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Lejun James Shao is the founder of www.myIRAs.net (http://www.myIRAs.net/), WhitePine Investment Inc of USA, and CEO of WhitePine Software Inc, Beijing, China. He was the top finisher in MSN's 1st US One Million Dollar Investment Contest, "Strategy Open Tournament," with a +45.88%... More
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  • Top Ten Movers In The Week Of April 23-27 0 comments
    Apr 28, 2012 4:05 PM | about stocks: AWRE, CRAY, IBCP, PATK, HZO, HUSA, LOGI, NPD, CRUS, AONEQ

    Earning surprises are the source of most of this week's top movers.

    AWRE - Stock soared 64.44% Friday after the company announced $75 million deal to sell certain of its patents to Intel and said that it will use part of the proceed to pay $1.15/share one-time special dividend to its shareholders.

    CRAY - Strong Q1 earning result and raised 2012 outlook pushed the stock up 63.14% for the week. Company announced $0.13 Q1 EPS far more than $0.03 estimated.

    PATK - In Building material sector. This company benefited greatly from recent housing recovery. Net sales up 47.80% from 2011 level. Net income is $0.47/share compared with a -$0.13 loss in the same period last year.

    Other top gainers such as IBCP, HZO, LOGI, CRUS are all seeing their net income soaring.

    NPD - China ADRs are keeping hot. Stock was up $0.73 Friday after the company announced an one time special dividend of $0.60.

    HUSA and AONE - Both are bounced back strong from oversold conditions. AONE had a break-out last week after successfully tested its double bottom.

    Stocks: AWRE, CRAY, IBCP, PATK, HZO, HUSA, LOGI, NPD, CRUS, AONEQ
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