MathStar, Inc., MATH, shares continued its breakout from Friday and gained another 17.22% in trading today. ABAT also continued its upward trend and picked up 8.89%. Also on the positive side, EXEG 4.88%, CHCG 4.36%, DHBT 3.24%, PTSEF 2.00%, IPAS 1.89%,MAG 1.19%.
Trading down: PESI -1.60%, CHNG -2.00%, SPRT -2.57%, GNPIE -3.46%, QPSA -9.18%, ASXSF -11.11%.
Reversals: CHCG, EXEG, FAX, WAVX, LMRA
Breakouts: ABAT, XNN, PTSEF, IDMI, MATH, QPSA, SPRT
Continuations: ASXSF, IPAS, CAMD, CHNG, GNPIE, HRAY, MAG, DHBT, PESI
P.S. Feel free to submit comments /questions!
LGBT picked up .20 in late trading on Friday to close up 16.81%. It's been a rough week for FORG after news of the loss of the patent lawsuit with Echostar was released. They are down -22% for the week, but FORG managed a positive gain on Friday of 6.38%.
Another great day for BIVN, up 6.28%. This the second week for watching BIVN whose total gain this week is 31%. Other positive gainers include: MIVA 6.60%, VWPT 4.90%, DHBT 3.96%, RGRP 2.38%, FTEK 2.04%, DRL 1.72%, QMAR 1.40%, and THK 1.09%.
NNPP shares slide -11.56%, to close the week down -16.13%. Also trading down on Friday, CFUL -2.86%, ASTI -3.08%, ADST -4.40%
Only two stocks from the watchlist traded in the green today, BIVN 9.53% (up 23% for the week so far) and LGBT 9.17%, back to $1.19, near close from last Friday.
Of note, a -14% drop for Viewpoint, VWPT, as the entire online advertising sector took a dip on the heels of Valueclick being downgraded to "Neutral" by Credit Suisse analysts.
FORG managed a 6.45% gain in trading as they weigh their options against Echo Star. Other stocks trading in the green, BIVN 6.62%, , VWPT 5.31%, IBCIQ 4.41%, HSOA 3.66%, OSCI 2.30%, FTEK 2.10%, MIVA 1.82%, SOLF 1.49%, DTLK 1.26%
Quite a few stocks from the watch list traded down today: TMY -0.42%, CFUL -0.56%, BWP -1.01%, GRS -1.13% ASTI -1.24% THK -1.75% LGBT -1.80% LCCI -1.89% AVAN -2.06% QMAR -2.52% DHBT -3.23% ISTA -3.62% NNPP -4.52% ADST -4.66% RGRP -5.46%
Shares slide -25% for Forgent Networks, FORG, as they find themselves on the losing end of patent lawsuit with EchoStar.
Trading on the positive side today: SOLF 8.64%, DRL 8.55%, ADST 7.82%, ISTA 5.69%, MIVA 4.51%, HSOA 4.26%, DTLK 3.75%, ASTI 3.59%, FTEK 3.44%, NNPP 2.65%, THK 1.44%, TMY 1.29%
Other than FORG, all stocks from the watchlist traded down less than 5%. Trading down today: GRS -0.21%, DHBT -0.57%, BIVN -0.71%, RGRP -2.07%, AVAN -3.00%, CFUL -4.10%, VWPT -4.96%
Not too much movement from curiosity candidate WYE, still awaiting FDA approval, only managed a $.01 gain.
Reversals: SOLF -0.34%, QMAR 1.80%, ASTI 1.43%, FTEK 5.40%, IBCIQ 0.89%, LGBT -15.65%
Breakouts: THK -1.79% AVAN-4.81% HSOA .15% FORG -1.55% ADST -5.26% MIVA .43% OSCI -1.59%
Continuations: BIVN 4.00% DTLK 4.94% ISTA 3.88% GRS -1.81% LCCI 3.63% CFUL 4.56%
LGBT had an income statement released on Saturday that I did not catch. LGBT should have been removed from the watch list as the poor income statement indicated further downward movement.
P.S. More to watch: DHBT,RGRP, TMY, VWPT, DRL. Curiousity candidate, WYE, Wyeth Pharmaceuticals, awaiting FDA approval for birth control drug Lybrel.
Reversals: SOLF, QMAR, ASTI, FTEK, IBCIQ, LGBT
Breakouts: THK AVAN HSOA FORG ADST MIVA OSCI
Continuations: BIVN DTLK ISTA GRS LCCI CFUL
Positive moves for ISTA 6.80%, SIF 5.57%, LCCI 4.99%, IDSA 4.74%, GRS 3.69%, CFUL 3.55%, CLZR 3.14%, and KNTA 1.94%.
Continental Fuels, CFUL had a great week, up 36% for the week, ISTA up 15% for the week.
Big moves this week for OPBL which closed last Friday at $1.01 and opened on Monday at $.80. Optionable traded as low as $.35 this week, but managed to close today at $.71. What a ride!
