Stocks On The Move - December 29

Stocks Rise on Heavy Volumn:

• Forgent Networks Inc. (FORG): shares of Austin, Texas based scheduling software maker surged 15.33% to $1.58 per share although no news is announced. Within the month of December the stock has trippled from 50 cents per share. The stock was the eighth leading gainer on Nasdaq today with 7.26 million shares traded.
• Oscient Pharmaceuticals Corp. (OSCI): shares of Waltham, MA based biopharmaceutical company soared 20.48% to $5.06 per share on licensing for its Factive drug. This could marks the beginning of the turn around for the stock which lost 75% of its value this year. The stock was the fourth leading gainer on Nasdaq today with 4.52 million shares traded.

Stocks Drop on Heavy Volumn:

• Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company sank to 52 weeks low of $2.87 per share after the company reported third quarter loss of $28.7 million. The stock was the second leading decliner on NSYE today with 4.6 million shares traded.
• Mamma.com Inc. (MAMA): profit taking continues for shares of the Montreal, Canada based web search technology company as the stock dropped 9.61% today to $4.89 per share. Earlier this month on the 21st the stock soared to as high as $8.6 per share. The stock was the seventh leading decliner on Nasdaq today with 5.5 million shares traded.

Stocks On The Move - December 28

Stocks Rise on Heavy Volumn:

• Threshold Pharmaceuticals Inc. (THLD): shares of Redwood City, California based Cancer drug maker soared 28.44% to $4.11 per share on positive clinical trial data of its cancer drug. The stock was teh fifth leading gainer on Nasdaq today with 6.66 million shares traded.
• AsianInfo Holdings Inc. (ASIA): shares of Beijing, China based telecom software company surged 19% to $7.83 per share after the company recently signed contracts to upgrade business support systems of China Telecom. The stock was the eighth leading gainer on Nasdaq today with 5.7 million shares traded.

Stocks Drop on Heavy Volumn:

• Encysive Pharmaceuticals Inc. (ENCY): shares of Houston, Texas based biotechnology company plunged 23.64% to $4.49 per share as FDA extends review of the company's hypertension drug Thelin. The stock was the second biggest loser on Nasdaq today with 14.76 million shares traded.

Stocks On The Move - December 27

Stocks Rise on Heavy Volumn:

• Infosonics Corp. (IFON): shares of San Diego, CA based wireless handsets distributor soared 43.67% to $5.56 per share on distribution deal for Korean's LG Electronics. The stock was the second leading gainer on Nasdaq today with 11.29 million shares traded.
• Sento Corp. (SNTO): the Salt Lake City, Utah based call center services provider is the biggest winner on the stock market today with stock jumping up 68.7% to $3.24 per share before the announcement of the second quarter result. However the aftermarket is a totatlly different story as the disappointing second quarter loss send the shares down 18% to $2.65 per share, erasing a third of the gain today. The stock may end up being one of the top decliner tomorrow.

Stocks Drop on Heavy Volumn:

• ZI Corp. (ZICA): the rally of Calgary, Canada based software maker last for two days as profit taking today send the stock down 13.67% to $2.21 per share with ten times average volumn of 3.37 million shares traded. The stock was the fourth leading decliner on Nasdaq.
• Telik Inc. (TELK): the weakness continues for the Palo Alto, CA based biopharmaceutical company as shares dropped another 7.55% to $4.41 per share. In the previous session shares plunged 70% on disappointing late-stage clinical results of its cancer treatment drug. The stock was the seventh heaviest traded on Nasdaq today with 20.42 million shares traded.

Stocks On The Move - December 26

Stocks Rise on Heavy Volumn:

• ZI Corp. (ZICA): shares of Calgary, Canada based software maker jumped 45.45% to $2.56 per share after the company launches mobile search engine to T-Mobile phones. The stock was the leading gainer on Nasdaq today with 7.24 million shares traded.
• Telkonet Inc. (TKO): shares of Germantown, Maryland based electrical line based networking solution provider surged 17.89% to $2.9 per share after Department of Homeland Security's Transportation Security Administration has completed evaluation of the company's networking platform. The stock was the second leading gainer on Nasdaq today with 4 million shares traded.

