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GUANWEI RECYCLING CRP by Guanwei Recycling Corp. (OTC:GPRC) Stock, Option Chain

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Stocks That Hit 52-Week Lows On Tuesday

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CALI

GPRC

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Kandi Technologies Says SEC Won&#39;t Act On Probe

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CLFD

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Morning Market Losers 

GUANWEI RECYCLING CRP by Guanwei Recycling Corp.

CANNABIS ONE HLDGS INC by Cannabis One Holdings Inc.

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Rumors

Traders Attributing Recent Move Higher In GoPro To Rumor Co. Could Be Working With Facebook; Stock Now Up 6%

Kandi Technologies Group Inc. (NASDAQ: <a class="ticker" href="/stock/kndi#NASDAQ">KNDI</a>) shares gained Tuesday after the company said the Securities and Exchange Commission won't take enforcement action in connection with a probe disclosed by Kandi last March.
Separately, the <a href="http://www.sec.gov/litigation/complaints/2014/comp22986.pdf">SEC brought charges</a> in May against three stock promoters for an alleged pump-and-dump scheme related to Kandi, which the group had previously taken public.
The Chinese electric vehicle-maker's Chief Executive Hu Xiaoming secretly agreed in 2009 to provide stock options to the promoters in exchange for fraudulently manipulating the share price, according to the complaint against the three promoters.
Xiaoming said Tuesday that he's pleased by the decision of the SEC regarding Kandi, which he said aims to protect shareholders and build the company. 
"We will continue to pursue those goals with transparency and in compliance with all applicable laws and regulations," Xiaoming said.
In October, <a href="http://sharesleuth.com/short-takes/2014/10/kandi-technologies-group-inc-the-return-of-the-cyber-shills-2">Sharesleuth reported</a> what it characterized as "a mysterious network of social-media touters" who helped double Kandi's share price during a one-week period in June 2014.
The anonymous stock pumpers boosted Kandi in a flood of bullish posts on StockTwits and other investment-related message boards, and then deleted the messages or shut down their accounts entirely, according to Sharesleuth, which is affiliated with short seller Mark Cuban.
The coordinated posting ended abruptly in late August, just before Kandi announced it was selling $71 million in stock to undisclosed investors, at a 10 percent discount to the market price, according to Sharesleuth, which had earlier raised questions about Kandi's claimed U.S. sales figures.
In May, George Tazbaz of Canada, Roger D. Lockhart of Arkansas and Shawn A. Becker of Overland Park, Kansas were named by the SEC complaint in connection with the earlier Kandi scheme.
The complaint also named S. Paul Kelley of Canada and Robert S. Agriogianis of Florham Park, New Jersey in connection with related allegations concerning China Auto Logistics Inc. (NASDAQ: <a class="ticker" href="/stock/cali#NASDAQ">CALI</a>) and Guanwei Recycling Corp. (Nasdaq: <a class="ticker" href="/stock/gprc#Nasdaq">GPRC</a>). 
Kelley and Lockhart immediately agreed to settle the charges for $9 million, while Agriogianis signed a cooperation agreement. Tazbaz and Becker were expected to litigate the charges.

