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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