10 Unusual Stocks Attracting Huge Interest In The Pre-Market Right Now

Predator Pilot Radar

Here’s where we see the heat today:

Today we have key earnings from FedEx, Oracle, and RIMM, plus an M&A screamer, allegations of fraud, and more…

M&A SCREAMER: Calix acquiring Occam Networks (OCNW), Occam tearing up

KEY EARNINGS: FedEx (FDX) slipping after missing estimates, but they hiked 2011 guidance

Here's why we think the market got it wrong so far, but you be the judge. Read it here.

See their earnings report here.

CATCHES A BREAK: Morgan Hotel (MHGC) gets forbearance on a hotel property, shares spiking

BUYBACK: China MediaExpress (CCME) soaring after company announces stock repurchase

KEY EARNINGS: Watch Research In Motion (RIMM) today, who will report after the market closes

KEY EARNINGS: Watch Oracle (ORCL) today, who will report after the close

BUYBACK: Hammered-down GameStop (GME) rising after announcing a big share buyback last night

INVESTOR EXPOSURE: Orexigen (OREX) will speak at a big UBS conference, shares are rising after falling on drug concerns lately

CAPITAL STRUCTURE: NPS Pharma (NPSP) dropping after saying it will sell shares in a public offering

ODD: Fuqi (FUQI) still jumping all over the place

Over 34,000 shares as of 8:40.

ODD: Indian company Make My Trip (MMYT) rising strongly

FRAUD?: UTA (UTA) still falling after yesterday's fraud allegations from Bronte Capital

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