Unusual 11 Mid-Day Movers 01/05: OPXA, GCFB, LCAV, XING, STLY, WWWW Higher; TSTY, RPC, TRID, CHGS, MTSN Lower

January 5, 2011 12:47 PM EST
Opexa Therapeutics, Inc. (Nasdaq: OPXA) 64.7% HIGHER; announced the successful completion of two separate meetings with the FDA regarding the Company’s planned development program for Tovaxin. The company said bsed on positive feedback from the FDA, Opexa believes it is now positioned from a regulatory perspective to advance with a pivotal Phase 3 clinical study of Tovaxin in MS.

Granite City Food And Brewery Ltd. (Nasdaq: GCFB) 51% HIGHER; shares are up over 290% since the company announced $19 million in new funding on December 28, 2010. The last time shares have been at this price level was June 2007, over 3.5 years ago.

Tasty Baking Co. (Nasdaq: TSTY) 35.9% LOWER; announced preliminary Q410 data. Lowered their estimates for run rate savings from $14 million to $10 million. Also said that they have "retained Janney Montgomery Scott LLC as its financial advisor to assist the Company in its evaluation of various possible financial and strategic options including refinancing the Company’s long-term debt due in September 2012, raising additional capital, a potential combination with another company as part of the consolidation occurring in the baked goods industry or a potential sale of the Company."

LCA-Vision Inc. (Nasdaq: LCAV) 31.4% HIGHER; though they reported an overall drop in procedures during Q410, same-store procedures increased 6%.

Qiao Xing Universal Resources, Inc. (Nasdaq: XING) 21.3% HIGHER; announced that their subsidiary has acquired a 34.53% equity interest in Chifeng Aolunhua Mining Co., Ltd. The acquisition was made for a price of $28 million.

Stanley Furniture Co. (Nasdaq: STLY) 20.4% HIGHER; Raymond James upgrades from Market Perform to Strong Buy, with a $5.50 price target.

Radient Pharmaceuticals Corporation (AMEX: RPC) 16.2% LOWER; shares pulling back following a 29.5% close higher yesterday as investors and traders take profit. Radient shares have traded in a range from $0.20 to $2.59 over the last 52-weeks.

Trident Microsystems, Inc. (Nasdaq: TRID) 14.1% LOWER; after the market closed yesterday, Trident lowered their Q410 revenue outlook. Click here for more color. Group, Inc. (Nasdaq: WWWW) 13.7% HIGHER; upgraded by Piper Jaffray from Neutral to Overweight, with a $13 price target.

China GengSheng Minerals, Inc (Nasdaq: CHGS) 12.4% LOWER; announced that they have priced 2.5 million in several registered direct offerings at $4 per share, an 8.5% discount to yesterday's closing price of $4.37.

Mattson Technology Inc. (Nasdaq: MTSN) 11.3% LOWER; after the market closed yesterday, Mattson cut their Q410 outlook. Shares were downgraded by Craig-Hallum from Buy to Accumulate, with a $3 price target.

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