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

Arrowhead Research, Verenium: Early Volume Plays

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

Arrowhead Research (ARWR - Get Report) climbed by 6 cents, or 11.1%, to 60 cents in the premarket session after the company said its subsidiary, Calando Pharma, has demonstrated systemic delivery of siRNA and the successful "silencing" of a widely recognized cancer gene via RNA interference (RNAi) in humans. The data were published in the Nature journal Sunday in an advance online edition, the company said. The 50-day average daily volume for Arrowhead is 126,000, according to the Nasdaq.

Helios & Matheson North America (HMNA) should trade lower Monday after the software company said its relationship with Cogito, a fellow software company whose products Helios & Matheson markets, will be terminated. Helios & Matheson said it expects that future software product revenues, which it views as supplemental to its core consulting business, "will be significantly reduced in the short term." The 50-day average daily volume for Helios & Matheson is 62,000. The stock closed Friday at $1.65.

Verenium (VRNM) may also lose ground Monday after the biofuels company received a "going concern" qualification from its auditors. The 50-day average daily volume for Verenium is 176,000. The stock closed Friday at $6.13.

China GengSheng Minerals (CHGS) may trade higher Monday after the materials technology company said it has entered two new sales contracts totaling approx $1.56 mln (RMB10.65 million) for refractory products with two new customers. The average daily volume for China GengSheng is 244,000. Shares closed Friday at $2.73.

-- Written by Robert Holmes in Boston.

Check out all of Monday'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
CHGS $0.00 -83.33%
ARWR $5.89 -2.20%
AAPL $95.34 1.80%
FB $117.61 -0.81%
GOOG $694.71 -0.50%


Chart of I:DJI
DOW 17,757.07 -134.09 -0.75%
S&P 500 2,065.78 -15.65 -0.75%
NASDAQ 4,780.6210 -36.9730 -0.77%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs