Top Day Trader Alerts (BPAX, CNTF, GERN, HAUP, NTES, GOLD, SIRI)

Investing

Published: May 20, 2010 8:49 am

Last Updated: April 28, 2020 8:31 am

This morning’s top day trader and active trader alerts are part on earnings and part on other news. The cast of characters this Thursday morning are BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX), China Techfaith Wireless Communication Technology Limited (NASDAQ: CNTF), Geron Corporation (NASDAQ: GERN), Hauppauge Digital, Inc. (NASDAQ: HAUP), Netease.com Inc. (NASDAQ: NTES), Randgold Resources Limited (NASDAQ: GOLD), and SIRIUS XM Radio Inc. (NASDAQ: SIRI). We have provided the news and some explanations on each.

BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) is trading up after announcing positive results of an evaluation of its 2A/Furin technology by Novartis Pharma AG. Shares were up 5% earlier but shares are up 1.5% at $1.98 on 30,000 shares.

China Techfaith Wireless Communication Technology Limited (NASDAQ: CNTF) is soaring on thin volume after earnings. Revenue was $60.9 million, up 1.8% from Q4-2009 and up 25.1% from the same period of last year. Shares are up 15% at $2.61 on about 5,000 shares.

Geron Corporation (NASDAQ: GERN) is trading higher this morning on an analyst upgrade and on news that it appointed Hoyoung Huh and Robert Spiegel to its Board of Directors. While not a lot has been seen in share volumes, the stock is up only about 1% at $5.34 on fairly thin volume. The 52-week trading range is $4.85 to $9.24 and the average trading volume is roughly 1.1 million shares.

Hauppauge Digital, Inc. (NASDAQ: HAUP) is down again in the pre-market trading after briefly becoming the fad cult stock with exponential gains last week. Shares were down over 3% at $3.00 on last look.

Netease.com Inc. (NASDAQ: NTES) is trading down almost in the double-digits after the company earned $0.51 EPS, under Thomson Reuters estimate of $0.61. Revenues were also under plan at $175.1 million also missed expectations for $185.9 million.

Randgold Resources Limited (NASDAQ: GOLD) is trading lower this morning with the soft gold market. Shares are down 5.25% at $79.54 on almost 100,000 shares.

SIRIUS XM Radio Inc. (NASDAQ: SIRI) is lower this morning on no ral news. Shares were down 3.8% at $1.01 on almost 1 million shares.

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JON C. OGG

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