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.

Stocks On The Move - November 30

Stocks Rise on Heavy Volumn:

• Durect Corp. (DRRX): shares of the Cupertino, CA based pharmaceutical company soared 23.16% to $4.68 per share on new development deal worth up to $202 million with Danish drugmaker Nycomed. The stock was the biggest winner on Nasdaq today with 8.96 million shares traded or twenty times average volumn.
• Xenonics Holdings Inc. (XNN): shares of Carlsbad, CA based illumination products maker skyrocketted 149.23% to $3.24 per share as the company is expecting increase in fourth quarter revenue. The stock was the best performer of the day with 9.6 million shares traded.

Stocks Drop on Heavy Volumn:

• Select Comfort Corporation (SCSS): the Minneapolis, MN based firmness beds maker plunged 17.68% to $17.28 per share as the same-store sales during the first eight weeks of the fuorth quarter tumbled 9% compared to last year. The stock was the biggest loser on Nasdaq today with 11.03 million shares traded.
• TiVo Inc.(TIVO): shares of Alviso, CA based digital video recorders(DVRs) maker tumbled 9.54% to $5.69 per share after the company issued a weaker-than-expected revenue outlook for the fourth quarter due to increasing competition. The stock was the twelveth leading decliner on Nasdaq with 6.05 million shares traded.

Stocks On The Move - November 29

Stocks Rise on Heavy Volumn:

• Dynavax Technologies Corp. (DVAX): shares of the Berkeley, CA based allergy drug maker soared 32.3 to $9.79 per share with heavy volumn as the company's hepatitis B vaccine shows positive late-stage trial data. The stock was the third leading gainer on Nasdaq today with 19.6 million shares traded or ten times average volumn.
• Mobile Telesystems OJSC (MBT): shares of Moscow, Russia based wireless telecommunications services provider surged 8.44% to new 52 weeks high of $47.4 per share as the company's third quater profit reached 486.3 million topping analysts estimate of $388 million. The stock was the third biggest winner on NYSE today with 5.26 million shares traded.

Stocks Drop on Heavy Volumn:

• 3Com Corporation (COMS): the Marlborough, Massachusetts based network equipment maker saw its stock sinking 10.47% to $4.02 per share after the company bought 49% stake of Chinese network company Huawei. The stock was the fifth leading decliner and also the fifth heaviest traded on Nasdaq today with 61.8 million shares traded.
• Dollar General Corp. (DG): shares of Goodlettsville, TN based discount retailer lost 6.04% to $15.7 per share after the company announced closing of 400 stores. The stock was the second leading decliner on NYSE today with 14 million shares exchanged hands.

Stocks On The Move - November 28

Stocks Rise on Heavy Volumn:

• Servicemaster Co. (SVM): shares of yard care and house maintenance services provider surged 10.5% to $13.15 per share as the company was considering putting itself up for sale. The stock was the best performer on NYSE today with 5.87 million shares traded.
• Consulier Engineering Inc. (CSLR): shares of Florida based household and tool products maker skyrocketted 212.86% to $10.44 per share although no news was announced. The stock was the leading gainer on Nasdaq today with 2.5 million shares traded.

Stock Drop on Heavy Volumn:

• Conolog Corp. (CNLG): after soaring almost 300% yesterday on no news, the electronic components design company fall back 34.48% to $3.25 per share on profit taking. The company still has no explaination of the high flying move on Monday. The stock was the leading decliner on Nasdaq today with 2 million shares traded.
• Frontline Ltd. (FRO): shares of Bermuda based oil tankers company dropped 6.27% to $35.01 per share as the company expects weaker rate for oil carriers in the fourth quarter. The stock was the fifth leading decliner on NYSE today with 5.22 million shares traded.

