Archive for November 6th, 2008

After-Hours Surge: GT SOLAR (SOLR)

GT Solar International, Inc. (NASDAQ: SOLR) has posted some strong earnings and mixed guidance, but shares are rallying sharply as the valuations here are dirt cheap. This closed down 14% in regular trading at $4.48, but the stock is back up 10% at $4.96 in after hours coverage on more than 32,000 shares as of [...]

Level 3 Hits Sub-$1.00… Again (LVLT)

Level 3 Communications (NASDAQ: LVLT) is truly sucking wind this morning.  Shares are down 7% at $0.99 on over 6 million shares at 10:09 AM ESt.  The average daily volume is almost 28 million shares.
It seems that we aren’t alone in our concerns about its recent filing and abilities to raise cash.  Shares gave back [...]

Daily Disaster: Noble International (NOBL)

Noble International, Ltd. (NASDAQ: NOBL) was the worst blow seen up so far.  Shares are down by more than 50% to $0.83 after a dismal report and outlook for earnings last night.  This is a new 52-week under the prior $1.09 low, but is down almost 95%  from its most recent 52-week highs above $19.00.
The [...]

Las Vegas Sands Killing Casinos (LVS, MGM, WYNN)

Las Vegas Sands Corp. (NYSE: LVS) is being slapped hard this morning.  In an SEC filing, the Las Vegas properties are not performing per the debt covenants and the company will now have to raise capital.  The recession is taking its toll on Las Vegas.  If the company doesn’t raise capital or doesn’t get waivers, [...]

A Winner in Retail: Hot Topic, Really (HOTT)

We won’t bother telling you how bad the retail same store sales numbers came in across the board.  But pop culture apparel and merchandise retailer Hop Topic, Inc. (NASDAQ: HOTT) is surging this morning.  At 9:50 this stock is up 15% at $6.95 on well over 300,000 shares.  An average day is 750,000 shares and [...]

Pric/Volume Surge: Western Refining (WNR)

Western Refining Inc. (NYSE: WNR) is Surging this morning… Shares are up over 15% at $8.38 on over 250,000 shares as of 9:48 AM EST.  This is on earnings and full details are at 24/7 Wall St.
This is an interesting spot here.  Shares are up nearly double from lows, but the stock is still down [...]