2011 December

Stocks Up In After Hours Trading: RF, TER, PEIX, BIOF, ZGNX

Regions Financial Corp. (NYSE:RF) is up 1.18% in after hours trading at $4.29. RF traded 8.5 million shares today and trades 26 million shares a day on average. RF stock closed today down 2.75% on light volume. Regions followed the overall market down today as Euro worries continue to weigh heavily on the market. The company has a market cap of 5.34 billion. Maximize Your Trades With Profitly

Teradyne Inc. (NYSE:TER) is up 0.38% in after hours trading at $13.29. TER finished the day down 2.86% with 3 million shares traded. The company has a market cap of 2.44 billion.

Pacific Ethanol, Inc. (NASDAQ:PEIX) is up 0.87% in after hours trading at $1.16. PEIX finished the day strong today with gains of over 30% with 8.8 million shares traded. PEIX had been relatively quiet until this afternoon when volume poured in and the stock jumped from $0.90 to $1.15. The company has a market cap of 88.66 million.

BioFuel Energy Corp. (NASDAQ:BIOF) is up slightly in after hours trading today at $0.74. BIOF closed the day up 15% on above average volume with 2.2 million shares traded. The company has a market cap of 75.66 million. Maximize Your Trades With Profitly

Zogenix, Inc. (NASDAQ:ZGNX) is up 0.95% in after hours trading at $2.12. ZGNX got off to a good start today hitting an intraday high of $2.40 before settling back down around $2.10 at market close. ZGNX traded heavy volume today with 2.2 million shares traded, way above its daily average of 240 thousand shares.

Stocks Heading South Into Close: LIVE, MCP, ZAGG, MOTR, PARL, NSPH

LiveDeal, Inc. (NASDAQ:LIVE) is down 23.61% today at $3.17. LIVE has traded 136 thousand shares so far today, more than double its daily average. LIVE has lost about $2 a share since last Wednesday. The company has a market cap of 2.16 million.

Molycorp, Inc. (NYSE:MCP) is down 13.50% today at $24.22. MCP has traded 6.7 million shares today, 2 million more than its daily average. MCP stock is down today after JPMorgan lowered its price target for the stock to $39 from $57. The company has a market cap of 2.02 billion.

ZAGG Inc. (NASDAQ:ZAGG) is down 14.65% today at $6.70. ZAGG has traded 2 million shares so far today, well above its daily average of 944 thousand shares. The company has a market cap of 200.93 million. Take Advantage of Short Squeezes With Buy In Alerts

Motricity, Inc. (NASDAQ:MOTR) is down 10.68% today at $0.92. MOTR has traded 916 thousand shares so far today, 100 thousand shares more than its usual trading volume. The company has a market cap of 41.27 million.

Parlux Fragrances Inc. (NASDAQ:PARL) is down 9.76% today at $5.36. PARL has traded 720 thousand shares today, way above its daily average volume of 52 thousand shares. PARL is dipping today after jumping up more than $2 yesterday following news. The company has a market cap of 110.95 million. Take Advantage of Short Squeezes With Buy In Alerts

Nanosphere, Inc. (NASDAQ:NSPH) is down 9.80% today at $1.38. NSPH has traded 298 thousand shares so far today and trades on average 321 thousand shares. NSPH is dipping today after it bounced yesterday following FDA clearance for its bacterial infection test. The company has a market cap of 60.82 million.

Stocks Finishing Strong Into The Close: PRXI, ACAT, SQNS, DCTH, PIP, HDY

Premier Exhibitions, Inc. (NASDAQ:PRXI) is up 22.70% in late day trading at $2.27. PRXI has traded 573 thousand shares so far today, more than 10 times its daily average. PRXI really started to heat up today around 1pm. The company has a market cap of 107.18 million.

Arctic Cat Inc. (NASDAQ:ACAT) is up 20.27% today at $22.84. ACAT has traded 941 thousand shares so far today, well above its daily average of 115 thousand shares. ACAT jumped today on news the company is buying back stake from Suzuki Motor. The company has a market cap of 416.35 million.

Sequans Communications (NYSE:SQNS) is up 18% today at $2.95. SQNS has traded 859 thousand shares so far today, more than double its average. SQNS has recovered nicely today after being slightly negative in morning trading. The company has a market cap of 101.62 million.

Delcath Systems, Inc. (NASDAQ:DCTH) is up 9.84% in late day trading at $3.35. DCTH has traded 1.1 million shares so far today, well above its daily average of 523 thousand shares. DCTH is up today after its Ireland operations achieved ISO 13485 certification. The company has a market cap of 162.22 million.