Stocks On The Move - November 27

Stocks Rise on Heavy Volumn:

• Conolog Corp. (CNLG): shares of Somerville, NJ based electronic components design company skyrocketted 278.63% to $4.96 per share although no news was announced. The stock was the biggest gainer on Nasdaq today with 6.1 million shares traded.
• Targed Genetics Corp. (TGEN): shares of Seattle, WA based biotechnology company jumped 52.86% to $5.87 per share although the company officials can't explain why. The stock was the second leading gainer on Nasdaq today 7.04 million shares traded.

Stock Drop on Heavy Volumn:

• Scottish Re Group Ltd. (SCT): the Bermuda based life insurance company tumbled 11.76% to $5.85 per share as private investment firms invest $600 million and took 70% of the company's shares. The stock was the second leading decliner on NYSE today with 14.86 million shares traded.
• Revlon Inc. (REV): shares of New York, NY based cosmetics product maker lost 9.58% to $1.51 per share on weak market. The stock was the fifth leading decliner on NYSE today with 4.67 million shares exchanged hands.

Stocks On The Move - November 24

Stocks Rise on Heavy Volumn:

• Pointer Telocation Ltd. (PNTR): shares of Israel based road-side assistance and vehicle towing company skyrocketted 89.5% to $15.16 per share and hit as high as new 52 weeks high of $25 per share after the company reported strong third-quarter financial results. The stock was the leading stock on Nasdaq today with 1.62 million shares traded.
• United Microelectronics Corp. (UMC): shares of Taiwan based second leading semiconductor foundry company rose 7.79% to $3.46 per share as its stock rose 3.7% in Taiwan. The stock was the fourth leading gainer on NYSE today with 10 million shares traded.

Stocks On The Move - November 22

Stocks Rise on Heavy Volumn:

• Euro Tech Holdings Co. Ltd. (CLWT): shares of Hong Kong based water and wastewater treatment company in Hong Kong and China soared 30.31% to $3.74 per share. The stock has been doing well recently gaining 80% in just two month from $2 per share in early October. The stock was the fifth leading gainer on Nasdaq today with 8.37 million shares traded.
• Blockbuster Inc. (BBI): shares of leading video rental stores operator jumped 16.63% to 52 weeks high of $5.26 per share on rumors that the movie rental chain plans to sell it's operation in Taiwan. The stock was the second leading gainer on NYSE today with 12.17 million shares traded.

Stock Drop on Heavy Volumn:

• Coldwater Creek Inc. (CWTR): shares of Sandpoint, Idaho based women's apparel retailer operator tumbled 8.24% to $28.4 per share after the company reaffirmed fourth-quarter and full-year guidance that missed Wall Street expectations. The stock was the nineth leading decliner on Nasdaq today with 8.6 million shares traded.

Stocks On The Move - November 21

Stocks Rise on Heavy Volumn:

• CDC Corp. (CHINA): shares of Hong Kong based enterprise software and online game company jumped 17.72% to new 52 weeks high of $8.77 per share. The stock has been doing well this year and has almost went trippled from $3 in January. The stock was the fifth leading gainer on Nasdaq today with 11.64 million shares traded.
• NYSE Group Inc. (NYX): the operator of New York Stock Exchange is among the leading gainers on NYSE today as it restructures board help smooth the merger with Euronext. Shares rose 9.74% to new high of $104.6 per share and was the fourth leading gainer with 10.76 million shares exchanged hands.

Stock Drop on Heavy Volumn:

• Advanced Medical Optics Inc. (EYE): shares of Santa Ana, CA based eye surgery products maker dropped 8.92% to $35.75 per share on recalls of contact lens solution which could cause eye infection. The stock was the second leading decliner on NYSE today with 8.68 million shares traded.

Stocks On The Move - November 20

Stocks Rise on Heavy Volumn:

• Cardica Inc. (CRDC): shares of Redwood, CA based medical instrument system maker for surgeons soared 33.33% to $7 per share after FDA approves sale of the commpany's new device used in coronary artery bypass surgery. The stock was the best performer on Nasdaq today with 5.59 million shares traded.
• Phelps Dodge Corp. (PD): the Arizona based copper, molybdenum and molybdenum based chemicals prducer surged 26.78% to near 52 weeks high of $120.47 per share after Freeport-McMoRan Coper & Gold Inc. is buying the company for $25.9 billion or $126.46 per share. The stock was the leading gainer on NYSE today with 29.29 million shares traded.

