3 Stocks From My Watchlist: NEXS, GFRE, WRES

Nexxus Lighting Inc. ( NASDAQ: NEXS ) shares are down in today's trading. The stock reached a low of $3.76 in early trading, and at last check, it was down 5.03% to $3.78, with volume at 41,630. Despite the drop in today's trading, Nexxus Lighting shares are up 45.95% since Friday. The gains made by Nexxus Lighting shares came after the company announced on Friday that its Array™ brand of premium LED light bulbs will be offered on Lowes.com and in Lowe's stores in the U.S. The company's shares are expected to remain focus ahead of the release of its fourth-quarter financial results on March 25, 2011. Nexxus Lighting is Charlotte, North Carolina-based Company engaged in the designing, manufacturing, marketing and sale of lighting solutions. Gulf Resources Inc. ( NASDAQ: GFRE ) shares are marginally higher in today's trading. The small cap stock reached a high of $7.07 in early trading, and at last check, it was up 0.87% to $6.96, with volume at 11,459. Gulf Resources shares have a 52-week range of $6.28-$12.17. The stock is currently trading below its 50-day and 200-day moving averages. Gulf Resources shares are down 34.89% year-to-date. Gulf Resources last week announced weaker than expected fourth-quarter earnings. The company reported fourth-quarter earnings of $0.35 per diluted share. Gulf Resources is a China-based manufacturer and trader of bromine and crude salt. The company is also engaged in the manufacture and sale of chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals. Warren Resources Inc. ( NASDAQ: WRES ) shares are flat in today's trading. At last check, the small cap stock was trading at $4.51, unchanged from Monday. The stock reached a high of $4.54 in early trading. In the last three trading sessions Warren Resources shares gained 8.67% in the last three trading sessions. Warren Resources shares have a 52-week range of $2.30-$6.16. The stock is currently trading below its 50-day and above its 200-day moving average. Warren Resources is a New York City-based independent energy company.
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