Daily Stock Reporter is issuing a report on four stocks to watch Breitburn Energy Partners LP (NASDAQ:BBEP), Progressive Care Inc (OTCMKTS:RXMD), LinnCo LLC (NASDAQ:LNCO), and Alliqua Biomedical Inc (NASDAQ:ALQA) have been added to our watch list today. Continue reading to find out why. – To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.
Breitburn Energy Partners LP (NASDAQ:BBEP) has filed for Chapter 11 bankruptcy protection this month. The LA based company specializes in revitalizing old oil wells. Despite the financial state of the company, shares of BBEP have been very active on Friday. From an opening price of $0.07, the stock has seen highs of $0.11 to mark a run up of nearly 60%. Volume has been increased over the last 5 trading days with today’s activity quickly approaching near all time high levels. You can view the full BBEP chart HERE.
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Progressive Care Inc (OTCMKTS:RXMD) has been continuously reported on during the last four weeks as the stock has seen a steady climb to highs of $0.042 at the time of this report. This is an increase of 35% since the beginning of the month when the stock was trading at $0.0312 on May 2. During the first quarter, the Company marked its strongest month to date (March 2016) with over $1.5 million in net pharmacy revenue. This is the first quarter, since 2010, in which the Company has recorded consolidated profits. Net income for the quarter was nearly $100,000 or 2% of net revenues.. You Can View RXMD’s News Here.
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LinnCo LLC (NASDAQ:LNCO) has seen nearly 3 times the average 3 month volume on Friday. Earlier this month the company, among others, announced that the United States Bankruptcy Court for the Southern District of Texas has granted the relief requested by the Company in key first day motions related to ordinary course business activities. On Friday the stock rose to highs of $0.20 at the time of this report. This marked a continued move from an initial move on Wednesday of 122%. Get More Information on LNCO Now!
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Alliqua Biomedical Inc (NASDAQ:ALQA) is a provider of advanced wound care products. Alliqua currently markets its line of dressings for wound care under the SilverSeal® and Hydress® brands, as well as the sorbion sachet S® and sorbion sana® wound care products, and its TheraBond 3D® advanced dressing which incorporates the TheraBond 3D® Antimicrobial Barrier Systems technology. Since May 17, the stock has been climbing. From an opening price of $0.87, the stock has climbed as much as 70% when it hit highs on Friday of $1.48. Get more information on ALQA now, Click Here.
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