April 25, 2012 at 03:00 AM EDT
TheStockfather.com: Stocks Gaining Momentum (LUXR, SNPK, GTIM, CNIT, AXK)
(EMAILWIRE.COM, April 25, 2012 ) Minneapolis, MN -- Tuesday was a busy day on Wall Street as several stocks saw shares and volume soar.

TheStockfather, publisher of a stock newsletter, has picked the top five stocks with momentum for Tuesday, April 24.

They include Accelr8 Technology Corp. (NYSE:AXK), Luxeyard, Inc. (OTC:LUXR.PK), Sunpeaks Ventures, Inc. (OTC:SNPK.OB), Good Times Restaurants Inc. (Nasdaq:GTIM), and China Information Technology, Inc. (Nasdaq:CNIT).

TheStockfather.com reports that Accelr8 Technology Corp. (NYSE:AXK) has gained over $1 per share since last week, closing at $2.27 on Tuesday. Volume is up over 1,600 percent from its recent daily volume average.

Accelr8 Technology Corporation focuses on the research, development, and commercialization of proprietary surface chemistry formulation.

Another stock gaining momentum according to TheStockfather.com is Luxeyard, Inc. (OTC:LUXR.PK). Shares of LUXR.PK closed up 36 cents to $1.50, a gain of nearly 32 percent, on Tuesday.

Luxeyard, Inc., through its subsidiary, LY Retail, LLC, focuses on operating as an e-commerce marketplace for luxury home and other consumer products at a discount.

TheStockfather.com also reports that Sunpeaks Ventures, Inc. (OTC:SNPK.OB) closed at $1.12, continuing to climb towards its 52-week high.

Sunpeaks Ventures, Inc., through its wholly-owned subsidiary, Healthcare Distribution Specialists LLC, distributes hard-to-find and specialty drugs to the healthcare provider market in the United States.

Good Times Restaurants Inc. (Nasdaq:GTIM), meanwhile, closed Tuesday at $4.55 or up $1.74 (61.92%).

Good Times Restaurants, Inc., through its subsidiary, Good Times Drive Thru Inc., operates 25 restaurants in Colorado, Wyoming, and North Dakota.

Another stock gaining steam according to TheStockfather.com is China Information Technology, Inc. (Nasdaq:CNIT). Shares of CNIT closed at $1.59, up 36 cents of (29.27%).

China Information Technology Inc. provides integrated solutions for the geographic information systems (GIS), digital public security technology (DPST), and the digital hospital information systems markets in the People’s Republic of China.

Disclaimer: TheStockfather.com was not paid for this news release and does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit http://www.thestockfather.com for further disclosure information.


The Stockfather

Stacy Abbott

651-368-8010

sabbott@thestockfather.com


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