Wednesday, December 06, 2006

Wednesday's Afternoon Stocks to Watch

The market is trading slightly lower in the afternoon. Volume for Nasdaq and NYSE are on-track to be lower than Tuesday's pace. This is just another mere correction in the making. Market action is somewhat constructive for the past few sessions.

As I have promised before, another big gainer in the making, (OMRI), a biotech stock with great earning and revenues for the past few quarters and expect higher earnings in the future, is up over $2.5 to almost $34. This recent IPO came in the public at around $10. It is already triple in less than a year. It was mentioned on my blog when it was trading around in the mid teens. Another doubler for my profolios. I expect this stock to go even higher when the earning comes out early next year. Stay tune on this high flyer.

Today's Stock Movers at 2:50 pm EST
Volume Momentum Compared to normal days:
(Stock), (price), (+/-), (volume compared to normal)

Stocks Up:
(LAYN) 33.74 +0.91 +357
(LQDT) 19.55 +1.42 +252
(GIFI) 39.09 +0.86 +238
(BIDU) 128.34 +5.62 +192
(WBD) 52.95 +1.15 +175

Stocks Down:
(SAN) 46.34 -1.37 +3,604
(TATTF) 17.66 -1.86 +445
(BTH) 22.90 -2.01 +421
(CPTS) 21.90 -1.08 +378
(CPRT) 29.63 -0.85 +377

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