Dear PSL members,

NASDAQ high momentum stocks: (SNSS, HERO, TRMA, DVAX, URRE)

Sunesis Pharmaceuticals, Inc. (NASDAQ: SNSS) went up by 6.73% and closed at $0.46 with overall traded volume of 1.45 million shares. Sunesis Pharmaceuticals, Inc. is a biopharmaceutical company focused on the development and commercialization of new oncology therapeutics for the treatment of hematologic and solid tumor cancers. The Company focuses primarily on the development of voreloxin for the treatment of acute myeloid leukemia (AML). It owns global development and commercialization rights to voreloxin and are preparing for the Phase III development of the compound. In March 2009, the Company announced the sale of its interest in all of the lymphocyte function-associated antigen-1, or LFA-1.

Hercules Offshore, Inc. (NASDAQ: HERO) surged by 1.18% to close at $2.58 whereas total traded volume stood at 1.37 million shares for the day. Hercules Offshore, Inc. (Hercules Offshore) provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally. It provides these services to national oil and gas companies, major integrated energy companies, and independent oil and natural gas operators. As of February 24, 2010, the Company owned a fleet of 30 jackup rigs, 17 barge rigs, three submersible rigs, one platform rig, a fleet of marine support vessels and 60 liftboat vessels. In addition, Hercules Offshore operates five liftboat vessels owned by a third party. The Company owns four retired jackup rigs and eight retired inland barges, all located in the United States Gulf of Mexico, which are not expected to re-enter active service. Hercules Offshore has operations in nine countries on three continents. Its fleet provides services, such as oil and gas exploration and development drilling, well service, platform inspection maintenance and decommissioning operations.

Trico Marine Services Inc (NASDAQ: TRMA) closed at $0.87 after increasing by 31.82% with traded volume of 1.31 million shares in the last trading session. Trico Marine Services, Inc. is an integrated provider of subsea services, subsea trenching and protection services and towing and supply vessels to oil and natural gas exploration and production companies that operate in major offshore producing regions around the world. The Company operates primarily in international markets, including the North Sea, West Africa, Mexico, Brazil, and the Asia Pacific Region. The Company operates in three segments:  subsea services, subsea trenching and protection, and towing and supply.

Dynavax Technologies Corporation (NASDAQ: DVAX) jumped up by 9.13% to close at $2.27 whereas overall traded volume stood at 1.26 million shares. ynavax Technologies Corporation (Dynavax) is a biopharmaceutical company that discovers and develops products to prevent and treat infectious diseases, asthma and inflammatory and autoimmune diseases. The Company’s principal product candidate is HEPLISAV, a Phase III investigational adult hepatitis B vaccine. Its pipeline of product candidate includes HEPLISAV; its Universal Flu vaccine; clinical-stage programs for hepatitis C and hepatitis B therapies, and preclinical programs partnered with AstraZeneca and GlaxoSmithKline (GSK). In January 2010, the Company announced the completion of the acquisition of Symphony Dynamo, Inc.

Uranium Resources, Inc. (NASDAQ: URRE) gained by 1.79% and closed at $0.45 with total traded volume of 1.24 million shares in the last trading day. Uranium Resources, Inc. (URI) is a uranium exploration, mine development and production company. It is engaged in acquiring and developing uranium mines in South Texas using the in-situ recovery mining process (ISR). URI has produced approximately 8 million pounds U3O8 from five Texas projects, two of which have been fully restored and returned to the land owners. The Company has two fully licensed ISR processing facilities in Texas, Kingsville Dome and Rosita as of December 31, 2009. As of December 31, 2009, the Company owns both producing and undeveloped uranium properties in South Texas and undeveloped uranium properties in New Mexico.

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