Premium Membership
2010
29th
July 6:45am

NASDAQ high momentum stocks: (YRCW, LVLT, GNBT, SIMG, FCEL)


Dear PSL members,

NASDAQ high momentum stocks: (YRCW, LVLT, GNBT, SIMG, FCEL)

YRC Worldwide Inc. (NASDAQ: YRCW) reported the gain of 13.24% and closed at $0.35 whereas overall traded volume stood at 113.07 million shares. YRC Worldwide Inc. (YRC Worldwide) is a holding company. YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics. Its operating subsidiaries include YRC National Transportation, which is a reporting unit for the transportation service providers focused on business opportunities in the regional national and international markets; YRC Regional Transportation is the reporting unit for the transportation service providers focused on business opportunities in the regional markets; YRC Logistics plans and coordinates the movement of goods worldwide to provide customers a single source for logistics management solutions, and YRC Truckload (Truckload) reflects the results of Glen Moore, a provider of truckload services throughout the United States.

Level 3 Communications, Inc. (NASDAQ: LVLT) closed at $1.12 after increasing by 1.82% with total traded volume of 8.36 million shares in the last trading day. Level 3 Communications, Inc. (Level 3) is engaged in the communications business. The Company is a facilities based provider of a range of integrated communications services. At December 31, 2009, Level 3’s network encompasses approximately 67,000 intercity route miles in North America, an intercity network covering approximately 12,000 miles across Europe, metropolitan fiber networks in approximately 125 markets containing approximately 27,000 route miles in the United States and Europe, approximately 145 markets in service in North American and approximately 45 markets in service in Europe, approximately 6.9 million square feet of Gateway and transmission facilities in North America and Europe, and substantial transoceanic cable system capacity, primarily across the Atlantic ocean.

Generex Biotechnology Corporation (NASDAQ: GNBT) went up by 11.90% to close at $0.37 whereas traded volume of 7.08 million shares for the day.

Silicon Image, Inc. (NASDAQ: SIMG) gained by 29.85% and closed at $4.35 whereas overall traded volume stood at 6.84 million shares. Silicon Image, Inc. (Silicon Image) is engaged in semiconductors and Internet protocol (IP) solutions for the storage, distribution and presentation of high-definition content. Silicon Image’s product and Internet protocol (IP) portfolio includes solutions for high-definition television (HDTV), high-definition set-top boxes (STB), high-definition Blu-ray players, mobile devices, high-definition game systems, consumer and enterprise storage products and personal computer (PC) display products. The Company sells its products in three markets:  Consumer Electronics, Personal Computer, Mobile and Storage. Silicon Image sells its products to original equipment manufacturers (OEMs) using a direct sales force and through a network of distributors and manufacturer’s representatives.

FuelCell Energy, Inc. (NASDAQ: FCEL) jumped up by 10.57% to close at $1.36 with total traded volume of 6.74 million shares in the last trading session. FuelCell Energy, Inc. (FuelCell Energy) is engaged in the development and production of stationary fuel cells for commercial, industrial, government and utility customers. Its Direct FuelCell (DFC) power plants are generating power at over 55 locations worldwide. The Company’s products have generated over 400 million kilowatt hour (kWh) of power using a variety of fuels, including renewable wastewater gas, food and beverage waste, natural gas and other hydrocarbon fuels. The products include Direct FuelCell or DFC Power Plants. In addition, the Company develops its carbonate fuel cells, planar solid oxide fuel cell (SOFC) technology.

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