Kandi Technologies Says SEC Won't Act On Probe

Guanwei Recycling Shares Halted News Pending

Liberty Media (NASDAQ: <a class="ticker" href="/stock/lmca#NASDAQ">LMCA</a>) declined 65.17% to $49.22 after the company announced adjustment to the conversion rate of its 1.375% cash convertible senior notes due 2023.
Guanwei Recycling (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>) shares slipped 45.83% to $0.78 after the company received a notice from the Depository Trust Company.
Tristate Capital Holdings (NASDAQ: <a class="ticker" href="/stock/tsc#NASDAQ">TSC</a>) shares dropped 21.72% to $10.63 on Q2 results.
Angie's List (NASDAQ: <a class="ticker" href="/stock/angi#NASDAQ">ANGI</a>) shares tumbled 21.24% to $8.01 after the company reported a wider-than-expected quarterly loss and issued a weak revenue forecast. Bank of America downgraded Angie's List from Buy to Neutral and lowered the price target from $16.00 to $12.00.
Clearfield (NASDAQ: <a class="ticker" href="/stock/clfd#NASDAQ">CLFD</a>) declined 13.52% to $13.88 on weaker-than-expected FQ3 results.
Intricon (NASDAQ: <a class="ticker" href="/stock/iin#NASDAQ">IIN</a>) shares fell 11.73% to $7.15 after the company reported Q2 results.
TripAdvisor (NASDAQ: <a class="ticker" href="/stock/trip#NASDAQ">TRIP</a>) dropped 9.90% to $96.74 after the company reported weaker-than-expected second-quarter profit.
The Bancorp (NASDAQ: <a class="ticker" href="/stock/tbbk#NASDAQ">TBBK</a>) fell 9.47% to $9.84 on Q2 results.
QUALCOMM (NASDAQ: <a class="ticker" href="/stock/qcom#NASDAQ">QCOM</a>) shares slipped 6.80% to $76.06 after the company issued downbeat earnings forecast for the current quarter. The company reported a 42% rise in its fiscal third-quarter net income. Evercore Partners downgraded QUALCOMM from Overweight to Equal-weight and lowered the price target from $88.00 to $83.00.
West Marine (NASDAQ: <a class="ticker" href="/stock/wmar#NASDAQ">WMAR</a>) shares dropped 6.67% to $8.95 after the company reported downbeat Q2 results and issued a weak FY14 outlook.
Sarepta Therapeutics (NASDAQ: <a class="ticker" href="/stock/srpt#NASDAQ">SRPT</a>) fell 1.87% to $20.95 following an SEC filing from the company which stated the company's Senior Vice PResident and Chief Science Officer has been "terminated".

Guanwei Recycling (Nasdaq: <a class="ticker" href="/stock/gprc#Nasdaq">GPRC</a>) reported today it received a letter of notification from the Depository Trust Company ("DTC") on July 18, 2014, that DTC intends to suspend all book entry services provided to DTC participants with respect to GPRC shares (the "Global Lock"). The letter indicated the Company has until August 14, 2014 to provide a written response stating its objections to the DTC action, after which the latter will make either a determination or a request for further information within 20 days. The DTC decision is the result of a recent SEC enforcement action against S. Paul Kelley and four other individuals, in which the SEC alleges that Kelly et al issued unregistered shares of the Company in violation of Section 5 of the Securities Act. (See Securities and Exchange Commission v. S. Paul Kelley. et al., Civil Action No. 2:14-cv-2827) (D. N.J., filed May 5, 2013). It is DTC's position that such shares were not eligible for deposit at DTC for book entry services. Because all the
 <a href="http://www.benzinga.com/pressreleases/14/07/b4724966/guanwei-recycling-reports-receipt-of-notice-from-depository-trust-compa">See full press release</a>

Contracts

Press Releases

Guanwei Recycling Receives Notice from DTC; Says DTC Plans Are Unfair and Damaging to Current Shareholders 

Guidance

Management

Guanwei Recycling Says, Contrary to Reports, No Firm Plans to Expand Production Facilities In Current Market Conditions

Liquid Holdings Group (NASDAQ: <a class="ticker" href="/stock/liqd#NASDAQ">LIQD</a>) shares fell 43.04% to $1.31 after the company priced a follow-on offering of 32,000,000 shares at a price of $1.25 per share.

Guanwei Recycling (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>) declined 34.47% to $1.35 after the company reported its Q1 earnings of $0.07 per share on revenue of $11.80 million.

VOXX International (NASDAQ: <a class="ticker" href="/stock/voxx#NASDAQ">VOXX</a>) declined 28.80% to $7.17 after the company reported a Q4 loss of $0.35 per share on revenue of $187.10 million. B Riley downgraded VOXX from Buy to Neutral and cut the price target from $18.00 to $10.00.

