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Those Curiously Strong Music Retail Stocks…

Wall Street was flat overall on Wednesday, despite a nice bump from Apple and other overachievers. After posting stellar earnings, AAPL bumped 5.98 percent to $259.22, a once-unthinkable high.

Meanwhile, an under-the-radar surprise is coming from music retailers. Both Hastings Entertainment (HAST) and Trans World Entertainment Corporation (TWMC) have been posting serious gains of late, potentially on the strength of deal rumors. Just recently, Trans World chairman and CEO Robert Higgins purchased an additional 201,800 shares of TWMC at an average price of $1.76. By the Wednesday bell, Trans World appreciated 14.71 percent to $1.95.

Elsewhere, Sirius XM Radio (SIRI) remains the post-$1 stock that could. At the bell, shares of Sirius edged downward 2.65 percent but remained at $1.10.

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