Jim Cramer Blog

Symbol
Name
Last Trade
Change
Volume
Related Info
NVH
NATL RV HLDGS INC
1.39 3:50PM ET
0.51 (26.84%)
74,000

FORG
FORGENT NETWORKS
0.93 3:59PM ET
0.34 (26.77%)
1,953,520

KONG
KONGZHONG CORP
5.41 4:00PM ET
1.88 (25.76%)
4,195,629
XFML
XINHUA FINANCE MEDIA
7.10 4:00PM ET
1.66 (18.95%)
5,348,340

TCHCZ
21ST CENTURY HLDG WT
2.76 2:50PM ET
0.60 (17.86%)
620

DEVC
DEVCON INTL CP
3.27 3:59PM ET
0.62 (15.94%)
7,675

STRM
STREAMLINE HEALTH SO
4.19 3:59PM ET
0.73 (14.84%)
124,549
CFHI
COAST FINL HLDGS INC
3.41 3:59PM ET
0.59 (14.75%)
218,463

LUNA
LUNA INNOVATIONS INC
4.34 4:00PM ET
0.72 (14.23%)
1,175,656

TLX
TRANS LUX CP
6.10 3:52PM ET
0.86 (12.36%)
6,500

PTIL
PROTHERICS PLC ADR
12.01 11:24AM ET
1.48 (10.97%)
1,000

HEII
HEI INC
1.25 3:54PM ET
0.15 (10.71%)
27,128

OMR
ODYSSEY MARINE EXPL
7.23 3:56PM ET
0.87 (10.74%)
3,638,000

UNFI
UNITED NAT FOODS I
27.34 4:00PM ET
3.24 (10.60%)
3,768,237

ANV
ALLIED NEVADA GOLD
4.25 3:55PM ET
0.50 (10.53%)
149,300

YTECW
YUCHENG TECHNOLOG WT
3.86 3:52PM ET
0.45 (10.44%)
86,226

DRV
DEBT RESOLVE INC
3.15 3:56PM ET
0.30 (8.70%)
131,900

AUSA
ACCESS PLANS USA INC
1.65 3:09PM ET
0.18 (9.84%)
11,100

LMZ
LMS MEDICAL SYS INC
1.8300 3:16PM ET
0.1980 (9.76%)
16,900

SNHY
SUN HYDRAULICS COR
38.07 4:00PM ET
3.93 (9.36%)
437,772

Labels: ANV, AUSA, CFHI, DEVC, DRV, FORG, HEII, KONG, LMZ, LUNA, NVH, OMR, PTIL, SNHY, STRM, TCHCZ, TLX, UNFI, XFML, YTECW

Symbol
Name
Last Trade
Change
Volume
Related Info
OMR
ODYSSEY MARINE EXPL
8.32 May 18
3.72 (80.87%)
8,532,200

AQNT
AQUANTIVE INC
63.79 May 18
27.92 (77.84%)
45,226,978

CHIP
VERICHIP CORPORATION
5.76 May 18
1.43 (33.03%)
410,235
IOX
IOMED INC
2.61 May 18
0.62 (31.16%)
387,800
QTWW
QUANTUM FUEL SYS
1.51 May 18
0.33 (27.97%)
1,538,830
TONE
TIERONE FINL CP
31.40 May 18
6.48 (26.00%)
1,297,926
DSTI
DAYSTAR TECHNOLOGIES
4.59 May 18
0.89 (24.05%)
697,111

OMTR
OMNITURE, INC.
19.13 May 18
3.36 (21.31%)
2,468,913
ADST
ADSTAR INC
1.90 May 18
0.33 (21.02%)
181,751

TRMP
TRUMP ENTERTAINMENT
15.80 May 18
2.73 (20.89%)
4,253,773

NM-WT
NAVIOS MARITIME WTS
5.29 May 18
0.89 (20.23%)
731,100

ENOC
ENERNOC, INC.
31.13 May 18
5.13 (19.73%)
4,176,973

URZ
URANERZ ENERGY CORP
6.13 May 18
1.00 (19.49%)
1,540,650

THK
THINK PARTNERSHIP
2.80 May 18
0.44 (18.64%)
2,011,400
SUF
SULPHCO INC
4.29 May 18
0.65 (17.86%)
617,244

JRCC
JAMES RIVER COAL NEW
13.68 May 18
2.06 (17.73%)
3,999,268

INOC
INNOTRAC CORP
3.03 May 18
0.45 (17.44%)
NPLA
INPLAY TECHNOLOGIES
1.32 May 18
0.19 (16.81%)
893,601
CTEL
CITY TELECOM(HK) L
4.62 May 18
0.66 (16.67%)
247,935