NQ Mobile (NYSE: <a class="ticker" href="/stock/nq#NYSE">NQ</a>) shares tumbled 26.10% to $7.56 on 20-F filing delay.

Sorrento Therapeutics (NASDAQ: <a class="ticker" href="/stock/srne#NASDAQ">SRNE</a>) shares tumbled 22.09% to $5.22 after the company priced 4,765,000 shares of common stock at a price of $5.25 per share.

E-Commerce China Dangdang (NYSE: <a class="ticker" href="/stock/dang#NYSE">DANG</a>) shares slipped 17.59% to $9.51 after the company reported weaker-than-expected Q1 revenue and issued a weak Q2 revenue guidance.

Goldfield (NYSE: <a class="ticker" href="/stock/gv#NYSE">GV</a>) shares dipped 17.21% to $1.78 after the company reported Q1 results. 

The ExOne Company (NASDAQ: <a class="ticker" href="/stock/xone#NASDAQ">XONE</a>) declined 11.51% to $27.28 after the company reported a wider first-quarter loss. The company posted a loss of $0.38 per share on revenue of $7.3 million. However, analysts were projecting a loss of $0.12 per share on revenue of $9.7 million.

Bristol-Myers Squibb Company (NYSE: <a class="ticker" href="/stock/bmy#NYSE">BMY</a>) shares slipped 4.72% to $49.66 as the company reported that nivolumab in combo with yervoy in Phase 2 and 1b trials showed anti-tumor activity. BMO Capital downgraded Bristol-Myers Squibb from Overweight to Market Perform and cut the price target from $60.00 to $55.00.

Delek US Holdings (NYSE: <a class="ticker" href="/stock/dk#NYSE">DK</a>) slipped 3.18% to $30.11 after the company priced 9.2 million shares of its common stock at $30.00 per share.

DANG

LIQD

SRNE

VOXX

XONE

Guanwei Recycling Corp. (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>) reports Q1 EPS of $0.07. Revenue came in at $11.80M

Earnings

Guanwei Recycling Corp. Reports Q1 EPS of $0.07; Revenue of $11.80M

Prana Biotechnology (NASDAQ: <a class="ticker" href="/stock/pran#NASDAQ">PRAN</a>) shares tumbled 70.79% to $2.88 on failed Phase 2 Alzheimer's trial results.

Clean Diesel Technologies (NASDAQ: <a class="ticker" href="/stock/cdti#NASDAQ">CDTI</a>) dipped 10.90% to $3.76 on Q4 results. Clean Diesel Tech posted a Q4 loss of $0.27 per share, versus analysts' expectations for a loss of $0.06 per share.

MannKind (NASDAQ: <a class="ticker" href="/stock/mnkd#NASDAQ">MNKD</a>) shares fell 8.90% to $4.40 trading after dropping 7.12% on Friday. 

Guanwei Recycling (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>) shares dropped 7.12% to $3.00 after the company reported full-year 2013 results. Guanwei Recycling's 2013 net income slipped 18.05% to $9,699,497.

Ocean Bio-Chem (NASDAQ: <a class="ticker" href="/stock/obci#NASDAQ">OBCI</a>) shares fell 6.73% to $2.91 after the company reported Q4 results. Ocean Bio-Chem reported its Q4 earnings of $0.04 per share on revenue of $7.80 million.

GenCorp (NYSE: <a class="ticker" href="/stock/gy#NYSE">GY</a>) shares fell 3.76% to $17.90 after the company reported Q1 results. GenCorp reported a Q1 loss of $0.03 per share.

BlackBerry (NASDAQ: <a class="ticker" href="/stock/bbry#NASDAQ">BBRY</a>) slipped 3.51% to $8.11 after falling 7.07% on Friday. Analysts at Credit Suisse downgraded BlackBerry from neutral to underperform and lowered the target price from $7 to $6. 

