Wednesday, January 12, 2011

3 Cheap Stocks on the Move: LSCC, LXRX, COCO

Shares of Lattice Semiconductor ( NASDAQ: LSCC ) are climbing in today's
trading. The stock reached high of $6.02 in early trading, and at last check, it
was up 2.19% to $5.94, with volume at 323,623. The stock has a 52-week range of
$2.41-$6.22. It is currently trading above its 50-day and 200-day moving
averages. Hillsboro, Oregon-based Lattice Semiconductor is a designer, developer
and marketer of programmable logic products and related software.  The
company's customers include original equipment manufacturers (OEMs) in the
communications, computing, consumer, industrial, automotive, medical and
military end markets. Shares of Lexicon Pharmaceuticals Inc. ( NASDAQ: LXRX )
are down in today's trading. The stock reached a low of $1.99 in early
trading, and at last check, it was down 1.92% to $2.04, with volume at 821,607.
The stock has a 52-week range of $1.17-$2.87. It is currently trading above its
50-day and 200-day moving averages. In the last five trading sessions, Lexicon
shares climbed 38.65%. Last week, Lexicon announced positive results from new
clinical study of LX4211 in Type 2 Diabetes Patients. Lexicon's CEO said that
the company established a solid tablet formulation suitable for further
development and will continue to explore LX4211's unique mechanism of action
in the treatment of diabetes and hormonal control of metabolism. Lexicon
Pharmaceuticals is a Texas-based biopharmaceutical company. Shares of Corinthian
Colleges Inc. ( NASDAQ: COCO ) are slightly higher in today's trading. The
stock reached a high of $4.79 in early trading, and at last check, it was up
1.53% to $4.65, with volume at 2.32 million. The stock has a 52-week range of
$3.91-$19.31. It is currently trading above its 50-day and below its 200-day
moving average. Corinthian Colleges is a Santa Ana, California-based
post-secondary education company in the U.S. and Canada. The company serves the
segment of the population seeking to acquire career-oriented education. This
corporate profile is provided for information purposes only and should not be
used as the basis for any investment decision. We are neither licensed nor
qualified to provide investment advice. We were not paid, nor do we hold a
position in these stocks. We reserve the right to buy or sell any stock
mentioned in this report at any time after this post.

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