Stocks Drop on Heavy Volumn:

• Telik Inc. (TELK): shares of Palo Alto, CA based biopharmaceutical company plunged 70% to new multi-year low of $4.77 per share on disappointing late-stage clinical results of its cancer treatment drug. The stock was the leading decliner and the third heaviest traded on Nasdaq today with 33.55 million shares traded.
• Mamma.com Inc. (MAMA): shares of the Montreal, Canada based web search technology company are on second day of profit taking with another 8.87% drop to $5.55 per share. The stock was still trading in above average volumn with 10.5 million shares traded.

Stocks On The Move - December 22

Stocks Rise on Heavy Volumn:

• Pinnacle Airlines Corp. (PNCL): shares of Memphis, Tennessee based regional airline company soared 56.54% to 52 weeks high of $16.75 per share after the company extend the deal with Northwest Airlines. The stock was the leading gainer on the stock market today with 5.43 million shares traded.
• SciClone Pharmaceuticals Inc. (SCLN): shares of San Mateo, California based drug maker surged 38.59% to $3.13 per share after the early results from a mid-stage clinical trial showed positive result. The stock was the second leading gainer on Nasdaq today with 10.29 million shares traded.
• InterMune Inc. (ITMN): shares of Brisbane, California based biotechnology company jumped 29.03% to $28.4 per share after a Japanese company reported positive results from a Phase III trial of drug pirfenidone which the company also develops. The stock was the fourth leading gainer on Nasdaq today with 5.7 million shares traded.

Stocks Drop on Heavy Volumn:

• Mamma.com Inc. (MAMA): after rising for five straight sessions shares of the Montreal, Canada based web search technology company tumbled 23.4% to $6.09 per share on profit taking. The stock was the leading decliner on Nasdaq today with 17.76 million shares traded.
• Escala Group Inc. (ESCL): after rising as much as 200% within a week of trading, share of New York based collectable trading company plunged 20.54% to $7.93 per share on profit taking. The stock was the second leading decliner on Nasdaq today with 6.1 million shares traded.

Stocks On The Move - December 21

Stocks Rise on Heavy Volumn:

• Onstream Media Corp. (ONSM): shares of Pompano Beach, Florida on-demand media communication company skyrocketted 48.58% to $3.15 per share after the comapny announced new platform with on-demand video capabilities a day ago. The stock was the second leading gainer on the stock market today with 22.56 million shares traded.
• Horizon Health Corp. (HORC): shares of Lewisville, Texas based health care services provider surged 20.02% to $19.36 per share after the company agreed to be bought by Psychiatric Solutiosn for $426 million. The stock was the sixth leading gainer on Nasdaq today with 6.48 million shares traded.

Stocks Drop on Heavy Volumn:

• SIGA Technologies Inc. (SIGA): after rising 82.15% yesterday on positive news from the company's smallpox drug. However profit taking sink the stock down 22.29% to $3.85 per share today and make the stock the second biggest loser on Nasdaq with heavy volumn of 11.68 million shares traded.
• Northfield Laboratories Inc. (NFLD): shares of Evanston, Illinois based biotechnology company dropped for the fifth straight session with another 15% loss to new 52 weeks low of $4.12 per share on disappointing result of the Phase II trial of the oxygen-carrying red blood cell substitute. The stock was the seventh leading decliner on Nasdaq today with 6.7 million shares traded.

Stocks On The Move - December 20

Stocks Rise on Heavy Volumn:

• SIGA Technologies Inc. (SIGA): shares of New York based biological warfare technology company skyrocketted 82.15% to $4.95 per share after the company's drug received orphan drug status from FDA. The stock was the winner on the stock market today with 16.93 million shares traded.
• Escala Group Inc. (ESCL): the share of collectable trading company soared for the second straight day by rising 22.44% to $10.53 per share continuing the rally yesterday after the company announced it will restate its finalcial results for three fiscal years and part of a fourth. The stock was the fourth leading gainer on Nasdaq today with heavier volumn than yesterday of 29 million shares traded, making it the nineth heaviest traded on Nasdaq.
• Mamma.com Inc. (MAMA): the Montreal, Canada based web search technology company has been one of the hottest stocks recently as it is on the fourth straight day of rally. Shares today soared 33.39% to $7.31 per share on its online video search technology. In this month alone, the stock has gained 250% from $2.13 per share in early December. The stock was the second leading gainer and the tenth heaviest traded on Nasdaq today with 29.12 million shares traded.
• Digitas Inc. (DTAS): shares of Boston, MA based marketing service company soared 22.14% to $13.35 per share after Publicis Group is buying the company for $1.3 billion or $13.5 per share. The stock was the sixth leading gainer on the stock market today with 21.4 million shares traded.