Stocks Drop on Heavy Volumn:

• Enterra Energy Trust (ENT): shares of Canadian oil and gas company tumbled 8.7% to $9.13 per share on profit taking after the stock surged for three straight sessions from $6.9 to $10 last Friday. The stock was the leading decliner on NYSE today with 5.3 million shares traded.

Stocks On The Move - ANN, BMD, CONR, FSLR, X

Stocks Rise on Heavy Volumn:

• First Solar Inc. (FSLR): the Phoenix based solar modules maker made a decent run on the first day of trading, up 23.7% to $24.74 per share from IPO price of $20. The financials for the year is also strong, up more than twice for the nine months ended this year compared with same period of 2005. The stock was the third leading gainer on Nasdaq today with 18.36 million shares traded.
• Conor Medsystems Inc. (CONR): shres of Menlo Park, CA based controlled vascular drug delivery technologies company surged 18.75% to $32.68 per share as J&J is buying the company for $33.5 per share. The stock was the seventh leading gainer on Nasdaq today with 21.72 million shares traded.
• United States Steel Corp.(X): shares of Pittsburgh based steel maker rose 9.29% to $70.57 per share on buyout and merger activity in the sector. The stock was the top performer on NYSE today with 12.77 million shares traded.

Stocks Drop on Heavy Volumn:

• Birch Mountain Resources Ltd. (BMD): shares of Canadian industrial minerals company tumbled 13.1% to $2.52 per share as the company clarifies sales results reported on November 13. The stock reached new 52 weeks low and was the third leading decliner on AMEX today with 7.5 million shares traded.
• AnnTaylor Stores Corp.(ANN): shares of women's clothing retailer lost 7.84% to $36.57 per share on margin concerns on slowing sweater sales. The stock was the third leading decliner on NYSE with 7 million shares traded.

Stocks On The Move - IRSN, RMBS, ENT, ZVUE, WSM

The market is hot. So hot that it overshadows the slowdown in the housing sector. The Dow is still at 52 weeks high rising 54 points to 12,305 and Nasdaq is still on the rising gaining another 6 points to 2,449.

On the Nasdaq side advancers barely beat the decliners by a slim margin with 1,525 stocks going up and 1,507 stocks going down. Leading the way on Nasdaq is Irvine Sensors Corp. (IRSN) which gone more than doubled to $2.39 per share after the defense and security mini-electronic parts maker received new orders worth $16.6 million. This ends the long slide in stock price since January of this year.

Another big winner on Nasdaq is the memory chip maker Rambus Inc. (RMBS) which soared 30.45% or $5.07 to $21.72 per share on speculation that the company would be barely affected by a lawsuit filed by FTC. The stock came in third of the top perfomer and was the nineth heaviest traded on Nasdaq with 36 million shares traded.

The bull ruled the New York Stock Exchange with 1,746 advancers while only 1,5o9 stocks went down. Leading the way was the Canadian oil and gas trust company Enterra Energy Trust(ENT) which surged 16.71% to $8.73 per share on bullish comment by Jim Cramer on his Mad Money show on Wednesday. The stock this year alone has lost more than half of the value.

Going opposite way to most stocks today was media players maker Handheld Entertainment(ZVUE) which plunged 20% to $4.88 per share after announcement that additional 3.2 million shares would become free trading, adding total floating shares to 6.3 million.

Going south in NYSE was specialty furniture store Williams-Sonoma Inc. (WSM) which went down 9.89% to $31.7 per share after the company lowered it's fourth-quarter and fiscal 2006 guidance due to poor housing market. The stock was the second leading decliner with 9 million shares exchanged hands.

