Stocks On The Move - June 30

Stocks Rise on Heavy Volumn:

• RSA Security Inc. (RSAS): the EMC buy out send shares of the Bedford, MA based identities up again as the stock soared 18.44% or $4.22 to new 52 weeks high of $27.1 per share, almost at the buyout price of $28 per share. In the last trading session the stock was already up 18% as the firm confirmed possible buyout deal. The stock was the fifth biggest winner and the tenth heaviest traded on Nasdaq today with 43 million shares traded or eighteen times average volumn.
• Vertex Pharmaceuticals Inc. (VRTX): shares of Cambridge, MA based cancer and hepatitis C drug maker surged 14.61% or $4.68 to $36.71 per share on partnership with Johnson & Johnson to develop and commercialize a new hepatitis C drug. The stock was the fourteenth leading gainer on Nasdaq today with eight times average volumn of 15 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Airspan Networks, Inc. (AIRN): the wireless telecommunication equipment maker plunged 34.06% to new 52 weeks low of $2.42 per share after the company said it will delay deliveries of wireless networking equipment to its largest customer. The stock was the worst performer of the day with 15 million shares traded or twenty times average volumn.
• Stratex Networks Inc. (STXN): Stratex Networks, also a wireless telecom equipment maker was down despite posting a strong fourth quarter results. Shares of the network company tumbled 15.67% or 63 cents to $3.39 per share and was the fifth leading decliner on Nasdaq today with 15 million shares exchanged hands.

Stocks On The Move - June 29

Stocks Rise on Heavy Volumn:

• 3Com Corporation (COMS): many stocks finished strong on Thursday as the market rallied due to softened note from Fed's chief Bernanke in regards to future interest rate hike. One company benefit from the rally is 3Com, the Marlborough, Massachusetts based network equipment maker. The stock surged 15.12% or 67 cents to near 52 weeks high of $5.1 per share also due analyst upgrade after the company reported reduced fourth-quarter net loss and announced 250 job cuts. The stock was the twelveth leading gainer and fourteenth heaviest traded on Nasdaq today with 22 million shares traded.
• RSA Security Inc. (RSAS): last month shares of Bedford, MA online identities protection solution provider were down 12.28% on heavy volumn due to SEC probing on documents related to RSA's stock option grants and practices. However today the stock was on the bullish side as it soared 18.18% or $3.52 to new 52 weeks high of $22.88 per share as EMC, the data storage provider planned to buy the company for $2.1 billion or $28 per share. The stock was the seventh biggest winner on Nasdaq today with 12 million shares traded or seven times average volumn.

Stocks Drop on Heavy Volumn:

• Neoware, Inc. (NWRE): the bullish market today didn't help all the stocks. Instead stock such as the King of Prussia, Pennsylvania based software firm Neoware was doing miserably for the day by finishing down 41.65% to near 52 weeks low of $11.78 per share after the company issued fourth quarter warning due to lower than expected sales from existing clients. the stock was the worst stock on Nasdaq today with 18 million shares traded.
• Advanced Auto Parts Inc. (AAP): the Roanoke, Virgina based auto parts store operator was also left from the celebration party today as it plunged 16.69% or $5.99 to new 52 weeks low of $29.91 per share after the company cut its second-quarter profit outlook due to soaring gas price and rising interest rate which would cut back customer spending. The stock no doubt was the worst stock on NYSE today with 14 million shares traded or 10 times average volumn.

Stocks On The Move - June 28

Stocks Rise on Heavy Volumn:

• unfortunately no stock met the criteria today

Stocks Drop on Heavy Volumn:

• Netgear Inc. (NTGR): shares of Santa Clara, California based communication equipment maker plunged 11.24% or $2.66 to $21 per share on analyst downgrade citing competition from network equipment leader Cisco. The analyst gave a price target of $26 per share. The stock was the nineth leading decliner on Nasdaq today with 5 million shares traded or 6 times average volumn.
• Rambus Inc.(RMBS): after reaching 52 weeks high in April as the company won the patent infringing case, shares of the leading memory chips maker has been on a slide since and again tumbled 11.15% or $2.58 to $20.55 per share after the company announced that it has found discrepancies in past stock-options award dates and may result in additional noncash charge. The stock was the tenth leading gainer and the fifteenth heaviest traded on Nasdaq today with 15 million shares exchanged hands.

