New York, NY -- (ReleaseWire) -- 01/08/2013 -- Ocwen Financial Corporation (NYSE: OCN), a provider of residential and commercial mortgage loan servicing, special servicing and asset management services, is up sharply in mid-day trading today, extending its gains from the previous trading sessions.
At last check, OCN was trading 1.96% higher at $37.49 on volume of 1.88 million, which is above the daily average volume of 1.84 million. The stock has gained more than 8% in the last three trading sessions. OCN had been trading in a tight range prior to breaking out on Monday. The stock broke through $36 resistance level on Monday. The next resistance level for OCN is at $38. The upward trend could continue if the stock breaks through this level.
Find out if OCN could pick up more steam in the very short term by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=OCN
Newcastle Investment Corp. (NYSE: NCT), a real estate investment and finance company, is soaring in mid-day trading today, extending its gains from the previous trading session. NCT had gained nearly 7% on Monday after the company announced the pricing of its public offering of common stock at $9.35 per share. The company also said that the offering has been upsized from 40,000,000 shares to 50,000,000 shares.
NCT is currently trading 2.50% higher at $9.84 on volume of 28.72 million, which is substantially above the daily average volume of 2.26 million. NCT rose to a 52-week high of $9.95 today.
Find out if NCT could maintain the momentum by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=NCT
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.
WallStreetScoop.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 WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
Disclosure: WallStreetScoop.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 WallStreetScoop.Net website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
Wall Street Scoop