Dallas, TX 10/16/2009 12:31:05 AM
(FNM, SWHC, NEP) are Top Most Active Stock Today
Active Stocks
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Fannie Mae (NYSE:FNM) is amongst the top volume gainers in the early morning trade and jumped up 6.29% to $1.52 on a massive volume of 39.63 million shares on no news. The stock has a 52-week range of $0.30-$2.13. Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise (GSE) chartered by the United States Congress to support liquidity and stability in the secondary mortgage market, where mortgage loans are purchased and sold. The Company participates in the secondary mortgage market by purchasing mortgage loans and mortgage-related securities for its mortgage portfolio.
Smith & Wesson Holding Corporation (NASDAQ:SWHC) notched up 3.92% to $5.03 on a massive volume of 1.19 million shares. Smith & Wesson Holding Corporation parent company of Smith & Wesson Corp., the legendary 157-year old company in the global business of safety, security, protection and sport, announced today that the Washington State Patrol (WSP) has selected firearms from the company's Military & Police (M&P) Pistol Series for duty use. The Smith & Wesson M&P40, which is made in the United States, will be issued to each officer of the Washington State Patrol to replace firearms supplied by a European-based manufacturer that had previously served as the primary duty sidearm. The stock has a 52-week range of $1.53-$7.52. Smith & Wesson Holding Corporation (Smith & Wesson) is a manufacturer of firearms. The Company manufactures a range of pistols, revolvers, tactical rifles, hunting rifles, black powder firearms, handcuffs, and firearm-related products and accessories for sale to a variety of customers, including gun enthusiasts, collectors, hunters, sportsmen, competitive shooters, protection focused individuals, law enforcement and security agencies and officers, and military agencies in the United States and throughout the world.
China North East Petroleum Hldng Ltd. (AMEX:NEP) soared 7.30% to $5.00 on huge volume of 642k shares on no news. The stock has a 52-week range of $1.25-$6.50. China North East Petroleum Holdings Limited (CNEH), incorporated on August 20, 1999, is engaged the exploration and production of crude oil in Northern China. As of December 31, 2008, the Company operated 247 producing wells located in four oilfields in Northern China.
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