Stocks Drop on Heavy Volumn:

• Northfield Laboratories Inc. (NFLD): shares of Evanston, Illinois based biotechnology company plunged for the fourth straight session by dipping 57.53% to $4.85 per share after the result of the Phase II trial of the oxygen-carrying red blood cell substitute came negative. The stock was the biggest loser on the stock market today with 16 million shares traded.
• Panacos Pharmaceuticals Inc. (PANC): shares of Watertown, MA based biotechnology company plunged 30.76% to $3.94 per share on disappointing Phase II clinical results for its HIV drug. The stock was the third leading decliner on Nasdaq today with 13.75 million shares exchanged hands.

Stocks On The Move - December 19

Stocks Rise on Heavy Volumn:

• Escala Group Inc. (ESCL): the hard hit global collectables trading company is back alive today with share almost doubled to $8.6 per share, gaining 91% in just a day after the company announced it will restate its finalcial results for three fiscal years and part of a fourth. The New York based collectables company used to be a $30 company in May. However the stamp investment fraud from its shareholder in May send the stock diving to as low as $4 per share. The stock was the biggest winner on Nasdaq today with 19 million shares trade, making it the twelveth heaviest traded on Nasdaq.
• Syntroleum Corp.(SYNM): shares of Tulsa, OK based energy technology company surged 45.91% per share on developing new gas-to-liquid facility with Kuwaiti oil company in New Guinea. This marks the first major rally of the year as the stock has been on the slide since January. The stock was the second leading gainer on Nasdaq today with record volum of 9 million shares.

Stocks Drop on Heavy Volumn:

• Northfield Laboratories Inc. (NFLD): shares of Evanston, Illinois based biotechnology company plunged 20.25% to $11.42 per share as the company is annoucing the result of the Phase II trial of the oxygen-carrying red blood cell substitute after the market close. Unfortunately the poor result send the stock down another 50% in after hours to new 52 weeks low of $5.65 per share. The stock was the third biggest loser on Nasdaq today and can end up with the biggest loser tomorrow with 6.16 million shares traded.
• Circuit City Stores Inc. (CC): shares of leading electronic retailer chain tumbled 16.48% to new 52 weeks low of $19.01 per share after the company swung to net loss in the third quarter on eroding margine due to discounts on flat-panel tv and computer hardware and software. The stock was the leading decliner and the third heaviest traded on NYSE today with 45 million shares exchanged hands.

Stocks On The Move - December 18

Stocks Rise on Heavy Volumn:

• Forgent Networks Inc. (FORG): shares of Austin, Texas based intellectual property licensing company jumped 37.27% to $1.51 per share although no news is announced. This continued the rally which began in early December as the company reported jump in both income and revenue. Since then stock stock has rose almsot 200%. The stock was the leading gainer on Nasdaq today with 8.3 million shares traded.
• Realogy Corporation (H): shares of Parsippany, NJ based real estate and relocation services provider soared 19.22% to $30 to per share after the company is bought by Apollo for $6.65 billion. The stock was the leading gainer and the twelveth heaviest traded on NYSE today with 25.17 million shares traded.
• Mamma.com Inc. (MAMA): shares of Montreal, Canada based web search technology company surged 15.77% to $5.14 per share. For the past two months the stock has gained 400%. The stock was the seventh leading gainer on Nasdaq today with 30.43 million shares traded, also the eighth heaviest traded on Nasdaq.
• Caremark Rx Inc. (CMX): shares of Nashville, Tennessee based pharmaceutical services company rose 10.5% to $55.58 per share after Express Scripts is bidding the company for $26 billion. The stock was the fifth leading gainer on NYSE today with 35.92 million shares traded, the seventh heaviest traded on Nasdaq.

