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LPX, FSYS, SANM were Today’s Top Unusual Movers by Penny Stock Pick Alert

Posted : Fri, 06 Nov 2009 11:01:49 GMT
Author : Mailwire
Category : Press Release
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(EMAILWIRE.COM, November 06, 2009 ) Dallas, TX - Louisiana-Pacific Corporation (NYSE:LPX) surged 17.71% to $6.18 on over 6.72 million shares. Yesterday, Louisiana-Pacific Corp.’s said that its third-quarter loss narrowed as the building-materials supplier continued its several-years-long streak of unprofitability. But results topped analysts’ expectations as performance improved from last year on cost-cutting and lower raw-materials prices.


Fuel Systems Solutions, Inc. (NASDAQ:FSYS) was one of the gainers and rallied over 31% to close at $44.31 on over 3.57 million shares – about 8X its average volume after the company reported strong third quarter results and boosted its full year guidance. Revenue was up 10% year over year, helping drive net income of 88 cents. That's up from net income of 75 cents in the same quarter last year.


Sanmina-SCI Corporation (NASDAQ:SANM)was among the top unusual movers as it gained over 27.40% and the last price was $8.45 after it reported a net loss for the fourth quarter of $32.3 million or $0.41 per share, compared to a loss of $473.9 million or $5.35 per share in the year-ago quarter.


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