Hot Stocks to Watch: ROSG, PSUN, KERX, RDN, GDP, AEO, AMRS

investment newsAfter 12 negative sessions out of 13, stocks are trying to mount a comeback. Of course they are doing this without facebook, which is obviously suffering a from a lack of ‘likes’ on the day. Most of the rally is due to the market being technically oversold, but most analysts agree that there needs to be a major catalyst to give the rally legs. Facebook was to provide that, but the over-hyped social network has so far crashed and burned on an epic scale.

The markets are getting a respite from Europe today which is helping the bulls’ cause. The lack of horrible news is seen as good news for the day which is helping the market maintain its gains. The G8 statement over the weekend also gave the bulls cover, even if the statement was nothing but political fluff without any real teeth as to action. Sign Up For Free Alerts

A quick check of the markets has the Dow up 95, the Nasdaq 35 and the S&P 14. [Read more...]

Hot Stocks to Watch: PSUN, ROSG, BWS, FL, CRM, KITD

Wall StreetWall Street is looking for some facebook likes as the IPO for the social network giant looms. Many are hoping the IPO will snap the losing streak that has sent the markets tumbling in the wake of EU woes. One analysts with Charles Schwab tried to add a patriotic component to the IPO saying it was a dream of a company that became a reality. Probably a bit over the top but expect interest in the stock to be at a fever pitch today.

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Europe’s woes are continuing today, but to a lesser extent. Shares of Spanish banks are rebounding after they asked the government to reinstate the short selling ban on domestic institutions. History has shown this to be a temporary reprieve and then the stocks inevitably head lower. Greek elections still loom large so while we may get a break today with facebook, the problems are still there and will persist.

Currently the three major US indices are essentially flat. The Dow is up 15, the Nasdaq 2 and the S&P is adding 2 points. [Read more...]

NASDAQ Stocks Slipping In Early Trading: FLML, VRA, YONG, GALE, KITD, PSUN

NASDAQ Screen at Times SquareFlamel Technologies S.A. (NASDAQ:FLML) is trading down 18.12% today at $6.28. FLML has traded 512 thousand shares so far today, well above its daily average of 157 thousand shares. Flamel Technologies announced acquistion of Eclat Pharmaceuticals late yesterday. The company has a market cap of 153.66 million.

Vera Bradley, Inc. (NASDAQ:VRA) is down 9.32% this morning at $33.68. VRA has traded 2.7 million shares so far today, more than 4 times its average volume. Vera Bradley announced fourth quarter earnings increased 41% thanks to surging sales. Shares of the company are down though due to a cautious forecast. The company has a market cap of 1.36 billion. [Read more...]

Stocks In The Green This Morning: DMAN, AFFY, CEDC, PSUN, DANG, PEIX

The stock market is lower this morning as investors keep a close eye on Europe ahead of their EU summit on Friday. Today the ECB cut a key interest rate down to 1%, but said there is no plan for large scale government bond purchases. Some good news from the jobs market has helped the markets not sell off as much. Jobless claims fell to a 9-month low last week as weekly applications dropped by 23,000 to a seasonally adjusted 381,000.

The Dow is down 66.72 points today, the Nasdaq is down 16.64 points and the S&P is down 10.30 points. Here’s six stocks well into the green so far this morning.

DemandTec, Inc. (NASDAQ:DMAN) is up 55.28% this morning at $13.09. DMAN has traded 13.6 million shares so far today, well above its daily average of just 265 thousand shares. DMAN is up today after IBM said it plans to buy DMAN for $440 million in cash. DemandTec has a market cap of 436.03 million.

Affymax, Inc. (NASDAQ:AFFY) is up 35.03% this morning at $7.91. AFFY has traded 8.2 million shares so far today, more than 10 times its daily average. AFFY stock is soaring this morning after a government panel voted 15-1 to recommend U.S. approval for the company’s anemia drug. AFFY has jumped more than $2.50 a share over the past five trading days. The company has a market cap of 274.05 million.

Central European Distribution Corp. (NASDAQ:CEDC) is up 17.03% today at $5.98. CEDC has traded 1.7 million shares so far this morning and trades 2.5 million shares a day on average. CEDC is up today after Russian Standard Vodka offered to buy another 19.9% stake in the company. Central European Distribution has a market cap of 422.63 million.

Pacific Sunwear of California Inc. (NASDAQ:PSUN) is up 25.19% this morning at $1.69. PSUN has traded 2.2 million shares so far today, more than 4 times its daily average. PSUN announced it will be closing up to 200 under performing stores across the U.S. The company also announced it will get a five year, $60 million secured-term loan from Golden Gate Capital. Pacific Sunwear has a market cap of 107.48 million.

E Commerce China Dangdang Inc. (NYSE:DANG) is up 10.75% at $5.14 this morning. DANG has traded 985 thousand shares so far today and trades 1.9 million shares on average. The company has a current market cap of 400.31 million.

Pacific Ethanol Inc. (NASDAQ:PEIX) is up 5.51% today at $1.34. PEIX has traded 2.2 million shares so far today and trades 8.3 million shares a day on average. Over the past four trading days, PEIX has fallen from $1.60 to below $1.25. Pacific Ethanol has a market cap of 102.08 million.

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