34 Stocks Moving In Thursday's Mid-Day Session


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Gainers

  • LM Funding America, Inc. (NASDAQ:LMFA) shares rose 61.3 percent to $2.29 after acquiring IIU, a medical insurance product company.
  • Lipocine Inc. (NASDAQ:LPCN) shares surged 41.7 percent to $2.26 following the release of results from a study evaluating LPCN 1144, its pipeline asset for non-alcoholic steatohepatitis, or NASH. Lipocine announced Thursday that eight-week top-line, interim results from an ongoing 16-week liver fat imaging study of LPCN 1144 showed an absolute mean reduction from the baseline of 7. 6-percent liver fat and a 38-percent relative mean liver fat reduction from baseline.
  • Correvio Pharma Corp. (NASDAQ:CORV) jumped 32.1 percent to $3.01 after the company said it does not plan to sell more shares through its at-the-money offering.
  • PLx Pharma Inc. (NASDAQ:PLXP) gained 19.7 percent to $5.05.
  • Five Prime Therapeutics, Inc. (NASDAQ:FPRX) shares rose 14 percent to $11.44.
  • TravelCenters of America LLC (NASDAQ:TA) shares gained 12.5 percent to $4.59 after Hospitality Properties Trust agreed to sell 20 travel centers for $308.2 million.
  • Monaker Group, Inc. (NASDAQ:MKGI) shares rose 9.8 percent to $2.79.
  • Skechers U.S.A., Inc. (NYSE:SKX) climbed 9.7 percent to $27.81
  • Carriage Services, Inc. (NYSE:CSV) gained 9.4 percent to $18.60 after the company issued strong FY18 guidance.
  • Cars.com Inc. (NYSE:CARS) rose 7.8 percent to $24.97. After months of rumors, Cars.com announced Wednesday its ongoing review of strategic alternatives, including a possible sale.
  • Codexis, Inc. (NASDAQ:CDXS) gained 6.9 percent to $17.53.
  • Adamis Pharmaceuticals Corporation (NASDAQ:ADMP) rose 6.1 percent to $2.79 after Novartis division, Sandoz announces the launch of SYMJEPI Epinephrine Injection in the United States. Sandoz is a partner of Adamis Pharmaceuticals.
  • PG&E Corporation (NYSE:PCG) rose 5.1 percent to $7.39 after hedge fund BlueMountain Capital published an open letter encouraging the company not to file for bankruptcy.
  • Knight-Swift Transportation Holdings Inc. (NYSE:KNX) rose 5 percent to $30.60 after the company raised its Q1 EPS expectations.
  • M&T Bank Corporation (NYSE:MTB) gained 4.7 percent to $161.59 after the company reported Q4 EPS of $3.79 compared to the $3.50 analyst estimate.
  • Insmed Incorporated (NASDAQ:INSM) rose 4.4 percent to $24.26. Goldman Sachs upgraded Insmed from Neutral to Buy and raised the price target from $29 to $35.

 

Check out these big penny stock gainers and losers

Losers

  • Earthstone Energy, Inc. (NYSE:ESTE) shares tumbled 24.1 percent to $5.14. Earthstone reported FY18 sales volume of 9,930 barrels of oil equivalent/day, up 26 percent year over year. The company expects FY19 average daily production of 11,000-12,000 barrels of oil equivalent/day.
  • Signet Jewelers Limited (NYSE:SIG) dipped 22.1 percent to $26.00 after the company reported a weak same store sales growth outlook for Q4.
  • Cool Holdings, Inc. (NASDAQ:AWSM) shares fell 13.9 percent to $2.05 after climbing 38.37 percent on Wednesday.
  • Insteel Industries, Inc. (NASDAQ:IIIN) shares declined 13.5 percent to $21.17 after reporting Q1 earnings.
  • Quantenna Communications, Inc. (NASDAQ:QTNA) shares dropped 12.6 percent to $13.55.
  • China Commercial Credit, Inc. (NASDAQ:GLG) shares fell 11.7 percent to $2.0971.
  • PermRock Royalty Trust (NYSE:PRT) shares dropped 11.7 percent to $8.49. Stifel Nicolaus downgraded PermRock Royalty Trust from Buy to Hold.
  • CHF Solutions, Inc. (NASDAQ:CHFS) shares dipped 11.5 percent to $8.85.
  • ToughBuilt Industries, Inc. (NASDAQ:TBLT) shares fell 10.4 percent to $2.8755 after surging 156.80 percent on Wednesday.
  • Staffing 360 Solutions, Inc. (NASDAQ:STAF) shares declined 10 percent to $1.9440.
  • Eltek Ltd. (NASDAQ:ELTK) shares dropped 9.4 percent to $2.50.
  • United Natural Foods, Inc. (NASDAQ:UNFI) fell 9.3 percent to $13.99 after surging 28.29 percent on Wednesday.
  • Plexus Corp. (NASDAQ:PLXS) dipped 8.5 percent to $50.21. Plexus posted upbeat Q1 earnings. Plexus expects Q2 earnings of $0.80-$0.90 per share, on sales of $760 million-$800 million.
  • Bassett Furniture Industries, Incorporated (NASDAQ:BSET) dipped 8.4 percent to $ 19.58 following Q4 earnings.
  • Therapix Biosciences Ltd. (NASDAQ:TRPX) dropped 7 percent to $3.91.
  • Morgan Stanley (NYSE:MS) fell 5.7 percent to $41.95 after the bank reported weaker-than-expected earnings for its fourth quarter.
  • Aurora Cannabis Inc (NYSE:ACB) fell 4.8 percent to $6.98 after the company announced plans for a $250 million debt offering. After Wednesday's market close, Aurora announced a $250 million private placement of convertible senior notes due in 2024. The deal would also include the option for the buyers to purchase an additional $37.5 million in notes.
  • Revance Therapeutics, Inc. (NASDAQ:RVNC) fell 4.3 percent to $17.33. Revance priced its 5.882 million share common stock offering at $17 per share.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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