Top Percentage Gainers and Losers as of 2pm 6/17/11

1) BPZ Resources

: Shares of BPZ are currently trading up 27.5% from yesterday's close to $3.85. A report was published by Seeking Alpha yesterday afternoon citing significant institutional buying of BPZ shares. The stock hit a 52-week low of $2.91 in yesterday's trading session. The year-to-date performance of BPZ has been a loss of 18.2%. 2) Newcastle Investment

: Shares of Newcastle Investment are currently trading up 27% from yesterday's close to $5.59. The company announced that it will be issuing a dividend of $0.10 per common share for the second quarter of 2011. The record date for the dividend is July 5th, 2011 – payment date is July 29th. A dividend will also be paid to holders of Series B, C, and D preferred stock for the period of May 1, 2011 to July 30, 2011. The record date for the dividend is July 5, 2011 – payment date is July 29, 2011. The stock has broken above its 50- and 200-day simple moving averages (one year daily chart) in today's action. 3) Harbin Electric

: Shares of Harbin Electric are currently trading up 25% from yesterday's close to $8.74. The company responded to allegations of fraud made by Citron Research and Seeking Alpha stating that the reports are, “Yet another attempt to drive the stock price down based on factually incorrect as well as out-of-context information.” The stock hit a 52-week low of $5.82 in yesterday's trading session. 4) Primo Water

: Shares of Primo Water are currently trading up 15.5% from yesterday's close to $13.00. The company has priced its six million share offering at $11.26 each. The stock has broken above its 50- and 200-day simple moving averages (one year daily chart) in today's action. 5) Zoran

: Shares of Zoran are currently trading up 14.6% from yesterday's close to $8.25. The company is set to be acquired by CSR

for $6.26 per share in cash in addition to 0.589 CSR shares per common – total price of $9.19. The deal is valued at $484 million and is set to conclude in the third quarter.

Genetic Technologies

: Shares of Genetic Technologies are currently trading up 13% from yesterday's close to $5.56. The company broke above its 50-day simple moving average (one year daily chart) in today's session. The stock has lost 43% since hitting a 52-week high of $9.80 on May 11th. Coffee Holding

: Shares of Coffee Holding are currently trading up 10% from yesterday's close to $15.50. The stock hit a 52-week high of $16.20 in today's session. Central Garden & Pet

: Shares of Central Garden & Pet are currently trading up 9.1% from yesterday's close to $10.11. The company announced a $100 million stock buyback plan. The stock has broken above its 50- and 200-day simple moving averages (one year daily chart) in today's session. FalconStor Software

: Shares of FalconStor Software are currently trading up 8.4% from yesterday's close to $4.11. The stock broke above its 50-day simple moving average (one year daily chart) in today's session.

1) China Transinfo Technology

: Shares of China Transinfo Technology are currently trading down 25.4% from yesterday's close to $2.76. The stock hit a 52-week low of $2.42 in today's trading session. The year-to-date performance of China Transinfo has been a loss of 37.3%. 2) China Finance Online

: Shares of China Finance Online are currently trading down 22.5% from yesterday's close to $3.07. The company was downgraded from Market Outperform to Market Perform at Rodman & Renshaw. The stock hit a 52-week low of $3.08 in today's trading session. 3) Research In Motion

: Shares of Research in Motion are currently trading down 20.9% from yesterday's close to $27.94. Yesterday, the company reported earnings of $1.33 per share versus estimates of $1.32 per share. Revenue came in at $4.9 billion versus estimates of $5.15 billion. RIMM issued Q2 guidance of $0.75 to $1.05 per share versus estimates of $1.40 per share. The company was downgraded from Sector Outperform to Sector perform by Scotia, from Overweight to Neutral at J.P Morgan

, and from Hold to Sell at Citigroup. Morgan Keegan also cut its earnings estimates and price target for the company. 4) Cleveland BioLabs

: Shares of Cleveland BioLabs are currently trading down 18.2% from yesterday's close to $3.64. The company announced plans to sell 5.873 million shares of common stock and 2.936 million shares via exercisable warrants in a registered direct offering. The securities will be offered at $4.00 per unit, consisting of one share of common stock, a Series E Warrant to buy 0.25 shares of common stock, and a Series F warrant to buy 0.25 shares of common stock. Series E Warrants are exercisable at $4.50 per share and Series F Warrants will be exercisable at $5.00 per share. 5) Qihoo 360 Technology

: Shares of Qihu 360 are currently trading down 17.1% from yesterday's close to $16.97. The stock started the session in positive territory, but began coming under heavy selling volume at 9:47am. The stock hit its all time low of $16.53 in today's session.

Deer Consumer Products

: Shares of Deer Consumer products are currently trading down 16.2% from yesterday's close to $5.38. The stock hit a 52-week low of $4.88 in today's trading session. A negative analytical report regarding Deer Consumer was published by Reuters earlier today.

China Xiniya Fashion

: Shares of China Xiniya Fashion are currently trading down 12.2% from yesterday's close to $2.92. The stock hit a 52-week low of $2.60 in today's session. Sinovac Biotech

: Shares of Sinovac are currently trading down 10.1% from yesterday's close to $3.02. The stock may be looking to test its 52-week low of $2.96, which was set on June 10th.