Stocks Gapping Up and Down This Morning

Gapping up

ONP +36.5%, IMOS +14.0%, APT +13.4% (light volume), PANL +7.4%, VRA +6.8%, RAME +6.1% (light volume), AIR +4.7% (ticking higher), UHS +2.2%.

Uranium related names are modestly rebounding: URG +5.7%, URRE +3.8%, UEC +1.9%, DNN +1.3%, CCJ +1.3%.

Select oil/gas related names showing strength: LEI +11.5%, ROYL +6.6%, TIV +6.5%, LNG +2.1%, CHK +1.8%, WLT +1.2%.

A few coal names are also ticking higher: PCX +1.6%, BTU +1.5%, ACI +1.0%.

Other news:  RMBS +7.9% (announces it has renewed its patent license agreement with Toshiba Corporation), HIT +3.6% and SNE +0.4% (modestly rebounding), ERIC +2.6% (issues statement on situation in Japan; not expected to have material impact on 1Q11 sales), BTU +1.3% (Cramer makes positive comments on MadMoney).

Analyst comments: BBT +1.2% (upgraded to Buy from Hold at Deutsche Bank)

Gapping down

In reaction to disappointing earnings/guidance: ORCC -26.9% (also announced last night that it has terminated its evaluation of potential business combinations, downgraded to Neutral from Buy at Janney Montgomery Scott), PSUN -7.2%, CHL -2%.

Select financial related names showing weakness:  HBC -3.6%, BCS -3%, STD -2.8%, UBS -1.4%, DB -1.1%.

Other news: HQS -4.4% (to postpone fourth quarter and fiscal year 2010 earnings release date), AMLN -3.4% (Amylin Pharma and Takeda voluntarily suspend clinical activities in Obesity Trial), ENER -3.4% (ticking lower; weakness attributed to tier 1 firm downgrade), SIHI -2.3% (announces $11 mln registered direct offering at $2.30 per share ), CCL -1.6% (still checking for anything specific).

Analyst comments:  IBM -1.7% (downgraded to Market Perform from Outperform at Bernstein), RIG -1.3% (initiated with Sell at Guggenheim), AAPL -0.7% (downgraded to Market Perform from Market Outperform at JMP Securities), TEF -0.7% (downgraded to Underperform from Neutral at Exane BNP Paribas).

If you enjoy the content at iBankCoin, please follow us on Twitter