Unusual 11 Mid-Day Movers 09/16: (PNSN) (MELA) (CGA) Higher; (RIMM) (USAT) (SCOK) Lower
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Penson Worldwide (Nasdaq: PNSN) 23.4% HIGHER; the stock popped sharply just after 1pm ET. Volume spiked, however we are not hearing any company-specific news which would be moving the stock.
Research In Motion Ltd (Nasdaq: RIMM) 19.1% LOWER; reported Q2 EPS of $0.80, 7 cents worse than the analyst estimate of $0.87. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.47 billion. Shipped 10.6 million BlackBerry's during the quarter. Sees Q3 2012 EPS of $1.20 to $1.40, versus the consensus of $1.36. Sees Q3 2012 revenue of $5.3 billion to $5.6 billion, versus the consensus of $5.27 billion. Sees FY12 adjusted EPS toward the low-end of its previously issued range. The stock was downgraded at three firms this morning.
MELA Sciences (Nasdaq: MELA) 18.1% HIGHER; stock jumping over a resistance level around $3 this morning. Volume is very heavy.
USA Technologies (Nasdaq: USAT) 16.1% LOWER; the stock seems to be selling off after falling below a technical level at the 200-day moving average. Volume is very heavy today.
China Green Agriculture (NYSE: CGA) 15.4% HIGHER; technicians appear to be all over the stock today. Shares spiked higher as the stock tested the 200-day moving average, then again as shares pushed over a resistance level
SinoCoking (Nasdaq: SCOK) 14.2% LOWER; following Q4 results on Wednesday evening and ensuing 4 percent rise in the stock yesterday, traders are selling today as the stock could not hold above a support level over the 200-day moving average.
Diamond Foods, Inc. (Nasdaq: DMND) 14.1% HIGHER; reported Q4 EPS of $0.52, 8 cents better than the analyst estimate of $0.44. Revenue for the quarter came in at $232.8 million versus the consensus estimate of $216.34 million. Diamond sees FY2012 EPS of $3.05 to $3.15, versus prior guidance of $3.00 to $3.10 and the consensus of $3.10. Diamond sees FY2012 revenue of $1.85 to $1.95 billion, versus the consensus of $1.87 billion.
BSQUARE Corp. (Nasdaq: BSQR) 13.5% HIGHER; announced an agreement with Datalight permitting BSQUARE to distribute Datalight products in Korea and China. BSQUARE already distributes select Datalight products in North America and Taiwan.
China North East Petroleum Holding Limited (NYSE: NEP) 11.8% LOWER; correcting today following sharp upside this week. The stock is up more than 43% this week alone.
RPX Corporation (Nasdaq: RPXC) 10.4% HIGHER; today announced the pricing of its follow-on offering of 3,000,000 shares of its common stock at $20.49 per share. RPX will sell 1,400,000 shares and selling stockholders will sell the remaining 1,600,000 shares in the offering. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 450,000 shares of common stock from the selling stockholders.
Patriot Coal Corporation (NYSE: PCX) 9.9% LOWER; updates on third-quarter 2011 production. Due primarily to geological issues impacting the Company's two longwall mines, as well as the early closure of a thermal mine, production in the third quarter is expected to be down approximately 450,000 tons.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
Research In Motion Ltd (Nasdaq: RIMM) 19.1% LOWER; reported Q2 EPS of $0.80, 7 cents worse than the analyst estimate of $0.87. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.47 billion. Shipped 10.6 million BlackBerry's during the quarter. Sees Q3 2012 EPS of $1.20 to $1.40, versus the consensus of $1.36. Sees Q3 2012 revenue of $5.3 billion to $5.6 billion, versus the consensus of $5.27 billion. Sees FY12 adjusted EPS toward the low-end of its previously issued range. The stock was downgraded at three firms this morning.
MELA Sciences (Nasdaq: MELA) 18.1% HIGHER; stock jumping over a resistance level around $3 this morning. Volume is very heavy.
USA Technologies (Nasdaq: USAT) 16.1% LOWER; the stock seems to be selling off after falling below a technical level at the 200-day moving average. Volume is very heavy today.
China Green Agriculture (NYSE: CGA) 15.4% HIGHER; technicians appear to be all over the stock today. Shares spiked higher as the stock tested the 200-day moving average, then again as shares pushed over a resistance level
SinoCoking (Nasdaq: SCOK) 14.2% LOWER; following Q4 results on Wednesday evening and ensuing 4 percent rise in the stock yesterday, traders are selling today as the stock could not hold above a support level over the 200-day moving average.
Diamond Foods, Inc. (Nasdaq: DMND) 14.1% HIGHER; reported Q4 EPS of $0.52, 8 cents better than the analyst estimate of $0.44. Revenue for the quarter came in at $232.8 million versus the consensus estimate of $216.34 million. Diamond sees FY2012 EPS of $3.05 to $3.15, versus prior guidance of $3.00 to $3.10 and the consensus of $3.10. Diamond sees FY2012 revenue of $1.85 to $1.95 billion, versus the consensus of $1.87 billion.
BSQUARE Corp. (Nasdaq: BSQR) 13.5% HIGHER; announced an agreement with Datalight permitting BSQUARE to distribute Datalight products in Korea and China. BSQUARE already distributes select Datalight products in North America and Taiwan.
China North East Petroleum Holding Limited (NYSE: NEP) 11.8% LOWER; correcting today following sharp upside this week. The stock is up more than 43% this week alone.
RPX Corporation (Nasdaq: RPXC) 10.4% HIGHER; today announced the pricing of its follow-on offering of 3,000,000 shares of its common stock at $20.49 per share. RPX will sell 1,400,000 shares and selling stockholders will sell the remaining 1,600,000 shares in the offering. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 450,000 shares of common stock from the selling stockholders.
Patriot Coal Corporation (NYSE: PCX) 9.9% LOWER; updates on third-quarter 2011 production. Due primarily to geological issues impacting the Company's two longwall mines, as well as the early closure of a thermal mine, production in the third quarter is expected to be down approximately 450,000 tons.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
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