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Hot Biotech Stock – Aastrom Biosciences Soars on Buy Recommendation

Shares of Aastrom Biosciences Inc. (Nasdaq: ASTM) soared 18.5% yesterday after a research company initiated coverage on the stock with a Buy rating. The stock hit $2.68 during the intraday trading and closed the session at $2.62. Approximately 4.6 million shares changed hands, a 215% increase over the 90-day average volume. Shares of ASTM this morning lost steam, losing nearly - Continue Reading »

Hot Stock Alert – ZAGG Recovers amid Worsening Margins and Short Squeeze Talks

ZAGG Inc. (NASDAQ: ZAGG) shares climbed more than 4% this morning, continuing Friday’s  16.3% surge on March 25 to $7.41, curbing the downward trend the company experienced this month. The recovery in stock price is most likely caused by a short squeeze, which is currently going on with ZAGG. The stock is heavily shorted with margins calls due dates approaching. - Continue Reading »

Research In Motion plunges on Disappointing Q1 FY 2012 Outlook

Research In Motion Limited (NASDAQ: RIMM) plunged nearly 10% this morning shortly after the company’s outlook for fiscal 2012 fell short of analyst expectations. The lower-than-expected-results for upcoming quarters were seen by the market as an indicator that RIMM is not expecting stellar performance from the approaching release of PlayBook computer tablet. - Continue Reading »

Smokin’ Stock; Star Scientific surges on Upcoming Market Launch of two products

Star Scientific Inc. (Nasdaq: CIGX) shares soared 9.3% to $3.96 yesterday after the company reported that the U.S. Food and Drug Administration (FDA) cleared the way to market two of its products. The company’s shares jumped to $4.19 during March 23 intraday trading, their highest value since June 2009, and continued their climb this  morning, up nearly 1% to $3.98. - Continue Reading »

Hot Stock Alert – YRC Worldwide bounces amid Tonnage Recovery and Default Fears

The shares of YRC Worldwide Inc. (Nasdaq: YRCW) soared 50% over the last three trading days, hitting $1.99 on March 22 on volumes that more than doubled its 90-day average. The recent surge was driven by recovering freight volumes in 2011 as well as the trucking company’s announcement that it plans to hire nearly 1,000 drivers this year. - Continue Reading »

Solar Stock; Technology Leadership, Cost Reductions Brighten SunPower Outlook

Shares of SunPower Corp. (Nasdaq: SPWRA) curtailed from yesterday’s nearly 13% gains this morning, slipping 2.50% to $15.86. The positive trading activity was in response to word that the company’s ability to produce solar photovoltaics (PV) would not be affected by a potential disruption in supply chain. The company reported that it relies on Japanese suppliers, which have not experienced - Continue Reading »

Alternative Energy Stock Watch; is Power-One Poised to Recover as Solar Opportunity Bounces Back?

The shares of Power-One Inc. (Nasdaq: PWER) surged 14.9% over the last week, supported by expectations that the Japan crisis as well as the high oil prices environment would boost the demand for solar panels at higher levels than previously expected. Accordingly, the nuclear disaster in Japan has eliminated the previously issued concerns that governments’ subsidy programs for alternative energy - Continue Reading »

JA Solar rallies on anticipated Demand Spike after Japan crisis

JA Solar Holdings Co. Ltd. (NASDAQ: JASO) shares dropped more than 4% this morning after shares soared 9.8% earlier this week on the back of anticipations that the earthquake and tsunami in Japan and subsequent nuclear power crisis, as well as the high oil prices environment due to political turmoil in Libya and Middle East, could boost the demand for - Continue Reading »

Apple Inc. Paid the Toll of Japan Crisis; Poised to Recover

Apple Inc. (NASDAQ: AAPL) shares gained 2.30% this morning, moving toward recovery after the stock tumbled 6.7% over the last two trading days on an analyst downgrade citing deceleration in sales growth for an important manufacturing partner in China. The stock was also harmed by the Japanese crisis, since the country is a major supplier of microchips and glass for - Continue Reading »

Renewable Energy Stock Spotlight: Ascent Solar

Ascent Solar Technologies Inc. (NASDAQ: ASTI) dropped 7% this morning, curtailing from a  9.9% surge in yesterday’s trading session on anticipations that the earthquake and tsunami in Japan and subsequent crisis at a nuclear power complex, as well as the high oil prices due to political turmoil in the Middle East could spurt the demand for solar panels. Moreover, the - Continue Reading »