Stocks On The Move - March 30

Stocks Rise on Heavy Volumn:

• Cell Genesys Inc. (CEGE): shares of South San Francisco, CA based biotechnology company surged 20% to $4.2 per share on positive news from cancer drug maker Dendreon Copr (below). The stock was the fourth leading gainer on Nasdaq today with 19.3 million shares traded.
• Dendreon Corp.(DNDN): after rising 13% yesterday as the Seattle, WA based biotechnology company was seeking its cancer drug approval, buyers rushed in today and pushed the stock up 147.7% to $12.93 per share after FDA panel endorsed the company's prostate cancer vaccine. The stock was the biggest winner and the second heaviest traded on Nasdaq today with 92.58 million shares traded.

Stocks Drop on Heavy Volumn:

• Global Payments Inc. (GPN): shares of Atlanta, Georgia based payment processing and money transfer services provider tumbled 13.05% to $34.06 per share after the company cut its revenue estimates for the year. The stock was the leading decliner on NYSE today with 11.5 million shares traded.

Stocks On the Move - March 29

Stocks Rise on Heavy Volumn:

• Targedted Genetics Corp. (TGEN): shares of Seattle, WA based biotechnology company skyrocketted 66.15% to $4.27 per share after the company swung to fourth-quarter profit as revenue more than doubled. The stock was the biggest winner on Nasdaq today with 21.6 million shares traded.
• Lone Star Technologies Inc.(LSS): shares of Dallas, TX based carbon welded oil country tubular goods maker soared 36.45% to $66.11 per share after U.S. Steel is buying the company for $67.5 per share. The stock was the leading gainer on NYSE today with 11 million shares traded.

Stocks Drop on Heavy Volumn:

• Insituform Technologies Inc. (INSU): shares of underground pipes maintainenance company plunged 22.78% to $20 per share after the company said it is expecting earning decline this year as U.S. spend less on sewer pipeline rehabilitation. The stock was the leading decliner on Nasdaq today with 6.05 million shares traded.
• KMG America Corp. (KMA): shares of life and health insurance provider plummetted 43.83% to $4.87 per share after industry ratings agency downgraded the company's outlook. The stock was the biggest loser on NYSE today with 9.32 million shares exchanged hands.

Stocks On The Move - March 28

Stocks Rise on Heavy Volumn:

• Crystallex International Corp. (KRY): shares of Toronto, Canada based gold mining company jumped 28.85% to $3.93 per share as Jim Cramer is bullish on the stock. The stock was the second leading gainer on AMEX today with 30.7 million shares traded.
• Dendreon Corp.(DNDN): shares of Seattle, WA based biotechnology company gained 13% to $5.22 per share as the company is seeking its cancer drug approval. The stock was the eighth leading gainer and eighth heaviest traded on Nasdaq today with 33.37 million shares traded.

Stocks Drop on Heavy Volumn:

• AngioDynamics Inc. (ANGO): shares of Queensbury, NY based vascular disease diagnostics devices maker plunged 20.71% to $17.92 per share on patent infringement with Diomed Holdings. The stock was the leading decliner on Nasdaq today with 5.3 million shares traded.
• Beazer Homes USA Inc. (BZH): shares of Atlanta, GA based residential home builder tumbled 8.4% to $28.77 per share on FBI investigation for possible fraud. The stock was the biggest loser on NYSE today with 19.6 million shares exchanged hands.

Stocks On The Move - March 26

Stocks Rise on Heavy Volumn:

• Alexza Pharmaceuticals Inc. (ALXA): shares of Palo Alto, CA based drug maker jumped 52.4% to $15.21 per share after the company reported positive test results for its migraine drug. The stock was the winner on Nasdaq on Friday with 9.97 million shares traded.
• Biosite Incorporated (BSTE): shares of San Diego, CA based medical diagnostic company soared 51.32% to $83.8 per share after Beckman Coulter Inc. is buying the company for $1.55 billion or $85 per share. The stock was the second leading gainer on Nasdaq today with 7.23 million share traded.

Stocks Drop on Heavy Volumn:

• CV Therapeutics, Inc. (CVTX): shares of Palo Alto, CA based biotechnology company plunged 21.24% to $6.75 per share after the company reported weak trial results for Ranexa, an angina treatment. The stock was the biggest loser on Nasdaq today on heavy volumn of 14.38 million shares traded.
• Progressive Gaming International Corp. (PGIC): shares of Las Vegas based casino equipment supplier tumbled 14.81% to $4.2 per share due to stock trading irregularities. The stock was the fourth leading decliner on Nasdaq today with 7.37 million shares traded.

