New York, NY -- (ReleaseWire) -- 01/07/2013 --CombiMatrix Corp. (NASDAQ: CBMX), a molecular diagnostics company operating primarily in the field of genetic analysis and molecular diagnostics, is soaring in mid-day trading today after the company announced that it expects to post record volumes of prenatal testing in the fourth quarter and year-ended December 31, 2012. The company said that preliminary annual growth rates of 172% and 171% were achieved for billable prenatal tests in the quarter and the full year, respectively.
CBMX is currently trading 14.20% higher at $5.87 on volume of 1.13 million, which is well above the daily average volume of 369,238. CBMX had been struggling prior to today’s rally. However, the sharp rise on substantial volume suggests that market sentiment has turned bullish on the stock. CBMX could continue to rise before facing resistance at around $7.
Find out if this is the right moment to buy or sell CBMX by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=CBMX
VIVUS Inc. (NASDAQ: VVUS), a biopharmaceutical company engaged in the development of therapies to address obesity, sleep apnea, diabetes and male sexual health, is up sharply in mid-day trading today after the company said prescriptions for its obesity drug Qsymia rose almost 68% in the month ended December 21, compared to preceding four weeks. The growth rate is significantly above analysts’ forecast.
VVUS is currently trading 9.38% higher at $15.04 on volume of 11.24 million, which is more than two times the daily average volume of 4.83 million. VVUS has broken through $14 resistance level as a result of the rally today.
Find out if VVUS could maintain its bullish momentum by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=VVUS
About WallStreetScoop.net
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.
WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
Disclosure: WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
Contact Info:
Thomas Greene
Wall Street Scoop
info@wallstreetscoop.net
347-905-5009