Shares of Sirius XM Radio Inc. (NASDAQ: SIRI) slipped .15% to $0.95 this morning. The penny stock has a 52-week range of $0.37-$1.25. It is currently trading below its 50-day and above its 200-day moving average. The stock has seen support at $0.93 and has met with resistance at $1.04. Sirius has a consensus recommendation [...]
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Hercules Offshore Inc. (HERO) Company Brief
Shares of Hercules Offshore Inc. (NASDAQ: HERO) slipped with the broader bearish market in today’s morning trading session, losing 5.19% to $2.46. The small cap stock has a 52-week range of $2.38-$7.28. It is currently trading below its 50-day and 200-day moving averages of $3.28 and $4.47, respectively. The stock has seen support at $2.54 [...]
AbTech Holdings (ABHD) Rumors of Involvement in Gulf Cleanup Spur Trading Activity
Following a reverse merger with Abtech Industries Inc. (OTCBB: ABHD), Laural Resources Inc. amended its Articles of Incorporation to change its name to AbTech Holdings,Inc. and began trading on the Over-the-Counter Bulletin Board under the symbol ABHD in June. As a result, ABHD adopted Abtech Industries, Inc., business model, board of directors and management team. [...]
RIM (RIMM) under Pressure from Rivals
Research In Motion, (Nasdaq: RIMM)(RIM), is expected to post its first-quarter fiscal results on June 24 following the close of trading. With demand for smart phones exceptionally strong globally, the maker of the iconic BlackBerry’s is expected to post a 33% increase in net income for the quarter ended May 31. RIM’s devices currently hold [...]
Netlist (Nasdaq: NLST) HyperCloud Memory Chosen for Viglen HPC Applications
Netlist Inc. (NLST) announced Friday that it was chosen to supply HyperCloud™ memory modules to Viglen servers to run High Performance Computing (HPC) applications. The designer and maker of high-performance memory subsystems said it will supply Viglen with enhanced IT solutions to its education and public sector customers. Viglen is a leading British maker of [...]
FuelCell Energy Inc. (FCEL) Closes 23% Higher
FuelCell Energy Inc. (FCEL) Closes 23% Higher Shares of FuelCell Energy Inc. (NASDAQ: FCEL) jumped more than 25% in Thursday’s trading. The small cap stock reached a high of $2.72 in trading. It closed 23% higher at $2.62, with volume up from daily average of 739,000 to 4 million. Danbury, Connecticut-based FuelCell is involved in [...]
Hewlett-Packard ($HPQ) to Buyout Palm ($PALM) for $1.2B – Boom or Bust?
by Jackie Tindall Shares of Palm Inc. (Nasdaq: PALM) surged nearly 25% in today’s mid-morning trading, spurred by HP’s (Nasdaq: HPQ) announcement to buy the smart-phone maker for a cool $1.2 billion, or about $5.70 a share. Palm’s technologies are considered solid plays but the company is saddled with stiff competition from Apple (Nasdaq: AAPL) [...]