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.
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