3 Strong Stocks Today (QXM, SKH, NZ)

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There are three stocks really moving today on heavy volume on the NYSE. Qiao Xing Mobile Communication
QXM
is gaining 35%, good for a gain of 91 cents to trade at $3.49. This comes as Qiao Xing Universal Resources, Inc.
XING
announced that it has proposed to acquire all outstanding shares of Qiao Xing Mobile. Almost 1.7 million shares have been traded today. Shares of Skilled Healthcare Group, Inc.
SKH
are skyrocketing today, after the company settled a lawsuit. Shares are gaining 89 cents to trade at $4.39, good for a gain of 25.4%. The company agreed to settle for $50 million over too lean staffing groups, as opposed to the $677 million California had initially sought. Shares of Netezza Corporation
NZ
are gaining 13.4% to trade at $24.20. This comes on reports that there are rumors the company could be acquired. It also canceled an investor dinner, adding to the market speculation.
Posted In: Long IdeasMoversTrading IdeasCommunications EquipmentComputer HardwareHealth CareHealth Care FacilitiesInformation Technology
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