores, national department stores, and perfumeries primarily in the United States, Canada, Europe, the Middle East, Asia, Australia, Latin America, the Caribbean, and Russia. Parlux Fragrances, Inc. was founded in 1984 and is headquartered in Ft. Lauderdale, Florida.

 

PONIARD PHARMACEUTICALS INCORPORATED (NASDAQ: PARD) "Up 18.78% in morning trading"

Poniard Pharmaceuticals, Inc. is a biopharmaceutical company focused on the development and commercialization of innovative oncology products. Poniard's lead product candidate is picoplatin, a new generation platinum-based cancer therapy designed to treat solid tumors that are resistant to existing platinum-based therapies. Assuming receipt of shareholder approvals and satisfaction of other conditions to closing, the merger of Poniard and ALLOZYNE, Inc. will result in a Nasdaq-listed specialty pharmaceutical company focused on developing and commercializing therapeutics in the areas of autoimmune and inflammatory disease and cancer. The combined company is expected to seek a partnership for the continued development of picoplatin.

 

COLORADO GOLDFIELDS INCORPORATED (OTCBB: CGFIA) "Up 100.00% in morning trading"

Colorado Goldfields Inc. is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.

 

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