Top Small cap Stock Movers (QADI, RSO, SPRD, MGM, EZPW)

QAD Inc. (NASDAQ:QADI) plunged 8% to $5.26 after the maker of logistics software for manufacturers reversed its profit forecast, saying it expects a loss of at least 4 cents a share in the first quarter ended April.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

Resource Capital Corp. (NYSE:RSO) lost 7% to $6.25. The real-estate investment trust that owns commercial properties said it will sell $80 million of stock in an offering run by Deutsche Bank AG and JPMorgan Chase & Co.

Spreadtrum Communications, Inc. (NASDAQ:SPRD) soared 15.30% to $9.43 after The Chinese maker of mobile-phone chips forecast revenue of at least $65 million in the second quarter, beating the average analyst estimate of $44 million in a Bloomberg survey.

MGM MIRAGE (NYSE:MGM) gained 3.60% to $13.77 after the Hedge fund Paulson & Co. became the second-largest holder in the biggest casino owner on the Las Vegas Strip after taking a 9.1 percent stake, according to a regulatory filing.

EZCORP, Inc. (NASDAQ:EZPW) lost 2% to $18.58 after The short-term cash lender said Chief Financial Officer Brad Wolfe left the company to pursue other interests.

About http://www.pennystockpickreport.com/

Penny Stock Pick Report offers stock newsletter on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on hot penny stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.