Stocks On The Move - November 15

Stocks Rise on Heavy Volumn:

• Vanda Pharmaceuticals Inc. (VNDA): shares of Rockville, Maryland based biotechnology company skyrocketted 52.66% to $14.9 per share on positive trial results for its insomnia drug. The stock was the second leading gainer on Nasdaq today with 9.59 million shares traded.
• RailAmerica Inc.(RRA): shares of Boca Raton, Florida based railroad transportation service provider soared 27.79% to $15.82 per share after the company agreed to a takeover by Fortress Investment Group for $639.3 million or $16.35 per share. The stock was the best performer on NYSE today with 5.64 million shares traded.
• US Airways Group Inc. (LCC): shares of Tempe, Arizona based airline company surged 16.83% to $59.46 per share after the company made a hostile bid to Delta Air Lines for $8 billion. The stock was the third leading gainer on NYSE today with 13.72 million shares traded.

Stocks Drop on Heavy Volumn:

• Comverse Technology Inc. (CMVT): shares of New York based communication equipment maker tumbled 14.29% to 52 weeks low of $17.69 per share on accounting error and delisting threat. The stock was the fifteenth leading decliner and the fourth heaviest traded on Nasdaq today with 58.28 million shares traded.

Stocks On The Move - November 14

Stocks Rise on Heavy Volumn:

• Netopia Inc. (NTPA): the Emeryville, California based braodband networking equipment provider soared 22.18% to $6.83 per share after Motorola would acquire the company for $7 per share. The stock was the fifth leading gainer on Nasdaq today with 12.94 million shares traded.
• Dillard's Inc.(DDS): shares of Little Rock, Arkansas based department stores operator surged 21.84% to $35.59 per share on surprisingly strong quarterly earning. For the third quarter the company reported profit of $13.6 million compared with net loss of $2.7 million in the same quarter of previous year. The stock was the top performer on NYSE today with 8.08 million shares traded.

Stocks Drop on Heavy Volumn:

• Home Solutions of America Inc. (HSOA): the Dallas, Texas based home remodeling service company tumbled 14.8% to $5.18 per share after the company cut its revenue forecast for the year. The stock is now back near its 52 week low. The stock was the sixth leading decliner on Nasdaq today with 6.31 million shares traded.
• Bodisen Biotech Inc.(BBC): shares of Chinese pesticides maker plunged for the second straight session and are now only half of the value of last Friday's close of $10.74. The stock today plummetted 30.67% to $5.9 per share after it received letter from Amex yesterday saying that the stock is not compliant with certain standard. The stock was the biggest loser on AMEX with 3.85 shares traded.

Stocks On The Move - November 13

The market began the week with positive note with Dow rose 23 points to 12131 and Nasdaq gained 16 points to 2046 as Oil prices dropped below $59 per barrel.

Among the winners are drug maker Isis Pharmaceuticals(ISIS) which soared 19.75% to $12.43 per share on two successful mid-stage clinical trials of its cholestrol-lowering drug and leading credit card company MasterCard Incorporated(MA) which rose 8.24% or $7.35 to $96.55 per share after Sam's Club began accepting the company's credit cards. Isis Pharmaceuticals was also among the leaders in volumn with 24.6 million shares. The best performer today was Chinese business software company E-Future Information (EFUT) which surged 48.27% to $29.49 per share on first day of trading.

The advancers outnumbering the decliners on both NYSE and Nasdaq. However to shareholder of biotechnology company Illumina Inc. (ILMN) today was not the day to celebrate as shares tumbled 11.67% to $38.91 on four times average volumn of 5.6 million shares after the company agreed to buy Solexa for $14 per share. Another Chinese technology company, Telestone Technologies(TSTC) went the opposite way to its surging fellow rookie as shares plunged 24.73% to $4.14 per share after filing third quarter result.

