GSTP has an agreement to explore for minerals in the wilds of Russia, HASC has a new agreement with GE Healthcare to finance its mobility products and AXIH has a new JV to tap into the $8 billion global railroad tie market (but its stock remains caught in a downtrend).
JRJC’s results reveal that investor enthusiasm for Chinese stocks has cooled while MCOX shows that the Chinese eCommerce sector is getting more competitive but CCIH could be on the rebound.
Social networking stock FFN has high debt levels while BIZZ lacks revenue and profits but QPSA looks interesting as it could be considered the Hispanic or Latin American version of Facebook.
I had a feeling PaperTrader knew what he was talking about when he (or she) re-picked VirnetX (VHC) last Thursday. I recommended – or actually passed the recommendation on – to you guys on Friday morning, and the stock just happened to jump 8.0% to $38.89 (and rallied another 1.0% to $39.60 in after-hours trading). And, if you want to get technical about it, your actual gain with VirnetX would have been based on the opening price of $35.07 on Friday…. closer to an 11.0% move.
Welcome to the weekend, folks, and what a wild Friday it was! Just when the market was about to pass the bearish point of no return, some stellar employment numbers swooped in to save the day. Friday was not only an encouraging end to the trading week, it was also the biggest daily gain we’ve seen in a while. So what does this mean for stocks, and what does it mean for you?
Metabolix, Inc. (Nasdaq:MBLX) Shares of MBLX soared $0.56 (or +52.34%) to $1.63, with a volume of 4,505,885 shares traded on Friday’s market activity. The company reported that it has launched Mvera(TM) B5011, a new film grade resin that allows for production of compostable, and highly transparent, film and bags. MBLX designed Mvera B5011 to meet international industrial standards for compostability,