Intra-Day Update on Selected Stocks: (NYSE: CIM), (NASDAQ: SPWR)
New York, NY -- (ReleaseWire) -- 01/17/2013 --Chimera Investment Corporation (NYSE: CIM), a specialty finance company investing in residential mortgage-backed securities, is up sharply in mid-day trading today, extending its gains from the previous trading sessions. CIM has been gaining momentum after the company this week announced that it received an additional 30-day extension for continued listing and trading of its common stock on the New York Mercantile Exchange (NYSE).
At last check, CIM was trading 2.46% higher at $2.92 on volume of 13.01 million, which is above the daily average volume of 12.18 million. The stock has gained more than 7% in the last three trading sessions.
CIM has broken through $2.80 resistance level as a result of the three-day rally. This is a strong bullish signal.
Find out more on CIM by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=CIM
SunPower Corporation (NASDAQ: SPWR), a vertically integrated solar products and services company engaged in the design, manufacturing and delivery of solar electric systems worldwide for residential, commercial and utility-scale power plant customers, is marginally higher in mid-day trading today. At last check, SPWR was trading 0.51% higher at $7.88 on volume of 1.06 million, which is less than half of the daily average volume of 2.90 million.
SPWR has now gained more than 2% in the last three trading sessions. The stock is gaining after the company announced that Phoenix’s Lake Pleasant Water Treatment Plant has installed a 7.5 MW high efficiency solar power system, which was designed and built by the company.
Find out where SPWR could be headed by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=SPWR
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.
WALL STREET REPORT
Media Relations Contact
View this press release online at: http://rwire.com/197125