Penny Stocks to Watch At The Bell – SKH, ULU, QXM
Wednesday, September 8th, 2010
Add the following stocks to your list of Penny Stocks To Watch Today!
SKH – Up 30% in pre-market trading.
*NEWS* Skilled Healthcare Group Announces Agreement to Settle Humboldt County Class Action
Skilled Healthcare Group, Inc., through its subsidiaries, operates skilled nursing facilities, assisted living facilities, hospices, and a rehabilitation therapy business. Its skilled nursing facilities provide specialty care, such as chemotherapy, enteral/parenteral nutrition, tracheotomy care, and ventilator care, as well as offers various services, including room and board, special nutritional programs, social services, recreational activities, and related healthcare and other services. These skilled nursing facilities include Express Recovery, a unit that provides skilled nursing care and rehabilitation therapy for patients recovering from conditions, such as joint replacement surgery, and cardiac and respiratory ailments. The companys assisted living facilities provide residential accommodations, activities, meals, security, housekeeping, and assistance in the activities of daily living to seniors who are independent or who require some support, but not the level of nursing care provided in a skilled nursing facility. Skilled Healthcare Group also offers ancillary services, such as physical, occupational, and speech therapy, as well as rehabilitation therapy service to third-party skilled nursing operators. In addition, the company offers hospice services comprising palliative and clinical care, education, and counseling with a focus on the physical, spiritual, and psychosocial needs of terminally ill individuals and their families. As of December 31, 2009, it owned or leased 78 skilled nursing facilities and 22 assisted living facilities, together comprising 10,954 licensed beds in California, Texas, Iowa, Kansas, Missouri, Nevada, and New Mexico. The company has a joint venture with APS Acquisition, LLC. that operates a pharmacy in Austin, Texas. Skilled Healthcare Group is based in Foothill Ranch, California.
ULU – Up 25% in pre-market trading.
*NEWS* Announces the Appointment of Novartis Animal Health as Exclusive Distributor of a Veterinary Version of Altrazeal
ULURU Inc., a pharmaceutical company, engages in the research, development, and commercialization of wound care and muco-adhesive film products in the United States and internationally. The companys products are based on patented Nanoflex and OraDisc drug delivery technologies. Its products include Altrazeal, a transforming powder dressing for the treatment of various wounds, such as partial thickness burns, donor sites, and abrasions, as well as surgical, acute, and chronic wounds; Aphthasol and Aptheal for the treatment of canker sores; OraDisc A for the treatment of oral conditions, which rely upon the use of medications formulated as gels and pastes that are applied to lesions in the mouth; OraDisc B for the treatment and management of oral pain; and Residerm A gel-Zindaclin for the treatment of acne. The company is based in Addison, Texas.
QXM – Up 24.03% in pre-market trading.
*NEWS* Qiao Xing Proposes to Purchase all Outstanding Shares of Qiao Xing Mobile
Qiao Xing Mobile Communication Co., Ltd., through its subsidiary, CEC Telecom Co., Ltd., develops, manufactures, markets, and sells mobile handsets in the Peoples Republic of China. The companys mobile handsets are based primarily on GSM, TD-SCDMA, and WCDMA standards. It offers its products under the CECT and VEVA brand names. The company provides its products to mid-income consumers through its own retail stores, national and provincial distributors, TV direct sales distributors, and Internet distributors, as well as through its Website vevago.com. As of June 12, 2009, it operated six VEVA retail stores in Beijing. The company was founded in 2000 and is headquartered in Beijing, the Peoples Republic of China. Qiao Xing Mobile Communication Co., Ltd. is a subsidiary of Qiao Xing Universal Telephone, Inc.
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