Stocks On The Move - June 27

Stocks Rise on Heavy Volumn:

• Republic Bancorp Inc. (RBNC): shares of Owosso, Michigan based banking company which provides commercial banking services in Michigan, Ohio and Indiana soared 17.79% or $1.88 to $12.45 per share as rival Citizens Banking Corp. would buy the company for $1.05 billion. The stock was the third biggest gainer on Nasdaq today with 6.5 million shares or 13 times average volumn.
• Movie Gallery Inc. (MOVI): the severely punished movie rental company is still on the path of climbing back as it surged 13.69% or 76 cents to $6.31 per share on speculation of takeover. Since sinking to 52 weeks low of $1.68 set on March 9, the movie rental company has been on a come back fueling by rumors that the company may merge with rival Blockbuster Inc. (BBI). The stock was the fifth leading gainer on Nasdaq today with 6 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Take-Two Interactive Software Inc. (TTWO): earlier this month the New York based interactive game maker was down 17% due to disappointing second quarter result. The situation hasn't improved as the stock continue to slide since and was down 15.7% today to new 52 weeks low of $10.85 per share on probe from New York district attorney on auditing and hidden scenes. The stock was the fourth biggest loser and the twelveth heaviest traded on Nasdaq today with twelve times average volumn of 24 million shares traded.
• Marvell Technology Group.(MRVL): last month the Hamilton, HM based semiconductors maker saw its shares moving up in huge volumn with strong first quarter earning. However today the was on the losers side as it tumbled 14.95% or $7.76 to $44.14 per share after the company bought the handheld chip division of Intel for $600 million. The deal failed to cheer up the investors as it may hurt the company's financial for the near term. The stock was the fifth leading decliner and seventh heaviest traded on Nasdaq today with 40.85 million shares traded.

Stocks On The Move - June 26

Stocks Rise on Heavy Volumn:

• Neurocrine Biosciences Inc. (NBIX): the slide is finally over for the San Diego, CA based drug maker as bargain hunters saw the sell-off which began in May overdone and is now back buying the troubled company by sending it up 9.24% or 91 cents to $10.76 on three times average volumn of 8.2 million shares. However the stock is still off 85% from its 52 weeks high of $73 per share back in March.
• Inco Ltd. (N): shares of Toronto, Canada based mining and metal company for nickel, copper, cobalt and speicalty nickel products surged 10.21% or $5.95 to $64.21 per share as Phelps Dodge is planning to buy the nickel mining firm for $71 per share. The stock was the fourth leading gainer on NYSE today with three times average volumn of 9.8 million shares traded.

Stocks Drop on Heavy Volumn:

• Anadys Pharmaceuticals Inc. (ANDS): shares of San Diego, California based biopharmaceutical company making drug for cancer treatment were hammered 44.84% or $3 to new 52 weeks low of $3.69 per share after the company stopped the study on its hepatitis C drug due to safety concern. The stock was the second biggest loser on Nasdaq today with 8 million shares traded or 26 times average volumn.
• Phelps Dodge Corp. (PD): while the nickel company Inco Inc. was the big winner of today's buyout deal, the Phoenix, Arizona based Phelps Dodge which produces copper, molybdenum and molybdenum based chemicals was the loser on the deal as the cost of buyout on Inco and Falconbridge would be $40 billion. However the deal will make Phelps Dodge the world's biggest nickel and copper producer. Shares of Phelps Dodge were down 8.1% to $76.23 per share and the company became the third leading decliner and the third heaviest traded on NYSE today.

