This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

MBIA, Helicos: Early Volume Plays

(Updated with correct premarket moves)

NEW YORK (TheStreet) -- Several small-cap stocks were poised to move on above-average volume during Tuesday's session.

JA Solar Holdings (JASO) jumped by 32 cents, or 7.8%, to $4.44 in the premarket session after the company said it had third-quarter earnings of 10 cents a share, well ahead of the Thomson Reuters average estimate of 3 cents a share. Revenue surged nearly 120% from a year ago to $193.3 million, also blowing past consensus targets. JA Solar said gross margin improved to 16.7% in the quarter from 11.4% in the second quarter. The three-month average daily volume for JA Solar is 5.6 million, according to Yahoo! Finance.

Beazer Homes (BZH) jumped by 46 cents, or 9.8%, to $5.15 in the premarket session after the company reported fourth-quarter adjusted earnings of 87 cents a share and revenue of $376.3 million. On average, analysts were looking for a loss of $1.24 a share on revenue of $338.3 million, according to Thomson Reuters. Beazer said the cancellation rate for the fourth quarter improved to 34.7%, compared to 46.3% a year ago. The three-month average daily volume for Beazer is 2.6 million, according to Yahoo! Finance.

MBIA (MBI) dropped by 62 cents, or 12.9%, to $4.18 in the premarket session after the company late Monday reported a third-quarter net loss of $727.8 million, or $3.50 a share, as a result of increased unrealized losses on credit derivatives. Deutsche Bank said its own calculations puts MBIA's operating loss at $1.24 a share, which would be worse than the Thomson Reuters average estimate of $1.05 a share. The three-month average daily volume for MBIA is 8.4 million, according to Yahoo! Finance.

Capstone Turbine (CPST) fell by 7 cents, or 5.9%, to $1.12 in the premarket session after the company late Monday posted a second-quarter loss of 17 cents a share, worse than the consensus for a loss of 9 cents a share. Northland Securities downgraded the stock to market perform after the report. The three-month average daily volume for Capstone is 3.9 million, according to Yahoo! Finance.

Catalyst Pharmaceutical Partners (CPRX) rose by 8 cents, or 11.9%, to 75 cents in the premarket session after the U.S. Department of Defense awarded a $1.2 million grant for the company to conduct an animal study on the use of vigabatrin to reduce the addictive liability of opiates while still effectively managing pain. The three-month average daily volume for Catalyst is 314,000, according to Yahoo! Finance.

Helicos BioSciences (HLCS) dropped by 14 cents, or 6.9%, to $1.90 in the premarket session after the company late Monday said it has decided to disengage from discussions involving a potential sale of the company, based on its improving standalone prospects and its current market valuation. On Tuesday, Helicos announced a $50 million common stock and warrants shelf offering, according to a regulatory filing with the Securities and Exchange Commission. The three-month average daily volume for Helicos is 2.6 million, according to Yahoo! Finance.

-- Written by Robert Holmes in New York.

Check out all of Tuesday's high-volume, under-$5 stocks at the Dollar Store

Follow Robert Holmes on Twitter and become a fan of TheStreet.com on Facebook.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,998.46 -41.03 -0.24%
S&P 500 1,989.95 -2.42 -0.12%
NASDAQ 4,541.94 +9.8360 0.22%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs