Investing

Top Active Trader Alerts (PAR, DELL, GES, MNTA, NFLX, PCBC, SCON, TRMA, YRCW)

Active traders and day traders have several big movers to choose from this morning.  Stocks on the move are 3PAR, Inc. (NYSE: PAR), Dell Inc. (NASDAQ: DELL), Guess? Inc. (NYSE: GES), Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA), Netflix, Inc. (NASDAQ: NFLX), Pacific Capital Bancorp (NASDAQ: PCBC), Superconductor Technologies Inc. (NASDAQ: SCON), Trico Marine Services Inc. (NASDAQ: TRMA), and YRC Worldwide Inc. (NASDAQ: YRCW).

3PAR, Inc. (NYSE: PAR) is actually lower despite a raised bid from Dell Inc. (NASDAQ: DELL).  Dell’s new bid is $24.30, which is only $0.30 above the $24.00 offer by Hewlett-Packard Co. (NYSE: HPQ).  3PAR shares are down 2.95% at $25.97 versus the $26.76 close due to the notion that a bidding war now looks tighter and smaller rather than more robust.  Dell Inc. (NASDAQ: DELL) shares are actually up 1.8% at $12.00 on the news.

Guess? Inc. (NYSE: GES) was not expected to cut 2010 guidance, but its views are short of estimates.  Shares are down 6.2% at $35.85, but keep in mind that its 52-week range is $30.54 to $51.28.

Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) is on the rise on strong volume after a district judge denied Sanofi-Aventis request for a preliminary injunction directing the FDA to suspend and withdraw its approval of the Abbreviated New Drug Application filed by the Momenta’s collaboration partner, Sandoz, for enoxaparin sodium injection USP, a generic version of Lovenox. The decision is subject to appeal.     Still, shares are up 7.8% at $16.90 on more than 300,000 shares.

Netflix, Inc. (NASDAQ: NFLX) is up with momentum this morning.  Shares are up 2.6% at $127.50 on over 50,000 shares.

Pacific Capital Bancorp (NASDAQ: PCBC) ahead of a rights offering.  Shares are down 60% at $0.64 on over 2.8 million shares.

Superconductor Technologies Inc. (NASDAQ: SCON) is not super nor is it conducting this morning.  The company priced a 4 million share secondary offering at $1.50 per share to raise about $5.3 million.  Shares are down 17% at $1.55 on 185,000 shares.  This is already triple of a day’s average volume and this marks a 52-week low as the prior range was $1.86 to $3.99.

Trico Marine Services Inc. (NASDAQ: TRMA) is getting crushed after its U.S. operations filed for Chapter 11 bankruptcy protection.  Shares are down 29.4% at $0.18 on about 200,000 shares in pre-market trading.

YRC Worldwide Inc. (NASDAQ: YRCW) ebbs and flows each day with the direction of the market, and this morning it is flowing.  Shares are up 7% at $0.28 on 130,000 shares.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.