PharmAthene, Inc. (AMEX:PIP) is up 6.96% today at $1.23. PIP has traded 283 thousand shares so far today and averages 473 thousand shares daily. The company has a market cap of 61.32 million.

HyperDynamics Corporation (NYSE:HDY) is up 5.86% today at $2.35. HDY has traded 5.5 million shares so far today, nearly double its daily average volume. Hyperdynamics announced earlier today they have resumed drilling off the coast of Guinea. The company has a market cap of 369.21 million.

Active Stocks In Midday Trading: DCTH, AIS, DMND, MCP, ZAGG, REE, PWAV

Delcath Systems, Inc. (NASDAQ:DCTH) is up 6.89% at $3.26 in midday trading. DCTH has traded 318 thousand shares so far today and trades 523 thousand shares a day on average. The company announced earlier today their Ireland Operations achieved ISO 13485 certification. The company has a market cap of 150.70 million.

Antares Pharma Inc. (AMEX:AIS) is up 9.14% at $2.15 today. AIS has traded 866 thousand shares so far today and averages 1.4 million shares daily. AIS is up more than $0.30 a share over the past few days. The company has a market cap of 219.44 million.

Diamond Foods, Inc. (NASDAQ:DMND) is up 6.23% at $30.36 in midday trading. DMND has traded 1.7 million shares so far today and trades 2.1 million shares a day on average. DMND is up $3 a share since last Thursday. The company has a market cap of 676.46 million.

Molycorp, Inc. (NYSE:MCP) is down 12.21% at $24.58 today. MCP has traded 4.5 million shares so far today, 500 thousand shares more than its daily average. Rare earth stocks have been heading lower following Chinese export quota report. JPMorgan also cut its estimates for Molycorp and has a neutral rating on the stock right now. The company has a market cap of 2.05 billion.

ZAGG Inc. (NASDAQ:ZAGG) is down 10.19% in midday trading today at $7.05. ZAGG has traded 771 thousand shares so far today and trades 944 thousand shares a day on average. ZAGG is down more than $3 share this month. The company has a market cap of 208.63 million.

Rare Element Resources Ltd. (AMEX:REE) is down 9.64% today at $3.28. REE has traded 715 thousand shares so far today and trades 787 thousand shares a day on average. REE is down as the Rare earth sector trades lower after news on Chinese quota. The company has a market cap of 144.25 million.

Powerwave Technologies Inc. (NASDAQ:PWAV) is down 8.64% today at $1.9950. PWAV has traded 259 thousand shares so far today and trades 650 thousand shares a day on average. The company has a market cap of 62.42 million.

Morgan Stanley Will Lay Off 580 Workers In New York

Morgan Stanley announced earlier this month they will cut 1,600 jobs. Of those 1,600, 580 of them will be in New York. The poor economy continues to hit the job market hard and banks are laying off worker as well. Morgan Stanley isn’t the only bank cutting jobs. Citigroup (NYSE:C) announced earlier this year that it would get rid of 4,500 jobs or about 1.5% of its worldwide work force.

Bank of America (NYSE:BAC) announced job cuts as well with 30,000 jobs cut over the next couple of years. Swiss bank, UBS, also announced 16,000 job cuts.

Morgan Stanley announced these specific job cuts in a filing today and the cuts will come from four of its New York locations. These layoffs account for about 2.6% of the company’s workforce. The company also said the lay offs will be company wide affecting all levels and will take place during the first three months of 2012.

Morgan Stanley (NYSE:MS) is currently trading down 2.42% at $14.92. MS is down on light volume today with only 7.1 million shares traded. The company trades 36.8 million shares a day on average.

NYSE Stocks Rallying In Early Trading: END, HDY, ZSL, CMM, FTK, SOL

Endeavour International Corporation (NYSE:END) is up 13.22% today at $8.99. END has traded 877 thousand shares so far today, more than double its daily average. END was upgraded by Rodman & Renshaw to outperform with a target price of $12.50. The company has a market cap of 333.51 million.

Hyperdynamics Corporation (NYSE:HDY) is up 10.81% this morning at $2.46. HDY has traded 2.6 million shares so far today and trades 3 million shares on average daily. Hyperdynamics announced this morning it has resumed drilling operations offshore Guinea. The company has a market cap of 381.72 million. Take Advantage of Short Squeezes With Buy In Alerts

ProShares UltraShort Silver (NYSE:ZSL) is up 8.77% today at $16.75. ZSL has traded 2.5 million shares so far today and averages 8.5 million shares daily. ZSL is up about $3 a share this month.

