Tag - Bee

Strategiv Hotels & Resorts Inc (Nasdaq:BEE), Beazer Homes USA Inc (Nasdaq:BZH), Double-Take Software Inc (Nasdaq:DBTK) and CAllon Pete Co (Nasdaq:CPE) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Sequnom Inc (Nasdaq:SQNM), Dolan Media Inc (Nasdaq:DM), Eagle Bulk Shipping Inc (Nasdaq:EGLE), Myriad Pharmaceuticals Inc (Nasdaq:MYRX) and Compellent Technologies Inc (Nasdaq:CML).

China Information Security Technology Inc (Nasdaq:CPBY), Strategic Hotels & Resorts Inc (Nasdaq:BEE), Teekay Tankers Ltd (Nasdaq:TNK) and Somaxon Pharmaceuticals Inc (Nasdaq:SOMX) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Felcor Lodging Trust Inc (Nasdaq:FCH), Sequenom Inc (Nasdaq:SQNM), Eagle Bulk Shipping Inc (Nasdaq:EGLE), Callon Pete Co (Nasdaq:CPE) and GMX Resources Inc (Nasdaq:GMXR).

I've been discussing how investors can use the "Most Price % Change" list published on Yahoo! Finance to find worthy stocks that will start making money for you in the near-term, and hopefully in the future as well.

Of course, not every stock that shows up on the "Most Price % Change" list is investment worthy. It's too harsh to say the majority of stocks that show up on this list are "pump and dumps", but if you watch the list for a while, you'll notice that one day's top gainer is the next day's top lower. In other words, many of the stocks that make the "Most Price % Change" are reacting to news that will only affect the price temporarily.

I lump all biotechs into this category. Of course, that means I miss a few biotechs. But I am not a doctor. I can't speak to how important a particular drug might be. And besides, news from biotechs about the results of a drug trial is never a surprise. Investors are always holding the stock in anticipation of that news. I do not want to be buying while they are selling.

The key to using the "Most Price % Change" list is to be able to discern the relatively few stocks that are moving on fundamentally important news from the majority that are moving on temporarily important news. Trust me, this skill is not instinctual. It can be learned...

Small-cap stocks went into free-fall mode into midday trading, pulled down by worries a collapse in the nation’s auto manufacturing business could sweep into a wider problem for an economy already in the throes of recession. In addition, money continues to move out of equities and into credit instruments as investors seek safe-haven outlets to try and ride out this storm. That safe-haven mentality also takes a deeper toll on small caps, which are seen as even riskier than large-cap companies. Today’s small-cap gainers are Orexigen Therapeutics Inc. (Nasdaq:OREX), Bank of Ireland (NYSE:IRE) and Bristow Group (NYSE:BRS). 

Other Market Watch highlights today included:

• While industrial metals such as copper have been pummeled by the economic crisis, gold stands to benefit by panic in financials.  
• The push for safe-haven outlets has extended into the gold market, with global demand for the yellow metal soaring 18% in the 3rd quarter.  
• Yields on benchmark 10-year notes tumbled more than 3.5% at mid-session as investors made a stampede for Treasury products.  
• Small-cap stocks went into free-fall mode into midday trading, pulled down by worries of a collapse in the nation’s auto manufacturing business.

Small Cap Gainers:

• Orexigen Therapeutics Inc. is up 14% without any apparent fresh news behind the move. See ( Nasdaq:OREX).  
• Post Office enters talks with the Bank of Ireland over unlimited guarantee account; IRE shares climb nearly 8%. See (NYSE:IRE).  
• Bristow Group pops up over 7% after announcing preferred dividend. See (NYSE:BRS). 
• Premiere Global Services up 7.5% on heavier-than-average volume. See (NYSE:PGI). 

Small Cap Losers:

• Century Aluminum Co. tumbled 31%, hitting a 52-week low. CENX peaked above $80/share in May – now it's trading below $6. See (Nasdaq:CENX).  
• Liz Claiborne hit a new 52-week low of $2.53 today and is currently down about 20% as the retail sector continues to bruise from the crippled economy. See (NYSE:LIZ).
• GM was down 15% on perceptions that this week’s lobby efforts by auto executives in Washington might not yield a rescue package. See (NYSE:GM).  
• Strategic Hotels & Resorts is down another 13%, continuing its steep decline seen in the past few weeks and making a new 52-week low of $1.10 today in the process. See (NYSE:BEE).

Small-cap stocks remained in negative territory into mid-session, pressured by worries about corporate profitability in a sluggish economic environment around the world. Today’s small-cap gainers are Russ Berrie (NYSE:RUS), Clear Channel Outdoor  (NYSE:CCO) and Hospitality Properties Trust (NYSE:HPT).

Other Market Watch highlights today included:

• As for the insurers, analysts at Goldman Sachs lowered ratings on the group and the S&P Insurance Index was down 6% at midday.  
• Real estate services are getting hammered today, as are tire, rubber and automobile manufacturers, wireless telecoms and insurance stocks.  
• The only area showing decent strength is agriculture products.
• Crude oil prices tumbled to 20-month lows today, slipping below $59 a barrel, which kept energy and commodity stocks on the defensive.  
• Credit futures are near contract highs, with European bond futures making contract highs today, which shows that money flow is into credit instruments, not equities.  

Small Cap Gainers:

• Russ Berrie reports Q3 results; shares pop 30%. See (NYSE:RUS).  
• Clear Channel Outdoor Holdings up 25% despite being downgraded to "market perform." See (NYSE:CCO).  
• Hospitality Properties Trust reported solid third-quarter earnings and rose 16%. See (NYSE:HPT).
• MGIC Investment Corp. up 12% in lower-than-average volume. See (NYSE:MTG).  
• Hill International up 9% after being honored as "Construction Management Firm of the Year" by the Developers & Builders Alliance. See (NYSE:HIL).  

Small Cap Losers:

• Bidz.com Inc. shed 35% after the online retailer slashed the full-year outlook, a numbing concept into the key holiday shopping season. See (Nasdaq:BIDZ).  
• Stillwater Mining warns it will not break even on PGM mining without operational changes; shares dive 30%. See (NYSE:SWC).  
• PHH Corp. on Monday reported a wider Q3 loss; shares still reeling, down 25% today. See (NYSE:PHH).  
• Strategic Hotels reports net loss last week, shares down 9% today. See (NYSE:BEE).