Dallas 7/17/2012 11:21:47 PM
News / Finance

STEM, RITT, WEST are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: STEM, RITT, WEST

StemCells, Inc. (Nasdaq:STEM) reached up 41.39% in morning trading to $1.23 with 5M shares traded. StemCells, Inc. is engaged in the research, development, and commercialization of cell-based therapeutics and tools for use in stem cell-based research and drug discovery. The Company's lead therapeutic product candidate, HuCNS-SC(R) cells (purified human neural stem cells), is currently in development as a potential treatment for a broad range of central nervous system disorders. StemCells, Inc. (STEM), today announced preclinical data demonstrating that its proprietary human neural stem cells restored memory and enhanced synaptic function in two animal models relevant to Alzheimer's disease (AD). The data was presented today at the Alzheimer's Association International Conference 2012 in Vancouver, Canada.

RiT Technologies (Nasdaq:RITT) reached up 25% in morning trading to $3.65 with 300K shares traded. RiT is a leading provider of comprehensive management solutions for today's mission-critical data centers and communication rooms. Through the deployment of RiT's integrated DCIM (data center infrastructure management), IIM (intelligent infrastructure management), SMART Cabling™ and EPV™ real-time infrastructure management solutions, companies enhance both CAPEX and OPEX, increase their efficiency and improve their automated processes. RiT's field-tested solutions are delivering value in thousands of installations for top-tier enterprises and operators throughout the world. RiT Technologies (RITT), today announced that its SMART Xlight™ end-to-end fiber optic cabling solution has been certified by an independent laboratory to exceed 10 Gb/s and 100Gb/s performance requirements as specified in the ANSI/TIA-568-C standard.

Westinghouse Solar, Inc. (Nasdaq:WEST) reached up 18.28% in morning trading to $.31 with 150K shares traded. Founded in 2001, Westinghouse Solar is a designer and manufacturer of solar power systems. In 2007, Westinghouse Solar pioneered the concept of integrating the racking, wiring and grounding directly into the solar panel. This revolutionary solar panel, originally branded "Andalay", quickly won industry acclaim. In 2009, the company again broke new ground with the first integrated AC solar panel, reducing the number of components for a rooftop solar installation by approximately 80 percent and lowering labor costs by approximately 50 percent. Westinghouse Solar, Inc. (WEST) today announced that Comtec Distributing has selected Westinghouse Solar as their exclusive supplier of solar power systems to support expansion of their line of energy efficiency products.

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