Watch list HYGS, INVX, IVAN, MVIS, AMNT, SIGA, STEM, SYNM
Notable movers are: HYGS - big volume at 50c; INVX - Drop to 47c on big volume; IVAN - New low at $1.27;STEM - support today at $1.02.
Notable movers are: HYGS - big volume at 50c; INVX - Drop to 47c on big volume; IVAN - New low at $1.27;STEM - support today at $1.02.
The following stocks are near a 52wk low with at least 50,000 in average volume:
BFLY 0.55 -5.17 24960
CCUR 0.71 4.41 159067
CNXT 0.63 -3.08 1654453
CRGN 0.72 -4 57437
INO 0.89 3.49 5600
EDCI 0.53 1.92 11716
HYGS 0.52 -13.33 831478
INVX 0.51 -34.62 148148
IRSN 0.65 -13.33 44673
ISV 0.62 -4.62 63800
The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, cut a key interest rate by three-quarters of a percentage point on Tuesday. The Fed said it was cutting the federal funds rate, the interest that banks charge each other on overnight loans, to 3.5 percent, down by three-fourths of a percentage point from 4.25 percent.
You may have notice a lot of ads appearing for GFET - Gulf Ethanol Corp. Clearly they have an active IR department with a budget to blanket financial sites with their ads, but how is the stock doing?
With ethanol being pushed on the political arena, some buyers have come into the stock. A wedge pattern is forming here, support at $1, resistance at $1.80.
Im going to stick a caution sign on this once popular stock, it has broken through all support levels and last traded at 3c. Until something solid hits the wires, be wary of entering or averaging down.
About Smart-tek Solutions Inc.
Smart-tek Solutions Inc. (SSI) is the parent technology holding company and radio-frequency identification (RFID) software/hardware development company providing turnkey state of the art RFID systems.
Smart-tek Communications Inc. (SCI) is the Company’s initial acquisition in this sector and is appropriately positioned to pursue additional acquisitions in order to restore and enhance shareholder value.
There has been some action in MOSH over the past few weeks, the stock is pulling back from the recent high, strong support at 20c.
SIRI - Sirius Satellite Radio
RFMD - RF Micro Devices, Inc.
ATML - Atmel Corporation
SONS - Sonus Networks, Inc.
ILA - AQUILA INC
CWTR - Coldwater Creek, Inc.
MGI - MONEYGRAM INTL INC
CBB - Cincinnati Bell
JMBA - SERVICES ACQUISITION
MRVC - MRV Communications
BKUNA - BankUnited Financial
FRPT - Force Protection Inc
GERN - Geron Corporation
STEM - StemCells, Inc.
DEPO breaking out of a trading range at $3.50
AYSI break out from $1.50 resistance
BOLV major volume as it drops into subpenny range 0.009
PMED testing 0.02 support level