Top Active Trader Alert Stocks (BBEP, CNXT, PNNT)

February 8, 2011 by Douglas A. McIntyre

Active traders and day traders have many stocks to choose from this Tuesday morning.  We are tracking news and moves in shares of Breitburn Energy Partners, LLC. (NASDAQ: BBEP), Conexant Systems, Inc. (NASDAQ: CNXT), and Pennant Park, Inc. (NASDAQ: PNNT).

Breitburn Energy Partners, LLC. (NASDAQ: BBEP) is down 5% premarket to $21.16, relative to a 52-week range of $13.12-$23.14. The company issued a public offering of 4 million shares.

Conexant Systems, Inc. (NASDAQ: CNXT) is up 18% on heavy volume to $2.47, relative to a 52-week range of $1.32-$5.27. The company stated it was considering a bid from another company that could top the $200 million deal offered by Standard Microsystems.

Pennant Park, Inc. (NASDAQ: PNNT) is down 5% premarket on heavy trading to $12.41, relative to a 52-week range of $8.09-$13.19. The company announced it will be releasing a sizeable public stock option.

 

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