China Mass Media Corp. (NYSE:CMM) is up 10.53% today at $6.30. CMM has traded 234 thousand shares today, well above its daily average of just 10 thousand shares. CMM was the big bouncer yesterday when it bounced from the mid $1s to around $8 before settling back down around $6. The company has a market cap of 15.83 million.

Flotek Industries, Inc. (NYSE:FTK) is up 1.33% today at $10.30. FTK has traded 548 thousand shares so far today and averages 1.5 million shares a day. FTK stock gaped at open this morning at $10.55 on news that the company has entered into a repurchase agreement with the holders of the company’s 5.25% senior secured convertible notes due in 2028. The company has a market cap of 506.14 million. Take Advantage of Short Squeezes With Buy In Alerts

Renesola Ltd. (NYSE:SOL) is up 2.67% today at $1.54. SOL has traded 421 thousand shares today and trades 2.1 million shares daily on average. The company has a market cap of 133.70 million.

NASDAQ Gainers This Morning: ACAT, EMKR, LEDS, ZGNX, SWSH, ENOC

Arctic Cat Inc. (NASDAQ:ACAT) is up 22.64% this morning at $23.29. ACAT has traded 270 thousand shares so far today, double its daily average. Arctic Cat announced a cash buyback of 6.1 million class B shares from Suzuki Motor Corporation this morning. The company has a market cap of 439.03 million.

EMCORE Corporation (NASDAQ:EMKR) is up 26% in early trading at $1.09. EMKR has traded 1.8 million shares so far today, more than three times its daily average. EMKR posted a greater loss in the fourth quarter as floods in Thailand caused supply shortages. The company posted an EPS loss of $0.15 EMKR shares were down to $0.82 after hours yesterday, but have since recovered today. The company has a market cap of 103.21 million. Maximize Your Trades With Profitly

SemiLEDs Corporation (NASDAQ:LEDS) is up 20.77% today at $3.89. LEDS has traded 131 thousand shares so far today, already higher than its daily average of 91 thousand shares. LEDS stock is up nearly $1 a share since last Wednesday. The company has a market cap of 103.21 million.

Zogenix, Inc. (NASDAQ:ZGNX) is up 12.04% this morning at $2.14. ZGNX has traded 335 thousand shares so far today, 100 thousand more shares than its daily average. ZGNX stock has been trending higher since last Thursday when it was trading around $1.50. The company has a market cap of 142.10 million.

Swisher Hygiene Inc. (NASDAQ:SWSH) is up 6.75% in early trading at $3.48. SWSH has traded 132 thousand shares so far today and averages 807 thousand shares a day. The company has a market cap of 605.26 million. Maximize Your Trades With Profitly

EnerNOC, Inc. (NASDAQ:ENOC) is up 5.26% today at $10.60. ENOC has traded 215 thousand shares so far today and averages 326 thousand shares daily. ENOC stock is up about $1 since mid December. The company has a market cap of 277.15 million.

Stock Futures Strong on Italian Debt Auction. Stocks to Watch: AAPL, CSIQ, GOLD, ARMH, SNY, BAC

US futures were following news out of Europe this morning with Dow futures adding 23 points to 12,242. Nasdaq futures are also climbing, up 5.75 to 2,290. The S&P is rounding out the pre-market gains, up a modest 2.50 to 1,262.75.

All eyes are fixated on Europe this morning after short-term borrowing costs fell sharply in Italy. Their 6-month bond auction was deemed a success with yields dropping substantially. The two-year auction also saw strong interest. This could be a sign of the sovereign debt crisis easing in the EU, or it could be an outlier in what could be a another difficult year in 2012.

Economic data points from yesterday are helping to underpin equity movements. Consumer confidence numbers blew past expectations and buoyed hopes that the US would avoid a double dip recession in 2012.

Today’s data release schedule is sparse as investors gear up for the deluge of data set for release on Thursday. Jobless claim numbers, November housing and purchasing index out of Chicago are all slated for a Thursday AM release. Maximize Your Trades With Profitly

Asian markets were mostly lower overnight, though China did rebound off a 33-month low set in the previous trading session. There is increasing concern that the country is heading for a hard landing due to their cutbacks in infrastructure spending and overheating housing markets.

