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Tuff-Stuff

05/26/10 9:11 AM

#320662 RE: Stock Lobster #320660

Top Day Trader Alerts (C, CJBK, GTXI, MGM, NVDA, SOLF, PHYS, VRTX)



Today’s day trader and active trader alerts are not your normal movers. We have shares of Citigroup, Inc. (NYSE: C), Central Jersey Bancorp (NASDAQ: CJBK), GTx Inc. (NASDAQ: GTXI), MGM Mirage (NYSE: MGM), NVIDIA Corporation (NASDAQ: NVDA), Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF), Sprott Physical Gold Trust ETV (NASDAQ: PHYS), and Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) all on thee move. We have provided an explanation for the move, as well as added color and indications where applicable.

Citigroup, Inc. (NYSE: C) is trading 4% at $3.94 on very active trading volume after another analyst upgrade this morning, this being Meredith Whitney’s replacement at Oppenheimer.

Central Jersey Bancorp (NASDAQ: CJBK) is the biggest percentage winner this morning with shares up over 100%. A buyout does that. Shares are up 132% at $7.15 versus a $2.69 to $6.65 range over the last 52-weeks. The all-cash deal is valued at $7.50 per share in cash.

GTx Inc. (NASDAQ: GTXI) is getting whacked after the company announced its top line results of Phase III clinical trial evaluating Toremifene 20 mg against Prostate Cancer in men with high grade PIN failed to meet primary endpoints. Shares are down 35% at $1.95 after a $3.02 close yesterday. Count that as a 52-week low with a prior range of $2.98 to $13.59.

MGM Mirage (NYSE: MGM) is defying gravity with a strong market this morning. Goldman Sachs removed it from teh praised Conviction Buy List but maintained a Buy rating. Shares are actually up almost 2% at $12.17 on fairly active pre-market trading.

NVIDIA Corporation (NASDAQ: NVDA) is trading up just over 4% at $13.21 on very active trading after an analyst upgrade this morning from FBR Capital Markets.

Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) beat earnings and guidance looks above estimates. Shares are up 11% at $6.96 on fairly active pre-market trading. Its 52-week range is $4.48 to $10.78.

Sprott Physical Gold Trust ETV (NASDAQ: PHYS) is not supposed to be this volatile. The ETF/ETN announced an 18 million share follow-on offering of trust units last night in order to acquire more gold bullion. Units are down 7.9% at $11.47 on very active trading for this trust in the pre-market hours.

Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) is trading higher on its report that its Hepatitis C drug achieved its main targets with a 75% cure rate per its most recent study data. Shares are up 9.7% at $37.25 on active trading.

JON C. OGG