Investing
Top Active Trader Alerts (PAR, DELL, GES, MNTA, NFLX, PCBC, SCON, TRMA, YRCW)
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Active traders and day traders have several big movers to choose from this morning. Stocks on the move are 3PAR, Inc. (NYSE: PAR), Dell Inc. (NASDAQ: DELL), Guess? Inc. (NYSE: GES), Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA), Netflix, Inc. (NASDAQ: NFLX), Pacific Capital Bancorp (NASDAQ: PCBC), Superconductor Technologies Inc. (NASDAQ: SCON), Trico Marine Services Inc. (NASDAQ: TRMA), and YRC Worldwide Inc. (NASDAQ: YRCW).
3PAR, Inc. (NYSE: PAR) is actually lower despite a raised bid from Dell Inc. (NASDAQ: DELL). Dell’s new bid is $24.30, which is only $0.30 above the $24.00 offer by Hewlett-Packard Co. (NYSE: HPQ). 3PAR shares are down 2.95% at $25.97 versus the $26.76 close due to the notion that a bidding war now looks tighter and smaller rather than more robust. Dell Inc. (NASDAQ: DELL) shares are actually up 1.8% at $12.00 on the news.
Guess? Inc. (NYSE: GES) was not expected to cut 2010 guidance, but its views are short of estimates. Shares are down 6.2% at $35.85, but keep in mind that its 52-week range is $30.54 to $51.28.
Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) is on the rise on strong volume after a district judge denied Sanofi-Aventis request for a preliminary injunction directing the FDA to suspend and withdraw its approval of the Abbreviated New Drug Application filed by the Momenta’s collaboration partner, Sandoz, for enoxaparin sodium injection USP, a generic version of Lovenox. The decision is subject to appeal. Still, shares are up 7.8% at $16.90 on more than 300,000 shares.
Netflix, Inc. (NASDAQ: NFLX) is up with momentum this morning. Shares are up 2.6% at $127.50 on over 50,000 shares.
Pacific Capital Bancorp (NASDAQ: PCBC) ahead of a rights offering. Shares are down 60% at $0.64 on over 2.8 million shares.
Superconductor Technologies Inc. (NASDAQ: SCON) is not super nor is it conducting this morning. The company priced a 4 million share secondary offering at $1.50 per share to raise about $5.3 million. Shares are down 17% at $1.55 on 185,000 shares. This is already triple of a day’s average volume and this marks a 52-week low as the prior range was $1.86 to $3.99.
Trico Marine Services Inc. (NASDAQ: TRMA) is getting crushed after its U.S. operations filed for Chapter 11 bankruptcy protection. Shares are down 29.4% at $0.18 on about 200,000 shares in pre-market trading.
YRC Worldwide Inc. (NASDAQ: YRCW) ebbs and flows each day with the direction of the market, and this morning it is flowing. Shares are up 7% at $0.28 on 130,000 shares.
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JON C. OGG
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