Stocks On The Move - November 10

Stocks Rise on Heavy Volumn:

• Tanox Inc. (TNOX): the Houston based drug maker became the best performer on Nasdaq today as Genentech is buying the company for $919 million or $20 per share. Shares rose 44.79% to near buyout price of $19.75 with 28 times average volumn of 8 million shares traded.
• NYSE Group Inc. (NYX): the operator of New York Stock Exchange is among the leading gainers on its exchange today on speculation that it could remove trading fee caps. Shares rose 7.9% to new high of $94.48 per share. The stock has almost gone nine-fold in two years as it was trading as low as $11.5 on it's first month of trading back in August 2004. The stock was the seventh leading gainer with 11.9 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Scottish Re Group Ltd. (SCT): the Bermuda based life insurance company continued it's slide for the fifth day in a row as it lost another 20.2% to 6.4 per share after the company posted third quarter loss late Thursday. The reinsurer for the third quarter posted third quarter net loss of $27.4 million compared to net income of $34.4 million in the same quarter of previous year. The stock was the biggest decliner on NYSE today with 8.77 million shares traded.
• Capstone Turbine Corp.(CPST): this has been a rough year for the Chatsworth, CA based microturbine generator maker as shares reached near 52 week low again after reporting second quarter loss in the aftermarket on Thursday. Shares tumbled 13.58% to $1.4 per share. The stock was the twelveth leading decliner on Nasdaq today with 4.94 million shares traded.

Stocks On The Move - November 9

Stocks Rise on Heavy Volumn:

• Essex Corp. (KEYW): shares of Columbia, Maryland based imaging processing company soared 17.87% to $23.55 per share after the company is bought by Northrop Grumman for $580 million or $24 per share. The stock was the fifth leading gainer on Nasdaq today with 8.04 million shares traded.
• Goodyear Tire & Rubber Co. (GT): shares of Akron, Ohio based leading tires maker surged 15.62% to $17.54 per share after the company reported better than expected results for the third quarter. The stock was the best performer on NYSE today with 19.76 million shares traded.

Stocks Drop on Heavy Volumn:

• Jupitermedia Corp. (JUPM): shares Darien, Connecticut based web graphics provider plunged 35.93% to $5.83 per share after the company's third quarter earnings dropped 98%. The stock was the leading decliner on Nasdaq today with 9.33 million shares traded.
• Imax Corp. (IMAX): shares of Mississauga, Canada based movie theaters operator plummetted 29.97% to $3.39 per share after the company swung to a third quarter loss on lower revenue. The company was the second leading decliner on Nasdaq today with 5.2 million shares traded.

Stocks On The Move - November 8

Stocks Rise on Heavy Volumn:

• Transmeridian Exploration Inc.(TMY): shares of Houston based oil and natural gas company soared 20.56% to $2.99 per share despite posting a wider loss for the third quarter. The technical chart shows the stock is in a very weak market with 50 day moving average below 200 day moving average. The surge today probably is because ROC is showing the stock is oversold. The stock was the second leading gainer on Nasdaq today with 4.8 million shares traded.

Stock Drop on Heavy Volumn:

• True Religion Apparel Inc. (TRLG): shares of Los Angeles based denim jeans maker plunged 27.28% to $15.46 per share after the company reported earning below Wall Street estimation. With ROC now showing the stock is oversold the stock has chance to bounce back. The stock was the worst performer on NYSE today with 5.16 million shares traded.
• Scottish Re Group Ltd. (SCT): the Bermuda based life insurance company tumbled 15.23% to $9.07 per share after Scor Management pulled away from acquiring the company. The stock is back to weak market again with K line dropping below D line. The stock was the second leading decliner on NYSE today with 9.28 million shares traded.

Stocks On The Move - November 7

Stocks Rise on Heavy Volumn:

• Siga Technologies Inc.(SIGA): shares of New York based biological warfare defense drug maker soared 27.46% to $4.27 per share. The technical chart shows the stock is in a very strong market with 50 day moving average rising above 200 day moving average. The stock was the third leading gainer on Nasdaq today with 6.7 million shares exchagned hands.

