MOMENTUM

For the last several weeks Mr. Market has experienced strong momentum. Here you may see a list of the best performing stocks (traded above $10) for the last month. Let see what type of catalyst caused 70%+ moves in such short time frame. Some of the members of the following list are currently way overextended and they might provide good shorting opportunities.

Mexco Energy Corp. (MXC), +206%, 1.76 mill shares out.

Mexco is oil and Gas Company engaged in the acquisition, exploration and development of oil and gas properties located in the United States. In the end of April the company has announced further developments on the $1.85 million purchase of a 21.45% royalty interest in a 122 acre tract in Tarrant County, Texas, US.

EPS growth Q/Q is 230%; Sales Q/Q growth is 44%

Pyramid Oil Co. (PDO), +280%, 3.74 mill shares out.

The company is engaged in the business of exploration, development and production of crude oil and natural gas. As of December 31, 2007, Pyramid had interests in 27 oil and gas leases in Kern and Santa Barbara Counties in the State of California.

EPS growth Q/Q is 1000% (0.22 vs 0.02), Revenue Q/Q growth is 92% as the majority of the revenue growth is due to higher oil and gas prices.

VancelInfo Technologies (VIT), +98%, 15 mill shares out.

The company is an information technology (IT) service provider and one of the offshore software development companies in China. Recent IPO.

EPS growth Q/Q is 138%; Revenue growth Q/Q is 96%

China Architectural Engineering (RCH), +81%, 51 mill shares out.

The company specializes in high-end curtain wall systems (including glass, stone and metal curtain walls), roofing systems, steel construction systems, eco-energy saving building conservation systems and related products, for public works and commercial real estate projects

EPS growth Q/Q is 200%; Sales growth Q/Q is 76%

Stec Inc. (STEC), +81%, 25 mill float

The company, formerly SimpleTech, Inc. designs, develops, manufactures and markets custom memory solutions based on Flash memory and dynamic random access memory (DRAM) technologies.

Last quarter revenue was up 7%, the reported EPS was 4 cents compared to 13cents for the same period in 2007. For the second quarter, the company expects earnings of 7 cents to 8 cents a share, before items, and revenue of $52 million to $54 million. Analysts were expecting earnings of 6 cents a share, before items, on revenue of $50.3 million.

Fuel Systems Solutions Inc. (FSYS), + 76%, 8.6 mill float

The company designs, manufactures and supplies alternative fuel components and systems for use in the transportation, industrial and power generation industries on a global basis.

This week the company said that- its first-quarter profit ballooned more than six-fold to widely beat Wall Street expectations, and raised its full-year guidance. Net income grew from 7 cent to 40 cents per share. Revenue is up 73%.

Energy Conversion Devices (ENER), +74%, 39 mill float

The company is a distributor of materials for alternative energy generation.

Recently the company reported adjusted net income of $10.1 million or $0.25 per share, compared to a loss of $6.4 million or $0.16 per share in the equivalent quarter of the earlier year. The analysts’ consensus estimate was for a loss of $0.06 per share. Total revenues for the third quarter were $70.0 million, much higher than $27.4 million in the same quarter of the preceding year.