9 Notable Gainers in Today’s Session

Posted by on Aug 30, 2010 | No comment

Pluristem Therapeutics Inc. (NASDAQ: PSTI) gained by 9.90% and closed at $1.11 on nearly nine times its average volume. The company announced that its placenta derived cells were chosen by European Commission’s Seventh Framework Program (FP7) study for the treatment of diastolic heart failure (DHF) in Type 2 diabetic patients.(NASDAQ :P STI), (PSTI)

Cogent Inc. (NASDAQ: COGT) soared by 24.40% and closed at $11.09, on above-average volume of 19.46 million shares, on news that 3M Company (NYSE:MMM) is buying the company $943 million. (NASDAQ:COGT), (COGT)

A.D.A.M. Inc. (NASDAQ: ADAM) shot up by 72.24% and closed at $5.46 on strong volume of 2.33 million shares. Ebix Inc. (NASDAQ:EBIX) is acquiring A.D.A.M. for $66 million. (NASDAQ:ADAM), (ADAM)

Infrared Systems International (OTC: IFRS) surged by 1,592.31% and closed at $0.0220 on significantly high volume of 23.20 million shares. (OTC:IFRS), (IFRS)

Hutchinson Technology Inc. (NASDAQ: HTCH) jumped up by 21.40% and closed at $3.46 on above-average volume of 2.54 million shares. (NASDAQ:HTCH), (HTCH)

Noble Energy Inc. (NYSE: NBL) edged up by 1.96% and closed at $68.56, with overall traded volume of 3.27 million shares. BMO has upgraded Noble Energy to Outperform from Market Perform, and increased the price target on the stock by $7 to $85. (NYSE:NBL), (NBL)

Phoenix Technologies Ltd. (NASDAQ: PTEC) moved up by 5.29% and closed at $3.98 on above-average volume of 4.21 million shares. The company announced that it received $150 million cash bid from an unnamed third party, topping an earlier bid by a private equity firm Marlin Equity Partners. (NASDAQ:PTEC), (PTEC)

Genzyme Corp. (NASDAQ: GENZ) moved up by 3.39% and closed at $69.91, on strong volume of 17.48 million shares, after rejecting Sanofi-Aventis’ (NYSE:SNY) $18.5 billion acquisition offer. (NASDAQ:GENZ), (GENZ)

ImmunoGen, Inc. (NASDAQ: IMGN) advanced by 9.65% and closed at $5.66 on above-average volume of 3.54 million shares. (NASDAQ:IMGN), (IMGN)

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About BeaconEquity.com

BeaconEquity.com is committed to producing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily OTC stocks in the stock market today, which have traditionally been shunned by Wall Street. We have particular expertise with renewable energy stocks, biotech stocks, oil stocks, green energy stocks and internet stocks. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Beacon Equity Group Disclaimer

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Beaconequity.com is a wholly-owned subsidiary of BlueWave Advisors.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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