Benzinga's Microcap Movers for Monday June 11, 2012

Below are highlights from Benzinga's daily coverage of microcap securities making big moves: Global Gaming Network Global Gaming Network (GBGM), the Los Angeles, CA developer, distributor and aggregator of digital entertainment and sports information for online and mobile platforms, rose 41.90% Monday on 19 million shares. Global Gaming Network announced Monday that it had entered into an affiliate arrangement between its North American sports information service SportsAlert.com and Goldbet GmbH, a leading online gaming operation. Global Gaming Network was also the subject of a newsletter promo on Monday. Global Gaming Network closed at $0.44 on Monday. Smith Micro Software Shares of Smith Micro Software SMSI, the Aliso Viejo, CA provider of wireless solutions, rose 9.32% Monday on almost 3 times the average daily volume. Rumors surfaced on Monday that Smith Micro's Push-to-Talk feature would be incorporated into Apple's AAPL iOS 6 and would be announced at the WWDC. However, that did not materialize and a Smith Micro spokesperson later commented that they had no plans with Apple. Smith Micro Software closed at $1.76 on Monday. EnergySolutions Shares of EnergySolutions ES, the Salt Lake City, UT company engaged in the recycling, processing and disposal of nuclear material, fell 54.87% Monday on 37 times the average daily volume. EnergySolutions announced Monday it was revising its 2012 Adjusted EBITDA guidance to $130 to $140 million, down from the guidance of $150 to $160 million provided with its first quarter financial results on May 9, 2012. The revision is a result of continued slowdown in shipments to Clive in both the government and commercial businesses, expected delay in the resolution of the Salt Waste project issues until 2013, and slower than planned realization of cost savings. EnergySolutions closed at $1.62 on Monday. The information in this article is taken from public sources, press releases, and websites that cannot always be verified. Please note that investing in microcap stocks is highly speculative. The companies mentioned here are for information purposes only. Benzinga makes no claim as to the suitability of these stocks as an investment. Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.