Europe is having a green day with the banking-heavy Stoxx 600 up half a percent. The FTSE MIB Italy Index is leading the charge among major indices, up half a percent in trading. Banking stocks are starting to recover in that index thanks to the successful bond auction.

While this is solid news for the markets at large, it has to be noted that this week has been held captive by extremely thin volume. The holidays are still in full-swing after Christmas as people gear up for New Years. A couple green days during a week like this does no mean a trend. Traders and Investors alike should watch for next week when everyone returns from vacation. Maximize Your Trades With Profitly

Stocks to watch today include Apple Inc. (NASDAQ:AAPL), Canadian Solar Inc. (NASDAQ:CSIQ), Randgold Resources Ltd. (NASDAQ:GOLD), ARM Holdings (NASDAQ:ARMH), Sanofli (NYSE:SNY) and Bank of America Corporation (NYSE:BAC)

Apple Inc. (NASDAQ:AAPL) is up 0.24% in pre market trading at $407.50. AAPL trades 16.6 million shares a day on average. AAPL has been trending up the latter half of December and has jumped from $380 to over $405. The company has a market cap of 377.83 billion.

Canadian Solar Inc. (NASDAQ:CSIQ) is up 8.15% this morning at $2.92. CSIQ trades 874 thousand shares a day on average. CSIQ may be looking to bounce today after falling more than $0.30 in the past two trading days. The company has a market cap of 117.33 million.

Randgold Resources Ltd. (NASDAQ:GOLD) is up 1.43% in pre market trading at $103.84. GOLD trades 656 thousand shares a day on average. GOLD stock took a 2% hit yesterday. The company has a market cap of 9.37 billion. Maximize Your Trades With Profitly

ARM Holdings (NASDAQ:ARMH) is up 2.47% in pre market trading at $27.78. ARMH trades 3.16 million shares a day on average. ARMH stock is up more than $1 a share over the past two weeks. The company has a market cap of 12.20 billion.

Sanofi SA (NYSE:SNY) is up 1.25% in pre market trading at $36.59. SNY trades on average 3.5 million shares a day. SNY has been trending slightly higher for the latter half of December and has moved up about $2 a share. The company has a market cap of 97.01 billion.

Bank of America Corp. (NYSE:BAC) is up 0.64% in pre market trading at $5.52. BAC has traded 446 thousand shares already this morning and averages 263.03 million shares a day. BAC stock has been trending upward ever since it dipped below $5 on Dec. 19. The company has a market cap of 55.54 billion.

Price of Gold Heads South, Thin Year-End Volume Blamed

Gold bugs are not closing out 2011 on a positive note. Futures continue their negative trend, down a third of percent in overnight trading. If this price action holds overnight, gold prices are extremely close to correction territory, off nearly 9% in less than a month.

The decline in gold can be attributed to better than expected economic numbers emerging from the US. It should be noted that this is not slowing down physical gold purchases on a local level. Those continue at a brisk pace as the average investor looks to hedge against the possibility of QE3. There is also their fear of an economic collapse that plays into their purchasing habits.

Other precious metals dropped with gold with silver leading the decline. Silver prices continue their march below the $30 threshold. Palladium is also dropping nearly half a percent in overnight futures trading. Learn Options Trading The Easy Way

The DXY’s strengthening has also played a role in the price declines of precious metals. A strengthening dollar nearly always has an adverse impact on the metal.

While the trend for gold has become negative in the past few weeks it should pick up when traders return from a long holiday. It is not like Europe has been fixed and the US government situation is dysfunctional at best. The likelihood of further monetary easing is still there as the US inches closer to the 2012 election cycle. Definitely a space for traders to watch in the coming weeks.

Stocks Down In After Hours: CAVM, ARIA, IGT, CCM, CLWR, EBAY

Cavium, Inc. (NASDAQ:CAVM) is down 5.23% in after hours trading at $26.99. CAVM traded 589 thousand shares today and trades 1.1 million shares a day on average. CAVM is down in after hours after the company’s outlook for fourth quarter revenue fell short of expectations. The company has a market cap of 1.40 billion.

Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) is down 2.96% in after hours trading at $12.13. ARIA traded 4.1 million shares today, nearly a million more than its daily average. ARIA stock closed the day 6.47% higher. The company has a market cap of 1.66 billion. Short Sell Your Way to Profits

International Game Technology (NYSE:IGT) is down 4.72% in after hours trading at $16.55. IGT traded more than double its daily average with 6.1 million shares traded. IGT finished the day up nearly 5%. A lot of gaming companies saw gains today following a positive ruling on internet gambling from the Department of Justice. The company has a market cap of 5.17 billion.

