(EMAILWIRE.COM, November 17, 2011 ) Minneapolis, Minnesota - Here's a look at stocks gaining momentum as reported by Mega Stock Picks (http://www.megastockpicks.com).
According to the stock research site and newsletter, one stock building momentum is ARCA biopharma, Inc. (Nasdaq: ABIO.).
Shares of ABIO closed Wednesday at 1.71, up .52 or 44 percent. The price jump followed positive news results from one of its trial medications targeting heart failure.
ARCA biopharma, Inc., a biopharmaceutical company, engages in the development of genetically-targeted therapies for cardiovascular diseases.
Another stock gaining momentum as reported by Mega Stock Picks includes BioFuel Energy Corp. (Nasdaq: BIOF).
Shares of BIOF closed at .88, up .03 on volume of 26.5 million.
Positron Corporation (OTC: POSC) is also gaining momentum according to Mega Stock Picks. Shares of POSC closed at .014.
Positron Corporation operates as a molecular imaging company providing nuclear medicine technologies and services that are used in the field of nuclear cardiology.
Xfone, Inc. (AMEX: XFN) shares closed at .50, up .16 or 47 percent on Wednesday.
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Mega Stock Picks
Frank Ross
651-368-8010
info@megastockpicks.com
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