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  • Stocks You Should Know About - BSDM, HEB, BHP, POT,

    hemispherx official logo
    Wednesday Aug 18, 2010, 12:25 pm EST
     
    Stocks started the day lower as Oil Trades at 5 week low and on Disappointing Earnings
     
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    BHP - BHP Billiton Limited(ADR) (NYSE:BHP)
    Second day after BHP Billiton launched an unsolicited $38.6 billion takeover bid for Potash Corp, BHP shares are trading 3 % lower on speculations that the Bid may go higher.
     
    BSDM - BSD Medical Corporation(NASDAQ:BSDM)
    BSD Medical Corporation (NASDAQ:BSDM) announced that the U.S. FDA has granted the Company a 510(k) clearance to market its MicroThermX Microwave Ablation System (MTX-180) in the U.S. for ablation of soft tissue. Shares gained a massive 170% on Wednesday.

    POT- Potash Corp./Saskatchewan (USA)(NYSE:POT)
    BHP yesterday offered $130 per share in cash for each share of Potash with a premium of 16% to its Monday closing price of $112.15 on the NYSE. After the Bid gtting rejected by Potash Corp., Analysts are expecting that BHP ay rise the Bid to $165 per share. Potash shares are trading at $148 Wednesday morning.

    HEB - Hemispherx Biopharma, Inc. (HEB)
    Hemispherx Biopharma, Inc. (HEB ) announced that its six-year litigation battle with the South African investment conglomerate JCI Ltd., ended and that they have won a $188 million judgment in their favor and against Johannesburg Consolidated Investments (JCI) and former JCI officers R.B. Kebble and H.C. Buitendag. You might be thinking why the stock price is still too low with Market cap of just $73 million. The reason is uncertainty whether HEB will be able to collect the Judgment Money from JCI.



    God Bless,
    Be Rich.


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