Stocks Are Pumping and Dumping by Major News ( QCOR, SNSS, OCLR, ACTG )

Los Angelas, CA -- (SBWIRE) -- 10/09/2012 -- Shares of Questcor Pharmace (NasdaqNM:QCOR) are trading at $20.29 and is -44.30% from its 50-day Moving Average price of $36.43 and -50.70% from its 200-day Moving Average price of $41.1562. The average trading volume is 5460420 shares and its market capitalization is $1.240B. Shares of Questcor Pharmaceuticals (NASDAQ:QCOR) move up nicely on the day after SunTrust and Lazard responded positively to a UnitedHealth/Oxford policy update letter concerning Acthar gel coverage. SunTrust contends that the update should reassure investors Acthar has value in treating nephrology and MS, while Lazard claims that it’s positive given investor fears after Aetna’s move to limit coverage.

Should Investor Buy This Stock Right Now : FIND OUT HERE

Shares of Sunesis Pharmaceu (NCM:SNSS) are trading at $6.34 and is +43.91% from its 50-day Moving Average price of $4.4054 and +94.25% from its 200-day Moving Average price of $3.2638. The average trading volume is 834092 shares and its market capitalization is $298.6M. Sunesis Pharmaceuticals, Inc.(NASDAQ:SNSS) shares increased 7.71% and closed at $6.29 in yesterday’s session. The company, on Oct. 2, announced two management promotions, effective October 1, 2012. Deborah A. Thomas, Ph.D., has been promoted to Vice President, Regulatory Affairs and Gene C. Jamieson has been promoted to Vice President, Chemistry, Manufacturing and Controls (CMC). Additionally, SNSS‘s stock had its “outperform” rating reaffirmed by research analysts at Cowen in a report released on Oct. 5. Can SNSS Continue To Move Higher? Find Out Here

Can SNSS Extend Rally or Exit From Here : FIND NOW

Shares of Oclaro, Inc. (NasdaqNM:OCLR) are trading at $2.38 and is -13.21% from its 50-day Moving Average price of $2.7423 and -15.75% from its 200-day Moving Average price of $2.8249. The average trading volume is 612408 shares and its market capitalization is $214.9M. Optical-component company Oclaro's (OCLR, $2.38, -$0.25, -9.51%) late-Friday warning pressured shares of JDS Uniphase (JDSU, $10.88, -$0.48, -4.23%) and Finisar Corp. (FNSR, $13.28, -$0.24, -1.78%). Stifel Nicolaus lowers its full- year estimates on Finisar and JDS, in part reflecting a weaker capital-spending environment by telecom-service providers. And while it thinks the optical market bottomed in the spring, Stifel is "moderating growth expectations."

Can OCLR Bounce Back? FIND OUT HERE

Acacia Research C (NasdaqNM:ACTG) reported EPS of 1.388. For the Current Fiscal year, the company is expected to report EPS of 2.99. For the Next Quarter and Next Year, the company is expected to report EPS of 0.67 and 2.93 respectively. At Current Market Price, ACTG is in distance of -13.29% from its 50-day Moving Average price of $26.6877 and -31.15% from its 200-day Moving Average price of $33.6115. Acacia Research Corporation (ACTG) has been on the Boxer Shorts list for a few months now, and has a long wedging-type pattern. It rolled over, bounced, and then rolled over hard on Monday, down 1.99 to 23.14, or nearly 8%, closing right at the bottom of the channel. At this point, it could come down, and come down hard into the high teens for starters.

Can ACTG Bounce Back After The Recent Slump? CHECK HERE

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