Seagate Technology (NASDAQ: STX) tanked nearly 20% today after the company issued worsened revenue guidance for the third quarter of 2009. Selling pressure has increased during Thursday's trading session and the stock has hit a new multiyear low.

Looks like news on successful drug trials can surely set a pharmaceutical stock for a long term growth. Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) was one of the rare companies whose stock rallied yesterday, during an untamed market plummet.

Level 3 Communications, Inc. (NASDAQ: LVLT) stock has been on an uptrend for half a month. The company keeps advancing since they have refinanced some $460 million of debt. This has significantly raised its credit ratings.

The U.S. Treasury department is reportedly plotting to harness home-finance powerhouses, Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE), in a bid to tame the ever-slippery home prices – the root cause of the prevailing global financial crisis, according to popular analysis.

The U.S. Treasury department is reportedly plotting to harness home-finance powerhouses, Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE), in a bid to tame the ever-slippery home prices – the root cause of the prevailing global financial crisis, according to popular analysis.

Crystallex Stock just broke out. The company has just completed a (CDN) $62 million private placement and is positioned nicely to grow their business and profit from higher gold prices.

The company’s stock hit a new 52 week high yesterday and has broken out of an 18 month trading range when the company announced about their next evolution of Email service.

A rather surprising and interesting development was announced today for a stock we wrote about a few weeks ago Medlink OTCBB MLKNA. Medlink is a company that has a $500,000 debt, no cash and has not generated one penny in revenue in years. So we have a hard time taking anything they say seriously, especially press releases that reference material events but are not accompanied by an 8-k filing we can read. But put the business aside, just look at the chart on this stock. It looks like this stock is about to go higher regardless