Stocks On The Move - June 23

Stocks Rise on Heavy Volumn:

• Western Gas Resources Inc. (WGR): the Denver, Colorado based natural gas company is one of the companies been merged by Anadarko Petroleum Corp. (APC) today. The deal is worth more than $21 billion in total in which Wester Gas is to be bought by $4.7 billion or $61 per share. The natural gas company skyrockets 45.86% or $18.76 to near merger price of $59.67 per share, also its new 52 weeks high. The stock os the biggest winner on NYSE today with fourth leading gainer on Nasdaq today with 15 times average volumn of 18.7 million shares traded.
• Kerr-McGee Corp. (KMG): another big winner of today's Anadarko buyout is Kerr-McGee, the Oklahoma City, Oklahoma based oil and natural gas company. The cost for buying KerrMcGee is far more expensive than Western Gas as Anadarko will pay $16.4 billion or $70.5 per share to acquire Kerr-McGee. The stock ends up surging 36.4% or $18.31 to $68.61 per share and is the second best performer on NYSE today right behind Western Gas and is also the heaviest traded on NYSE today.

Stocks Drop on Heavy Volumn:

• Neurocrine Biosciences Inc. (NBIX): this is the third time that shares San Diego, CA based drug maker got listed on the worst stocks of the day as the stock plunged to another new 52 weeks low of $8.61 per share after Phizer cuts partnership with the company. The turnmoil began on May 16 when the stock dropped 62% on that day due to FDA delaying the company's new sleeping pill. The stock was the biggest loser and tenth heaviest traded on Nasdaq today with 26 million shares exchanged hands.
• Six Flags Inc. (SIX): summer holiday's coming for most schools so good news coming for the amusement parks owners? at least not for the New York based Six Flags as the company is still in deep financial trouble and will be forced to sell six theme parks. The stock got hammered 25.5% or $1.9 to $5.55 per share and was teh worst performer on NYSE today with 17 million shares traded or nine times average volumn.

Stocks On The Move - June 22

Stocks Rise on Heavy Volumn:

• Hologic Inc. (HOLX): shares of the Bedford, Massachusetts based medical imaging systems provider soared 18.09% or $7.47 to $48.76 per share as the company would still get reimbursements from federal government on medical imaging equipment which investors earlier thought the funding could be axed and had been punishing the stock. The stock was the fourth leading gainer on Nasdaq today with 6.65 million shares traded.
• Novell Inc. (NOVL): shares of Waltham, Massachusetts based open source software provider surged 9.17% or 55 cents to $6.55 per share after the company ousted its CEO and CFO due to sluggish performance of the company and the stock. The stock was the tenth heaviest traded and the fifteenth best peformed on Nasdaq today with 27.9 million shares traded.

Stocks Drop on Heavy Volumn:

• Medifast Inc. (MED): shares of Owings Mills, Maryland based disease management products maker plunged 21.77% or $4.55 to $16.35 per share on profit taking after the stock hit 52 weeks high of $21 per share yesterday. Another reason hurting the stock is that the stock was lited in StockLemon, which rated the stock as overvalued. The stock was the biggest loser on AMEX today with 5.8 million shares traded or ten times average volumn.
• Rite Aid Corp. (RAD): shares the nations third leading drugstore chain lost 7.69% or 35 cents to $4.2 per share after the company reported disappointing first quarter profit below analysts expections. For the first quarter of 2006 the company reported earning of $3.2 million or a penny per share compared to analysts estimate of 3 cents per share. The stock was the leading decliner and the eighth heaviest traded on Nasdaq today with 22 million shares traded or four times average volumn.

Stocks On The Move - June 21

Stocks Rise on Heavy Volumn:

• Finisar Corp. (FNSR): the market shook off the inflation worry and praised the upbeat corporate earnings as the all the major indices finished up today. The overall bullish atmosphere helped shares of Finisar, the Sunnyvale, CA based fiber optic network component maker to finished up 7.91% or 25 cents to $3.41 per share on above average volumn of 20.9 million shares. The stock for the past few months went as high as $5.49 per share but the June sell-off send the stock back to $3 per share.

Stocks Drop on Heavy Volumn:

• Home Solutions of America Inc. (HOM): the Dallas, Texas based home remodeling is probably the most active stock in June as it is on the moving stocks of the day for the fourth time this month. This time the stock plunged 11.47% or 86 cents to $6.64 per share due to lawsuit claiming that company officials pumped up the stock price. In previous articles the stock was on the list due to analyst upgrade, revenu hit, and profit taking. The stock today was the fourth leading decliner and the tenth heaviest traded on AMEX today with 8.3 million shares traded, more than twice of average volumn.
• Teva Pharmaceutical Industried Ltd. (TEVA): the bullish market didn't help the Israel based drug maker as the stock tumbled 9.53% or $3.4 to $32.27 per share on price war as rival Merck(MRK) cut price of cholesterol drug Zocor. The stock was the sixth worst performer and the seventh heaviest traded on Nasdaq today with 40 million shares traded or seven times average volumn.

