Unusual 11 Mid-Day Movers 03/11: (SHZ) (TAYD) (CIGX) Higher; (ENER) (MED) (UNFY) Lower
SHZ Hot Sheet
EPS Growth %: -66.7%
China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ) 23.8% HIGHER; seeing upside today as China MediaExpress (Nasdaq: CCME) is halted with news pending. Both have been targets of Muddy Waters, causing their stocks to make wild swings on increased volatility.
Energy Conversion Devices, Inc. (Nasdaq: ENER) 23.4% LOWER; announced that changes to government policies in France and Italy could impact sales by as much as 50%. Click here to see the full report. The entire solar sector is trading lower on the warning. The Claymore/MAC Solar Index ETF (NYSE: TAN) is down 2.5% today.
Medifast Inc. (NYSE: MED) 22.3% LOWER; late morning dip follow news that Medifast will be delaying their 2010 form 10-K. According to the company: "The delay in releasing results is due to additional time needed for the Company to review the recognition of certain expenses in prior periods."
Taylor Devices Inc. (Nasdaq: TAYD) 20.1% HIGHER; traders are playing the stock today amid the massive earthquake off the coast of Japan. Taylor Devices makes seismic dampers which are designed to ameliorate the effects of earthquake tremors on structures. However, the company is mainly focused on the US and Canada and has no sales in Japan. Sales to three customers were approximately 34% of net sales for 2010. Click here to see our full write-up on the stock's surge today.
Star Scientific (Nasdaq: CIGX) 19% HIGHER; received notice from the US Patent and Trademark Office that it will issue an ex parte reexamination certificate.
Unify Corp. (NASDAQ: UNFY) 18.8% LOWER; reported Q3 EPS of $0.07, versus $0.18 last year. Revenue for the quarter came in at $12.4 million, versus $8.6 million last year. Sees FY2011 revenue of $46-$50 million.
99 Cents Only Stores (NYSE: NDN) 18.0% HIGHER; has received a "going private" proposal from members of the Schiffer/Gold family, together with Leonard Green & Partners, L.P.
for $19.09 per share in cash.
Euro Tech (Nasdaq: CLWT) 17.7% HIGHER; trading higher as a play on the Japan earthquake. The company makes advanced water treatment equipment and primarily distributes to sources in China.
Anika Therapeutics Inc. (Nasdaq: ANIK) 16.0% HIGHER; reported Q4 EPS of $0.10, versus $0.06 last year. Revenue for the quarter came in at $14.2 million, versus $9.9 million last year.
iGo (Nasdaq: IGOI) 14.4% LOWER; reports Q4 EPS of $0.01, versus $0.00 reported for the same period a year ago. Revenue for the quarter was $13.2 million, compared to $9.9 million in Q409.
PowerSecure International, Inc. (Nasdaq: POWR) 12.8% LOWER; reported Q4 EPS of ($0.03), $0.03 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $26.5 million versus the consensus estimate of $28.36 million.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
Energy Conversion Devices, Inc. (Nasdaq: ENER) 23.4% LOWER; announced that changes to government policies in France and Italy could impact sales by as much as 50%. Click here to see the full report. The entire solar sector is trading lower on the warning. The Claymore/MAC Solar Index ETF (NYSE: TAN) is down 2.5% today.
Medifast Inc. (NYSE: MED) 22.3% LOWER; late morning dip follow news that Medifast will be delaying their 2010 form 10-K. According to the company: "The delay in releasing results is due to additional time needed for the Company to review the recognition of certain expenses in prior periods."
Taylor Devices Inc. (Nasdaq: TAYD) 20.1% HIGHER; traders are playing the stock today amid the massive earthquake off the coast of Japan. Taylor Devices makes seismic dampers which are designed to ameliorate the effects of earthquake tremors on structures. However, the company is mainly focused on the US and Canada and has no sales in Japan. Sales to three customers were approximately 34% of net sales for 2010. Click here to see our full write-up on the stock's surge today.
Star Scientific (Nasdaq: CIGX) 19% HIGHER; received notice from the US Patent and Trademark Office that it will issue an ex parte reexamination certificate.
Unify Corp. (NASDAQ: UNFY) 18.8% LOWER; reported Q3 EPS of $0.07, versus $0.18 last year. Revenue for the quarter came in at $12.4 million, versus $8.6 million last year. Sees FY2011 revenue of $46-$50 million.
99 Cents Only Stores (NYSE: NDN) 18.0% HIGHER; has received a "going private" proposal from members of the Schiffer/Gold family, together with Leonard Green & Partners, L.P.
for $19.09 per share in cash.
Euro Tech (Nasdaq: CLWT) 17.7% HIGHER; trading higher as a play on the Japan earthquake. The company makes advanced water treatment equipment and primarily distributes to sources in China.
Anika Therapeutics Inc. (Nasdaq: ANIK) 16.0% HIGHER; reported Q4 EPS of $0.10, versus $0.06 last year. Revenue for the quarter came in at $14.2 million, versus $9.9 million last year.
iGo (Nasdaq: IGOI) 14.4% LOWER; reports Q4 EPS of $0.01, versus $0.00 reported for the same period a year ago. Revenue for the quarter was $13.2 million, compared to $9.9 million in Q409.
PowerSecure International, Inc. (Nasdaq: POWR) 12.8% LOWER; reported Q4 EPS of ($0.03), $0.03 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $26.5 million versus the consensus estimate of $28.36 million.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
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NO LIMIT FOR CCME
PHILLIP on Mar 11, 2011 02:32 PMMark as Spam
Great time to buy CCME after its been halted because of the pending news, which will boost the stock up to around 15.50 today and monday probably another 12 percent to put it back at its 50 day moving average.Slow socasitcs show a increase of around 22 percent in the following week.Time have come for the longs to triumph over the shorts .I would like to thank Global Headquarters for their investigation and great news on CCME .
Phillip Delope reporting analyst