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Unusual 11 Mid-Day Movers 08/22: (PANL) (BONA) (NDN) Higher; (NWY) (DANG) (JST) Lower

August 22, 2011 1:24 PM EDT
NWY Hot Sheet
Overall Analyst Rating:
    BUY (Down Down)

EPS Growth %: +100.0%
New York & Co (NYSE: NWY) 20.9% LOWER; Piper Jaffray downgraded the stock from Overweight to Neutral, slashes price target from $10 to $3. NWY shares fell more than 20 percent on Friday of last week following inline quarterly results.

Universal Display (Nasdaq: PANL) 17.4% HIGHER; bouncing back over the $30 level this week.

Bona Film Group (Nasdaq: BONA) 14% HIGHER; bouncing off of $3.80 ish today. Notably, the stock has pushed above the 200-day SMA today.

E Commerce China Dangdang (Nasdaq: DANG) 13.6% LOWER; pushing below the $8 level for the first time since the company has been public. Shares fell 4 days in a row last week, kicked off by a 14 percent decline on Tuesday. The stock had been up the prior 3 sessions.

Jinpan (Nasdaq: JST) 13.3% LOWER; has pushed below a support level around $9 for the first time since early 2009. Volume is heavier than normal.

Allot Communications Ltd. (Nasdaq: ALLT) 11.5% HIGHER; after dropping below the $12.50 price level late last week, shares are once rebounding today.

99 Cents Only Stores (NYSE: NDN) 10.3% HIGHER; Apollo Group is nearing a competing takeover bid for 99 Cents Only the New York Post reported.

Triangle Petroleum Corp. (Nasdaq: TPLM) 9.6% LOWER; following crude lower today, as Libyan rebels continue increasing volatility in the energy market following this weekends attacks. Notably, CFO Samuels bought 10,000 shares last Friday.

E-House (China) Holdings (NYSE: EJ) 9.6% HIGHER; seems to be pushing over a technical level at around $6.50.

Hollysys (Nasdaq: HOLI) 9.4% HIGHER; pushing back to near the $5 level today. Shares plummeted nearly 20 percent on Friday of last week.

Eastman Kodak Co. (NYSE: EK) 9.2% LOWER; after seeing some life last week on the announcement of a patent sale, Eastman investors may be taking some profit on today's session.

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