ITYC
INTEGRITY BANCSHARES
8.95 May 18
1.26 (16.38%)
41,308

Labels: ADST, AQNT, CHIP, CTEL, DSTI, ENOC, INOC, IOX, ITYC, JRCC, NPLA, OMR, OMTR, QTWW, SUF, THK, TONE, TRMP, URZ

Good economic news and continued strength in the M&A sector pushed all the major averages higher throughout the day. The Dow Jones Industrials Average set a new record close and the S&P 500 is only five points away from setting a new all-time record. A flurry of deals helped spark the rally in the overall market. Consumer confidence also helped fuel the gains on the street today. Over in the bond market, treasury prices declined, sending yields higher. The benchmark 10-year note now yields 4.81%. Over in the energy pits, crude settled up 8 cents to $64.94 a barrel, while gasoline and natural gas prices declined.
On the economic front, the U.S. Consumer Confidence Index (CCI) showed an unexpected gain in May for the first time in nearly four months. Sentiment rose to 88.7 from 87.1 in April. The average estimate on the street had expected the number to come in at 86.2 for the month. The rise was attributed to a strong stock market as well as a strong, healthy labor market. Once again, the main drag on the downside was rising gasoline prices, which continue to put a drag on consumer spending.
On the international front, China made headlines when it reported that it will begin to let its currency trade in a wider range band against the dollar (USD). The People's Republic also plans on hiking interest rates as well as raising bank reserve requirements in order to cool down the booming stock market and economy.
M&A mania continues on Wall Street, as tech titan Microsoft (Nasdaq: MSFT) agreed to acquire aQuantive (Nasdaq: AQNT) for roughly $6 billion, a premium of 85% over the closing price on Thursday. The digital marketing services and technology company fits into the software giant's strategic initiatives as it continues to compete with Google (Nasdaq: GOOG ) in the online ad space, in which Google has a dominant market share. Last month, Google made a $3.1 billion offer for DoubleClick.
Shares of hotel and casino operator Trump Entertainment Resorts (Nasdaq: TRMP) surged more than 20% on news that it has suitors for its business operations. Suitors have been rumored to be interested in the company before, but management confirmed more detailed interest in the buying of the entire business. Elsewhere in M&A, General Electric (NYSE: GE) is close to selling its Plastics division to Saudi Sabic Industries Corp for $11 billion. GE has been looking to sell its Plastics division due to the volatility of crude prices in recent years. The news sent GE shares up more than 1.2% in today's trading.
On the earnings front, shares of personal finance software maker Intuit (Nasdaq: INTU) soared 13.9% after the company reported better-than-expected earnings. Sales cracked the $1 billion mark for the fist time, as its TurboTax line of products did exceptionally well in the period just ended. Elsewhere in the equity arena, investment banks were in the upgrading mood today as several banks raised targets on a number of big-cap names. Merrill Lynch upped shares of chipmaker Intel (Nasdaq: INTC) to "buy" from "neutral," citing continued EPS growth ahead. Intel shares gained 2% on the day. JP Morgan upped shares of NYSE Euronext(NYSE: NYX) to "neutral" from "underweight," citing prospects of declining compensation expenses. Shares of telco giant Verizon Communications(NYSE: VZ) gained ground after Citigroup analyst Michael Rollins upped the shares to a "buy" from a "sell." Shares of Verizon gained 1.1% on the trading day.
We all have had fantasies about lost ships and the visions of striking it rich with treasure. Well today some lived that dream. Investors in deep sea shipwreck exploration company Odyssey Marine Exploration (NYSE: OMR) are lining their pockets with loot to the tune of 80.9% in stock appreciation. The company announced today that over 500,000 silver coins and hundreds of gold coins were collected from an old ship-wreck code-named "Black Swan." For all you technical traders out there, this one stock has finally broken out of its long-term trading range!
By the BullMarket.com Staff

Labels: AQNT, GE, GOOG, INTC, INTU, MSFT, NYX, OMR, TRMP, VZ