ReleaseWire

Morning Update on Most Active Stocks: (NASDAQ: GEVO), (NASDAQ: SVU)

Posted: Monday, January 07, 2013 at 9:06 AM CST

New York, NY -- (ReleaseWire) -- 01/07/2013 --Gevo Inc. (NASDAQ: GEVO) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $1.85 and remained in $1.83 and $2.22 price range during the session. The stock closed 19.78 percent higher at $2.18. Gevo’s first resistance level is at $2.59. Upon breaching this level, Gevo stock may go as high as $3.19. On the downside, its first support level is at $2.11.

The company recently announced its plan to repurchase its shares worth $15 million. It will fund the repurchase through its cash and equivalent balance. Gevo deals in biofuels and renewable chemicals.

Find out how investors could successfully trade GEVO by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=GEVO

Supervalu Inc. (NYSE: SVU) opened at $2.61 and oscillated in the range of $2.57 and $3.16 in the current trading session. It closed at $2.94, up 13.51 percent from its previous close of $2.59. Supervalu shows bullish trend and the stock’s first resistance level is at $3.17. Upon breaching this level, the stock may touch $3.27. Its first support level is at $2.90. Supervalu is rumored to be in talks with Cerebrus for a deal. Cerebrus is likely to purchase a part of Supervalu and may also purchase stake in the remaining business. The company is based out of Minnesota.

Find out more about SVU by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=SVU

About WallStreetReport.net
WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetReport.net is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors to be part of the Free VIP membership.

Simply sign up for free and start receiving exclusive alerts.

Subscribe Here: http://www.WallStreetReport.net

Disclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures.

BlueLys, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.

Contact Info:
Michael Baine
WALL STREET REPORT
info@WallStreetReport.net
347-905-5009