Thursday, September 15, 2005

Mid-day Movers

Here is a partial list of stocks moving on above-average volume:
  • High-volume advancers: PSYS, LYTS, SWN, VPHM, CELG, NTG, GOOG, WC, CMX, RTP

  • High-volume decliners: MEG, FITB, LPL, GNSS, TRID, LOJN, NLS, BSC, MFE, MTSC


Market Comments: The market is still bouncing around the flat line. GOOG has absorbed its secondary well, and is already back up to $305. PSYS had a secondary also, and is up nearly $3 today. Anything related to the flat panel market is getting hit today on worries about oversupply in that industry, which historically has killed the margins at the component makers.

long GOOG, PSYS

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