Wednesday, February 6th, 2008...12:54 pm

High flying stock picks gapping up and down

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JDSU – JDS Uniphase Corporation +28% gap this morning
PNSN – Penson Worldwide, Inc 17% gap
MGAM – Multimedia Games, Inc making a 10% move, resistance at $8
IOM – Cult stock Iomega Corporation (IOM message board) showing strength in morning trades, +5%
INSP – InfoSpace, Inc took a hit from $18 in Jan, but closing on $10 and possibly working to test that gap.
DISK – Image Entertainment, Inc all over the map, down to $1, back to $2 and back to $1 now, daytraders rejoice.
TZOO – Travelzoo Inc has had a severe drop this month, but after heavy selling, a vacume to the upside can be expected. Last at $11.90
MANH – Manhattan Associates, Inc got slammed from $24 to $22 last week. Watching support levels for a bounce from $22.
CAKE – The Cheesecake Factory has been feeling the pressure lately, watch support levels at $19 today.

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