General Motors Company (NYSE: <a class="ticker" href="/stock/gm#NYSE">GM</a>) shares declined 1.76% to $34.12. Federal regulators twice declined to open formal investigations into GM cars with faulty ignition switches, according to the Wall Street Journal.

CDTI

MNKD

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PRAN

At 10:05 am, the Dow tumbled 0.28% to 15,963.56, the broader Standard &amp; Poor's 500 index moved down 0.13% to 1,798.61 and the NASDAQ composite index rose 0.01% to 4,045.63.

The industries that are still afloat in the market today are:

Computer Peripherals: This industry jumped 2.06% by 10:05 am. The top performer in this industry was Voxeljet AG (NYSE: <a class="ticker" href="/stock/vjet#NYSE">VJET</a>), which rose 6%. Voxeljet's trailing-twelve-month revenue is $13.04 million. 

Waste Management: This industry moved up 1.76% by 10:05 am. The top performer in this industry was Guanwei Recycling (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>), which gained 5.5%. Guanwei Recycling's trailing-twelve-month ROE is 22.91%.

Electronic Equipment: This industry rose 1.41% by 10:05 am ET. The top performer in this industry was SGOCO Group (NASDAQ: <a class="ticker" href="/stock/sgoc#NASDAQ">SGOC</a>), which gained 4.1%. SGOCO shares have jumped 200.84% over the past 52 weeks, while the S&amp;P 500 index has gained 27.99% in the same period. 

Auto Parts Wholesale: The industry gained 1.11% by 10:05 am. The top performer in this industry was Magna International (NYSE: <a class="ticker" href="/stock/mga#NYSE">MGA</a>), which gained 0.7%. Magna's PEG ratio is 0.85.

SGOC

VJET

Top Performing Industries For December 3, 2013

Celldex Therapeutics (NASDAQ: <a class="ticker" href="/stock/cldx#NASDAQ">CLDX</a>) surged 25.34% to $6.9190 at 9:54 am. Celldex Therapeutics announced final results from the company's randomized Phase 2b EMERGE study of CDX-011 in patients with glycoprotein NMB (GPNMB)-expressing, advanced, heavily pretreated breast cancer.

Guanwei Recycling (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>) climbed 25.15% to $2.09. Guanwei Recycling's trailing-twelve-month ROE is 33.04%.

Geron (NASDAQ: <a class="ticker" href="/stock/gern#NASDAQ">GERN</a>) surged 24.53% to $1.32. Geron reported positive clinical results from the Phase 2 trial of imetelstat in patients with essential thrombocythemia.

Intermec (NYSE: <a class="ticker" href="/stock/in#NYSE">IN</a>) shares advanced 22.68% to $9.79. Honeywell International (NYSE: <a class="ticker" href="/stock/hon#NYSE">HON</a>) announced its plans to buy Intermec for $600 million.

CLDX

GERN

Morning Market Movers

Below are highlights from Benzinga's daily coverage of small cap and microcap securities making big moves:

Proteonomix

Shares of Proteonomix (<a class="ticker" href="/stock/prot#">PROT</a>), the Mountainside, NJ biotechnology company, rose 155% Monday on 3 times average volume.

Proteonomix announced Tuesday that the U.S. Food and Drug Administration has granted permission to the Company to initiate a Phase 1 clinical trial with its mobilization technology UMK-121. The Proteonomix-sponsored trial will evaluate UMK-121 in patients with end-stage liver disease.

“Permission by the FDA marks an important milestone in our plans to initiate a Company-sponsored clinical trial with UMK-121, following years of research and investment to advance development of this drug candidate,” said Proteonomix Chief Technology Officer Steven Byle. “We hope and anticipate that this trial will demonstrate the potential of UMK-121 to mobilize stem cells in order to improve liver function in patients with ESLD. We consider ourselves fortunate to be involved with a development-stage therapy that could improve the life expectancy for this class of terminally ill 
patients awaiting liver transplants.”

Proteonomix closed at $4.11 on Monday.

