AMEX:VRNG

Hot Stocks Rallying in Early Trading: SCLN, ECYT, AMRN, VRNG, RAD, LSI, FIO

Stocks are up some this morning one day after the Dow rallied over 200 points. Most banks are continuing to rise today after the Fed announced that most major banks passed its stress test yesterday with Citigroup (NYSE:C) being a notable exception. Goldman Sachs (NYSE:GS) is trading lower today after an op-ed article ran in the New York Times from Greg Smith, former Goldman executive, on why he is leaving the company.

The Dow is currently up 36 points, the Nasdaq is up 6 points and the S&P 500 is up 1 point. [Read more...]

Midday Movers: SCEI, ALSK, GALE, VRNG, AMRN, FCEL

list of nasdaq stocksStocks are trading negative in midday trading due to lack of economic news and the upcoming weekend. Traders usually close positions before the weekend to avoid any kind of breaking news that could affect the market on Monday. The Dow is trading down 27 points, the Nasdaq is down 10 points and the S&P 500 is down 5 points.

Sino Clean Energy Inc. (NASDAQ:SCEI) is up 34.43% in midday trading at $2.8310. SCEI has traded 4.8 million shares so far today, well above its daily average of 416 thousand shares. SCEI shares have jumped nearly 100% over the past two trading days. Sino Clean continues to go higher after news on March 1 about their finances. The company has a market cap of 66.74 million. [Read more...]

Market Turns Negative In Early Trading: VRNG, FFN, VRTX, RSH, MNKD, GNTX

Stocks are turning negative today after starting the day in the green. Disappointing economic news is the main contributor to the downward turn. Home prices fell for the third straight month. The Standard & Poor’s/Case-Shiller home-price index shows prices keeps track of home prices in 20 different cities. 19 of the 20 cities saw prices drop in November with the biggest drops happening in Atlanta, Chicago and Detroit. Phoenix was the only city to see an increase in prices. Consumer confidence and business activity in the Midwest also fell last month. Taking a look at the market right now; the Dow is down 60 points, the Nasdaq is down 7 points and the S&P 500 is down 4 points. Jason Bond’s strategy has made over $156,000 in 10 months, isn’t it time you join him?

Vringo, Inc. (AMEX:VRNG) is up 35.38% today at $1.5704. VRNG has traded 1.8 million shares this morning, way above its daily average of 64 thousand shares. VRNG shares are jumping today after the company announced the launch of a new version of Facetones customized for latest Nokia mobile devices. The company has a market cap of 9.84 million.

FriendFinder Networks Inc. (NASDAQ:FFN) is up 21.71% today at $1.2901. FFN has traded nearly 3 million shares so far today, more than 10 times its daily average. A lot of social media stocks have been trending higher the past few days due to reports of a Facebook IPO. The company has a market cap of 39.65 million.

Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) is up 8.81% this morning at $37.80. VRTX has traded 5.8 million shares so far today, close to double its daily average. VRTX shares are jumping today on news that the FDA approved Vertex’s cystic fibrosis treatment Kalydeco. The company has a market cap of 7.74 billion.

Radioshack Corporation (NYSE:RSH) is down 28.74% in early trading at $7.28. RSH has traded nearly 30 million shares today, more than 10 times its daily average. RSH shares took a nose dive following a disappointing fourth quarter earnings forecast. Radioshack is forecasting earnings of around $0.12, while Wall Street was expecting $0.37 a share. The company has a market cap of 727.81 million. Jason Bond’s strategy has made over $156,000 in 10 months, isn’t it time you join him?

MannKind Corporation (NASDAQ:MNKD) is down 13.85% today at $2.7310. MNKD has traded 1.3 million shares so far today, about double its daily average. MNKD shares are falling today as the company announces public offering of $50 million in common stock and warrants. The company has a market cap of 336.43 million.

Gentex Corporation (NASDAQ:GNTX) is down 10.03% today at $27.10. GNTX has traded 2.2 million shares so far today, well above its daily average of 753 thousand shares. GNTX shares are lower right now as the company missed fourth quarter earnings estimates by $0.02. The company has a market cap of 3.93 billion.

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