Early Afternoon Biggest Percentage Gainers And Losers (HILL, ABAT, SIMO, BLTI, DYSL, AMSC, XNPT, PUDA, VHC, SCOK)

Best 1) Dot Hill Systems HILL: The stock is currently trading up over 20% to $3.27 after the company reported that it will be launching a new video storage product. 2) Advanced Battery Technologies ABAT: After starting out the day in negative territory, shares have skyrocketed 19.32% to $2.48. Earlier this morning the company refuted a negative report published by a short seller going by “Variant View Research.” 3) Silicon Motion Technology SIMO: Stock is surging 18.33% to $9.37 after being initiated with a buy at Craig-Hallum. The price target is set at $12. 4) BioLase Technology BLTI: Jumping 16% to $5.61. The company announced that it expects its first-quarter forecast to come in better than estimates, changing its anticipated revenue forecast from $9.25 million to $10.4 million. 5) Dynasil Corporation of America DYSL: Shares continue to build on an early morning run, currently trading 12.63% to the upside at $4.37. Worst 1) American Superconductor AMSC: After cutting its guidance for the fourth quarter, shares have plunged 45.34 % to $13.60. 2) XenoPort XNPT: Shares started out the day in positive territory but started to freefall at 11 a.m. EST, currently trading down 10.98% at $6.00 3) Puda Coal PUDA: This stock also started the day out in positive territory but has sustained heavy losses trading down 8% to $9.91. Selling pressure began to build at just before 10 a.m. EST. Shares have already traded three times normal daily volume. 4) VirnetX VHC: After an early morning run, the equity has retreated significantly, currently trading down nearly 9% to $25.07. 5) SinoCoking Coal and Coke Chemical SCOK: Taking a 7.1% hit to $7.56 as sellers began coming in at 10:15 a.m. EST.
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Posted In: Long IdeasShort IdeasTrading IdeasApplication SoftwareComputer Storage & PeripheralsCraig-HallumElectrical Components & EquipmentHealth CareHealth Care EquipmentIndustrialsInformation TechnologyPharmaceuticalsSemiconductorsVariant View Research
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