Stocks On The Move - June 20

Stocks Rise on Heavy Volumn:

• Qiao Xing Universal Telephone Inc. (XING): not many stocks were up with heavy volumn despite a positive finish for the Dow Jones. The only stock which finish higher on heavy volumn of at least 5 million shares is the China based Qia Xing Universal Telephone, Inc. which manufactures telecommunications products such as wireless phones and cnosumer electronics such as MP3 players. The stock today surged 9.31% or 87 cents to new 52 weeks high of $10.21 per share after the company reported strong 2005 results which beats earlier forecasts. The stock was the twentieth leading gainer on Nasdaq today with 11.4 million shares traded, the eighteenth heaviest traded on Nasdaq.

Stocks Drop on Heavy Volumn:

• Actuant Corp. (ATU): the Milwaukee, Wiscnosin based hydraulic industrial products maker was one of the few victims in this light trading day by losing 17.85% or $10.12 to $46.58 per share after the company annouced restructuring program to cost costs despite posting strong third quarter. The stock was the biggest loser on NYSE today with 8.5 million shares traded or 36 times average volumn.
• Trident Microsystems Inc. (TRID): shares of Sunnyvale, CA based graphic chips maker was down again as analysts cuts estimates due to competition concerns. Just a month ago the stock plunged for two consecutive session SEC probe. The stock lost 8.71% or $1.72 to $18.02 per share and was the twelveth leading decliner on Nasdaq today with 7.3 million shares traded.

Stocks On The Move - June 19

Stocks Rise on Heavy Volumn:

• CarMax Inc. (KMX): shares of Richmond, Virginia based used car retailer jumped 7.59% or $2.39 to $33.89 per share as the company's first quarter profit jumped 54% to $56.8 million or 53 cents per share compared with $37 million in the same quarter of previous year. The result also beats the Street's estimate of 38 cents per share. The stock was the third biggest winner on NYSE of today with 5.2 million shares traded.
• Sepracor Inc.(SEPR): shares of Marlborough, MA based drug maker surged 9.35% or $4.63 to $54.15 per share on rumors that the sleeping pill maker could be a takeover target. The stock was the twelveth leading gainer on Nasdaq today with 13 million shares traded, the seventeenth heaviest traded on Nasdaq.

Stocks Drop on Heavy Volumn:

• Nortel Networks Corp. (NT): shares of Brampton, Canada based network equipments and solutions provider plunged 10.13% or 23 cents to 52 weeks low of $2.04 per share on joint venture between rival European telecom companies Nokia and Siemens. The stock was the seventh leading decliner and the heaviest traded on NYSE today with 57 million shares exchanged hands.

Stocks On The Move - June 16

Stocks Rise on Heavy Volumn:

• Pioneer Natural Resources Co. (PXD): despite a slightly negative market due to profit taking shares of the Irving, Texas based oil and natural gas company still went up for the third consecutive sessions by adding 11.84% or $4.69 to $44.31 per share. Earlier this week on Tuesday the stock has fall to 52 weeks low of $36.43 per share. The stock was the second best performer on NYSE today with 7.5 million shares traded or three time average volumn and was the biggest volumn ever this year. Last time the stock had volumn more than 5 million was back in March 24 of 6.6 million.
• Focus Media Holdings Ltd. (FMCN): shares of Shanghai, China based advertising company surged 11.52% or $6.28 to 60.78 per share on new stock offering at $54 per ADS where each ADS representing 10 ordinary shares. The stock was the twelveth leading gainer on Nasdaq today with 6.2 million shares traded.

