EOD Wings’n’Shovels: ARRY +40.79 >35 mil vol, OCN -16.99% >19 mil vol

The appropriately labeled ARRY flies through today with wings of good earnings, solid management, and lessons of what a good reputation can mean… it has real value.

OCN, like HLSS from this morning’s post, is another California mortgage company suffering from the bright glare of regulatory suspicion… see?  Reputations are valuable… and bad ones very expensive.