It was a big day for the I-can-mark-a-stock-up-in-a-flash-and-steal-your-money boys today, but unlike what we've seen in prior days the companies had news to hype: Ocean Bio-Chem Inc. (Nasdaq: OBCI
) climbed 179% after the company announced increased distribution through Wal-Mart (now any hillbilly looking for a new fuel additive can find it at Wal-Mart. Yee Haw!); Cleveland Biolabs, Inc. (Nasdaq: CBLI
) climbed 47.6% on a "breakthrough" for stem cell research (we've only heard that thirty seven THOUSAND times before); Natural Health Trends Corp. (Nasdaq: BHIP
) jumped 45% after the company named Gernot Senke COO (who the hell is that?); Innodata Isogen Inc. (Nasdaq: INOD
) rallied 36.6% after the company said it inked $9 million in new contracts (isn't that their job?)
India-based IT company Infosys Technologies Ltd. (Nasdaq: INFY
) will be reporting results before the open and will be one to watch.
Apple (Nasdaq: AAPL
) is on pace to hit $100 faster then we thought, +$4.79 today. Maybe we will see it tomorrow. Is CNBC getting the widget ready?
US Airways (NYSE: LCC
) is buying Delta Air Lines (Nasdaq: DALRQ
) - no wait a minute, Northwest Airlines (Nasdaq: NWACQ
) and Delta are in talks - no its Continental Airlines (NYSE: CAL
) and Northwest that are merging - no I mean UAL Corp (Nasdaq: UAUA
) and Continental. WOW! How about we pick two captains like schoolyard football and let them pick their teams. Once the two teams are formed let's make bets on who will fall into bankruptcy first.
Labels: AAPL, BHIP, CAL, CBLI, DALRQ, INFY, INOD, LCC, NWACQ, OCBI, UAUA, WMT