Afternoon Market Top Percentage Gainers and Losers (CAAS, GENE, HNSN, SYMX, TPX, SCOK, QXM, IDIX, AIB, HERO)

Best 1) China Automotive Systems CAAS: Skyrocketing 36.49% to $11.14 after reporting that preliminary Q4 sales were ahead of consensus estimates. Looks like a short squeeze is underway. 2) Genetic Technologies GENE: Currently up 22.6% to $3.25. Shares have been surging since the opening bell. 3) Hansen Medical HNSN: Shares have been steadily gaining ground all day. Trading 16.60% higher to $2.92 4) Synthesis Energy Systems SYMX: The stock has vaulted 15.81% to $3.15 since 10:35 a.m. EST. 5) Tempur-Pedic International TPX: Gaining 12.88% to $57.62 after raising its 2011 forecast yesterday afternoon. Worst 1) SinoCoking Coal & Coke Chemical Industries SCOK: Currently down 21.15% to $6.04. Shares have been extending their losses throughout the day. 2) Qiao Xing Mobile Communication QXM: Losing 12.57% to $3.06. Stock continues to fall after yesterday's shareholder debacle, which ended the company's bid to go private. 3) Idenix Pharmaceuticals IDIX: Equity has sunk 11.11% to $2.88 after announcing plans to sell stock to the public. 4) Allied Irish Banks AIB: Equity is plunging 11.75% to $3.82. A notice from the National Pensions Reserve Fund Commission requiring the company to convert 10,489,899,564 convertible non-voting shares into ordinary shares is the reason for the drop. 5) Hercules Offshore HERO: Dropping 10.34% to $5.72. News of an investigation by the Justice Department and the Securities and Exchange Commission for potential violation of the Foreign Corrupt Practices Act is taking its toll.
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