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Nasdaq Stocks at 52-Week Lows by The Stockfather: ALIM, CERP, BRLI, PNBC, VALV
Posted on November 14, 2011 at 03:00 AM EST
(EMAILWIRE.COM, November 14, 2011 ) Chicago, Ill. -- Here's a look at stocks that hit new 52-week lows as reported by The Stockfather newsletter.
Shares of ALIM last closed at 1.96, down 73 percent. It hit a year low of 1.71 on Friday.
Alimera Sciences, Inc., a biopharmaceutical company, engages in the research, development, and commercialization of prescription ophthalmic pharmaceuticals. The company focuses on diseases affecting the back of the eye or retina.
Another stock is Cereplast, Inc. (Nasdaq: CERP). Shares of CERP closed at 1.38, down 30 percent. It hit the year low of 1.35 in the process.
Cereplast, Inc. develops and commercializes bio-based resins primarily in North America, Italy, and Germany. It provides Cereplast Compostables resins, which are substitutes for petroleum-based plastics for single-use disposables and packaging applications.
Bio-Reference Laboratories, Inc. (Nasdaq: BRLI) closed at 12.31, down 24 percent and hit a 52-week low of 11.41.
Princeton National Bancorp, Inc. (Nasdaq: PNBC) saw shares of its stock tumble over 14 percent on Friday to close at 1.71. It also hit a year low of 1.60.
Shengkai Innovations, Inc. (Nasdaq: VALV) closed at .59 on Friday while hitting its year low of .56.
The Stockfather publishes a newsletter to its subscribers at http://www.thestockfather.com.
About The Stockfather:
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit http://www.thestockfather.com for further disclosure information.
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