Wednesday, January 19, 2011

Top Losers On NASDAQ (CNST, ALXA, LLEN)

Constar International, Inc. (NASDAQ:CNST) is the biggest loser and slumped 28%
to $0.447 and made a new 52-week low of $0.447. More than 232K shares have
traded hands, compared to its average volume of 94K shares. Constar
International Inc. (Constar) produces plastic containers made from polyethylene
terephthalate (PET) used as packaging for food, beverages, and other end use
applications. Alexza Pharmaceuticals, Inc. (NASDAQ:ALXA) slumped 14.40% to $1.43
on hefty volume.  After the company The Mountain View, California-based company
said it plans to resubmit a new drug application for its AZ-004, a treatment of
agitation in schizophrenia or bipolar disorder patients, and may face a vote by
an advisory committee. Alexza Pharmaceuticals, Inc. (Alexza) is a pharmaceutical
company focused on the research, development, and commercialization of products
for the acute treatment of central nervous system (CNS) conditions. L&L Energy,
Inc. (NASDAQ:LLEN) fell 11.40% to $8.34 on profit booking after it announced
today that David Lin, CPA has been promoted to acting Chief Financial Officer.
Mr. Lins appointment will be effective today, January 18th, 2011. He will
replace Rosemary Wang who is stepping down due to family reasons, but will
remain on as a consultant. L & L Energy, Inc. (L & L) is engaged in the
businesses of coal mining, coal washing, coal coking and coal wholesaling.
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