A Powerful Reversal Signal Shows in This Stocks ( PCS, CTIC, OSG, LEAP )

Los Angelas, CA -- (SBWIRE) -- 10/03/2012 -- MetroPCS Communications, Inc. (NYSE:PCS) is a facilities-based wireless broadband mobile communications provider in the United States, including the Atlanta, Boston, Dallas/Fort Worth, Detroit, Las Vegas, Los Angeles, Miami, New York, Orlando/Jacksonville, Philadelphia, Sacramento, San Francisco, and Tampa/Sarasota metropolitan areas.

NY- MetroPCS Communic (NYSE:PCS) is very active today and traded between $11.48 - 14.51 with total traded volume of 37703696 shares. At a current price of 13.57, PCS is +2.05 - +17.80% from the previous close of $11.52. Moreover, At Current Market Price, PCSis in distance of +29.69% from its 50-day Moving Average price of $10.4637 and +66.93% from its 200-day Moving Average price of $8.129. MetroPCS Communications Inc (NYSE:PCS) surged up 18.23% to $13.61 on a traded volume of 19.52 million shares. According to a Bloomberg report, the Company is reportedly close to reaching a deal with Deutsche Telekom’s T-Mobile unit. The Company is a facilities-based wireless broadband mobile communications provider in the United States. Deutsche stated, “the talks are at a stage where significant issues have not yet been finalized, contracts have not yet been signed and the conclusion of the transaction is still not certain. The Board of Management and Supervisory Board of Deutsche Telekom have therefore not yet taken the resolutions necessary for such a transaction.”

Should Investor Buy Or Sell PCS Now : Click Here

Cell Therapeutics (NCM:CTIC) reported EPS of -3.126. For the Current Fiscal year, the company is expected to report EPS of -3.00. For the Next Quarter and Next Year, the company is expected to report EPS of -0.50 and -2.50 respectively. At Current Market Price, CTICis in distance of +4.50% from its 50-day Moving Average price of $2.4114 and -34.97% from its 200-day Moving Average price of $3.8754. Cell Therapeutics Inc. (CTIC, $2.58, +$0.35, +15.70%) said its drug Opaxio has been granted orphan-drug designation by the U.S. Food and Drug Administration for the treatment of a malignant brain cancer. Orphan-drug designation is granted by the FDA to novel drugs that seek to treat a rare disease or condition. The designation provides substantial potential benefits to the drug developer, including seven years of market exclusivity for the product upon regulatory approval, fee waivers and tax incentives.

Should Investor Buy Or Sell CTIC Now : Click Here

Overseas Shiphold (NYSE:OSG) is very active today and traded between $6.42 - 7.20 with total traded volume of 1659583 shares. At a current price of 7.08, OSG is +0.59 - +9.09% from the previous close of $6.49. Moreover, At Current Market Price, OSGis in distance of +5.95% from its 50-day Moving Average price of $6.6826 and -21.55% from its 200-day Moving Average price of $9.0252. Overseas Shipholding Group (OSG) owns and operates a fleet of oceangoing vessels engaged in the transportation of liquid and dry bulk cargoes in the international market. This stock is trading up 6.1% at $6.89 in recent trading. From a technical perspective, OSG is bouncing hard here right off its 50-day moving average of $6.50 with decent volume. This move is quickly pushing OSG within range of triggering a major breakout trade. That trade will hit once OSG manages to take out some near-term overhead resistance levels at $7.15 to $7.53 with high volume. Traders should now look for long-biased trades in OSGas long as its trending above its 50-day, and then once it sustains a move or close above those breakout levels with volume that’s near or above 671,959 shares. If that breakout triggers soon, then look for OSG to potentially trade back towards its 200-day moving average of $9.67.

Should Investor Buy Or Sell OSG Now : Click Here

Leap Wireless Int (NasdaqNM:LEAP) is +0.59 - +8.43% from the previous close of $7.00. It traded between $6.95 - 8.16 with total traded volume of 10372303 shares. Keep a close eye on LEAP, as the stock has been showing unusual moves over the past weeks. At Current market price, LEAP has recovered +77.34% from its 52-week Low of 4.28 and has Pulled back -32.83% from its 52-week high of 11.30. Leap Wireless (LEAP) is moving higher on reports MetroPCS (PCS) is in talks with T-Mobile. PCS is up $2.11 to $13.63 and notching new 52-week highs today. LEAP is leaping along with its peer and was recently up 91 cents to $7.02. Trading in the options on the stock is busy as well, with about 16,000 calls and 1,300 puts traded in the name. Meanwhile, implied volatility in LEAP options is moving up 18 percent and is elevated at 96.

Should Investor Buy Or Sell LEAP Now : Click Here

Disclaimer:
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..

Contact:
hotpennystocknews.com
info@hotpennystocknews.com