AMEX:RTK

Stocks Bouncing Despite Down Market: LCAV, PRAN, HDY, FTK, REE, RTK, UNIS

LCA-Vision Inc. (NASDAQ:LCAV) is up 25% this morning at $3.85. LVAV is up on above average volume with 148 thousand shares traded so far today, well above its daily average 84 thousand shares. LCA-Vision reported 30% increase in fourth quarter 2011 procedures this morning. The company has a market cap of 71.63 million.

Prana Biotechnology Ltd. (NASDAQ:PRAN) is up 10.27% at $1.61 in early trading. PRAN has traded 429 thousand shares so far today, more than four times its average volume. Prana Biotechnology announced today it has received approval from the FDA to start recruiting patients for the company’s first clinical trail using PBT2 in patients with Huntington’s Disease. The company has a market cap of 45.42 million.

Hyperdynamics Corporation (NYSE:HDY) is up 9.26% today at $2.95. HDY has traded 2.2 million shares so far this morning and trades 3.1 million shares a day on average. HDY has been trending up so far in the new year, moving from nearly $0.80 in the past three trading days. The company has a market cap of 458.38 million.

Flotek Industries Inc. (NYSE:FTK) is up 10.46% in early trading at $11.62. FTK has traded 1.7 million shares so far today, above its daily average of 1.5 million shares. FTK is up more than $1 a share over the past four days. The company has a market cap of 569.17 million.

Rare Element Resources Ltd. (AMEX:REE) is up 6.46% this morning at $3.79. REE has traded 804 thousand shares so far today after the company announced 38% increase of M & I rare-earth mineral resources at Bear Lodge. REE trades 791 thousand shares a day on average. The company has a market cap of 167.12 million.

Rentech, Inc. (AMEX:RTK) is up 3.82% today at $1.36. RTK has traded 400 thousand shares this morning and trades 3.1 million shares a day on average. Rentech announced this morning it will provide a bridge loan of up to $40 million to Rentech Nitrogen Partners. The company has a market cap of 304.04 million.

Unilife Corporation (NASDAQ:UNIS) is up 12.65% in early trading at $3.65. UNIS has traded 200 thousand shares so far today and trades 290 thousand shares on average daily. UNIS is up more than $0.50 a share since yesterday. The company has a market cap of 226.40 million.

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