NASDAQ Smallcaps Pushing On Gains Through Earnings Reports and 2 Decliners (CKEC, WOLF, OMER, UTSI, PWAV, COOL)

 Carmike Cinemas, Inc.(NASDAQ: CKEC) CKEC is showing bullish movement today as investors accumulate shares due to the company’s rise in revenue. The stock has risen $1.68 (18.46%) bringing the intraday trade price up to $10.78 with close to 386,000 shares exchanged. Can CKEC continue to rise in trend or will some investors sell for profit? Stick around.

Great Wolf Resorts, Inc.(NASDAQ: WOLF) Investment manager Apollo Global Management agreed to acquire indoor water park operator Great Wolf Resorts for about $167.1 million. Given the news, the stock rose $.97 (23.15%) bringing the intraday trade price up to $5.16 with close to 7mln shares exchanged. Can WOLF maintain its uptrend support for another rise in share value? Stick around.

Omeros Corporation(NASDAQ: OMER) OMER is showing positive reports about its Phase 3 clinical trial of OMS302 in patients. Given the positive news, the stock increased $1.41 (18.46%) bringing the intraday trade price up to $9.07 with close to 680,000 shares exchanged. Can OMER maintain its support base for an ongoing increase? Stick around.

UTStarcom Holdings Corp(NASDAQ: UTSI) UTSI is showing a rise in trend as investors support the stock higher on news of an increase in earnings. The stock has gone up $.18 (13.05%) bringing the intraday trade price up to $1.56 with close to 2.5mln shares exchanged. Can UTSI maintain its uptrend value on increased support? Stick around.

Powerwave Technologies, Inc.(NASDAQ: PWAV) PWAV is showing a pullbacks as investors are surrendering shares due to recent gains. The stock has dropped $.30 (14.93%) bringing the intraday trade price down to $1.71 with close to 1.5mln shares exchanged. Can PWAV recover its losses and push for gains once more? Stick around.

Majesco Entertainment Co.(NASDAQ: COOL) COOL is losing support today as investors back out of the stock due to a weak forecast in revenue. The stock has dropped $.34 (11.46%) bringing the intraday trade price down to $2.62 with close to 2mln shares exchanged. Can COOL somehow recover its loss in gains and push for an uptrend? Stick around.

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