Trading lower today AVR -2.19%, FFHL -2.53%, SWEB -2.87%, BFTH -4.17%, OPBL -8.45%,
MBKR -12.16%
Big move for CFUL, shares jumped 21.09% after the release of quarterly report. More positive gains for OPBL 8.51%. Also on the green side: IDSA 7.10%, FFHL 4.22%, SWEB 1.73%, AHR 1.53%.
Still on the downside: BFTH -1.32% and MBKR -5.13%, along with SOMX -2.94%, SRFDF -2.97% GRS -3.08%, FNSR -4.04%, KNTA -5.88%, and ALAN shares slid -14.64% after the release of 3rd quarter results.
OPBL picked up $.05 or 10.59% gain. Other positive gains today: KNTA 1.80%,
SRFDF 3.06%, ISTA 3.83%, FNSR 6.17%, GRS 7.28%.
Big losing day for MBKR -17.89% and Bally Total Fitness, BFTH, shares down -17.39% on news of forbearance and waiver agreements with noteholders.
Bad news for OPBL as CEO Kevin Cassidy resigns in the wake of the company getting sued for securities law violations. and shares tank over -57%.
Stocks on the upside: MBKR closed up 5.56% at $.95, traded as high as $1.08. HOLL 2.88%, CFUL 9.78%, SIF 2.82%, AVR 3.89%, CLZR 8.99%, FNSR 3.91%, SRFDF 4.19%
Closing down: KNTA -6.18%, GRS -5.74%, SWEB -5.49%, SOMX -3.96%, FFHL -3.10%,
NR -2.96%, AHR -2.24%
Reversals: FFHL HOLL GRS LCCI CFUL ALAN
Breakouts: OPBL SRFDF BFTH KNTA SIF MBKR
Continuations: AHR AVR ISTA CLZR SOMX IDSA FNSR NR SWEB
DNDN picked up 10.29% to have a net loss for the week of -68%.
Other gainers today:
ONT 9.79%, BTEM 9.20%, NGA 8.68%, VOYT 8.33%, NNRF 6.73%, FNSR 3.47%, KENT 2.30%, HAYZ 1.91%
Closing down today: SFLY -1.63% BIOS -3.35% DCTH -3.91% and DKAM -7.64%
Stocks closing above 10% gain for the week:
| VOYT | 27.87% |
| VYHN | 21.33% |
| NGA | 16.50% |
| NNRF | 10.17% |
| BRKR | 10.00% |
A slow day in trading today. Positive gains were had by NNRF 5.26%, VOYT 2.86% and
ONT 2.19%.
Another down day for DNDN. Shares fell another -12.16% to $5.54. Back on March 29, 2007, DNDN traded at $5.22. On March 30, 2007, DNDN opened at $17.92 after the FDA said the company's prostate cancer vaccine treatment, Provenge, was safe and effective. A final decision was expected by May 15, 2007, but instead Dendreon received a request for more data and shares plunged over 70%. 1st Quarter losses were announced and shares are down in aftermarket.
DNDN drops -64% in trading today on news of the FDA requesting more data. The stock previously closed at $17.74, but opened for trading $7.31 and closed the day at $6.33. More losses occurred in afterhours.
DKAM picked up another 6.16%. Other positives gains were had by: BRKR 4.47%,
FNSR 4.13%, BTEM 3.87%, EVOL 3.48%, OSCI 3.33%, VYHN 3.28%, NGA 3.23%
ONT 2.67%, CKSW 2.47%, MBLX 2.36%, and WSSI 2.09%
HOKU announced 1st quarter losses sending the shares down -10.91%. Other losses were had by HA -2.91% and NNRF -4.41%.
Positive gains made by:
VYHN 9.33%
DKAM 8.59%
CYRX 7.91%
SFLY 7.73%
SEA 7.60%
NNRF 7.12%
EVOL 5.63%
BRKR 4.39%
OSCI 4.13%
NGA 3.16%
HANS 2.80%
BIOS 2.55%
DCTH 2.08%
BBI.B 1.76%
While these stocks closed down:
IEAM -3.88%
KENT -4.08%
MBLX -4.20%
BTEM -4.57%
VOYT -4.92%
TCHC -5.61%
DNDN -7.58%
DIO -9.42%
Reversals: OSCI VOYT BBI-B FNSR TCHC BRKR DIO EVOL
Breakout: CYRX VYHN MBLX KENT BIOS HA SFLY BTEM ONT NNRF
Continuation: DCTH NGA DNDN HANS ION HAYZ DKAM WSSI IEAM CKSW SEA HOKU
Didn't get to report results on a daily basis this week, but overall there were early gains this week most of which were given back by the end of the week. That's why it is important to know when to take your profits.
BZI finished the week up 31.82%, with 9.43% gain on Friday. TCCO gained 5.83% on Friday, closed the week up over 29%. MDII took in 10.63% to close the week up over 23%, EPM gained 7.69% on Friday, to close the week up over 12%. SWRI which jumped 33% on Monday and gave it back on Tuesday & Wednesday, finished the week down just .03 from its previous Friday close. NNPP traded down everyday this week and finally recovered 14% on Friday.
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