Stocks Rallying In Midday Trading: PARL, SGMS, SSN, CMM, RIMM, TAT

Parlux Fragrances Inc. (NASDAQ:PARL) is up 74.35% today at $6.05. PARL stock is up today on news that Perfumania will buy Parlux for $170 million. PARL has traded 1.2 million shares so far today, well above its daily average of 27 thousand shares. The company has a market cap of 122.75 million.

Scientific Games Corporation (NASDAQ:SGMS) is up 13.41% in midday trading at $9.30. SGMS has traded 666 thousand shares so far today, above its daily average of 524 thousand shares. SGMS is up about $1.30 a share over the past few days. The company has a market cap of 855.95 million. Maximize Your Trades With Profitly

Samson Oil & Gas Limited (AMEX:SSN) is up 10.10% today at $2.18. SSN has traded 1.6 million shares so far today, more than twice its daily average. SSN filed an 8-K today. The company has a market cap of 193.31 million.

China Mass Media Corp. (NYSE:CMM) is down 74% today at $6.22. CMM previously closed at $23.66. CMM began trading a little after market open around the $1.60s and quickly shot up to nearly $8. There was no news catalyst that I could find today, but traders have been all over this earlier today. The company has a market cap of 14.73 million.

Research In Motion Limited (NASDAQ:RIMM) is up 6.14% in midday trading at $14.77. RIMM has traded 19.3 million shares so far today and trades 23 million shares a day on average. RIMM has jumped more than $2 a share over the past five trading days. The company has a market cap of 7.62 billion. Maximize Your Trades With Profitly

TransAtlantic Petroleum Ltd. (AMEX:TAT) is up 5.08% today at $1.24. TAT has traded 1.2 million shares so far today, well above its daily average of 1 million shares. TAT stock is up nearly $0.20 since Friday. The company has a market cap of 453.51 million.

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Danny is the old hat at Active Investor. One of the been around the block a few times traders, his main focus is on overall market conditions. Be it some new merger talk or Washington being Washington, you can expect Danny will be on top of it.
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