Mercer International Pops 50%, but Repros Therapeutics down 14%

Mercer International (MERC) 52% HIGHER; since announcing it’s Q2 results on July 29, share of Mercer have skyrocketed more than 340%.

ARIAD Pharmaceuticals Inc. (ARIA) 5% HIGHER;
rose after the close on Friday. This morning’s report was that ARIAD and its co-plaintiffs announced that the Court of Appeals granted their petition for rehearing ‘En Banc’ in the Lilly NF-kB patent lawsuit. Shares were up about 2% at $2.17 as many traders sold the news.

Electro-Optical Sciences, Inc. (MELA) 19% HIGHER; was a big winner after being featured in this weekend’s “unusual suspects” after Barron’s highlighted its skin cancer testing. Shares were up 20% at $9.53 ahead of the close and shares hit a new 52-week high above $10.00 earlier in the trading day.

Capstone Turbine Corp (CPST) 8% HIGHER; on receiving order worth more than $2 million

Repros Therapeutics (RPRX) 14.0% LOWER;
correcting today following a 50% jump on Friday. Shares have fallen below the $1 level today.

Titan International (TWI) 7.0% LOWER; announced earlier that it will halt output of its 13-foot tires as the company has said some of the tires have failed earlier at several oil-sands mines. The company has said it will resume output of this tire by the end of August.

ExpressJet Holdings Inc (XJET) crashed 12% LOWER

Himax Technologies (HIMX) dropped 10.5% LOWER

Open Text (OTEX) 5.5% LOWER; falling today following Thursday night’s Q4 results and the ensuing wave of analyst calls.

  • We all get bombarded every day with mails, morning briefs as to which stock we should pick and how will be the market trend today. Every time the brokerage houses will send the stock market tips as if we all are playing a gamble and need the tricks as to how we can win it. And anticipating as to how to do stop loss and at least will make smaller profits. What most of the investor do is they consider short term trading as the long term investment and believe as to how it can be doubled in a day. Buying a stock just because the price is low and some stock market tip you received that this will boom in the market today. What most of us do is that we all trade with money which we can’t afford to lose but the market always says that invest only that money which is in excess to you. All of these are the big mistakes which we commit every day in spite of being reminded every time that we should complete our home work for the next day.
    Things to Remember when invest in stock market:
     We believe that the fundamental says invest in those company about which you know completely , but that doesn’t mean you fall in love with a company and a particular stock just because you are familiar with it or it create news in the stock market every time. Most of us just try proving our fundamentals are right and for that we apply too many technical indicators on that stock. It’s not true that the stock will go according to its fundamentals and technical, many stocks behave opposite to their indicators, thus they do not guarantee as to whether it will go up or down.
     Investors jump to penny stocks as they immediately boom in the market due to rumors what need to understand is that the Penny stocks are very risky , and on this basis make your strategy as to which one to pick from that lot and how much to invest . The portfolio of the investor should be constructed in such a manner that it allots weight age to different sector and the sizes of the stocks so that the diversification is there and the risk can be mitigated. Therefore the weight age of penny stocks in one‘s portfolio should not be more that the 15%. This is to minimize the losses and to accumulate the profits also.
     Keep a watch on the industry of the particular stock. Most of the stock behaves according to their industry trend. Thus if in the budget the government committed to play large role in the infrastructure sector , all the stocks will go react as per the budget and the whole sector recorded the jump of 12% on the next day. But it might be the case that the industry is booming and the stock is going down, therefore along with Industry, Company information is also vital.
     Past performance of any company doesn’t not hold true or affect its future performance. Many of the Indian stocks which were heavy weight in the past few years and were considered the blue chip companies in this market are either bankrupt or have become extinct in the market. Thus continuous performance analysis and evaluation is important.