Unusual 11 Mid-Day Movers 9/19: (CNET) (PDEX) (CNQR) Higher; (QRHC) (ESI) (NEON) Lower - InvestingChannel

Unusual 11 Mid-Day Movers 9/19: (CNET) (PDEX) (CNQR) Higher; (QRHC) (ESI) (NEON) Lower

ChinaNet (Nasdaq: CNET) 144.1% HIGHER; announced that its new growth strategy will focus on offering digital advertising services. More important to momentum traders, the company mentioned a possible deal with Alibaba (NYSE: BABA). “We are very excited about our new focus on digital advertising and our cooperation with Baidu. We are also in discussions with Taobao of Alibaba to provide “Micro-Sell 360″, which is one of our new product solutions geared towards precision marketing for clients,” said George Chu, ChinaNet Online’s Chief Operating Officer.

Quest Resource Holding (Nasdaq: QRHC) 48.9% LOWER; announced the pricing of a $18,000,000 underwritten