Stocks On The Move - December 15

Stocks Rise on Heavy Volumn:

• Immunicon Corp. (IMMC): shares of Huntingdon Valley, PA based cancer technology company jumped steel processing company surged 11.04% to $20.32 per share 30.19% to $3.45 per share after FDA approves a breast cancer test kit of the company. The stock was the fourth leading gainer on NYSE today with 5.1 million shares traded.
• Quiksilver Inc. (ZQK): shares of Huntington Beach, CA based outdoor apparel and accessories maker rose 8.175 to 52 weeks high of $15.77 per share after the company reported fourth quarter earning which went doubled. The stock was the fifth leading gainer on NYSE today with 6.31 million shares traded.

Stocks Drop on Heavy Volumn:

• Walter Industries Inc. (WLT): shares of Tampa, Florida based natural resource and homebuilding company plunged 45.91% to new 52 weeks low of $26.5 per share on spin-off of Mueller Water Products Inc. The stock was the leading decliner on NYSE of the day with 4.2 million shares traded.
• ProQuest Company (PQE): shares of Ann Arbor, Michigan based publisher for education related products tumbled 26.85% to new 52 weeks of $10 per share after the company lowered its earnings guidance for 2006. The stock was the second leading decliner on NYSE today with 4.2 million shares exchanged hands.

Stocks On The Move - December 14

Stocks Rise on Heavy Volumn:

• Worthington Industires, Inc (WOR): shares of Columbus, Ohio based steel processing company surged 11.04% to $20.32 per share on speculation that the company may be a buyout target. The stock was the third leading gainer on NYSE today with 5.62 million shares traded.
• Advanced Micro Devices Inc. (AMD): shares of the world's second leading CPU maker soared 12.59% to $22.71 per share as company expects cost savings from acquisition of ATI Technologies. As the stock is still near the 52 weeks low, this is probabaly a good time to start buying. The stock was the biggest gainer and the second heaviest traded on NYSE today with 76 million shares traded.

Stocks Drop on Heavy Volumn:

• Xenonics Holdings Inc. (XNN): shares of Carlsbad, CA based illumination products maker plunged 21.08% to $2.77 per share despite the company reported net income for the fourth quarter. The profit taking continues after the stock hit 52 weeks high of $4 last week. The stock was the leading decliner on AMEX of the day with 4.67 million shares traded.
• SiRF Technology Holdings Inc. (SIRF): shares of San Jose, CA based global positioning system(GPS) chips maker tumbled 11.46% to $26.2 per share on speculation that the company may have lost business of key customer to competitor. The stock was the seventh leading decliner on Nasdaq today with 9.49 million shares exchanged hands.

Stocks On The Move - December 13

Stocks Rise on Heavy Volumn:

• Progen Industries Ltd. (PGLA): shares of Australia based biotechnology company skyrocketted 119.66% to $6.48 per share on positive result of clinical trial of liver cancer treatment. The stock was the leading gainer on Nasdaq today with 7.39 million shares traded.
• Tenaris SA (TS): shares of Luxembourg based oil pipe maker rose 8.61% to $50.19 per share on rumors. The stock is in a strong bull market with 50 day moving average rising and was the third leading gainer on NYSE today with 6.99 million shares traded.

Stocks Drop on Heavy Volumn:

• Biomira Inc. (BIOM): shares of Edmonton, Canada based therapeutic products maker for cancer plunged 20% to $1.24 per share as the company plans to offer 9.63 million units for $1.35 each. The stock was the fifth leading decliner on Nasdaq today with 6.9 million shares traded.
• Cooper Companies Inc.(COO): shares of Pleasanton, CA based healthcare product maker tumbled 9.77% to $44.59 per share as the company cuts sales and profit forecasts for 2007. The stock is the leading decliner on NYSE today with 8.6 million shares traded.

Stocks On The Move - December 12

Stocks Rise on Heavy Volumn:

• EPIX Pharmaceuticals Inc. (EPIX): shares of the Cambridge, MA based biotech company soared 30.25% to $7.19 per share after the copmany signed a broad drug-development deal worth $1 billion with GlaxoSmithKline. The stock was the fourth leading gainer on Nasdaq today with 6.85 million shares traded.
• Mamma.com Inc. (MAMA): shares of Montreal, Canada based web search technology company skyrocketted 80.59% to $4.28 per share after the company launched video search to its site. The stock was the biggest winnder of the stock market today with 29.75 million shares exchanged hands, also the eleventh heaviest traded on Nasdaq.