Guanwei Recycling

Shares of Guanwei Recycling (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>), the China-based manufacturer and distributor of low density polyethylene, rose 38.10% Monday on 13 times average volume.

Guanwei Recycling reported Tuesday that revenues in its second quarter ended June 30, 2012 increased 18.6% to $18,694,938, including $1,773,129 from the resale of raw materials, compared with revenues of $15,757,662 in the same quarter last year. The Company also reported an increase of 3.41% in the selling prices of its manufactured recycled LDPE year over year. However, this increase was not sufficient to offset increased raw material, labor and overhead costs in the period. The resulting lower profit margins contributed to an 8.41% year over year decline in net income to 
$3,163,030, or $0.15 per share, compared with $3,453,360, or $0.17 per share, in the 2011 second quarter.

Guanwei Recycling closed at $0.87 on Monday.

Aeterna Zentaris

Shares of Aeterna Zentaris (NASDAQ: <a class="ticker" href="/stock/aezs#NASDAQ">AEZS</a>), the Canada-based biopharmaceutical company, rose 33.33% Monday on almost 3 times average volume.

Aeterna Zentaris reported Tuesday financial and operating results as at and for the second quarter ended June 30, 2012.

Revenues were $7.5 million for the quarter ended June 30, 2012, compared to $6.5 million for the same quarter in 2011. This increase is largely attributable to comparative higher deliveries of Cetrotide to certain customers and to higher research and development services provided, partly offset by the relative weakening of the euro against the US dollar.

Net income amounted to $4.5 million, or $0.04 per basic and diluted share, for the quarter ended June 30, 2012, compared to a net loss of $10.6 million, or $0.12 per basic and diluted share, for the same quarter in 2011. This significant decrease in net loss is mainly attributable to higher net finance income.

Aeterna Zentaris closed at $0.51 on Monday.

The information in this article is taken from public sources, press releases, and websites that cannot always be verified. Please note that investing in microcap stocks is highly speculative. The companies mentioned here are for information purposes only. Benzinga makes no claim as to the suitability of these stocks as an investment.

Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.

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PROT

Benzinga's Microcap Movers for Monday August 14, 2012

Guanwei Recycling (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>) reports second-quarter EPS of $0.15.

Guanwei Recycling Reports Q2 EPS $0.15

Guanwei Recycling Corp. (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>), China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), reported today it received a letter from the Nasdaq Stock Market stating that for the 30 day period from May 23, 2012 to July 6, 2012, the bid price of the Company's common stock closed below the minimum $1.00 per share requirement for continued inclusion on Nasdaq pursuant to Nasdaq Marketplace Rule 5450(a)(1) (the "Minimum Bid Price Rule"). 

The Nasdaq letter has no immediate effect on the listing of the Company's common stock. In accordance with Nasdaq Rule 581010(c)(3)(A), the Company will be provided 180 calendar days, or until January 7, 2013, to regain compliance with the Minimum Bid Price Rule. The Company may regain compliance with the Minimum Bid Price Rule if the bid price of the Company's Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days at any time prior to January 7, 2013.

Guanwei Recycling Corp. Receives Nasdaq Letter Regarding Non-Compliance With Minimum Bid Price Rule  

Guanwei Recycling Corp. (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>) today announced the execution of a debt conversion agreement with Chenxin International Limited, a Hong Kong company and shareholder of the Company which is controlled by Mr. Rui Wang, a director of the Company. P

ursuant to the agreement, all expenses previously paid by Chenxin on behalf of the Company, totaling $1,468,167, shall be cancelled in exchange for the issuance by the Company to Chenxin of 815,684 shares of Guanwei's common stock, or $1.80 per share.

Guanwei Recycling Announces Debt Conversion Agreement  

Below are highlights from Benzinga's daily coverage of microcap securities making big moves:

Guanwei Recycling

Shares of Guanwei Recycling (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>), the China manufacturer and distribution of low density polyethylene from plastic waste, rose 32% Tuesday on 23 times the average daily volume.

