CombiMatrix Broadens Abilities in the $15.5B U.S. Diagnostics Market (NASDAQ:CBMX)

CombiMatrix Corporation (NASDAQ:CBMX)

In 2012 the global market concerning diagnostics estimated at $45.6 billion. As the U.S. and Europe account for 60% of that market, check out CombiMatrix Corporation ticker symbol CBMX. CombiMatrix is a molecular diagnostics company that specializes in DNA-based testing services for developmental disorders and cancer diagnostics. While the global market for new cancer diagnostic devices anticipates to rake in $5.3 billion by  2015, CombiMatrix has surged +67.53% Up 1.58 with over 8 million shares in play Thursday November 21, 2013 11:17AM EST. So why is the stock hot you ask?

The Company (www.combimatrix.com) announced today entering into a contractual agreement with America’s Choice Provider Network®, also known as (ACPN®) for coverage of their diagnostic laboratory services. This agreement allows CombiMatrix’s suite of molecular diagnostic solutions and comprehensive clinical support to over 14 million members. The 2012 U.S. diagnostics market estimated around  $15.5 billion, with anticipation concerning growth rate projected around 5.8% withing the next 5 years. What most investors would take for granted as fast growth.

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OCZ Technology Group, Inc. (NASDAQ:OCZ)

As  2013 Q2 global PC shipments totaled around 75.6 million units, let’s take a look at OCZ Technology Group ticker symbol OCZ. OCZ Technology Group specializes in providing high performance solid state drives for computing devices and systems. OCZ has surged +12.39% Up 0.07 with over 1.3 million shares in play Thursday November 21, 2013 12:09PM EST. So what’s up with the stock you ask?  

The Company (www.ocztechnology.com) announced earlier this month their its new Vector 150 SATA III SSD Series. Which is OCZ Technology Group’s greatest performing SATA III solid state drive series yet. In addition, the 3 shareholder derivative actions filed against OCZ in California state court were recently dismissed which means there are no more shareholder derivative actions pending. Assumptionally, it would be honorable for the bears out their to pause that chip dumping. Because the bulls can’t forget that OCZ Technology Group 2Q14 highlights displayed that the Company raised $13.1 million in a private placement, which is a funding a round of securities which are sold not through a public offering, but rather through a private offering. In layman’s terms, investors believe this Company will fly. 

 Remember: Always do your homework and consult your own financial professional.

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