Stock On The Move - March 31

Stocks Rise on Heavy Volumn:

• Blue Dolphin Energy Co. (BDCO): shares of Houston, Texas based oil and natural gas company jumped 51.6% or $1.13 to $3.32 per share after the company announced fourth quarter net income of $909,198 on Thursday compared to net loss of $616.827 in for the same quarter in the previous year. The stock was the biggest winner on Nasdaq today with 6 million shares traded, almost 28 times average volumn.
• VA Software Corp.(LNUX): shares of Fremont, CA based open source software platform provider surged 16.83% or 69 cents to $4.79 per share on no news announcement. The stock was the fifth leading gainer on Nasdaq today with 8.7 million shares exchanged hands, almost 9 times average volum.

Stocks Drop on Heavy Volumn:

• Genesis Microchip Inc. (GNSS): shares of Alviso, CA based flat-panel display controller chips maker were down 7.99% or $1.48 to $17.04 per share after the company cut its fourth-quarter outlook on weak revenue. About 5 times average volumn of 8.2 million shares have traded.