Stocks On The Move - October 19, 2007

Stocks Up on Heavy Volumn:

• CyberSource Corp. (CYBS): weak outlook and worries sank the entire market today with every major indices losing at least 2.5%. However there is rare winner such as Mountain View, CA based CyberSource which provides merchants with online credit card payment solutions. Shares surged 18.35% to $14.9 per share as Needham analyst upgraded the stock to Buy as the company's outlook is healthy and third quarter results were strong. The stock was the third leading gainer on Nasdaq on Friday with 4.67 million shares traded.
• Standard Pacific Corp. (SPF): the hard hit home builders are attracting bargain hunters as various of home builder stocks actually went up today. The biggest gainer is Irvine, CA based Standard Pacific Corp. gaining 7.8% to $4.42 per share with heavy volumn of 9.3 million shares traded. However for the year the stock has lost more than 80% of its value.

Stocks Down on Heavy Volumn:

• Angiotech Pharmaceuticals Inc. (ANPI): reporting weak outlook on a weak market probably was why the Vancouver, Canada based pharmaceutical company lost 33.86% of its stock value and ended at new 52 weeks low at $4.98 per share. The stock was the worst stock on Nasdaq on Friday with heavy volumn of 7 million shares traded.
• SanDisk Corp. (SNDK): sharp drop of third quarter profit sank shares of the flash memory driver maker to six month low of $42.71. The stock was the ninthly leading decliner with 45 million shares traded.