BIDU traded up almost 6% on Wednesday after reporting quarterly earnings that raced past subdued expectations. The stock, which opened at $60 even, ended up the day at $54.73. Volume was extremely heavy, with over 5.6 million shares changing hands, compared to a normal daily average of 857k. The stock is still well of its […]
MOVI skyrocketed on Wednesday, trading up over 17% to close at $3.56 after rumors surfaced that the company may be a takeover target. Rumors are circulating that the company may pursue a LBO. The high short interest in the stock contributed to the move on Wednesday, as there is a huge short position in the […]
SPEX caught our attention on Friday, and now we are mentioning it to readers of this site as it looks like it may set up to be an interesting play next week. We like the price action and volume. SPEX closed at $2.88 on Friday, up over 68 cents on the day, or up 34%. […]
OATS turned in a strong day on Thursday, trading up over 17% to close at $17.21 after turning in a Q4 earnings report that pleased the market. In the process, the stock set a new 52 week high of $17.60 (previous 52 week high was $15.65). Volume was massive, with over 6 million shares changing […]
XMSR had a rough day on Thursday, trading down over 5% to close at $23.98 after reporting a Q4 loss and announcing that one of their directors had resigned. Volume was extremely high, with over 33 million shares changing hands, compared to a normal daily average volume of 6 million shares. The stock is trading […]
ITRI roared on Wednesday, trading up over 16% to close at $59.16 after reporting Q4 earnings that were well-received by the market. Volume was extremely high, with over 3.3 million shares changing hands, compared to a normal daily average of 436k. The stock destroyed its old 52 week high of $53.90, and set a new […]
ASYS’s shareholders were treated to a surprise on Wednesday, after the company reported Q1 earnings that were looked upon favorably by the market. The stock ringed up a 10% gain on the day, closing at $9.15 on fairly strong volume for the stock (197k shares traded versus 25k average.) Helping the move was the fact […]
CNVR had a strong day on Wednesday, trading up over 19% to close at $9.35 after announcing that they had signed their first customers to use their Excalibur Search Technology. While still well off of its 52 week high of $20.20, this news should energize CNVR’s shareholder base, and I wouldn’t be surprised to see […]
IVIL had a strong day on Monday, trading up over 11% to close at $7.72 after announcing earnings that pleased Wall Street. Wall Street analysts were especially jazzed by the company’s revenue growth, as IVIL secured a number of prominent advertisers for their sites. Volume was heavy, with over 5 million shares changing hands, compared […]
RNWK had a strong day on Monday in anticipation of their quarterly earnings report, as investors bought up stock reasoning that due to the Microsoft settlement, that RNWK would be wowing investors with the strength of their earnings report. The stock traded up $1.13 to close at $8.53 in anticipation of the report, but has […]