Stocks On The Move - March 23

Stocks Rise on Heavy Volumn:

• Paxar Corp. (PXR): shares of barcode lable printer maker jumped almost 19% to new 52 weeks high of $28.55 per share after Avery Dennison Corp. is buying the company for $1.3 billion. The stock was the winner on NYSE on Friday with 5 million shares traded.
• Kronos, Inc.(KRON): shares of employee management software provider surged 14% to new 52 weeks high of $53.11 per share after Hellman & Friedman LLC is taking Kronos private for $1.74 billion or $55 per share. The stock was the nineth leading gainer on Nasdaq today with 6.78 million share traded.

Stocks Drop on Heavy Volumn:

• Vonage Holdings Corporation (VG): shares of New Jersey based voice over IP based telephone service provider plunged 25.93% to $3 per share on injunction against the copmany for using Verizon's patents. The stock end up being the biggest loser on NYSE today on heavy volumn of 9.88 million shares.
• Jabil Circuit Inc. (JBL): shares of St Petersburg, Florida based electronic manufacturing services provider tumbled 10.71% to $22.26 on downgrade after the company warned weakness in earnings for third and fourth quarter. The stock was the third leading decliner on NYSE today with 17.18 million shares traded.

Stocks On The Move - March 22

Stocks Rise on Heavy Volumn:

• Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company soared 24% to $1.91 per share. The stock has been on a comeback since reaching 52 weeks low of $1.19 in mid March. The stock was second leading gainer on NYSE today with 5.66 million shares traded.

Stocks On The Move - March 19

Stocks Rise on Heavy Volumn:

• Acadia Pharmaceuticals Inc. (ACAD): the biggest winner on the stock market today is the San Diego based Parkinson disease drug maker Acadia Pharmaceuticals. The stock went doubled to $13.61 per share on positive result from the Phase II trial of its schizophrenia drug. The stock is now back to almost its 52 previous 52 weeks high back in April of last year.
• TODCO (THE): mergers have been the headlines of the today's market including the acquisition of Houston based oil drilling company Todco by Hercules Offshore. The merger is worth $42.01 per share, about 28% higher than the stock's close on Friday. The stock ended today with 19.71% gaing to $39.24 per share, still $3 away from the merger price but is good enough to be the second leading gainer on NSYE today.

Stocks Drop on Heavy Volumn:

• Atherogenics Inc. (AGIX): the failed late stage clinical trial devastated the Alpharetta based drug maker as investors punished the stock with 60% loss to $3.09 per share, the lowest of the year. The stock end up being the biggest loser on Nasdaq today on heavy volumn of 21 million shares.
• Peoplesupport Inc. (PSPT): shares of Los Angeles based staffing service provider plunged 19.57% to $11.26 lost contract with Vongage. The stock was the third leading decliner on Nasdaq today with 11 million shares traded.

Stocks On The Move - March 17

Stocks Rise on Heavy Volumn:

• Hollis-Eden Pharmaceuticals Inc. (HEPH): shares of San Diego, CA based biotechnology company soared 29.48% to $3.25 per share after the company reported reduced net loss for the fourth-quarter. The stock was the third leading gainer on Nasdaq today with 17.4 million shares traded.
• Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company soared 28.24% to $1.68 per share after New Yrok Community Bankcrop is buying 11 branches from Doral. The stock was biggest winner on NYSE today with 6.79 million shares traded.

Stocks Drop on Heavy Volumn:

• Adams Respiratory Therapeutics Inc. (ARXT): shares of respiratory disordres drug maker plunged 25.09% to $28.22 per share on revenue warning due to lower-thhan-expected orders. The stock was the fourth leading decliner Nasdaq today with 10.92 million shares traded.

Stocks On The Move - March 15

Stocks Rise on Heavy Volumn:

• Accredited Home Lenders Holding Co. (LEND): bargain hunters are all over the subprime mortgage sector as many stocks in this sector are up at least 20%. One of the best perfomer is San Diego based Accredited Home Lenders Holding with shares soaring 56.13% to $9.43 per share, the second straight day that the stock rose more than 50%. Yesterday shares soared 52.14%. the stock has gained as much as 200% since it hit 52 weeks low on Tuesday. The stock was the leading gainer and the second heaviest traded on Nasdaq today with 76 million shares traded.
• Mapinfo Corp. (MAPS): shares of Troy, NY based mapping software maker skyrocketted 51.4% to $20 per share as Pitney Bowes is buying the copmany for $408 million or $20.25 per share. The stock was the second leading gainer on Nasdaq today with 6.77 million shares traded.
• WebEx Communicatiosn Inc. (WEBX): shares of Santa Clara, CA based web collaboration services provider surged 22% to $56.38 per share as Cisco is buying the company for $3.2 billion or or $57 per share. The stock was the fifth leading gainer and the twelveth heaviest traded on Nasdaq today with 21.56 million shares exchanged hands.
• Novastar Financial Inc. (NFI): the Kansas City based subprime mortage lender Novastar Financial has gained over 20% for the second straight day with another 23.21% gain to $5.15 per share. The stock was the second leading gainer on NYSE today with 13.9 million shares traded, twice as much volumn as yesterday.