Stocks Drop on Heavy Volumn:

• Celestica Inc. (CLS): shares of Toronto, Canada based electronic manufacturing service provider tumbled 12.17% to $8.23 per share after the company cuts fourth quarter profit guiance due to falling demand. The stock was the second leading decliner on NYSE today with 5.56 million shares traded.
• Allegheny Technologies Inc.(ATI): shares of Pittsburgh, PA based specialty metals company dropped 8.90% to $89.77 per share as the steel sector is on broad retreat after leader Nucor issued fourth-quarter warning. The stock is the fourth leading decliner on NYSE today with 7.3 million shares traded.

Stocks On The Move - December 11

Stocks Rise on Heavy Volumn:

• Hayes Lemmerz International Inc. (HAYZ): shares of Northville, Michigan based aluminum and stell wheels manufactuere soared 40.56% to $3.5 per share despite third quarter loss on more positive full year guidance. The stock was the best performer on Nasdaq today with 2.16 million shares traded.
• Continental Airlines Inc. (CAL): shares of the nation's fifth-largest airline company rose 8.19% to $45.42 per share as analyst raised earning estimates for the airline company. The stock was the fourth leading gainer on NYSE today with 9.42 million shares traded.

Stocks Drop on Heavy Volumn:

• Nuvelo Inc. (NUVO): the Sunnyvale, CA based biopharmaceutical company is the spotlight of the stock market stock as shares lost 80% to a miserable $4.05 per share, reaching a multi year low on failures of two clinical trials. For most of the year the stock has been traind in the range between $15 to $20 per share. The stock was the biggest loser and the second heaviest traded on Nasdaq today with 90 million shares traded.
• Neopharm Inc.(NEOL): shares of Lake Forest, IL based cancer drug maker plunged 67.86% to new multi-year low of $2.16 per share as the company's clinical trial failed to deliver as planned. The stock was the second leading decliner behind NUVO with 21.27 million shares traded also the eleventh heaviest traded on Nasdaq.

Stocks On The Move - December 8

Stocks Rise on Heavy Volumn:

• Heelys Inc. (HLYS): shares of children's sneakers maker jumped 55.24% to $32.6 per share on first day of trading. The stock was the leading gainer on the stock market today with 11.17 million shares traded.
• Credence Systems Corp. (CMOS): shares of Milpitas, CA based semiconductor testing equipment maker soared 25.57% to $4.96 per share on narrower fourth-quarter loss. The stock has been on the recovery since reaching 52 weeks low of $1.8 per share back in mid August and has gained almost 2005 since. The stock was the fifth leading gainer on Nasdaq today with 16.52 million shares traded.

Stocks On The Move - December 7

Stocks Rise on Heavy Volumn:

• Vanda Pharmaceuticals Inc. (VNDA): shares of Rockville, Maryland based biotechnology company skyrocketted 68.71% to new 52 weeks high of $26.15 per share after positive late stage trial of company's schizophrenia drug. The stock was the leading gainer on Nasdaq today with 10.98 million shares traded.
• Titan Pharmaceuticals Inc.(TTP): shares of South San Francisco, CA based developer of therapeutics for treatment of central nervous system disorders jumped 54.01% to $3.65 per share after the phase III clinical trial of iloperidone, a antipsychotic show positive result. The stock was the leading gainer on AMEX today with 7.37 million shares traded.

Stocks Drop on Heavy Volumn:

• Cree Inc. (CREE): shares of Durham, NC based LED maker tumbled 12.88% to $18.39 per share on lower second quarter guidance. The stock was the seventh leading decliner on Nasdaq today with 8.39 million shares traded.
• Insmed Inc. (INSM): shares of the Glen Allen, VA based drug maker for metabolic diseases kept sliding with another 12.06% drop to $1.15 per share due to yesterday's lost battle in the court to Tercica and Genentech over a patent infringement case. Two weeks ago the stock was still trading close to $2 per share. The stock was the eighth worst stock on Nasdaq today with 12.06 million shares traded.

