Send to a Friend Share

Unusual 11 Mid-Day Movers 07/12: (RADS) (FTWR) (SYMX) Higher; (JVA) (TREX) (MCHP) Lower

July 12, 2011 1:12 PM EDT
RADS Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Radiant Systems (Nasdaq: RADS) 30.4% HIGHER; NCR to acquire Radiant for $28 per share.

Coffee Holdings (Nasdaq: JVA) 19.7% LOWER; the stock is finally correcting today following six straight sessions of upside, over which time the stock rose about 68 percent.

FiberTower (Nasdaq: FTWR) 16.1% HIGHER; continuing a very volatile run this week. After gaining more than 30 percent to start last week's session, the stock sold of by more than 11 percent over Friday and Monday's trading sessions.

Synthesis Energy (Nasdaq: SYMX) 15.8% HIGHER; has pushed back over the 200-day SMA today, and appears to have held the $2 level. Shares are now flirting with a technical level at $2.50.

Trex (Nasdaq: TREX) 14.5% LOWER; lowers its Q2 sales guidance from about $115 million to about $78 million. The Street is looking for quarterly revenue of $114 million.

Clean Energy Fuels Corp. (Nasdaq: CLNE) 14.3% HIGHER; Chesapeake Energy Corporation (NYSE: CHK) is investing $150 million in Clean Energy. This morning the stock was upgraded at Northland Securities.

General Maritime (NYSE: GMR) 14.3% HIGHER; after falling as much as 41 percent since the beginning of June, the stock seems to be bouncing off a support level around $1.05.

Microchip Technology (Nasdaq: MCHP) 13.8% LOWER; sees Q1 sales down about 1.5 percent compared to sales during Q4. The company previously guided sales up 1 to 6 percent on a quarter-over-quarter basis. Adjusted EPS guidance moves from 58 - 62 cents to 53 - 55 cents. The Street is looking for Q1 EPS of 60c.

RXi Pharmaceuticals Corp. (Nasdaq: RXII) 13.7% HIGHER; pushing through the $1.30 - $1.35 price level on stronger volume. About 2.7 million shares have traded hands today, nearly double the trailing three-month daily average.

Trina Solar Limited (NYSE: TSL) 13.6% LOWER; announces the following Board and management changes. Peter Mak, an independent director and chairman of the audit committee of the Company, has resigned from the Company's board of directors and audit committee effective July 10, 2011 to focus on other personal and professional pursuits.

Adolor (Nasdaq: ADLR) 13.5% LOWER; over the last two weeks of trading, the stock has only closed in negative territory once, adding about 45 percent to market value over this span.The stock could not break above a resistance level around $2.75 yesterday.

To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.

You May Also Be Interested In


Related Categories

Special Reports

Related Entities

Unusual 11 Mid-Day Movers, Northland Securities

Add Your Comment





Follow StreetInsider.com On Twitter