Stocks Drop on Heavy Volumn:

• Neurocrine Biosciences Inc. (NBIX): shares San Diego, CA based drug maker tumbled again by dropping 21.63% or $4.19 to new 52 weeks low of $15.18 per share after the company announced that it will need additional trials to receive approval for its sleeping pill. A month ago the drug maker was hammered 62% due to delaying of FDA approval of the same drug. The stock was the third biggest loser on Nasdaq today with 11.9 million shares exchanged hands, almost six times average volumn.
• OmniVision Technologies Inc. (OVTI): the Sunnyvale, California based image sensor chips maker plunged 12.56% or $3.37 to $23.44 per share on negative analysts comment on concern over shrinking margins. The stock was the sixth leading decliner on Nasdaq today with 14.5 million shares traded.

Stocks On The Move - June 15

Stocks Rise on Heavy Volumn:

• Encysive Pharmaceuticals Inc. (ENCY): a broad rally in the market help many stocks going higher today including the Bellaire, Texas based biopharmaceutical company which soared 38.81% or $1.96 per share to $%7.01 per share as FDA begins to review the company's blood pressure drug. This is an encouraging news as FDA in March delayed the drug approval which send the stock down to 52 weeks low of $4.6 per share. Early this month the stock also soared 34.72% to $5.82 per share on the same drug approval from European drug regulator. The stock was also upgraded by two analysts the same day. The stock was the biggest winner on Nasdaq today with 13.7 million shares traded, about four times average volumn.
• Intermagnetics General Corp. (IMGC): another big winner of today's major rally in the market is the Latham, New York based Intermagnetics General Corp., a mmaker of superconducting materials, high-field magnets, and medical systems. The stock surged 26.19% or $5.6 to $26.98 per share after Royal Philips Electronics agreed to buy the company for $1.3 billion or $27.5 per share. The stock was the second leading gainer on Nasdaq today with 7.1 million shares traded or twelve times average volumn.
• Titanium Metals Corp. (TIE): today's winner in the New York Stock Exchange is the Dallas, Texas based titanium melted products maker Titanium Metals Corp. which surged 12.34% or $3.68 to $33.5 per share. Recently the stock has fall from 52 weeks high of $47.63 per share to as low as $27.93 per share on Tuesday. The stock became the eighth leading gainer on NYSE with 10.55 million shares traded or 1.5 times average volumn.

Stocks Drop on Heavy Volumn:

• We are happy to say that no stocks met this criteria today.

Stocks On The Move - June 14

Stock Rise on Heavy Volumn:

• Southwestern Energy Co. (SWN): many stocks have come alive again today including the Houston, Texas based oil and natural gas company which saw its stock surged 13.1% or $3.25 to $28.05 per share after the company's natural gas production in its Fayetteville ficility has doubled since May 1. The stock was the biggest winner on NYSE today with 7.3 million shares traded, or about three times average volumn.

Stocks Drop on Heavy Volumn:

• ETrade Financial Corp. (ET): Although Dow has gained 100 points today, not all stocks listed in NYSE are doing well as the New York based online trading brokerage firm tumbled 6.01% or $1.24 to $19.38 per share after the company said that the daily average revenue trades declined 3% in May compared to previous month due to weak stock market. The stock was the thirteenth leading decliner and the twelveth heaviest traded on NYSE today with 18 million shares exchanged hands or more than three times average volumn.

Stocks On The Move - June 13

Stock Rise on Heavy Volumn:

• Maverick Tube Corp. (MVK): yah... this is a terrible day for most stocks.. but for all of them as shares of Maverick Tube, the Chesterfield, Missouri based oil and gas equipment soared 37.21% or $16.99 to new 52 weeks high of $62.65 per share on buyout from Luxembourg based Tenaris SA for $2.4 billion. The stock was the biggest winner on NYSE today with 18.6 million shares traded, about 18 times average volumn.

Stocks Drop on Heavy Volumn:

• Jabil Circuit Inc. (JBL): shares of St Petersburg, Florida based electronic manufacturing services provider plunged 21.93% or $7.11 to $25.31 per share after the company reduced its earning outlook for the third quarter due to higher operating losses in electromechanical operations. The stock was the biggest loser and the fourth heaviest traded on NYSE today with 30.5 million shares traded.
• Coeur d'Alene Mines Corp. (CDE): shares of Coeur d'Alene, Idaho based silver and gold mining company for properties in United States, Australia and Africa tumbled 8.56% or 37 cents to $3.95 per share on weakening gold price which has so far lost 7% or $80 in six sessions. The stock was the fourteen leading decliner on NYSE today with 16.5 million shares exchanged hands.