A <a href="http://seekingalpha.com/article/486631-guanwei-recycling-corp-could-be-the-next-3-bagger">Seeking Alpha</a> article on Monday saying that Guanwei could be a three-bagger was most likely responsible for the big move.

Guanwei Recycling closed at $1.64 on Tuesday.

NetSol Technologies

Shares of NetSol Technologies (NASDAQ: <a class="ticker" href="/stock/ntwk#NASDAQ">NTWK</a>), the Calabasas, CA provider of IT services and enterprise solutions for leasing and finance, health care technology, insurance, and e-Procurement, rose 15% Tuesday on almost 3 times the average daily volume.

NetSol Technologies announced that it has signed an agreement valued at approximately $4 million to implement its entire NetSol Financial Suite solution, including its Wholesale and Retail platforms, with the captive finance arm of a major Japanese auto manufacturer in the Asia Pacific Region. The name of the company is not being disclosed for competitive reasons.

NetSol Technologies closed at $0.44 on Tuesday.

Data I/O

Shares of Data I/O (NASDAQ: <a class="ticker" href="/stock/daio#NASDAQ">DAIO</a>), the Redmund, WA provider of programming solutions for semiconductor devices, fell 21% Tuesday on 6 times the average daily volume.

Data I/O Corporation announced Monday that for the first quarter of 2012, it expects to report revenues of approximately $3.7 million and a net loss in the range of $1.7 to $2.0 million. Bookings for the quarter were $4.2 million, and backlog grew to $1.6 million as of March 31, 2012. The Company believes the decline in orders and revenue relates primarily to reduced capital spending resulting from economic uncertainty related to the European sovereign debt and to a downturn in Asia-based electronics manufacturing. Orders in those two regions were each down approximately 40% compared to the first quarter of 2011; however, orders from the Americas were up 14% compared to the first quarter of 2011.

Data I/O closed at $2.88 on Tuesday.

DAIO

NTWK

Benzinga's Microcap Movers for Tuesday April 10, 2012

Guanwei Recycling Corp. (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>), China's leading clean tech manufacturer of recycled low density polyethylene , reported today it received a letter from the Nasdaq Stock Market stating that for the previous 30 consecutive business days, prior to January 25, 2012, the bid price of the Company's common stock closed below the minimum $1.00 per share requirement for continued inclusion on Nasdaq pursuant to Nasdaq Marketplace Rule 5450(a)(1). 

The Nasdaq letter has no immediate effect on the listing of the Company's common stock. In accordance with Nasdaq Rule 581010(c)(3)(<a class="ticker" href="/stock/a#">A</a>), the Company will be provided 180 calendar days, or until July 23, 2012, to regain compliance with the Minimum Bid Price Rule. The Company may regain compliance with the Minimum Bid Price Rule if the bid price of the Company's Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days at any time prior to July 23, 2012.

Guanwei Recycling
Corp. (NASDAQ: <a class="ticker" href="/stock/gprc#NASDAQ">GPRC</a>) announced today that it
received official government approval for expansion of its quota for
imported plastic waste which will allow continued strong growth of
its recycled plastic production.

Guanwei Granted Expanded Imported Waste Quota; Sets Sights on Increased Production

Guanwei Recycling Corp. (NASDAQ: GPRC) announced today that it received official government approval for expansion of its quota for imported plastic waste which will allow continued strong growth of its recycled plastic production. 

Having met the rigorous requirements for obtaining the higher quota, the Company reported its aggregate quota of 59,000 tons of imported plastic waste has been increased to 99,000 tons in 2011, which will grow to 185,000 tons next year, following another required abbreviated permitting process. 

Further, all 40,000 additional tons in its quota this year are in Guanwei's name, as will be 150,000 tons of the quota next year. An additional 35,000 tons continue to be in the name of another company which has contracted them to Guanwei for a ten year period.

Guanwei Granted Expanded Imported Waste Quota; Sets Sights on Increased Production  

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GUANWEI RECYCLING CRP by Guanwei Recycling Corp.

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