The Most Baffling Things About Top Looser Stock ( OCZ, PAY, FCEL, WCRX )

Los Angelas, CA -- (SBWIRE) -- 09/07/2012 -- Shares of OCZ Technology Gr (NCM:OCZ) are trading at $4.35 and is -22.65% from its 50-day Moving Average price of $5.624 and -28.54% from its 200-day Moving Average price of $6.0877. The average trading volume is 3912280 shares and its market capitalization is $294.3M. OCZ Technology Group Inc OCZ -18.84% shares fell 14% Thursday. OCZ’s fiscal second-quarter revenue is expected to fall short of its previous outlook, as the data-storage company said it has been affected by supply constraints. OCZ Technology (OCZ) shares tumbled -18.8% after the solid-state drive maker lowered its fiscal second-quarter revenue estimate to $110-$120 million from previous guidance of $130-$140 million. In the year-earlier quarter, OCZ had revenue of $78.5 million. The company cited a NAND flash memory chip shortage for the reduced guidance. Six pros counted OCZ among their top holdings at the end of Q2 and more than 60 tickerspy members own the stock in their portfolios.

Collect Your Free Copy Today Click Here

Shares of VeriFone Systems (NYSE:PAY) plunged -13.7% after the electronic payments terminal maker reported fiscal third-quarter revenue of $489.1 million, well below the $498.0 million analysts expected. For the quarter, VeriFone earned $37.7 million, or 34 cents per share, up from $26.3 million, or 28 cents per share, a year earlier. On an adjusted basis, the company earned 75 cents. Analysts had expected a profit of 70 cents. The company forecast a fiscal fourth-quarter profit of 75-77 cents a share on revenue of $495-$500 million. Analysts were expecting EPS of 74 cents on revenue of $521 million. For the full year, VeriFone expects to earn $3.25-$3.30 a share on revenue of $2.05-$2.1 billion. Analysts were expecting a profit of $3.23 per share on revenue of $2.15 billion. Three pros counted VeriFone among their top holdings at the end of Q2 and nearly 200 tickerspy members own the stock in their portfolios. VeriFone Systems Inc. PAY -13.65% shares fell 14%. VeriFone’s fiscal third-quarter net income rose 43% as the electronic-payments company’s revenue strengthened, led by its services business. However, the shares fell after the company also predicted weak fourth-quarter revenue. On the downside, shares of VeriFone Systems Inc. PAY -13.65% skidded 13.7% to close at $30.55, under pressure after the company issued a weaker-than-expected forecast as it reported third-quarter results.

Sign Up For Very Time Sensitive Stock Alert

FuelCell Energy Inc. (NASDAQ:FCEL) reported its results for the third quarter. Fuelcell Energy is engaged in the development and production of stationary fuel cells for commercial, industrial, government and utility customers. Loss widened to $10 million (6 cents per diluted share) from $7.8 million (loss of 7 cents per share) in the same quarter a year earlier.Revenue: Fell 4.7% to $29.7 million from the year-earlier quarter. Analysts seem more positive about the company’s results for the next quarter than three months ago. The average estimate for the fourth quarter has moved from a loss of 7 cents a share to a loss of 6 cents over the last ninety days. For the fiscal year, the average estimate has moved from a loss of 36 cents a share to a loss of 33 cents over the last ninety days.

Get a free trend analysis on FCEL Click Here

Warner Chilcott PLC (NASDAQ:WCRX) -9.80% slid 10% to $12.77 on Thursday, bogged down by an announcement that three of its top private-equity investors intend to sell nearly 17% of the pharmaceutical company's outstanding shares in an offering scheduled for Sept. 11. The news was accompanied by downgrades from Cantor Fitzgerald and S&P Capital, who both cut their ratings of the stock to hold from buy. S&P lowered its price target from $20 to $15, while Cantor dropped its target from $22 to $14. "This offering comes on the tail of an unexpected outcome in the strategic review process, ahead of a highly visible patent cliff in 2014, and signals decreased insider confidence, in our view," wrote the Cantor analysts in their note. In early August, Warner Chilcott revealed that it was no longer in talks about a possible sale of the company. The stock has fallen 23% over the past 30 days and is down 16% year-to-date.Warner Chilcott PLC WCRX -9.80% shares lost 10%. The company said funds affiliated with Bain Capital Partners, J.P. Morgan Partners, Thomas H. Lee Partners LP and members of its senior management are offering an undisclosed number of shares for sale. Warner Chilcott plc are trading at $12.80 and is -22.90% from its 50-day Moving Average price of $16.6014 and -27.56% from its 200-day Moving Average price of $17.6694. The average trading volume is 3633530 shares and its market capitalization is $3.206B.

Sing Up Here For Our Full Analysis

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