Top Percentage Gainers and Losers as of 2pm 06/16/11

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Best
1) BSD Medical
BSDM
: Shares of BSD Medical are currently trading up 20.5% from yesterday's close to $3.76. The company announced positive results emanating from its sales and distribution of
MicroThermX
Microwave Ablation product line. The stock broke above its 50-day simple moving average in today's session. 2) Southern Union Company
SUG
: Shares of Southern Union Company are currently trading up 17.7% from yesterday's close to $33.26. The company is being bought by Energy Transfer Equity
ETE
for $7.9 billion. Shareholders of Southern Union will exchange each share for newly issued Series B shares valued at $33 per share. 3) Allos Therapeutics
ALTH
: Shares of Allos Therapeutics are currently trading up 14% from yesterday's close to $2.11. Today, the company presented initial data from COMPLETE, an international compilation of data designed to address the demand for a heightened understanding of treatment patterns and results for patients with peripheral T-cell lymphoma. The stock hit a 52-week low of $1.84 in yesterday's session. 4) Life Partners Holdings
LPHI
: Shares of Life Partners Holdings are currently trading up 13.2% from yesterday's close to $4.20. The stock recently hit a 52-week low of $3.20 on June 10th. A bullish double bottom formation appears to be taking shape on a one year daily chart. 5) Acura Pharmaceuticals
ACUR
: Shares of Acura Pharmaceuticals are currently trading up 12.1% from yesterday's close to $4.07. The stock has lost 25% since hitting a 52-week high of $5.45 on June 6th.
Other Notable Gainers
Opnext
OPXT
: Shares of Opnext are currently trading up 11.3% from yesterday's close to $2.36. The stock started the session in negative territory, but heavy buying volume began pushing shares higher at 9:36am. The stock broke above its 50- and 200-day simple moving averages (one year daily chart) in today's action. Orbitz Worldwide
OWW
: Shares of Orbitz Worldwide are currently trading up 8.7% from yesterday's close to $2.50. Heavy volume buying began pushing shares up at 11:32am. The stock has built strong support around the $2.25 area. Furmanite
FRM
: Shares of Furmanite are currently trading up 8.5% from yesterday's close to $7.82. The stock broke above its 50-day simple moving average (one year daily chart) in today's session. A bullish head and shoulders pattern (inverse) appears to be taking shape on a one year daily chart.
Worst
1) Harbin Electric
HRBN
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: Shares of Harbin Electric are currently trading down 50% from yesterday's close to $7.17. A story was published by Seeking Alpha regarding loan fraud by Harbin. The buyout of the company for $24 per share by its Chairman/CEO has been questioned frequently by Seeking Alpha and Citron Research. Shares hit a 52-week low of $7.10 in today's session. 2) Yuhe International
YUII
: Shares of Yuhe International are currently trading down 43.4% from yesterday's close to $2.29. A Seeking Alpha report was published today questioning whether or not Yuhe lied when it said that it had agreed to buy 13 breeder farms in 2009. The article alleges that the $12.1 million, which was supposedly used for the purchase, may have been misappropriated. 3) Winnebago Industries
WGO
: Shares of Winnebago Industries are currently trading down 20.2% from yesterday's close to $8.77. The company announced Q3 earnings of $0.04 per share versus estimates of $0.13 per share. Revenue came in at $135.6 million versus estimates of $151 million. 4) Insituform Technologies
INSU
: Shares of Insituform Technologies are currently trading down 14% from yesterday's close to $18.45. The company lowered its 2011 fiscal year EPS to $1.30 per share versus estimates of $1.70. Insituform cited an underperformance in the North American Sewer Rehabilitation business as the cause. 5) Finisar
FNSR
: Shares of Finsar are currently trading down 13.7% from yesterday's close to $14.41. The company warned that Q1 earnings will come in between $0.16 to $0.20 per share versus estimates of $0.6 per share. Revenue is projected to be $221 million to $236 million versus estimates of $250.6 million. Finisar was downgraded from Outperform to Neutral by Credit Suisse. The stock had traded as low as $13.91 earlier in the session.
Other Notable Losers
Travelzoo
TZOO
: Shares of Travelzoo are currently trading down 8.7% from yesterday's close to $53.77. Phoenix New Media
FENG
: Shares of Phoenix New Media are currently trading down 8.5% from yesterday's close to $10.20. Yongye International
YONG
: Shares of Yongye International are currently trading down 8.4% from yesterday's close to $5.02. Pandora Media
P
: Shares of Pandora Media are currently trading down 8.1% from yesterday's close to $16.01. The stock fell below its IPO price of $16 in today's session, trading down to as low as $15.50. WorldStreetFundamentals.com released an industry report regarding Pandora earlier today.
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