Penny Stock Theragenics Corp. (TGX) Soaring in Today’s Mid-Day Session
Shares of Theragenics Corp. (NYSE: TGX), a medical device company serving the surgical products and cancer treatment markets, are soaring in Tuesday’s trading.
At last check, the penny stock of TGX was trading 16.48% higher at $2.05, with volume up from daily average of 32,270 to 391,044.
Theragenics shares are surging in today’s trading after the company announced plans to buyback up to $10 million of its shares in a modified Dutch Auction tender offer.
Christine Jacobs, chairman and CEO of Theragenics, said that the strength of TGX’s balance sheet allows the company to fund the $10 million buyback offer from available cash on hand.
- This newsletter has been helping traders make a killing on TGX. Click here for a 25% discount offer.
- See today’s top stock picks and market analysis
- Need fast service and cheap rates from a broker? Buy stock online at my favorite brokerage
- Want more? Check out the message board buzz for TGX
- See what newsletters are recommending this stock pick
- Get breaking news alerts on these stocks: http://thestockmarketwatch.com/
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Tech24.org is a wholly-owned subsidiary of BlueWave Advisors.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.