This Day On The Street
Continue to site right-arrow
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!

Jones Soda, Somaxon: Early Volume Plays

Stocks in this article: JSDA SOMX

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

Jones Soda (JSDA) should trade sharply higher Tuesday after said it has terminated an exclusivity provision in its deal with Reed's (REED), allowing the company to explore alternative options. Earlier this month, Reed's said it would purchase Jones Soda at a discount in a cash-and-stock deal worth about $9.7 million. The 50-day average daily volume for Jones Soda is 292,000, according to the Nasdaq. The stock finished Monday at 52 cents and traded 25% in late trading.

Integrated Silicon Solution (ISSI) jumped by $1.19, or 15.9%, to $8.68 in the premarket session after the semiconductor company upped its second-quarter earnings and revenue guidance following "better than expected end market demand and pricing." Integrated Silicon expects to earn 20 cents to 24 cents in the quarter on revenue of $54 million to $56 million, up from its previous guidance of 8 cents to 12 cents a share on revenue of $48 million to $52 million. Analysts are looking for a second-quarter profit of 11 cents a share on revenue of $50.7 million, according to Thomson Reuters. The 50-day average daily volume for Integrated Silicon is 551,000.

>>Stocks With Unusual Trading Volume

Somaxon Pharmaceuticals (SOMX) slid by 29 cents, or 3.5%, to $8.01 in the premarket session after the company announced a 4 million share common stock offering. Somaxon did not offer pricing details. The 50-day average daily volume for Somaxon is 4.25 million.

Zale (ZLC) rose by 10 cents, or 2.8%, to $3.71 in the premarket session after The Wall Street Journal reported that the jeweler is considering a financing proposal from Sun Capital Partners. The private equity firm submitted a proposal to invest between $50 million and $100 million in Zale's preferred stock, which would give Sun Capital a majority stake, the paper said, citing people with knowledge of the deal. Sun Capital has also agreed to provide a bridge loan that includes a $600 million revolving credit facility, the Journal added. The three-month average daily volume for Zale is 2.09 million, according to Yahoo! Finance.

-- 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.

Select the service that is right for you!

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 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • 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