Stocks On The Move - June 12

Stock Rise on Heavy Volumn:

• Pozen, Inc. (POZN): the 60% plunged last Friday attracted bargain hunters to the Chapel Hill, North Carolina based drug maker for chronic pain. Heavy buying of 15.7 million shares, about 20 times normal volumn, lifted the stock 10.87% or 60 cents to $6.12 per share. The stock was the fifth heaviest traded on Nasdaq today.
• Texas Regional Bancshares Inc. (TRBS): the Mcallen, Texas based regional bank holding company operaing 73 branches in Texas became one of the few stocks going higher today by adding 10.23% or $3.5 to new 52 weeks high of $37.7 per share after BBVA, the Bilbao, Spain based banking company operating in 32 countries, agreed to acquire the company for $2.16 billion or $38.9 per share. The stock actually has been rising since end of May prior to the buyout deal. The stock was the eighth leading gainer on Nasdaq today with 6 million shares exchanged hands, or 21 times average volumn.

Stocks Drop on Heavy Volumn:

• Crystallex International Corp. (KRY): shares of Toronto, Canada based gold mining company for property in Venezuela plummeted 21.04% or 81 cents to $3.04 per share on amendment of common share purchase warrants and falling gold price. The stock was the third leading decliner and the sixth heaviest traded on AMEX today with 15.9 million shares exchanged hands or three times average volumn.
• Peru Copper Inc. (CUP): shares of Vancouver, Canada based copper mining company for property in Peru plunged 17.84% or 89 cents to $4.1 per share on falling metal price and profit taking after the company's concern on recently volatile activity. The stock was the fourth leading decliner on AMEX today with 6.9 million shares traded, or three times average volumn.

Stocks On The Move - June 9

Stock Rise on Heavy Volumn:

• No stock met the criteria today.

Stocks Drop on Heavy Volumn:

• Pozen, Inc. (POZN): things can't get any worse for the Chapel Hill, North Carolina based drug maker for chronic pain as the stock plunged more than half of it's value or 60.88% to new 52 weeks low of $5.52 per share after FDA said it would not approve the colmpany's migraine treatment drug, which the drug company developed with GlaxoSmithKline. The dissappointing news scared away investors as the stock became the worst performer and twelveth heaviest traded on Nasdaq today with 25 million shares exchanged hands.
• Take-Two Interactive Software Inc. (TTWO): the New York based interactive game maker was among the worst stocks of the day again on disappointing second quarter loss of $50.4 million or 71 cents per share, far off the analyst estimate of 11 cents per share. Shares tumbled 17.53% or $2.94 to near 52 weeks low of $13.83 per share, the fourth leading decliner on Nasdaq today with 13.4 million shares traded.

Stocks On The Move - June 8

Stock Rise on Heavy Volumn:

• Novellus Systems Inc. (NVLS): it's really difficult to find a stock rising on high volumn today as the market is again battered by inflation worries and interest rate hike. So the only moving bullish stock, which we limit to as stock rising with volumn over 5 million, is the the San Jose based semiconductor equipment maker Novellus Systems, which rose 7.62% or $1.71 to $24.16 per share on upbeat guidance for the second quarter and for 2006. The semiconductor company got 10.8 million shares today and is the twelveth best performer on Nasdaq today.

Stocks Drop on Heavy Volumn:

• Jos. A Bank Clothiers Inc. (JOSB): unfortunately bears are all over the place today so it is quite easy to find moving bearish stocks with volumn larger than 5 million. The first victim is the Hampstead, Maryland based men's clothing design and retail company Jos. A Bank Clothier which plunged 28.9% or $10.73 to new 52 weeks low of $26.4 per share on weak first quarter earning due to margin cut. The men's clothing retailer is the worst stock on Nasdaq today with record volumn of 11.9 million shares traded, about twenty times average volumn.
• Finisar Corp. (FNSR): the bear market finally reaches the high flying Sunnyvale, CA based fiber optic network component maker Finisar as the network company plummeted 24.83% or $1.11 to $3.36 per share despite posting fourth quarter profit compared to net loss for the same quarter of the previous year. Neverthless the stock still has done well, gaining more than 200% in nine month from around $1 per share last September. Heavy volumn of 69 million shares gets the stock on the seventh of the heaviest traded list on Nasdaq today. In addition the stock is the second leading decliner on Nasdaq.