Stocks On The Move - March 14

Stocks Rise on Heavy Volumn:

• Accredited Home Lenders Holding Co. (LEND): the subprime mortgage sector is finally seeing some light as the sell-off looks like is finally over with many stocks in the sector rising today. One of the huge winner is San Diego based Accredited Home Lenders Holding with shares soaring 52.14% to $6.04 per share. However the stock price is still only 20% of the price early this year. The stock was the third leading gainer and the seventh heaviest traded on Nasdaq today with 40.3 million shares traded.
• Novastar Financial Inc. (NFI): another winner in the hard beaten subprime mortgage sector is Kansas City based Novastar Financial with shares surging 21.87% to $4.18 per share. However it is still very far from the December price of $30 per share which was before the subprime mortgage sector crash. The stock was the fourth leading gainer on NYSE today with 7.38 million shares traded.

Stocks Drop on Heavy Volumn:

• Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company plunged 20.92% to new 52 weeks low of $1.19 per share. The stock has been on a multi year long decline which began in January of 2005 when the stock was tarding around $50 per share. The stock was the biggest loser on NYSE today with 5.98 million shares traded.
• AudioCodes Ltd. (AUDC): shares of Israel based network communication technologies company sank 22% to $7.44 per share after the company cut its first quarter outlook due to slow intake of order. The stock was the third leading decliner on Nasdaq today with 4.29 million shares traded.

Stocks On The Move - March 13

Stocks Rise on Heavy Volumn:

• WCI Communities Inc. (WCI): shares of single family and high rise home builder jumped 14.92% to $21.8 per share as billion dolloar investor Carl Icahn plans to buy the company for $22 per share. 14% gain may not be huge yet on a weak market it's still good enough to earn the stock the top spot among the best performers of the day on NYSE.
• Spirit Finance Corp. (SFC): despite subprime woe which drives the market down, the Arizona based real estate investment trust is actually on the rise, gaining 11.19% to $14.51 per share after Macquarie Bank is buying the company for $1.6 billion or $14.5 per share. The stock was the third leading gainer on NYSE today with 14 million shares traded.

Stocks Drop on Heavy Volumn:

• Accredited Home Lenders Holding Co. (LEND): the subprime mortgage sector has been devastated with New Century Financial, which has been delisted from NYSE today, causing Domino Effect to other company. Another subprime lender taking the hit today is Accredited Home Lenders which after dropping 27.76% yesterday was hit with cash flow warning today and cause the meltdown to the stock. Shares plummetted 65.18% to new 52 weeks low of $3.97 per share and the stock becomes the biggest loser and the seventh heaviest traded on Nasdaq today with 42 million shares exchanged hands.
• Fieldstone Investment Corp. (FICC): another subprime mortgage lender in trouble is Fieldstone Investment Corp. with shares tumbled 20.93% to $2.72 per share as investors doubt that the $5.53 acquisition by C-BASS may not fall thru. The stock was the fourth leading decliner on Nasdaq today with 5.4 million shares traded.

Stocks On The Move - March 12

Stocks Rise on Heavy Volumn:

• La Jolla Pharmaceutical Co. (LJPC): shares of San Diego, CA based biotechnology company soared for the second straight day with another 39.29% jump to $7.7 per share following yesterday's positive results from late stage study of Riquent which treats autoimmune disorder lupus. The stock was still the second best performer on Nasdaq today with 7.07 million shares traded.
• Dollar General Corp. (DG): shares of general merchandise discount retailer surged 25.57% to $21.07 per share after a New York private equity firm is buying the retailer for $7.3 billion or $22 per share. The stock was the biggest winner and the heaviest traded on NSYE today with 67 million shares traded.
• Sierra Health Services Inc. (SIE): shares of Las Vegas based health care plans provider gained 15.79% to $41.57 per share after UnitedHealth agreed to acquire the company for $2.6 billion. The stock was the second leading gainer on NYSE today with 8.55 million shares traded.

