iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Gapping Up and Down This Morning

Gapping up

  • ALU +18% (reports indicate ALU is discussing financing with Goldman)
  • ASTC +18% on light volume (T. Boone Pickens disclosed 19.4% stake in 13D filing out Wednesday after the close)
  • RIMM +13.4% (positive analyst comments from National Bank Financial; analyst raised Blackberry 10 ests and raised RIMM tgt to $15 from $12)
  • MAPP +8.4% (announces FDA acceptance of filing of NDA resubmission for LEVADEX; PDUFA date set for April 15, 2013)
  • LTON +4.6% (announces $8 million share repurchase program)

 

Gapping down 

  • KITD -50% (announced restatement of prior period financial statements and postponement of third quarter 2012 results; this morning co’s former Chairman/CEO urged company to discuss acquisition offer and conduct open and transparent sale process)
  • OCZ -8.0% (receives inquiry from SEC)
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