Stocks On The Move - June 7

Stocks Rise on Heavy Volumn:

• Loopnet Inc. (LOOP): the down market didn't scare the buyers away from the IPO market as shares of online commercial real estate marketplace LoopNet Inc. soared 25% or $3 higher than its offering price at $12 and finished the day at $15 per share. The stock is the best performer on Nasdaq today with 5.4 million shares traded.
• Home Solutions of America Inc. (HOM): bargain hunters saw buying opportunity of the tumbling Dallas, Texas based home remodeling company as the stock fall from $13.2 on May 23 all the way to as low as below 200 day moving average of $4.79 per share yesterday. The heavy buying of 19.8 million shares, fifth heaviest on AMEX, lifted the shares up 16.76% to $7.94 per share followed by analyst upgrading the stock to Strong Buy. Analyst expects the stock to hit $15.5 per share within the next six months.

Stock Drop on Heavy Volumn

• Corning Inc. (GLW): the diversified glass company has always been on the forefront of glass applied technology from light bulb and kitchen ware in the early days to fiber optic and liquid crystal displays in present days. However shares of the Corning, NY based company were believed to be hurt by weakness of LCD panel shipments from AU Optronics, one of the leading LCD manufacturer. As a resutl the stock lost $2.1 or 8.73% to $21.95 per share, off 25% from 52 weeks high of $29.61 two months ago. The glass technology company was the six leading decliner on NYSE today with 29.8 million shares traded, the third heaviest traded on NYSE.

Stocks On The Move - June 6

Stocks Rise on Heavy Volumn:

• Evergreen Solar Inc. (ESLR): despite the market going south again, the Marlboro, MA based solar cell maker surged 15.77% to $13.07 per share after the company signed a long term agreement with a supplier of granular polysilicon. The surge bring the stock back above 200 day moving average, a key level for long term buyers. The stock in May alone has lost all the gains of this year. However today the stock shines again as it is the best stock in turns of percentage gain on Nasdaq with 7.7 million shares traded or about three times average volumn.
• Movie Gallery Inc. (MOVI): if you mentioned to others back in March that you bought shares of the Dothan, AL based troubled movie retal stores around $2 per share, you would probably be laughted at as why you want to buy a company possibility going bankrupt. However the same group of people would probably be pounding there head now as why they miss the chance of pocketing almost 300% return in just 3 months as shares of the movie rental company surged 9.33% or 64 cents to $7.5 per share, gaining 346% from 52 weeks low of $1.68 set on March 9. The surge in the past few trading sessions were fueled by rumors that the company may merge with rival Blockbuster Inc. (BBI). In addition the record volumn in mid May suggest the big buyers were back already. The stock was the eightly leading percentage gainer on Nasdaq with higher than normal volumn of 5.9 million shares traded.

Stocks Drop on Heavy Volumn

• Home Solutions of America Inc. (HOM): the party has seemed to come to an end for the Dallas, Texas based home remodeling company as the 3% revenue hit from the $800,000 loan to a customer scared away the investors by taking the stock down to the basement with a 29.17% plunge to $6.8 per share. However the stock is still one of the best performer for the past 52 weeks as the stock still holds on to a 400% gain since the beginning of last June at $1.37 per share. However since the stock reached 52 weeks of $14.14 in May, it has lost about half of its value. The stock was the worst performer and the fourth heaviest traded on AMEX today with 26 million shares traded.

