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Friday, May 11, 2007 

Stocks on the move in the afternoon

See some stocks that are showing good and poor performance today :

Most actives : DNDN , AMGN , INTC , SUNW

Gainers : SIF , ABIX , MRAE , BIOD , FAVS

Losers : DESC , OPX , AVZA , FFHL

DNDN - Dendreon said it needs additional trial data on the biotech's prostate cancer vaccine Provenge before it can approve the treatment.

MOVI - Movie Gallery posted a quarterly loss versus a year-ago profit due to a charge and lower revenue.

Buy/Sell Recommendations :

AMGN - Amgen downgraded from "hold" to "sell " by Citigroup.

GLBC - Global Crossing downgraded from "buy" to "hold" by Deutsche Bank Securities . The target price has been reduced from $33 to $25.

AMAT - Applied Materials upgraded from "neutral" to "buy" by UBS.

NTE - Navteq upgraded from "neutral" to "buy" by Banc America. The target price has been raised from $37 to $45.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

See you later,

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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