After the hard hit Cell Genesys (CEGE) took yesterday, the dead cat bounce is in full effect, currently +21% to 95c.
While the company has $166M in cash, so there is no immediate danger of going under, which leaves this open to big swings like today.
More discussion on the CEGE message board.
4C Controls (FOUR) hit +22% today on over 971k shares, making it one of the more active movers today. FOUR is fighting against some public attacks on the company, investors reacting favorably.
TGIC is up 11% to $1.86
XFMI +8% to $2.66
NEXC firing on all cylinders with a +40% gain to $0.49.
BWMS hitting +30% to $2.08
More on these stocks at the Penny Stocks message boards at HSM.
ATML is hitting +5% in early morning trading, currently the dollar volume leader on the boards
PEIX firing up a 14% gain to 2.16.
WZEN not far behind with 10%.
PLNR is up 14% on news:
Planar Systems, Inc. (NASDAQ:PLNR), a worldwide leader in specialty display systems, today announced it has been awarded a digital display contract by the leading provider of television networks at retail, Thomson’s Premier Retail Networks, Inc. (PRN). In alignment with Planar’s corporate strategy to provide innovative display solutions for retail applications, PRN chose Planar for its unique ability to provide a myriad of specialty displays that meet the exact requirements of PRN. Under the agreement, Planar will provide customized small format touch-screen displays and customized large-format displays.
Todays movers include:
VRNM +51% to $3.07 after a deal with BP
AGIX +16, no news here.
ALTI +9% to 2.68
Some movers this morning include
JBLU +6%, along with other, airlines have seen a big bounce of the lows. A lot of short covering going on here, but these airlines are not out of the woods yet. High oil continues to eat through the bottom line and while oil may have pulled back, it will remain generally high.
MESA +31% to 55c
CMLS adding 20% to $2.92 toda even after its target was cut by RBC.
ALTI +8% to $2.59
More on these at hotstockmarket.com.
VRML making a good move to $4.62, continued strength.
IFDG - Popping up to $0.025 +19% on volume, no recent news.
BMSN +16% to 70c on news.
PWAV +11% - global supplier of end-to-end wireless solutions for wireless communications networks. Gapping up to $3.24 on earnings.
SOIS hitting a 194% gain for the day, last at 73c.
GRIN currently +154% hitting a high of $1.40 in early trading.
HMCP +48% to $0.08.
RVNG making a 58% move to 26c.
SLVO +33% to $0.018
For more information on these stocks, visit the penny stocks message boards at HSM.
The following stocks are showing short term upside momentum:
Symbol Last Chg(%) Industry
GSIT 3.34 7.4 Semiconductor-Broad Line
CAMP 3.36 3.38 Communication Equipment
COPY 1.08 4.85 N/A
DWCH 3.9 4.28 Business Software And Svcs
CNOA 1.91 -5.67 N/A
EGLS 1.93 3.21 Semiconductor Equip Matrl
FCSE 0.56 5.66 Computer Peripherals
FSII 1.77 4.12 Semiconductor Equip Matrl
OSCI 2.52 5.88 Drug Manufacturers Major
For more on these stocks, visit the stock market message boards at HSM.
ACUS has made a nice move today +41% coming off the lows:
Other names making strong upside moves include: NCST, IENI, ACTC, XDSL, NHRX, NVLT and volume leader QTWW with a 12% move to $1 on $1.3M worth of shares traded thus far.
For more on these stocks, visit the message boards at HSM.
From the HotStockMarket.com stock forums , gapping up over +5% from the open and continuing with strength this morning:
GCMR +88%, DIOM, +75%, REED +50%, FGAM +42%