Stock on the Move - December 30

Stocks Rise on Heavy Volumn

• Applied Digital Solution (ADSX): shares of Delray Beach, FL based security products for consumer, commercial and government were up 26 cents or 10% today on spin-off of VeriChip subsidiary. The stock has been trading near 52 week low between $2.5 and $3 per share for these two months. Top executives have been purchasing the stocks since August.
• GlobelTel Communications Corp. (GTE): shares of Florida based VoIP equipment maker were up $1.49 or 68% to $3.68 with 23 millions shares traded, 10 times normal volumn. The company has won a contract worth $600 million to install broadband phone servies to 30 cities in Russia. The stock has been trading between the $1 to $5 range for this year.

Stock Drops on Heavy Volumn

• Syneron Medical Ltd. (ELOS): the aesthetic medical products maker saw its share drop $3.94 or 11% today on analyst's concern over the company's fourth-quarter revenue and downgrade on new competition. The stock of the Israel based company has just reached 52 week high of $45 per share in early December but is now trading 30% less at $31.75 per share.