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Today's Biggest NASDAQ Gainers were NLST, COMS, CYAN : by Penny Stock Pick Alert

Netlist, 3Com Corporation and CYANOTECH CORP were Biggest NASDAQ Gainers : by Penny Stock Pick Alert

 



(EMAILWIRE.COM, November 13, 2009 ) Dallas, TX - Netlist, Inc. (NASDAQ:NLST) climbed up over 54.48% to $2.07 on a volume of 3.34 million shares. The stock hit an intraday high and an intraday low of $2.39 and $1.40 respectively. In the last six months the stock went up over 444%. Netlist, Inc., designs, manufactures and sells memory subsystems primarily for the server, high-performance computing and communications markets. The Company’s memory subsystems consist of dynamic random access memory integrated circuits, NAND flash memory and other components assembled on a printed circuit board.

3Com Corporation (NASDAQ:COMS) soared 31.11% to $7.46 on over 224.51 million shares after Hewlett Packard agreed yesterday to acquire 3Com Corp. for $2.7 billion in cash. The move to purchase the computer networking manufacturer will help HP to become an all-in-one business for its corporate customers. 3Com Corporation is a global enterprise networking solutions provider. 3Com has three global product and solutions brands: H3C, 3Com, and TippingPoint that offer networking and security solutions to enterprises large and small.

CYANOTECH CORP (NASDAQ:CYAN) went up 17.98% to $2.69 after the company today announced financial results for the second quarter and first six months of fiscal 2010, ended September 30, 2009. Revenues for the second quarter of fiscal 2010 increased 20% to $3,925,000, compared to revenues of $3,274,000 for the second quarter of fiscal 2009. Gross profit was $1,762,000, with gross profit margin of 45%, in the current quarter compared to a gross profit of $1,378,000 and gross profit margin of 42% reported for the same quarter in 2009. Net income increased 267% to $599,000, or $0.11 per diluted share, compared to $163,000, or $0.03 per diluted share for the second quarter of fiscal 2009.

ABOUT PennyStockPickReport.com
Penny Stock Pick Report alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock Alerts helps investors to achieve incredible results in a short amount of time and our members have made remarkable profits of over 100%.

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