GNBT -- Generex Biotechnology Corp.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
www.streetinvesting.com: Global Market Perspective Progressive Review on Generex Biotechnology Corporation
Oct 10, 2006 (M2 PRESSWIRE via COMTEX) -- Streetinvesting.com is the author of this release. This release is a result of our current concentration on Generex Biotechnology Corporation (NASDAQ:GNBT) and their latest corporate developments and market performance. Our goal is to help investors seek a diversified portfolio by introducing techniques to help grasp a better understanding and concept of the market and the daily activities that a public company experiences. The first stage of this process is to continually track Generex Biotechnology Corporation and use the information that we may find to our advantage. To learn more and become part of the acclaimed online financial newsletter community, visit
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Generex Biotechnology Corporation was up 20.77% come market closure Monday. Investors also saw approximately 10,820,620 shares having traded hands come the toll of the day\'s closing bell.
The American Markets exhibited a slight gain Monday, with the Dow Jones industrial average briefly touching a new intraday trading high. Canadian markets were closed however, as traders north of the Boarder enjoyed Thanksgiving dinner.
Wall Street started the session on a negative note after North Korea announced it had set off an atomic weapon underground. To the surprise of many though the markets were quick to recover and investor sentiments were rejuvenated as the day progressed.
Contributing to the upbeat sentiment of some were reports that OPEC was near announcing its first output cut in two years. Although this came as good news for a few, others were not as enthusiastic. Nevertheless, stocks had edged higher by early afternoon.
According to preliminary calculations, the Dow Jones industrial average rose 7.60, or 0.06 percent, to 11,857.81. Broader stock indicators also progressed, with the Standard & Poor\'s 500 index rising 1.08, or 0.08 percent, to 1,350.66, and the Nasdaq composite index rising 11.78, or 0.51 percent, to 2,311.77.
Generex Biotechnology Corporation stood out in the crowd Monday and amidst the day\'s overall success secured...
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