Unusual 11 Mid-Day Movers 9/18: CBBO, PSOF, MPG, BPFH Higher; SPDE, FSP, AGYS, CHCI Lower

September 18, 2009 1:05 PM EDT

Columbia Bancorp (Nasdaq: CBBO) 125% HIGHER; not hearing any company-specific news, but volume is very heavy today.

Pansoft Company Limited (NASDAQ: PSOF) 49.2% HIGHER; today announced that on September 17, 2009 in Beijing, Pansoft held a successful joint press conference with Microsoft. Traders appear to be responding to the comments today.

Maguire Properties (NYSE: MPG) 32.9% HIGHER; the stock closed right at its 200-day SMA yesterday and appears to be breaking out technically today. Volume is already about 7x normal volume.

Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) 24.5% HIGHER; announced last night that it has completed the sale of Coral Gables, Florida-based Gibraltar Private Bank & Trust for $93 million to private investors. Separately, the company announced the sale of RINET Company, LLC, to the RINET management team. Based in Boston, RINET is a wealth advisory firm catering to very high-net-worth clients and their families. The transaction is not expected to have a material impact on BPFH earnings or its financial position. The stock was also upgraded at KBW.

eDiets.com (Nasdaq: DIET) 22.3% HIGHER; volatility in this stock continues to be extreme. On Monday, the stock swung 54% higher, then 41% higher on Tuesday and Wednesday and Thursday fell almost 40% over the two days.

Speedus (Nasdaq: SPDE) 16.1% LOWER; correcting today following yesterday's 120% surge on FDA clearance news.

hhgregg (NYSE: HGG) 14.7% HIGHER; Barclays upgrades the stock from Equalweight to Overweight. Price target increased $1 to $22.

Franklin Street Properties Corp. (NYSE: FSP) 12.5% LOWER; announced that it has priced an underwritten public offering of 8,000,000 shares of its common stock at a price to the public of $13.00 per share. The offering was increased from a previously announced offering size of 6,000,000 shares.

Agilysys (Nasdaq: AGYS) 12.1% LOWER; not hearing any news today. The stock fell below its 200-day SMA just after the open.

Comstock Homebuilding Companies, Inc. (NASDAQ: CHCI) 11.1% LOWER; correcting today following a 50% jump yesterday on a loan agreement announcement.

Wolverine World Wide (NYSE: WWW) 6% LOWER; CL King downgrades the stock from Strong Buy to Neutral.

To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.

Related Categories

Special Reports

Stocks Mentioned

Related Entities

• Barclays
• CL King
• Unusual 11 Mid-Day Movers

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?