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Bestofotc.com - NASDAQ % Losers to watch for (IMGN, MAJC, PEDH, OVRL, MPB)

Friday’s Stock News Alert from Best of OTC

 

http://www.bestofotc.com




(EMAILWIRE.COM, August 31, 2010 ) NEW YORK, NY - Best of OTC, publishers of free stock alerts (www.BestofOTC.com), reports on the following stock performances for 08/29/2010:

- ImmunoGen, Inc. (NASDAQ:IMGN) moved down by 38.50% and closed on the price of $5.16 with volume of 7.34M. ImmunoGen, Inc. is focused on the development of antibody-based anticancer therapeutics. It develops, targeted therapeutics for the treatment of cancer using cancer biology, monoclonal antibodies, highly-potent cytotoxic (cell-killing), agents, and the design of linkers that enable these agents to be stably attached to the antibodies while in the blood stream and released in their fully active form after delivery to a cancer cell.

- Majestic Capital, Ltd. (NASDAQ:MAJC) moved down by 24.58% and closed on the price of $0.181 with volume of 9,400.00. CRM Holdings, Ltd. is a specialty provider of workers’ compensation insurance products. Through its subsidiaries, the Company offers workers’ compensation insurance coverage, reinsurance, and fee-based management services for self-insured entities. It offers primary workers’ compensation insurance through independent insurance brokers and agents to various size businesses. Its workers’ compensation insurance coverage is offered to employers in California, New York, New Jersey, Arizona, Nevada, and other states. The reinsurance is underwritten from Bermuda.

- Peoples Educational Holdings, Inc. (NASDAQ:PEDH) moved down by 18.49% and closed on the price of $0.970 with volume of 700.00. Peoples Educational Holdings, Inc. (PEH), through its wholly owned subsidiary, Peoples Education, Inc. (PE), develops and sells its own print and digital education products, which are state-specific and standards-based, focused on state-required tests. The Company also distributes other publishers’ products. PEH’s products are organized into three product groups: Test Preparation, Assessment, and Instruction, College Preparation and Literacy.

- Overland Storage, Inc. (NASDAQ:OVRL) moved down by 12.55% and closed on the price of $1.54 with volume of 22,275.00 Overland Storage, Inc. is a provider of data protection appliances that help small and medium-size business and distributed enterprises ensure their business-critical data is protected and readily available. The Company sells all of its products on an indirect basis, primarily through three channels or types of customers, such as original equipment manufactures (OEMs), distributors, and value-added resellers (VARs) and direct market resellers (DMRs).

- Mid Penn Bancorp, Inc. (NASDAQ:MPB) moved down by 12.86% and closed on the price of $6.10 with volume of 20,921.00, Mid Penn Bancorp, Inc. (Mid Penn) is a bank holding company that operates through its wholly owned subsidiary, Mid Penn Bank (the Bank). The Bank engages in full-service commercial banking and trust business, making available to the community a range of financial services, including, but not limited to, installment loans, personal loans, mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development and local government loans, and various types of time and demand deposits.


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Please see disclaimer on BestofOTC website: http://www.bestofotc.com/disclaimer.php.

BestofOTC.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by www.BestofOTC.com.

Disclaimer:
The assembled information disseminated by BestofOTC.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. BestofOTC.com does expect that investors will buy and sell securities based on information assembled and presented in BestofOTC.com. PLEASE always do your own due diligence, and consult your financial advisor.

Forward-Looking Statement:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.


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