Pre-Open Stock Watch ( NSTC ) ( PSTI ) ( TSEM ) More… 06/13/2011

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momentumtraders Newsletter

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JUNE 13, 2011 ~~~~~~~~~~~~~~~~~~~~~~~~~~


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PRE-OPEN STOCK WATCH *************

S&P futures vs fair value: +4.30. Nasdaq futures vs fair value: +7.80.

Overall action abroad has been mixed in the first session of the new week. Germany`s DAX is up 0.1% at the moment. Adidas and Deutsche Telekom are providing support, but automakers Daimler AG and BMW have been drags.

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NSTC – BREAKOUT ALERT NSTC – BREAKING $7.50 PRE-OPEN Ness Technologies, Inc. provides information technology and business planning services in North America, Latin America, Europe, the Middle East, and Asia. The company operates in three segments: Software Product Engineering; System Integration, Application Development, and Consulting; and Software Distribution.

The Software Product Engineering segment operates approximately 50 product labs for independent software vendors, high-tech companies, and global organizations that build or rely on commercial-grade software to generate revenue…

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PSTI – MOMENTUM FAVORITE HAS NEWS PSTI – BREAKING $2.75 PRE-OPEN HAIFA, Israel, June 13, 2011 (GLOBE NEWSWIRE) — Pluristem Therapeutics Inc.

(Nasdaq:PSTI – News ) (TASE:PLTR – News ) today announced that according to the TASE announcement, its ordinary shares will be added to the Mid-Cap-50 Index on the TASE, beginning on June 15, 2011.

The Mid-Cap-50 Index includes the 50 shares with the highest market capitalization that are not included in the TA-100 index.

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TSEM – ALERT UPDATE TSEM – HITTING $1.10 PRE-OPEN TEL AVIV, June 13 (Reuters) – Israeli chipmaker TowerJazz (TSEM.TA ) (TSEM.TA ) said on Monday it expects a double-digit rise in second-quarter revenue to a record level.

The company forecast quarterly revenue to be between $136 million and $142 million.

The mid-range of the range is a record high and represents a 15 percent increase from $120.6 million in the first quarter and an 11 percent rise year-on-year.

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SAGE – ACTIVITY WATCH ALERT SAGE – $1.44 Sagebrush Gold, Ltd. is a junior gold exploration company focused on searching for world-class resources and seeking out potentially significant gold exploration and development targets in Nevada`s leading gold districts.

Sagebrush Gold, Ltd. also owns The Empire Sports & Entertainment Co, which specializes in the sports and entertainment promotions industry.

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