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SINA Corporation (NASDAQ: SINA), an online media company and MVAS provider in the People’s Republic of China, released its quarterly results on Wednesday. The company’s shares surged on Wednesday as investors digested better-than-expected quarterly results.
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At the Ira Sohn charity conference, David Einhorn revealed his longs and shorts. We were privileged to be part of the conference. Below is a quick rundown of his presentation:
1. Short Martin Marietta Materials. Says stock is overvalued and benefitted from a one-time national fiscal stimulus. Stock is down 8% after the comments.
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KMA Global Solutions International Inc. (PINK: KMAG), a supplier of superior, cost-effective, source tagging products, this week, announced progress on shipments to major U.S.-based retailers.
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Shares of Premiere Opportunities Group Inc. (PINK: PPBL) are up sharply in trading today. At last check, PPBL shares were trading 22.22% higher at $0.0110 on above average volume of 3.31 million. The stock is up 37.5% this week.
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Great Wall Builders Ltd. (OTC: GWBU) is continuing to rally in early trading today. At last check, GWBU shares were trading 5.84% higher at $1.63 on above average volume of 8.57 million.
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Microelectronics Technology Co. (PINK: MELY), this week, provided an update regarding the cloud computing opportunities it is strategically positioning to take advantage for future growth.
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Triton Distribution Systems Inc. (PINK: TTDZ) shares have fallen sharply in trading today. At last check, TTDZ shares were trading 19.70% lower at $0.0053 on volume of 5.44 million. Despite the sharp fall in trading today, TTDZ shares are still up more than 130% this week.
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A filing made by Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS) with the SEC showed that on Monday, the company’s director, Bandel L. Carano, bought 11,000,000 shares of KTOS common stock for $5 per share.
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Shares of Myriad Interactive Media Inc. (OTC: MYRY), an interactive marketing and development company, are down sharply in trading today.
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Shares of Rapid Fire Marketing Inc. (PINK: RFMK), a provider of marketing services to publicly traded and private companies, are down sharply today.
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