Concord Medical Services Holdings Limited (NYSE:CCM) is down 8.52% in after hours trading at $2.79. CCM traded 115 thousand shares today, well above its daily average of 29 thousand shares. The company has a market cap of 144.73 million.

Clearwire Corporation (NASDAQ:CLWR) is down 2.97% in after hours trading at $1.96. CLWR traded 6.3 million shares today and trades 13 million shares a day on average. The company has a market cap of 504.40 million. Short Sell Your Way to Profits

eBay Inc. (NASDAQ:EBAY) is down 2.52% in after hours trading at $30.14. EBAY traded 3.4 million shares today and averages more than 10 million on any given day. The company has a market cap of 39.92 billion.

After Hours Gainers: REE, LTBR, ZAGG, STP, RSH, RGC

Rare Element Resources Ltd. (AMEX:REE) is up 6.86% in after hours trading at $3.88. REE traded 655 thousand shares today and trades 807 thousand shares a day on average. REE stock is down about $0.40 over the past five trading days. The company has a market cap of 160.07 million.

Lightbridge Corporation (NASDAQ:LTBR) is up 5.94% in after hours trading at $2.14. LBTR traded 51 thousand shares today. LTBR stock is down slightly over the past few days. The company has a market cap of 25.10 million. Maximize Your Trades With Profitly

ZAGG inc. (NASDAQ:ZAGG) is up about 1% in after hours trading at $7.90. ZAGG has traded 951 thousand shares and averages 961 thousand shares a day. The company announced earlier today that Horizons Ventures purchased a $3 million stake in HzO which ZAGG also owns a stake in. The company has a market cap of 232.63 million.

Suntech Power Holdings Co. Ltd. (NYSE:STP) is up 2.30% in after hours trading at $2.22. STP traded 1.7 million shares today and usually trades 3.9 million shares daily. Sempra’s Mesquite Solar Plant, which uses Suntech solar panels, started producing power in Arizona. The company has a market cap of 391.80 million.

RadioShack Corp. (NYSE:RSH) is up 3.26% at $9.81. RSH has traded 2.2 million shares today with a daily average volume of 2.7 million shares. RadioShack shares finished down 3.16% today. The company has a market cap of 948.45 million. Maximize Your Trades With Profitly

Regal Entertainment Group (NYSE:RGC) is up 3.70% in after hours trading at $12.33. RGC traded 2.9 million shares. RGC stock has been in a bit of a downtrend the past few trading days. The company has a market cap of 1.83 billion

Stocks In The Red Heading Into Close: ZLCS, TWER, USU, WAG, EGO, WHR

Zalicus Inc. (NASDAQ:ZLCS) is down 9.77% in late trading at $1.20. ZLCS has traded 833 thousand shares so far today and averages 1 million shares daily. ZLCS is dipping today after it bounced about $0.15 last Wednesday and Thursday. The company has a market cap of 118.40 million.

Towerstream Corporation (NASDAQ:TWER) is down 7.92% today at $2.21. TWER has traded 423 thousand shares so far today and trades 510 thousand shares a day on average. TWER is trending downward after the stock rose from $1.90 to $2.50 earlier this month. The company has a market cap of 118 million. Short Sell Your Way to Profits

USEC Inc. (NYSE:USU) is down 6.20% today at $1.1350. USU has traded 1.5 million shares so far today and trades 2 million shares a day on average. The company has a market cap of 139.07 million.

Walgreen Co. (NYSE:WAG) is down 5.49% today at $33.40. WAG has traded 9.8 million shares so far today, about a million shares more than its daily average. Analysts recently lowered earnings estimates for Walgreen. The company has a market cap of 29.37 billion.

Eldorado Gold Corp. (NYSE:EGO) is down 5.55% late this afternoon at $13.52. EGO has traded 2.1 million shares so far today and trades 3.6 million shares a day on average. EGO stock is seeing a pullback today after rallying late last week from $13.40 to over $14.20. The company has a market cap of 7.46 billion. Short Sell Your Way to Profits

Whirlpool Corp. (NYSE:WHR) is down 8.65% at $46.72 today. WHR has traded 3.6 million shares so far today, nearly double its daily average. WHR stock is following Sears down today after Sears announced it will close up to 120 stores. The company has a market cap of 3.58 billion.

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