Stocks Drop on Heavy Volumn:

• Accredited Home Lenders Holding Co. (LEND): shares of San Diego, CA based subprime mortgage provider plunged 27.76% to $11.4 per share on possible bankruptcy from rival New Century Financial Corp as lenders stopped providing financial support. The stock was the biggest loser on Nasdaq today with 11.49 million shares traded.
• Novastar Financial Inc. (NFI): the Kansas City subprime mortgage provider is another victim of the New Century Financial woe as shares tumbled 19% to $4.24 per share. The stock was the third leading decliner on NYSE today with 6.4 million shares traded.

Stocks On The Move - March 9

Stocks Rise on Heavy Volumn:

• La Jolla Pharmaceutical Co. (LJPC): shares of San Diego, CA based biotechnology company jumped 43% to $5.91 per share on positive results from late stage study of Riquent which treats autoimmune disorder lupus. The stock was the best performer on Nasdaq today with 5.58 million shares traded.
• Jones Soda Co. (JSDA): shares of Seattle, WA based beverage maker soared 22.8% to $17.13 per share after the company reported huge profit boost and also new retailers who would carry its pop beverage. The stock was the third leading gainer on Nasdaq today with 7 million shares traded.
• Big Lots Inc. (BIG): shares of closeout merchandise retailer Seattle, WA based beverage maker surged 16.53% to $28.84 per share on strong fourth-quarter results and bullish first-quarter guidance. The stock was the winner on NYSE today with 12.8 million shares traded.

Stocks Drop on Heavy Volumn:

• PeopleSupport Inc. (PSPT): shares of LOs Angeles, CA based business process outsourcing services provider plummetted 39.28% to $13.65 per share on disappointing fourth-quarter result and weak outlook for the first quarter. The stock was the worst performer on Nasdaq today with 15.24 million shares traded.
• New Century Financial Corp. (NEW): the troubling subprime lender for the week only enjoy two days of sweet ride and has been har hit again for the second straight day with another 17% drop to new 52 weeks low of $3.21 per share after the company in the previous session announced that it has stopped accepting all new loan applications due to difficulties in getting financing. The stock was the leading decliner and the fifth heaviest traded on NYSE today with 34.12 million shares traded.

Stocks On The Move - March 8

Stocks Rise on Heavy Volumn:

• Mamma.com Inc. (MAMA): shares of Montreal, Canada based web search technology company surged 19.33% to $5.37 per share on strong earning report for the fourth quarter as the company swung with profit. The stock was the fifth leading gainer on Nasdaq today with 19.55 million shares exchanged hands, also the fourteen heaviest traded on Nasdaq.

Stocks Drop on Heavy Volumn:

• Hollis-Eden Pharmaceuticals Inc. (HEPH): shares of San Diego, CA based biotechnology company sank 32.24% to 52 weeks low of $2.9 per share on analyst downgrade following rejection of the company's radiation sickness drug. The stock was the biggest loser on Nasdaq today with 6.77 million shares traded.
• New Century Financial Corp. (NEW): after two straight days of recovery shares of subprime lender New Century Financial plunged to new 52 weeks low of $3.87 per share after the company has stopped accepting all new loan applications due to difficulties in getting financing. The stock was the leading decliner and the second heaviest traded on NYSE today with 51.18 million shares traded.

Stocks On The Move - March 7

Stocks Rise on Heavy Volumn:

• Impac Mortage Holdings Inc. (IMH): shares of Newport Beach, CA based mortgage firm bounced back for the second straight day with 18% gain to $5.75 per share. The stock in two days has gained over 40% and is the fifth leading gainer on NYSE today with 7.6 million shares traded.
• Fremont General Corporation (FMT): the Santa Monica, CA based mortgage loan operator is rebound for the straight day by surging 25.81% to $8.53 per share as investors are hoping its subprime unit could be sold. The stock overall has rebounded 44% in just two days. The stock was the biggest winner on NYSE today with 16.7 million shares traded.

Stocks Drop on Heavy Volumn:

• Insmed Inc. (INSM): the litigation settlement with Tercica crush the Glen Allen, VA based metabolic diseases drug maker as the company is laying off a third of the work force. The disaster also spreads to the stock price as shares plummetted 42.58% to 89 cents per share. The stock was the biggest loser and the eighth heaviest traded on Nasdaq today with 30 million shares traded.
• CV Therapeutics Inc. (CVTX): shares of Palo Alto, CA based biopharmaceutical company plunged 23.58% to $9.4 per share on disappointing result from late stage study on its angina drug. The stock was the second leading decliner on Nasdaq today with 22 million shares traded.