Stocks On The Move - June 5

Stocks Rise on Heavy Volumn:

• Laserscope (LSCP): shares of San Jose, CA based medical laser systems manufacturer skyrocketted 43.16% or $9.24 to $30.65 per share on buyout from American Medical System for $715 million or $31 per share. The stock was the biggest winner and the twentieth heaviest traded on Nasdaq today with 13 million shares traded, or 33 times average volumn.
• Cutera Inc. (CUTR): shares of Brisbane, CA based medical lasert systems maker soared 33.6% or $6.31 to $25.09 per share on analyst upgrade and bullish comment following the company's patent lawsuit settlement despite taking a $22 million charge in the second quarter. The stock was the second leading gainer on Nasdaq today with 8.2 million shares traded or 37 times average volumn.

Stocks Drop on Heavy Volumn:

• Onyx Pharmaceuticals Inc. (ONXX): shares of Emeryville, CA based biopharmaceutical company developing therapies for kidney cancer plummeted 15.14% or $3 to new 52 weeks low of $16.82 per share after the analyst lowered price target of the biotech firm as the company's drug won't be as demanding as previously thought. The stock was the third leading decliner on Nasdaq today with 13.2 million shares traded or 16 times average volumn.
• Elan Corp. (ELN): shares of Dublin, Ireland based drug maker plunged 12.96% or $2.46 to $16.52 per share on analyst downgrade as the multiple sclerosis drug banned from selling previously would be allowed to be back on market with restrictions. The stock was the biggest loser and the second heaviest traded on NYSE today with 31.6 million shares exchanged hands.

Stocks On The Move - June 2

Stocks Rise on Heavy Volumn:

• Encysive Pharmaceuticals Inc. (ENCY): shares of Bellaire, Texas based biopharmaceutical company soared 34.72% or $1.5 to $5.82 per share after drug regulator in Europe approve the company's blood pressure drug Thelin. The stock was also upgraded by two analysts the same day. This was probably the best single day performance after the stock plunged 49% to new 52 weeks low of $4.60 in March as FDA in US delayed approval of the hypertension drug. The stock was the biggest winner and the fourteenth heaviest traded on Nasdaq today with 20 million shares traded, about six times average volumn.
• Dynamic Materials Corp. (BOOM): shares of Boulder, CO based explorsion-welded clad metal plats for use in building vessels for oil refinery surged 17.94% or $5.06 to $33.27 per share on new analyst coverage and bullish comment. The stock was the eighth leading gainer on Nasdaq today with 5.3 million shares traded or six times average volumn.

Stocks Drop on Heavy Volumn:

• Revlon Inc. (REV): shares of New York, NY based cosmetics product maker plunged 37.17% or $1.13 to new 52 weeks low of $1.91 per share on weak earning outlook for this year due to weaker than expected sales growth. The stock was the biggest loser and seventh heaviest traded on NYSE today with 19 million shares exchanged hands.
• Home Solutions of America Inc. (HOM): shares of Dallas, Texas based rebuilding and remodeling services for commercial and residential properties tumbled 10.92% or $1.19 to $9.71 per share. The stock was the second leading decliner on AMEX today with 7.56 million shares traded.

Stocks On The Move - June 1

Stocks Rise on Heavy Volumn:

• Rambus Inc.(RMBS): shares of leading memory chips maker soared 18.51% or $4.49 to $28.75 per share after reports saying emails from the company's competitor suggest price manipulation. The report could help Rambus on lawsuit against the rival chip makers. The stock was the fifth leading gainer on Nasdaq today with 18.4 million shares exchanged hands, more than three times average volumn.
• CTC Media Inc.(CTCM): investors welcome the debut of the Moscow based television network company by sending its stock up 21.43% or $3 to $17 per share. The stock was the third biggest winner on Nasdaq today with 7.7 million shares traded.

Stock Drop on Heavy Volumn:

• Novell Inc. (NOVL): shares of Waltham, MA based open source software provider plunged 14.62% or $1.13 to $6.6 per share after the company issued negative outlook for the third quarter despite posting second quarter profils. The stock was the second biggest loser and the nineth heaviest traded on NYSE today with 38 million shares traded, or five times of average volumn.
• M Systems Flash Disk Pioneers Ltd. (FLSH): shares of Israel based flash memory maker slumped 13.6% or $4.55 to $28.9 per share on investigation over the company's stock options grants. The stock was the fourth leading decliner on Nasdaq today with 8.9 million shares traded or eight times average volumn.