Friday, August 22, 2008


Futures pointing to a higher open as oil and gold dip. LEH sharply higher as Reuters reports they are target of potential acquisition.

Gapping Up: BCSI, CSUN, FL Select financials - WB, LEH - Reuters reporting that Korea Development Bank saying buying LEH a possibility, MER, UBS, MBI; Select airlines on lower oil UAUA, CAL.... M&A - ALO; Select solars trading higher on CSUN earnings and YGE contract SPWR, STP, YGE, JASO, SOL...

Gapping Down: NDSN, HIBB, HK, LVS, DRYS, VRGY, PDO, DVN, SU; Select Gold stocks ABX, AUY, AEM, KGC, GOLD

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