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Stock Review; what’s the Deal with RIMM?

Shares of Research In Motion Limited (NASDAQ:RIMM) slipped this morning after a brief rally yesterday on news that China Unicom, the second largest mobile carrier in China, started to offer services with Blackberry phones in an attempt to add more 3G subscribers to its network. RIMM has also benefited from analyst upgrade, which argued that the company have reached the - Continue Reading »

Somaxon rallies on Silenor’s Patents Challenges, Disappointing Sales

Somaxon Pharmaceuticals Inc. (Nasdaq: SOMX) shares recovered from yesterday’s slip toward the stock’s 52-weeks low after the company revealed that it received a notice from Zydus Pharmaceuticals USA Inc. that it filed with the U.S. Food and Drug Administration (FDA) for a generic version of Silenor.  SOMX is reviewing the possibility to initiate a patent infringement lawsuit against Zydus to - Continue Reading »

Jammin Java plunges on Profit-taking

Jammin Java Corp. (OTC BB: JAMN) shares pulled back 20% in today’s trade, piled on losses of more than 35% yesterday, after the stock climbed 885% this year. The recent plunge is a result of significant profit taking, as apparently there are more sellers than buyers for the stock. In addition, a number of research companies suggested that the company’s - Continue Reading »

SIGA Technologies soars on Smallpox Antiviral Contract Award

Shares of SIGA Technologies Inc. (Nasdaq: SIGA) surged 12.5% to $15.98 in the afterhours session of May 13, after the company announced that it signed a contract with a unit of the U.S. Department of Health to deliver courses of its smallpox antiviral, ST-246, to the Strategic National Stockpile. Under the contract, the Biomedical Advanced Research and Development Authority (BARDA) - Continue Reading »

Jammin Java upward Rally Resumes; Uncertainties Remain

Jammin Java Corp. (OTC BB: JAMN) shares had a solid performance this week – supported by a string of press release. Shares gained up to 80% this week, hitting a new high of $6.35, with shares continuing the gain today, up more than 2% from the day’s open.  The growth was triggered by the announcement of further expansion of product - Continue Reading »

Quantum Fuel pulls back as Fisker Karma “take-off” Approaches

Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) shares has more than doubled over the last trading days, after the stock hit an all time low of $2.25 on May 5. The company soared up to 20% in today’s early trade. Despite the surge, QTWW lost 49% since the beginning of 2011 mainly due to a worsening balance sheet, delays - Continue Reading »

ZAGG Soars on Robust Results and Bullish Outlook

ZAGG Inc. (NASDAQ: ZAGG) shares surged 6.4% to $10.16 in extended trading yesterday after the company’s results for the first quarter topped analyst expectations. Moreover, ZAGG revisited upward the outlook for 2011 due to better sales of its products, expanding distribution and wider product offerings. Revenue for the first quarter increased 207% to $27.0 million, from $8.8 million in the - Continue Reading »

Microsoft Plans another Attempt to Revitalize its Online Business

Microsoft Corporation’s (NASDAQ: MSFT) shares lost more than 1% this morning  following a Wall Street Journal report that the software giant is nearing a deal to buy the popular Internet telephone service Skype. The report indicated that the deal would be valued at $8.5 billion, including assumed debt. As a result, the acquisition may be the largest for MSFT, topping - Continue Reading »

Lithium Exploration poised to capitalize on demand for the “New Oil”

The Shares of Lithium Exploration Group Inc. (OTC BB: LEXG) has rocketed from $0.10 on March 18 to an all time high of $10.68 on April 28 on extremely heavy trading volumes. The company has not reported any material information to support this appreciation, however, the rising commodity prices, speculations concerning upcoming shortage in lithium supply as well as increased - Continue Reading »

Tech Talk; Polypore Soars as Results top Consensus Estimates

Shares of Polypore International Inc. (NYSE: PPO) are up 1% in today’s trade, fueled by yesterday’s momentum that drove 19% gains yesterday after the company reported higher-than-expected results for the first quarter of 2011. The stock hit a new record of $68.55, during the intraday trading and closed the session at $65.88. Approximately 4.9 million shares changed hands, a 500% - Continue Reading »