Spherix Incorporated (SPEX) -0.08

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Last Trade:1.40Short Ratio:1.70
Last Trade Time:4:00pmDay Range:1.3731 - 1.51
Ask:Year Range:0.37 - 4.15
Bid:1.20One Year Target:3.50
Open:1.49Exchange:NCM
Volume:172241EBITDA:-7.1M
Prev. Close:1.48Market Cap:20.1M
50 Day Moving:1.3997Div Yield:
200 day moving:1.5622PE:

Corrected: Two Small Bio Stocks Ready To Blast: Spherix Incorporated (NASDAQ:SPEX)

After talking about the amazing potential of both Spherix Incorporated (NASDAQ: SPEX) and Labopharm Inc. (NASDAQ: DDSS), I was in touch with Spherix Inc. management. They kindly alerted me to one error in my previous article and also to some new information.

Two Small Bio Stocks Ready To Blast: Labopharm Inc. (NASDAQ:DDSS), Spherix Inc. (NASDAQ:SPEX)

As I look over the destruction in the small cap biotech arena recently, I cannot help but come to the conclusion that these two small cap biotech stocks are undervalued. Both stocks are way off their highs when great drug news was recently revealed. Each has pulled back by close to, if not more than 50% from those highs.