Stocks On The Move - September 18

Stocks Rise on Heavy Volumn:

• Generex Biotechnology Corp. (GNBT): shares of Toronto, Canada based bird flu vaccine maker soared 20.42% to $1.71 per share after the company announced distribution of its new Glucose product. The technical chart shows rally is probably coming as K line is on top of D line. The stock was the top performer on Nasdaq today with 7.24 million shares traded.
• Symbol Technologies Inc. (SBL): shares of Holtsville, NY based bar code scanner maker surged 15.42% to $14.67 per share on possible acquisition by Motorola. The stock is about to be back to bull market rally with MACd above 0 and K line on top of D line. The stock was the leading gainer on NYSE today with 13.42 million shares exchanged hands, about six times of average volumn.

Stocks Drop on Heavy Volumn:

• First Data Corp. (FDC): shares of Greenwood Village, Colorado based electronic payment service provider tumbled 7.61% to $41.25 per share after the company issued a disappointing forecast for its Western Union business. The stock has been rising since mid August as K line has crose on top over D line. However today's drop probably will bring the stock back to weak market as K line is now below D line. The stock was the third leading decliner and the third heaviest traded on NYSE today with 32.98 million shares traded, about 8 times average volumn.
• Gevity HR Inc. (GVHR): shares of Bradenton based staffing service company plunged 13.66% to $20.92 per share after the company lowered its guidance for the year. The stock is now very weak with K line below D line and MACD below 0. The stock was the fourth leading decliner on Nasdaq today with 3.16 million shares traded.