Wednesday, February 17, 2010

3 Small Cap Pre-Lunch Market Movers (CYCC, CHIO, RZ)

Cyclacel Pharmaceuticals Inc is trading at $2.83 up .43 or 18% at a volume of nearly 2.7M



Today the company announced results from a newly published study which demonstrated its drug Seliciclib to be potentially effective in treating breast cancer resistant to hormone therapy. Seliciclib is currently in Phase 2 clinical trials for non-small cell lung cancer and nasopharyngeal cancer.

China INSOnline Corp is trading at .60 up .09 or 17.5%



Today the company reported 2nd quarter results: Net income up 33% for the period, Revenues edge higher across two of three segments, Six month net income is $0.11 per share. This company is making money with a P/E ratio of just over 2.

Raser Technologies Inc is trading at $1.14 up .18 or 19%



The company is up after news that it received approval for a $32.99 million grant. It announced today that the U.S. Treasury has approved its renewable energy grant application for the Company's Thermo No. 1 geothermal power plant.

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