When was the last time anything good happened to Alcatel-Lucent, S.A. (NYSE: ALU)? It has been a while. With a contract win, with the highlights around its patents, and with the highlight around speedier web traffic, this one rose on a down day. In fact, Alcatel-Lucent was up 4.7% a $1.55 on the day with less than an hour until the closing bell.
Gold was down big earlier as investors are liquidating everything for a source of liquidity. So what are gold miners rising handily? Market Vectors Gold Miners ETF (AMEX: GDX) is the go-to ETF for gold mining stocks and offers a great basket of the major global gold players. This ETF was up 3.6% at $44.10 against a 52-week range of $39.08 to $66.98. We just highlighted the value and huge upside that the components offer here.
Patriot Coal Corporation (NYSE: PCX) is in trouble and its viability is in question, Still, yesterday’s news of working with Blackstone trumped a credit rating downgrade today. The coal player was up 21% at $2.65 on more than 19 million shares as of the end of the day.
Rosetta Genomics Ltd. (NASDAQ: ROSG) has continued its post-reverse-split surge and this is up almost 400% from the start of last week. This is continued buying pressure after Medicare coverage came out. Even a small capital raise has been ignored. Shares are up another 37% at $10.23 and the post-split adjusted 52-week range is $1.40 to $36.45.
School Specialty Inc. (NASDAQ: SCHS) is surging simply on a debt refinancing. That is not your usual rally tool, but the move here is massive. Shares were up 23% at $3.00 in the last hour of trading and the 52-week range is $2.15 to $15.84.
JON C. OGG
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