Friday, March 30, 2012

Thursday's NASDAQ % Winners: DEER, SCEI, CXPO, SBSA

New York, NY - March 30, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 29th. The Nasdaq Composite ended lower by 9.60 (-0.31%) to close at 3,095.36.

Deer Consumer Products, Inc. (NASDAQ:DEER) shares closed higher by 44.34% at end at $4.59. The company reported a net profit of $39.8 million, or $1.18 per share for 2011, as compared with $30.3 million, or $0.90 per share, last year.

Revenue for the year rose nearly 29 percent to $226.7 million.

The company reaffirmed fiscal 2012 guidance and provides revenue guidance in between $270 and $290 million, net income guidance in the range of $45 million and $47 million, and targets EPS between $1.37 and $1.42.

Sino Clean Energy Inc. (NASDAQ:SCEI) jumped 20% to close at $2.82 on heavy volume. The company is scheduled to release its audited financial results for the full year ended December 31, 2011 and file its annual report on Form 10-K with the Securities and Exchange Commission on March 30, 2012.

Crimson Exploration Inc.(NASDAQ:CXPO) added 19.15% to end at $3.92 after the company announced the successful completion of the Mosley #1H (84.3% WI), at a gross initial production rate of 1,203 Boepd, or 1,017 barrels of oil, 87 barrels of natural gas liquids and 595 mcf, on a 30/64th choke and 601 psi of tubing pressure.

Additionally, the company is also actively drilling two horizontal wells targeting the Woodbine formation in Madison County.

Spanish Broadcasting System Inc (NASDAQ:SBSA) rose 14.32% to close at $4.71 in the previous trading session. On March 27, 2012, the company announce that its President and CEO Mr. Raul Alarcon Jr. will be honored at the American Cancer Society Annual Gala as the 2012 Gala Honoree for his continuous support to our community on Saturday April 21st, 2012 at the InterContinental Miami.

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