Penny Stocks To Watch- Oxygen Biotherapeutics, Inc. (NASDAQ: OXBT) finished Monday on top at $5.15, Up 1.92(59.44%), and increased .30 cents more after hours. Dehaier Medical Systems Limited (NASDAQ: DHRM) finished $3.99 Up 0.75(23.15%), while Industrial Services of America, Inc. (NASDAQ: IDSA) rounded out Third place closing at $3.37 Up 0.78(30.12%).
Small Cap Traders reports OXBT has developed a therapeutic oxygen carrier called Oxycyte® that is currently in clinical and preclinical studies for intravenous delivery for indications such as traumatic brain injury, decompression sickness and stroke. Meanwhile DHRM, a maker of medical devices and homecare medical products announced earlier last month plans to visit Israel to meet with some high-tech companies. In a company release, DHRM says the trip, which took place Oct.21-25, was to "broaden communication".
IDSA, a company in the business of buying, processing and marketing scrap metals and recyclable materials for domestic users and export markets, reported via Businesswire that Harry Kletter, the Company’s largest shareholder, has purchased 125,000 shares of the Company’s common stock from an affiliate of Blue Equity, LLC (“Blue Equity”). This, according to reports, has helped him acquire 27 percent beneficial ownership of the company.