Success in the stock market is largely dependent on how closely an investor follows the news and keeps an eye on the latest developments in the market. Here is a quick look at some of the stocks which have been in the news cycle lately.
Houston Natural Resources Corp (OTC:HNRC) – On June 30 Houston Natural Resources Corp announced that it had completed the filing of a registration statement for registering the shares of Worldwide Diversified Holdings Inc that had been involved in the spin-off.
The Worldwide Diversified shares would start trading once the registration statement is approved by the United States Securities and Exchange Commission. It was further noted that Worldwide Diversified believed that the stock would be listed on NASDAQ with a $3.50 target price. The Houston Natural Resources Corp stock rallied by 9.78% yesterday and recorded strong trading volumes throughout the week.
Pressure BioSciences Inc (OTC:PBIO) – On Thursday the Pressure BioSciences Inc stock ended up with gains of 15% but the trading volume was below average. The company announced on July 5 that it had reached an agreement with Texas-based novel health and wellness products supplier Somalad International LLC.
The agreement was with regards to collaborative development and distribution of the company’s Ultra Shear Technology-backed health and wellness products.
Ra Medical Systems Inc (NYSEAMERICAN:RMED) – The trading volume in the company’s stock has been significantly high in recent days. On July 3, Ra Medical Systems Inc announced that it was making a major effort to expand its distribution network outside the United States.
The announcement came after the company had revealed the previous week that it had filed for a CE Mark for its product LockeT so that it could be marketed in the European Union. The company also revealed on July 6 that the device LockeT had also been used in structural heart procedures.
Sekur Private Data Ltd (OTC:SWISF) – Yesterday Sekur Private Data Ltd was one of the notable gainers as it ended up with gains of 6.36%. There was no news about the company yesterday but the rally may have been brought about by the fact that Sekur Private Data has been a regular in the national media circuit. It has been featured regularly on Newsmax and Fox Business, two of the biggest networks.
Intelligent Bio Solutions Inc (NASDAQ:INBS) – After the company had been given its FDA guidelines, its stock ended up recording gains in after-hours trading. The company announced on July 6 that that it had completed a distribution agreement for its Intelligent Fingerprinting Drug Screening System with TSCOM SPA, a Chile-based company. That would boost the availability of medical device in the South American zone.