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  • Stocks to Watch Today | YRCW | CTIC | DNDN | OTOW |

    Hot stocks
    Thursday July 1st, 2010, 02:08 am EST

    Hot Stocks to Watch Thursday 07/01/2010 -  YRCW, CTIC, DNDN, OTOW

    Dear Traders,

    Hot stocks to watch on Thursday 07/01/2010  are
    YRCW - YRC Worldwide Inc.
    CTIC - Cell Therapeutics Inc.
    DNDN - Dendreon Corporation
    OTOW - O2 Secure Wireless Inc.

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    YRCW - YRC Worldwide Inc. (NASDAQ:YRCW)
    YRCW today touched its 52-week low of 14 cents today and closed at 15 cents.YRC Worldwide Inc. (Nasdaq: YRCW) recently announced the agreement to sell a portion of its YRC Logistics business to Austin Ventures. It is notable to add that YRC Worldwide with 52-week highof $6.18 is struggling to stay in business. The stock price has fallen to 15 cents a share at around 97% drop from its year high of $6.18.The Stock is expected to rebound on strong Volumes. More Details

    CTIC - Cell Therapeutics, Inc.(NASDAQ:CTIC)
    Cell therapeutics Inc. (CTIC) gained 6.01% to $0.388 mid-day and then closed at $ 0.375. On Thursday, July 1, 2010, at 8:30 a.m. EST, members of Cell Therapeutics, Inc. (CTIC) management team will host a conference call to provide an update on company financial and regulatory developments. CTIC is under high pressure and there are high expectations from this company. If the company is just able to sustain till it gets approval, the stock price will hit all time high. Do your research on this company and jump in at low price right now. This will be heading higher from here.

    DNDN - Dendreon Corporation (NASDAQ:DNDN)
    Dendreon Corp. (DNDN) shares plunged 17% in after hours trading Wednesday after the U.S. government said it would start analysis on whether Dendreon's expensive immunotherapy treatment for prostate cancer is "reasonable and necessary." Currently a 3 infusion treatment costs around $93,000 which is considered very high but is again very crucial to extend life of  patients for 4-6 months. Dendreon said that private insurers will still be able to cover for the drug and it is trying to talk with CMS to see how Provenge can be provided to Medicare beneficiaries. An over selling can happen early morning which could be a good entry point.

    OTOW - O2 Secure Wireless Inc (OTC:OTOW)
    O2 Secure Wireless, Inc. (OTOW) gained 185% Wednesday on announcement  of completing a merger under which Earthcom Service Inc. has become the Company's wholly owned subsidiary. The stock reached $0.011 during mid day Wednesday. It is expected to continue the run Thursday. anywhere from 40-100% gains are expected. Earthcom Service Inc. is a wireless services company structured to provide, through a subsidiary, affordable flat rate pre-paid wireless services in developing countries.

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