Despite Crash, Many Stocks Rose (ABVT, AOL, CBEY, CKP, CAAS, CI, CNK, CLWR, RDEN, HTRN, HNT, IO, ITMN, KERX, MED, PCS, PACR, PPO, TDC, TIE, ABCO)
Yesterday was a Cluster-something or an outright debacle. The stock market was a sea of red, but outside of inverse-ETF products there were actually many winners. We tried to look for the active gainers and screen out most of the…
Abovenet Inc. (NASDAQ: ABVT) +5.2%
AOL Inc. (NYSE: AOL) +2.6%
Cbeyond Inc. (NASDAQ: CBEY) +3.6%
Checkpoint Systems Inc. (NYSE: CKP) +10.6%
China Automotive Systems Inc. (NASDAQ: CAAS) +5%
CIGNA Corporation (NYSE: CI) +2.9%
Cinemark Hldgs Inc. (NYSE: CNK) +4.4%
Clearwire Corporation (NASDAQ: CLWR) +5.7%
Elizabeth Arden Inc. (NASDAQ: RDEN) +5.7%
Healthtronics Inc. (NASDAQ: HTRN) +32%
Health Net Inc. (NYSE: HNT) +5.8%
Ion Geophysical Corporation (NYSE: IO) +3.7%
Intermune Inc. (NASDAQ: ITMN)… although it imploded this week.
Keryx Biopharmaceuticals Inc. (NASDAQ: KERX) +6.8%
Medifast Inc. (NYSE: MED) +7.8%
MetroPCS Communications Inc. (NYSE: PCS) +4.1%
Pacer International (NASDAQ: PACR) +10%
Polypore International Inc. (NYSE: PPO) +15%
Teradata Corp. (NYSE: TDC) +3%
Titanium Metals Corp. (NYSE: TIE) +12%
The Advisory Board (NASDAQ: ABCO) +11%
Imagine how well some of these might have done had the market not been a blood-bath.
JON C. OGG
Contact [email protected] for any questions or corrections.
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.