This Day On The Street
Continue to site
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

Hoku Scientific, Force Protection: Early Volume Plays

NEW YORK ( TheStreet) -- Several stocks trading near $5 were poised to move on above-average volume during Tuesday's session.

Hoku Scientific (HOKU) was set to trade sharply higher after the clean energy company said it has received the second portion of a $50 million loan from Tianwei New Energy Holdings to finance construction activities at its polysilicon plant in Idaho. The second tranche of the loan totaled $30 million, Hoku said, adding that it also received $4 million in polysilicon prepayments from Solarfun Power Hong Kong. The 50-day average daily volume for Hoku is 98,000, according to the Nasdaq. The stock closed Monday at $2.30 and was up more than 9% in the after-market session.

Force Protection (FRPT) shares were also set to rally after the blast- and ballistic-protected products provider posted a fourth-quarter profit of 27 cents a share, which was a nickel better than the Thomson Reuters average estimate. Revenue of $289 million was up 21% from a year ago and also better than consensus targets. The 50-day average daily volume for Force Protection is 622,000. Shares finished Monday's regular session at $5.48 before jumping nearly 10% in late trading.

CDC Corp. (CHINA) may see above-average volume after the software company reported fourth-quarter earnings of 5 cents a share, which was better than the Thomson Reuters average estimate for a profit of 3 cents a share. Revenue of $83 million was down from a year ago but better than the $81.9-million consensus target. The 50-day average daily volume for CDC Corp. is 626,000. The stock ended trading Monday at $2.70.

Microvision (MVIS - Get Report) will likely trade lower on increased volume Tuesday after the imaging technology company reported fourth-quarter revenue of $970,000, which was below the single-analyst estimate of $1.1 million. Microvision posted a quarterly loss of 11 cents a share, which matched the lone analyst forecast. The 50-day average daily volume for Microvision is 1.13 million. Shares rose 5.2% Monday to finish at $2.83 but fell roughly 10% in the after-market session.

-- Written by Robert Holmes in Boston.

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 on Facebook.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FRPT $10.03 0.00%
MVIS $3.22 0.00%
AAPL $110.38 0.00%
FB $92.07 0.00%
GOOG $626.91 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs