Wednesday's NASDAQ Winners: GLBS, PATH, SCLN, NGSX

New York, NY - March 15, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday March 14th. The Nasdaq Composite ended higher by 0.85 (0.03%) at 3,040.73, marking its sixth consecutive gain.

Globus Maritime Ltd. (NASDAQ: GLBS) was the top performing stock on the NASDAQ and soared 2.17 (58.33%) to $5.89 after the company reported better than estimated fourth quarter loss. The company’s net loss during the quarter increased to $10.8 million or 30 cents a share, from a year ago quarter loss of $3.4 million. Revenue during the quarter came at $191K. Analysts were estimating a loss of 34 cents a share.

NuPathe Inc(NASDAQ:PATH) gained 0.70 (21.56%) to $3.97 in yesterday’s trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has the potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.

SciClone Pharmaceuticals, Inc.(NASDAQ:SCLN) shares jumped $1.10 or 21% to $6.34 after hitting multi-year high of $6.97 as the company projected better than estimates earnings for FY2012. The company said that now it projects to earn 72-78 cents a share, well above the analysts’ estimates of 43 cents. For the fourth quarter, the company reported EPS of 20 cents, ahead of consensus by 11 cents.

NeurogesX, Inc(NASDAQ:NGSX) shares rebounded over 28% after hitting a new 52-week low earlier in the week. The stock closed at $0.618 on heavy volume of 1.10 million shares -2.50X its 30-day average volume. The rally was followed by bullish note from analyst at Wedbush, which upgraded the stock to Outperform from Neutral and set a price target of $2.

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