CORAL GABLES, FL / ACCESSWIRE / May 19, 2016 / TechStockInsider.com issues the following report: Today is an historic day in the market. It marks the anniversary of The Dow Jones Industrial Average having a record close of 18,312.39. But despite this very positive high in market history, investors have been hit with a rocky trading session on Thursday morning. This has left many, searching for stocks that have found an uptrend and we have been able to identify four stocks that investors are buying up on May 19.
Paragon Shipping Inc. (NASDAQ: PRGN) has seen several periods of consolidation over the last week of trading. On Thursday however, shares of the shipping company have soared to levels that the stock was trading at earlier in the month. After opening the day at $1.09, shares of PRGN have narrowly come close to breaking the $2 mark and hit highs of $1.98 during Thursday's morning session. Volume has also seen a significant increase over what has been the case during recent weeks and further to this, it would appear that it has been sheer market momentum to ignite this rally.
The last time the company released press, Paragon announced the availability of its annual report. At the end of April, the stock saw a similar increase in price and ended up hitting highs of $3.94 over the course of 2 trading sessions.
SOURCE: TechStockInsider.com
Globus Maritime Limited (NASDAQ: GLBS) has echoed the same sentiment as PRGN in the shipping sector. The company's stock increased in price by as much as 75.6% from the opening bell. The stock saw highs during the morning session of $0.58 and had more than 1.3 million shares traded at the time of this report. The company's news flow has been limited since the end of April. On April 29 Globus announced that it had filed its annual 2015 report.
LifeClips Inc. (OTC: LCLP) released news Wednesday morning of the securing of a $500,000 non dilutive revolving line of credit that it will use to allow the company to deliver on orders obtained from big box retailers. The credit facility involves no debt or equity, which has echoed positive sentiment from the market over the last two days with shares increasing to price as high as $0.76. This week's highs mark a new 52-week high of $0.76 and has also seen a growing volume since last Friday (5/13).
With regard to the announcement, CEO Bob Gruder said, "This credit revolver will put Life Clips in a strong position to be able to deliver on orders that we may obtain from big box retail chains for the Mobeego and SoloVu™ products. Carrying a fixed interest rate, this facility will assist the Company with the necessary capital to hopefully allow us to meet our business goals and plans while maintaining shareholder's interests."
Cesca Therapeutics Inc. (NASDAQ: KOOL) announced publication of data from a pilot study utilizing the company's innovative technology for treatment of Acute Myocardial Infarction. Results from the single-patient study titled, "Autologous bone marrow concentrate enriched in progenitor cells - an adjuvant in the treatment of acute myocardial infarction" were obtained using Cesca's integrated point-of-care technology, Acute Myocardial Infarction Rapid Stem cell Therapy.
Results show very positive outcomes as the patient was able to return to normal life two weeks after the AMIRST procedure, and the main findings of the study showed a significant improvement in the Left Ventricular Ejection Fraction (LVEF) from 35% at patient's initial assessment to 60.3% at 24 months post-AMIRST intervention.
Since the opening bell, shares of KOOL have increased greatly from $2.19 to highs of $4.30 at the time of this report, which marks a run of more than 100% during the day.
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Disclosure: The information, opinions and analysis contained in this report are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We do not accept any responsibility or liability for any losses, damages or costs arising from an investor's or other person's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities, nor a recommendation of any security. Past gains are not representative of future gains. MIDAM VENTURES, LLC owner and operator of TechStockInsider.com was paid an advertising fee of $75,000 cash & ZERO Restricted Common shares by Life Clips, Inc. (LCLP) for visual sponsorship of TechStockInsider.com and for visual placement Life Clips, Inc. (LCLP) within written materials. FOR A DURATION OF 30 DAYS Beginning 5/4/2016. & ending 6/3/2016. Tech Stock Insider has not been compensated nor does it expect to receive any compensation for distribution of its opinions and publicly available information regarding, PRGN, GLBS, or KOOL in this investment opinion article at this time. The opinions contained herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. When used herein, the words "anticipate," "intend," "estimate," "believe," "expect," "plans," "should," "potential," "forecast," and variations of such words and similar expressions are intended to identify forward-looking statements. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. A company's actual results could differ materially from those described in any forward-looking statements contained herein. Tech Stock Insider is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter. We recommend that you use the information found herein as an initial starting point for conducting your own research in order to determine your own personal opinion of the companies discussed herein before deciding whether or not to invest. You should seek such investment, tax, financial, accounting or legal advice appropriate for your particular circumstances. Information about many publicly traded companies and other investor resources can be found at www.sec.gov. Investing in securities is speculative and carries risk. Please visit http://techstockinsider.com/content/terms-and-conditions-use/ website for a more detailed discussion of risks and disclosures.
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SOURCE: Tech Stock Insider
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