Top Percentage Gainers and Losers as of 2pm 06/09/11

Best 1) Coffee Holding JVA: Trading up 40.2% from yesterday's close to $11.96. Coffee Holding reported Q2 EPS of $0.22 versus $0.15 for the same period last year. Revenue came in at $37.3 million – 87% higher than the same period last year. Shares hit a 52-week high of $12.39 earlier in the session. 2) Double Eagle Petroleum DBLE; Trading up 15% from yesterday's close to $8.02. The company announced a $0.578125 per share cash dividend on its 9.25% Series A Cumulative Preferred Stock. 3) Gramercy Capital GKK: Trading up 14.3% from yesterday's close to $2.87. Shares have broken above their 50- and 200-day simple moving averages (one year daily chart) in today's trading action. 4) Multiband MBND: Trading up 13.8% from yesterday's close to $3.47. Multiband was initiated with an Outperform rating at Northland Securities. The stock had traded as high as $3.84 earlier in the session. 5) Majesco Entertainment COOL: Trading up 10.8% from yesterday's close to $4.07. Shares of Majesco are climbing toward their 52-week high of $4.15, which was set on April 5th. Other Notable Gainers Forestar Group FOR: Trading up 10.4% from yesterday's close to $16.28. Forestar cancelled their proposed $150 million dollar senior note offering. The company cited “deterioration in the capital markets” as the reason for the move. Move MOVE: Trading up 10% from yesterday's close to $2.20. Hollysys Automation Technologies HOLI: Trading up 9.5% from yesterday's close to $8.40. Hollysys was upgraded from Market Perform to Market Outperform by Rodman & Renshaw. Worst 1) China-Biotics CHBT: Trading down 12.4% from yesterday's close to $4.89. The stock started out the day in positive territory, but came under heavily selling pressure starting at 9:58am. Shares are nearing their 52-week low of $4.65, which was recently set on June 7th. 2) Five Star Quality Care FVE: Trading down 11.5% from yesterday's close to $6.37. Five Star announced plans to offer at least $10 million shares to repay loans and to fund possible future acquisitions. 3) Spartech SEH: Trading down 10.4% from yesterday's close to $5.95. Spartech reported Q2 EPS of $0.10 versus estimates of $0.07. Revenue came in at $282.6 million versus estimates of $277.87 million. The company projected 2011 earnings per share of $0.16 to $0.20 per share versus estimates of $0.31 per share. 4) China Green Agriculture CGA: Trading down 10.3% from yesterday's close to $3.84. Shares started out the day in neutral territory, but came under heavy selling pressure beginning at 11:12am. Shares hit a 52-week low of $3.60 in today's session. 5) Vertex Pharmaceuticals VRTX: Trading down 10% from yesterday's close to $47.84. The company has already traded nearly four times its average daily volume. Other Notable Losers China Transinfo Technology CTFO: Trading down 8.8% from yesterday's close to $3.62. Shares hit a 52-week low of $3.52 in today's session. Renren RENN: Trading down 8.56% from yesterday's close to $9.62. Shares hit an all time low of $9.49 earlier in the session. A-Power Energy Generation systems APWR: Trading down 7.4% from yesterday's close to $2.18.