Stocks On The Move - March 6

Stocks Rise on Heavy Volumn:

• Impac Mortage Holdings Inc. (IMH): shares of Newport Beach, CA based mortgage firm bounced back 20% to $4.87 per share after a month of heavy sell-off which send the stock from $8 to $4 yesterday, a 50% drop. The stock is the fourth leading gainer on NYSE today with 6.2 million shares traded.
• Fremont General Corporation (FMT): the Santa Monica, CA based mortgage loan operator is also enjoying the rebound from the mortgage company as shares gained 15.11% to $6.78 per share. However since January the stock has lost more than 50%. The stock was the sixth leading gainer on NYSE today with 10.5 million shares traded.

Stocks Drop on Heavy Volumn:

• InterMune Inc. (ITMN): shares of Brisbane, California based biotechnology company plunged 21.03% to $22.15 per share after the company halts trials for lung treatment drug. The stock was the biggest loser on Nasdaq today with 7.42 million shares traded.

Stocks On The Move - March 5

Stocks Rise on Heavy Volumn:

• Aeroflex Inc. (ARXX): shares of Plainview, NY based motion control systems for aerospace and defense applications surged 18.62% to $13.06 per share after the company was bought by private equipty funds for $1 billion or $13.5 per share. The stock was the second biggest winner on Nasdaq today with 11.14 million shares traded.
• Pathmark Stores Inc. (PTMK): shares of New Jersey based supermarket chains operator rose 10.76% to $12.46 per share after rival A&P is buying the company for $679 million or about $13 per share. The stock was the eighth leading gainer on Nasdaq today with 7.28 million shares traded.

Stock Drop on Heavy Volumn

• New Century Financial Corp. (NEW): shares of Irvine, CA based real estate investment trust company plummetted almost 70% to new 52 weeks low of $4.56 per share after the company said that a criminal probe was underway into trading of its securities. The stock was the biggest loser and the heaviest traded on NYSE today with 59.7 million shares traded.
• Novastar Financial Inc. (NFI): shares of Kansas City mortgage continue the slide which began at the beginnig of this year with another 40% plunge to another record low of $4.28 per share on weakness in subprime lender as well as analyst downgrade from Hold to Sell. The stock was the fifth leading decliner on NYSE today with 14.75 million shares traded.

Stocks On The Move - March 2

Stocks Rise on Heavy Volumn:

• Dendrite International Inc. (DRTE): shares of Bedminster, NJ based pharmaceutical software maker surged 21.42% to $15.53 per share after the Cegedim is buying the company for $751 million or $16 per share. The stock was the second biggest winner on Nasdaq today with 17.36 million shares traded.
• Insmed Inc. (INSM): shares of Glen Allen, VA based drug maker for metabolic diseases surged 13.87% to $1.56 per share despite no major news announcement. The stock last week has been very active as the trading price range from $1.2 to as high as $1.6. The stock was the fourth leading gainer on Nasdaq today with 7.34 million shares traded.
• Immersion Corp. (IMMR): shares of San Jose, CA based simulation systems maker jumped 17.29% to $8.48 per share after the company settle patent litigation with Sony Corp. The stock was the third leading gianer on Nasdaq today with 9.72 million shares traded.

Stocks On The Move - March 1

Stocks Rise on Heavy Volumn

• STATS ChipPAC Ltd. (STTS): shares of Singapore based semiconductor testing company soared 22.75% to $11.87 per share as investment firm Temasek Holding is bidding the company for $2.43 billion or $11.46 per share. The stock was the fifth leading gainer on Nasdaq today with 6.66 million shares traded.
• Hyperion Solutions Corp. (HYSL): shares of Santa Clara, CA based business performance management software maker surged 20.38% to $51.57 per share after Oralce is buying the company for $3.3 billion or $52 per share. The stock was the seventh leading gainer on Nasdaq today with 24.2 million shares traded.

Stock Drop on Heavy Volumn

• Constellation Brands Inc. (STZ): shares of Fairport, NY, based alcohol beverage producer sank 14.49% to $20.06 per share on profit and revenue warning for 2008. The stock was the second leading decliner on NYSE today with 13.5 million shares traded.
• Laboratory Corp. of America Holdings (LH): shares of Burlington, North Carolina based testing services provider for medical industry tumbled 11.94% to $70.17 per share after the company lost major contract with health insurer Aetna. The stock was the fourth leading decliner on NYSE today with 9.5 million shares traded.