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Penny Stocks Review: Titan Pharmaceuticals, AMR Corporation, Goff Corp

ACCESSWIRE

NEW YORK, March 21, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Titan Pharmaceuticals, AMR Corporation, Goff Corp.

Titan Pharmaceuticals, Inc.(OTC:TTNP - News) shares decreased 13.49% to $1.07 in the early hour after U.S. regulators on Mar. 20 questioned whether the company showed the dosages tested of experimental Probuphine implant offered enough benefit to gain approval. Patient response to the treatment for treating addiction to heroin and prescription opioid painkillers, indicate that doses may not have been “high enough” in the studies, Food and
Drug Administration staff said yesterday.

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Additionally, the company, on Mar. 15, reported financial results for the fourth quarter and year ended December 31, 2012. Total revenues for the year 2012 were approximately $7.1 million, compared to approximately $4.1 million in 2011. Net loss applicable to common stockholders for 2012 was approximately $15.2 million, or $0.23 per share, compared to a net loss of approximately $15.2 million, or $0.26 per share, for 2011.

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AMR Corporation(PINK:AAMRQ - News) shares increased 1.64% to $4.33 in the early hour. The company’s American Airlines and US Airways Group Inc. should give up flights at Washington’s Reagan National Airport before U.S.
regulators approve the carriers’ merger, a JetBlue Airways Corp. (JBLU) executive said yesterday.

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The merged airline would control about two-thirds of flights at the capacity-controlled airport, which would allow it to restrict growth by smaller carriers and raise fares, Robert Land, JetBlue’s senior vice president for government affairs, said in a letter to U.S. Senator Charles Schumer.

Additionally, American Airline, on Mar. 13, said it is selling investment-grade debt even as it spends a 15th month in bankruptcy while bond buyers look ahead to the merger with US Airways Group Inc. (LCC) that will create the world’s largest carrier.

The AMR Corp. (AAMRQ) unit issued $663 million of so-called enhanced equipment trust certificates yesterday that included a portion paying 4 percent, matching the record low coupon for similar airline debt, which was first awarded to United Continental Holdings Inc.

Goff Corp(OTC:GOFF - News) shares fell 0.15% to $0.338 in the morning hour after the company’s wholly owned subsidiary Golden Glory Resources S.A. on Mar. 20 has announced a multi-phase exploration program for its newly acquired La Frontera Gold Project in Dept. Of Caldas, Colombia. The leases on LGC15011 or the "La Frontera Prospect" are comprised of 1227 hectares of mineral leases in the Aguadas area, Department of Caldas, located about 60 kilometers south of Medellin in Northern Colombia. Roughly 30% of the La Frontera property also straddles the Antioquia region.

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Additionally, the company, on Mar. 18, has appointed Manuel Hernando Vasquez Serna as a Director effective March 18, 2013. Mr. Vasquez Serna is the founder, owner and manager of Explotarcol Ltda., a consulting firm
in Barranquilla, Colombia, which he began in 1979. Prior to entering the private sector he served as an Army Captain of the Body of Engineers (Colombia).

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