Top Active Trader Alerts (COCO, CMO, SOLR, LULU, WFR, NSM, NOK, IRE, AIB, SWHC)

Many stocks are on the move this Friday morning.  Active traders and day traders are likely to be watching the moves seen in Capstead Mortgage Corp. (NYSE: CMO), GT Solar International Inc. (NASDAQ: SOLR), Lululemon Athletica Inc. (NASDAQ: LULU), MEMC Electronic Materials Inc. (NYSE: WFR), National Semiconductor Corporation (NYSE: NSM), Nokia Corporation (NYSE: NOK), The Bank of Ireland (NYSE: IRE), Allied Irish Banks plc (NYSE: AIB), and Smith & Wesson Holding Corporation (NASDAQ: SWHC).

Corinthian Colleges Inc. (NASDAQ: COCO) is up again, still on rumors that Pershing Square’s Ackman may have a very heightened interest.

Capstead Mortgage Corp. (NYSE: CMO) is lower by 5.6% at $11.15 on thin trading volume after its $0.26 dividend declaration yesterday represented another cut.

GT Solar International Inc. (NASDAQ: SOLR) is actually higher after pricing its secondary offering of 11 million shares at $7.39 per share.  Shares are up 1% at $7.47 on more than 1 million shares.  This stock was above $8.70 before the deal became known this week.

Lululemon Athletica Inc. (NASDAQ: LULU) is surging after strong earnings this morning; shares are up9.3% at $39.20 on over 70,000 shares.

MEMC Electronic Materials Inc. (NYSE: WFR) is trading up on thin volume after its subsidiary signed a memorandum of understanding for 400MW of solar plants in a Korean province.  Shares are indicated up 2.9% at $11.00.

National Semiconductor Corporation (NYSE: NSM) is trading lower after earnings and after seeing little growth ahead. Shares are down 5.8% at $12.15 on over 60,000 shares.

Nokia Corporation (NYSE: NOK) is trading higher after naming a new CEO, which the company has been trying to reluctantly fight for weeks or months.  Shares (ADRs) are indicated up 4.4% at $10.19 on more than 2 million shares.

Irish banks are getting hit, partly on new capital raise concerns from larger healthier banks: The Bank of Ireland (NYSE: IRE) is down 3% at $3.53 and Allied Irish Banks plc (NYSE: AIB) is down 1.5% at $1.92.

Smith & Wesson Holding Corporation (NASDAQ: SWHC) is soft this morning after lower gun sales in the latest period were reported.  Shares are down 8.6% at $3.62, although trading volume is muted and barely 10,000 shares pre-market.

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JON C. OGG