POINT ROBERTS - October 13, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday October 12th. Nasdaq closed higher by 21.70 (0.84%) at 2,604.73.
Pacific Biosciences of California PACB was the top percentage gainer for the day closing higher 0.87 (28.16%), following a 20% fall in the previous week. The stock also closed well above its 200-day moving average on high volume. The company has developed a novel approach to studying the synthesis and regulation of DNA, RNA and proteins. Combining recent advances in nanofabrication, biochemistry, molecular biology, surface chemistry and optics, Pacific Biosciences has created a powerful technology platform called single molecule, real-time, or SMRT®, technology.
ZHONGPIN INC. HOGS surged 1.26 (18.83%) to close at $7.95, rebounding from its 52-week low of $6.60, made earlier this week. The stock had strong recovery in yesterday's trading , moving within a broader range of $6.88-$8.18 during the session. The stock is trading up again in this morning's trading.
Gentiva Health Services, Inc. GTIV closed with a gain of 0.66 (17.19%) to end the day at $4.50, bouncing back from its recent low. The stock has been showing strong support around $3.50 level. More than 3.80 million shares exchanged hands. The stock has a 52-week range of $2.81-$29.21.
WVS Financial Corp. WVFC moved higher by 1.83 (21.25%) to $10.44, rebounding from recent low. WVS Financial Corp. (WVS) is the parent holding company of West View Savings Bank (West View). West View Savings Bank is a Pennsylvania-chartered stock savings bank conducting business from six offices in the North Hills suburbs of Pittsburgh.
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