Stocks On The Move - December 6

Stocks Rise on Heavy Volumn:

• GoAmerica Inc. (GOAM): shares of Hackensack, NJ based wireless communication services provider soared 37.57% to new 52 weeks high of $7.8 per share after the company launch new service which allows deaf users to make web calls. With 50 day moving average now above 200 day moving average the stock should continue to go up strong. The stock was the second best performer on Nasdaq today with 5.64 million shares traded.
• Halozyme Therapeutics Inc. (HTI): shares of San Diego, CA based biopharmaceutical company skyrocketted 59.64% to new 52 weeks high of $4.55 per share after the company signed deal with Roche worth $581 million. The stock was the best performer of the stock market today with 6.83 million shares traded.

Stocks Drop on Heavy Volumn:

• Insmed Inc. (INSM): shares of Glen Allen, VA based drug maker for metabolic diseases plunged 17.61% to $1.31 per share and lost another 8.4% to $1.2 per share in after hour after the company lost battle in the court to Tercica and Genentech over a patent infringement case. The stock was the worst stock on Nasdaq today with 8.46 million shares traded.

Stocks On The Move - December 5

Stocks Rise on Heavy Volumn:

• Ivanhoe Mines Ltd. (IVN): shares of Vancouver, Canada based copper and gold mining company for property in Mongolia surged 16.58% to $11.18 per share as Rio Tinto(RTP), which holds huge stack of the company, appointed new CEO. The stock was the second leading gainer on NYSE today with 4.49 million shares traded.

Stocks Drop on Heavy Volumn:

• Forbes Medi Tech Inc. (FMTI): shares of Vancouver, Canada based biotechnology company plunged for the second straight day with another 20.79% loss to new 52 weeks low of 80 cents per share. Yesterday shares plunged 57.38% as the mid-stage clinical trial of a drug fell short of the company's goal. FMTI was the worst stock of the day for second day in the row with 6.49 million shares exchagned hands.
• DRDGOLD Ltd. (DROOY): shares of South Africa based gold mining company tumbled 11.93% to new 52 weeks low of 96 cents per share. The stock was the sixth worst on Nasdaq todya with 9.24 million shares exchagned hands.

Stocks On The Move - December 4

Stocks Rise on Heavy Volumn:

• Kyphon Inc. (KYPH): shares of Sunnyvale, CA based medical device maker soared 30.07% to $43.6 per share as the company is buying St. Francis Medical Technologies Inc. for $525 million. The stock is now back around 52 weeks high and was the second best performer on Nasdaq today with 9.17 million shares traded.
• Station Casinos Inc. (STN): shares of Las Vegas, Nevada based casino hotel operator surged 22.87% to 52 weeks high of $84.9 per share after the company received a $4.7 billion buyout offer from its founding family and Colony Capital LLC. The stock was the leading gainer on NYSE today with 9.12 million shares traded.

Stocks Drop on Heavy Volumn:

• Forbes Medi Tech Inc. (FMTI): shares of Vancouver, Canada based biotechnology company for treatment of high cholesterol plunged 57.38% to new 52 weeks low of $1.01 per share as the mid-stage clinical trial of a drug fell short of the company's goal. FMTI was the worst stock of the day with 8.9 million shares exchagned hands.
• LSI Logic Corp (LSI): shares of Milpitas, CA based semiconductor company tumbled 13.64% to $9.12 per share as the company is buying Agere System for $4.0 billion. The stock was the leading gainer and the second heaviest traded on NYSE today with 52.68 million shares traded.

Stocks On The Move - December 1

Stocks Rise on Heavy Volumn:

• En Pointe Technologies Inc. (ENPT): shares of El Segundo, CA based information technology company skyrocketted 101.52% to $5.32 per share as the company reported strong fourth quarter profit as it swung to a profit. The stock was the biggest winner on Nasdaq today with 15.56 million shares traded.

Stocks Drop on Heavy Volumn:

• OmniVision Technologies Inc. (OVTI): the Sunnyvale, California based image sensor chips maker plunged 16.39% to new 52 weeks low of $13.62 per share as the second quarter earnings fall sharply due to high expenses and margins. The stock was the third leading decliner on Nasdaq today with 23.7 million shares traded.
• Finisar Corp. (FNSR): shares of Finisar, the Sunnyvale, CA based fiber optic network component maker to tumbled 11.23% to $3.4 per share on very heavy trading as the company is restating past earnings to correct stock options measurement dates. The stock was the seventh leading decliner and the fourth heaviest traded on Nasdaq today with 48.57 million shares traded.