Unusual 11 Midday Movers 12/29: (HOLI) (CRME) (IVAN) (AAU) Higher; (BLDP) (OPXT) (DECK) Lower
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Hollysys Automation Technologies (NASDAQ: HOLI) 15.5% HIGHER; Roth Capital today upgraded the company to a Buy rating and raised its price target on the stock from $9.50 to $10.
Cardiome Pharma (Nasdaq: CRME) 13.3% HIGHER; after testing and bouncing off the 200-day moving average late yesterday, shares are continuing higher today. The stock closed yesterday's session up nearly 7 percent.
Ivanhoe (Nasdaq: IVAN) 13.2% HIGHER; moving over the $1 level today. Prior to the move below this support level in late November, the stock had not been below $1 since early 2009.
Almaden Minerals (NYSE: AAU) 13.1% HIGHER; shares based their by passed their 200 day moving average of $2.17 per share and have continued to increase since then.
Cell Therapeutics, Inc. (Nasdaq: CTIC) 11.8% HIGHER; shares were able to break through a major resistance levels at $1.05 and $1.10.
Ballard Power Systems Inc. (Nasdaq: BLDP) 9.8% LOWER; shares have fallen back to levels prior to the company’s announcement that it signed a Letter of Intent with The City of Sao Paulo, Brazil for 25 FCvelocityTM-HD6 fuel cell modules to power 25 buses in that city. Delivery of the modules is planned for 2012. A final agreement with The City of Sao Paulo is now in negotiation.
Dex One (Nasdaq: DEXO) 9.2% HIGHER; seems to be breaking above resistance at $1.50 today. Volume is very heavy.
Opnext, Inc. (Nasdaq: OPXT) 8.6% LOWER; shares are down as management offered updated guidance related to the Thailand flooding. Click here to see the company’s new outlook.
Deckers Outdoor (Nasdaq: DECK) 7.2% LOWER; shares are holding below a technical level around $85 today. Shares are now flirting with the $80 level.
Groupon Inc. (Nasdaq: GRPN) 5.6% LOWER; shares may be down on rumors that the company may purchased startup Campfire Labs.
Endeavour (NYSE: END) 5.5% LOWER; giving back some gains following a 36 percent rise so far this week amid news of a purchase from Conoco.
Cardiome Pharma (Nasdaq: CRME) 13.3% HIGHER; after testing and bouncing off the 200-day moving average late yesterday, shares are continuing higher today. The stock closed yesterday's session up nearly 7 percent.
Ivanhoe (Nasdaq: IVAN) 13.2% HIGHER; moving over the $1 level today. Prior to the move below this support level in late November, the stock had not been below $1 since early 2009.
Almaden Minerals (NYSE: AAU) 13.1% HIGHER; shares based their by passed their 200 day moving average of $2.17 per share and have continued to increase since then.
Cell Therapeutics, Inc. (Nasdaq: CTIC) 11.8% HIGHER; shares were able to break through a major resistance levels at $1.05 and $1.10.
Ballard Power Systems Inc. (Nasdaq: BLDP) 9.8% LOWER; shares have fallen back to levels prior to the company’s announcement that it signed a Letter of Intent with The City of Sao Paulo, Brazil for 25 FCvelocityTM-HD6 fuel cell modules to power 25 buses in that city. Delivery of the modules is planned for 2012. A final agreement with The City of Sao Paulo is now in negotiation.
Dex One (Nasdaq: DEXO) 9.2% HIGHER; seems to be breaking above resistance at $1.50 today. Volume is very heavy.
Opnext, Inc. (Nasdaq: OPXT) 8.6% LOWER; shares are down as management offered updated guidance related to the Thailand flooding. Click here to see the company’s new outlook.
Deckers Outdoor (Nasdaq: DECK) 7.2% LOWER; shares are holding below a technical level around $85 today. Shares are now flirting with the $80 level.
Groupon Inc. (Nasdaq: GRPN) 5.6% LOWER; shares may be down on rumors that the company may purchased startup Campfire Labs.
Endeavour (NYSE: END) 5.5% LOWER; giving back some gains following a 36 percent rise so far this week amid news of a purchase from Conoco.
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