Stock Drop on Heavy Volumn:

• Technical Olympic USA Inc. (TOA): shares of Hollywood, Florida based residential houses builder plunged 35.13% to $7 per share on disputes with lender and delay of third quarter 10-Q filing. The stock was the worst performer on NYSE today with 13.19 million shares traded.
• Nortel Networks Corp. (NT): shares of Brampton, Canada based network equipments and solutions provider tumbled 10.88% or 26 cents to $2.13 per share after the company reported its third quarter earning and also annouced a 10 for 1 reverse stock split to consolidate outstanding shares. The stock was the fifth leading decliner and the heaviest traded on NYSE today with 83.48 million shares exchanged hands.

Stocks On The Move - November 6

Stocks Rising on Heavy Volumn:

• KOS Pharmaceuticals Inc. (KOSP): shares of New Jersey based pharmaceutical company skyrocketted 53.84% to $77.06 per share after Abbott Laboratories is buying the company for $3.7 billion or $78 per share. The stock was the second leading gainer on Nasdaq today with 12.24 million shares traded.
• Four Seasons Hotels Inc. (FS): shares of Toronto, Canada based luxury hotels operator soared 29.17% to $82.5 per share after the company received buyout offer to take the company private for $3.7 billiion or $82 per share. The stock was the best performer on NYSE today with 7.1 million shares exchanged hands.

Stocks Dropping in Heavy Volumn:

• Adolor Corp. (ADLR): shares of Exton, Pennsylvania based biopharmaceutical company plunged 44.84% to $7.69 per share after the company received additional request from FDA on the bowel treatment. The stock was the leading decliner and the nineth heaviest traded on Nasdaq today with 25.52 million shares traded.
• Kinross Gold Corp. (KGC): shares of Toronto, Canada based gold mining company tumbled 9.43% to $12.05 per share after the company is buying Bema Gold for $3.5 million. The company was the second leading decliner on NYSE today with 6.26 million shares traded.

Stocks On The Move - November 3

Stocks Rise on Heavy Volumn:

• Stellent Inc. (STEL): shares of content management software maker soared 26.18% to $13.4 per share after Oracle is buying the company for $440 million or $13.5 per share. The stock was the second leading gainer and the thirteenth heaviest traded on Nasdaq today with 18.34 million shares traded.
• Syntax-Brillian Corporation (BRLC): shares of Tempe, Arizona based high-definition televisions (HDTV) maker surged 25.24% to $7.84 per share after the company posted strong third-quarter revenue which beats Wall Street forecasts. The stock was the third leading gainer on Nasdaq today with 8.42 million shares traded.

Stocks Drop on Heavy Volumn:

• Neurocrine Biosciences Inc. (NBIX): shares San Diego, CA based drug maker was the top worst stock of the day as the stock plunged 30.01% after the company annouced that it needs to conduct more studies on the insomnia drug. About 10 times average volumn of 11 million shares were traded.
• Red Robin Gourmet Burgers Inc. (RRGB): shares of gourmet burgers restaurant chain operator plunged 26.09% to $34 per share on declining net profit. The stock was the fourth leading decliner on Nasdaq today with 9.48 million shares traded.

Stocks On The Move - November 2

Stocks Rise on Heavy Volumn:

• Guess Inc. (GES): shares of casual clothing retailer surged 13.05% to $64.02 per share on strong sales in October. The company also forecast fourth-quarter profit which may beat Wall Street's estimate. The stock was the sixth leading gainer on NYSE today with 5.76 million shares traded.
• Novell Inc. (NOVL): shares of open source software provider surged 15.67% or 92 cents to $6.79 per share on alliance with Microsoft. The stock was the nineth leading gainer and the fourth heaviest traded on Nasdaq today with 47.6 million shares traded.

