CALI, APAC, MGIC, OCZ; NASDAQ Top Percentage Gainers for July 7th

POINT ROBERTS - July 8, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 07, 2011. China Auto Logistics Inc (NASDAQ: CALI) gained 78.45% to close at $2.07.

China Auto Logistics Inc (NASDAQ: CALI) was the biggest gainer with the stock gaining 78.45% to $2.07, off day’s high of $3.80. This morning, the company said that it successfully closed the sale on July 1 of three million unregistered common shares to accredited individual investors at an above market price of $1.75 per share, raising a total of $5.25 million for general corporate purposes.
APAC Customer Services, Inc. (NASDAQ:APAC) was another notable gaineron Nasdaq and soared 55.15% to $8.44 after the company entered into an agreement to be acquired and taken private by One Equity Partners ("One Equity" or "OEP"), the private investment arm of JPMorgan Chase & Co, in an all-cash transaction with an aggregate equity value of approximately $470 million.
Magic Software Enterprises Ltd. (NASDAQ:MGIC) also rose 16.14% to $6.26 after the announced that on July 11, 2011, it will be making an announcement to the Microsoft Worldwide Partner Conference in Los Angeles that Microsoft Corp. partners are now eligible for a SpeedTrack Authorization Program to offer the iBOLT integration platform for Microsoft SharePoint 2010, JD Edwards and PeopleSoft.
OCZ Technology Group Inc. (NASDAQ:OCZ) s urged 15.83% to $9.66 after the company posted a wider fiscal first-quarter loss on stock-based compensation charges, which masked an adjusted profit driven by surging sales.
For the quarter ended May 31, OCZ posted a loss of $9.1 million, or 20 cents a share, compared with a prior-year loss of $4.8 million, or 19 cents a share.
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