Stocks Drop on Heavy Volumn:

• Investment Technology Group Inc. (ITG): shares of New York based investment company tumbled 9.24% to $41.75 per share despite posting 32% jump in third quarter profit. The stock was the sixth leading gainer on Nasdaq today with 6 million shares traded.

Stocks On The Move - November 1

Stocks Rise on Heavy Volumn:

• Banta Corp. (BN): shares of Menasha, Wisconsin based printing company surged 17.77% to $52.15 per share after Donnelley & Sons Co is acquiring the company for $1.3 billion. The stock was the best performer on NYSE today with 6.4 million shares traded.
• Mastercard Incorporated (MA): shares of world's leading credit card provider soared 14.8% to $85.07 per share after the company reported 82% rise in profit for the third quarter. The stock was the second leading gainer on NYSE today with 14.12 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Wolverine Tube Inc. (WLV): shares of Huntsville, AL based copper alloy tubular products maker plunged 59.93% to only $1.15 per share as the company considered filing for bankruptcy. The stock was the biggest loser on NYSE today with 7.4 million shares traded.
• Garmin Ltd. (GRMN): shares of world's leading GPS devices maker tumbled 15.78% to $44.98 per share as the company missed Wall Street's revenue target despite 20% rise in third quarter profit. The technical chart shows the stock may bounce back as the ROC shows the stock is oversold. The stock was the fourth leading decliner and the tenth heaviest traded on Nasdaq today with 26.87 million shares exchanged hands.

Stocks On The Move - October 31

Stocks Rise on Heavy Volumn:

• Sirna Therapeutics Inc. (RNAI): shares of San Francisco based biotechnology company skyrocketted 95.81% to $12.63 per share after Merck is buying the company for $1.1 billion. The stock was the best performer on Nasdaq today with 14.9 million shares traded.
• Lumera Corp. (LMRA): shares of Bothell, Washington based nanotechnology company soared 37.64% to new 52 weeks high of $8.74 per share after Harvard Medical School researchers are using the company's biosensor. The stock is still very strong with 50 day moving average is about to cross on top over 200 day moving average. The stock was the second leading gainer on Nasdaq today with 18.1 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Avanir Pharmaceuticals (AVNR): shares of San Deigo based chronic diseases drug maker plummetted 46.22% to $3.98 per share after receiving approvable letter from FDA. With ROC now showing the stock is oversold the stock has chance to bounce back up soon. The stock was the leading decliner on Nasdaq today with 24.25 million shares traded, also the tenth heaviest traded.
• Omnicare Inc. (OCR): shares of Covington, Kentucky based pharmaceutical services company tumbled 10.87% to $37.88 per share on profit drop due to reduction in rate reimbursement from heath care provider UnitedHealth. The technical chart shows the stock is in a weak market with KD falling and MACD dropping below 0. The stock was the fifth leading decliner on NYSE today with 18.37 million shares traded.

Stocks On The Move - October 30

Stocks Rise on Heavy Volumn:

• American Power Conversion Corp. (APCC): shares of West Kingston, Rhode Island based uninterrupted power supply(UPS) maker soared 26.35% to $30.02 per share after Schneider Electric is buying the company for $6.1 bilion. The stock was the leading gainer and the second heaviest traded on Nasdaq today with 86.47 million shares traded.
• Trustreet Properties Inc. (TSY): shares of Orlando, Florida based REIT company surged 35.65% to $16.97 per share after the company would be acquired by GE Capital for $3 billion or $17.05 per share. The stock was the best performer on NYSE today with 9.1 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Emisphere Technologies Inc. (EMIS): shares of Tarrytown, NY based drug delivery company plunged 23.76% to $6.77 per share after the company received mixed results from study of its diabetes drug candidate. Technical chart shows the stock may bounce back as ROC is at oversold level. The stock was the leading decliner on NYSE today with 11.89 million shares traded.
• Tenet Healthcare Corp.(THC): shares of Dallas, Texas based healthcare service provider tumbled 10.6% to $7.42 per share after the company forecast $82 million to $92 million net loss for the third quarter. The technical chart shows weakness as KD is still falling. The stock was the second leading decliner on NYSE today with 9.78 million shares traded.

Stocks On The Move - October 27

Stocks Rise on Heavy Volumn:

• Vivo Participacoes S.A. (VIV): shares of Sao Paulo, Brazil based wireless service company rose 8.16% to $3.58 per share despite posting a wider quarterly loss. The stock was the third best performer on NYSE today with 10 million shares exchanged hands.
• Vertex Pharmaceuticals Inc. (VRTX): shares of Cambridge, MA based cancer and hepatitis C drug maker surged 17.62% to $40.66 per share on positive data on its hepatitis C drug. The stock was the third leading gainer on Nasdaq today with 14 million shares exchanged hands.

Stocks Drop on Heavy Volumn:

• Silicon Image, Inc. (SIMG): shares of Sunnyvale, CA based semiconductor company tumbled 17.05% to $11.77 per share on falling third quarter income and weak revenue outlook for the fourth quarter. The stock was the sixth leading decliner on Nasdaq today with 6.48 million shares traded.
• Celestica Inc. (CLS): shares of Toronto, Canada based electronic manufacturing service provider dropped 13.46% to $10.16 per share on analyst downgrade on weak fourth quarter outlook. The stock was the third leading decliner on NYSE today with 6.27 million shares traded.

Stocks On The Move - October 26

Stocks Rise on Heavy Volumn

• LSI Logic Corp (LSI): shares of Milpitas, CA based semiconductor company surged 14.13% to $9.53 per share after the company posted strong third quarter profit. The stock was the fourth leading gainer on NYSE today with 17 million shares traded. The chart is showing the stock is on the uptrend.
• TeleTech Holdings Inc. (TTEC): shares of Englewood, Colorado based busines sprocess outsourcing company soared 21.06% or $3.33 to $19.14 per share on analyst upgrade on strong third quarter earning. The stock was the fourth best performer on Nasdaq today with 5.5 million shares exchanged hands. The stock has been on a strong market since August.

Stock Drops on Heavy Volumn

• Renovis Inc. (RNVS): shares of South San Francisco, CA based biotechnology company plummetted 75.85% to $3.43 per share on failure of late-stage clinical trial of the stroke drug. The stock was the biggest loser on Nasdaq today with 46.76 million shares traded. With stock now way oversold we may see bargain hunters coming soon.
• Red Hat Inc. (RHAT): shares of maker of Linux - a computer operating system, plunged 23.99% to $14.83 per share on new competition from Oracle. The stock was the third leading decliner and the second heaviest traded on Nasdaq today with 113 million shares traded. The stock may bounce back soon with stock now oversold.

Stocks On The Move - October 25

Stocks Rise on Heavy Volumn

• Applied Digital Solution (ADSX): shares of Delray Beach, FL based security products for consumer, commercial and government soared up 31.36% to $2.22 per share after patent for the company's glucose-sensing RFID microchip has been granted. The stock was the second leading gainer and the eighteenth heaviest traded on Nasdaq today with 17 million shares traded.
• Yankee Candle Co. Inc. (YCC): shares of South Deerfield, Maryland based scented candles maker surged 17.44% to $33.73 per share after the company would be acquired by private equity investment firm for $1.4 billion in cash. The stock was the best performer on NYSE today with 11 million shares exchanged hands.

Stock Drops on Heavy Volumn

• LifeCell Corp. (LIFC): shares of Branchburg, NJ based iotechnology company plunged 25.19% to $23.82 per share due to weak outlook despite strong earning for the third quarter. The stock was the leading decliner on Nasdaq today with 14.7 million shares traded.
• Corning Inc. (GLW): shares of diversified glass company tumbled 8.82% to $21.14 per share on downgrade on weak earning guidance despite strong third quarter earning. The glass technology company was the third leading decliner and the heaviest traded on NYSE today with 59.26 million shares traded.