Unusual 11 Mid-Day Movers 01/14: CRDC, GRAN, LAB, ETRM Higher; ROSG, MRNA, PEIX, MED Lower Jan 14, 2010 01:23PM

Cardica (Nasdaq: CRDC) 59.9% HIGHER; the stock appears to be breaking out on technicals today. The $2 level seems to have been an area of resistance and the price hasn't held over this level since May of last year. Volume is very heavy today.

Bank of Granite (Nasdaq: GRAN) 44.7% HIGHER; continuing higher today for the sixth day in a row. Over the last 9 trading sessions, shares of GRAN have surged more than 160%. Volume continues to be very strong. This is clearly a hot momo trade.

LaBranche (NYSE: LAB) 43.9% HIGHER; to sell NYSE designated market maker. Sees a charge of $69.7 million. Raises its buyback authorization from $23.4 million to $100 million. Click here to see the full report.

EnteroMedics Inc. (NASDAQ: ETRM) 37% HIGHER; today announced clinical results from two studies of VBLOC vagal blocking therapy, including additional data from its EMPOWER study ...


Unusual 11 Mid-Day Movers 9/28: TIV, ASPM, CNLG, GETI, GMTN Higher; FRP, CLSN, XRX, DRAM Lower Sep 28, 2009 01:41PM

Tri-Valley (AMEX: TIV) 66.7% HIGHER; appears to be breaking out on technicals today. The stock opened above its 200-day smooth moving average and has held onto this level throughout the session. Volume is very heavy.

Aspect Medical Systems, Inc. (NASDAQ: ASPM) 55.2% HIGHER; Covidien (NYSE: COV) agreed to acquire Aspect Medical for $12.00 in cash per Aspect share for a total of approximately $210 million, net of cash and short-term investments acquired. Shares of Aspect Medical closed at $7.67 on Friday.

Conolog Corp. (Nasdaq: CNLG) 46.2% HIGHER; spiking sharply today despite no news. The stock has traded almost 600,000 times just after 1pm ...


Unusual 11 Mid-Day Movers 8/14: GRH, GRRF, NCT, RTK Higher; CRDC, JADE, JST, CSTR Lower Aug 14, 2009 12:04PM

GreenHunter Energy (Amex: GRH) 44.6% HIGHER; reports Q2 EPS of $0., cents better than the analyst estimate of ($0.40). Revenue for the quarter was $ million, versus the consensus of $700K.

China GrenTech (Nasdaq: GRRF) 39.9% HIGHER; reports Q2 EPS of $0.08, 6 cents better than the analyst estimate of $0.02. Revenue for the quarter was $62 million, versus the consensus of $46.93 million.

Newcastle Investment (NYSE: NCT) 30.3% HIGHER; continuing higher today following yesterday's break above the $1.00 level. Before yesterday, shares ...


Unusual 11 Mid-Day Movers 7/23: SOMX, MEDX, VCI, CERS Higher; RPRX, SPAR, CRA, FREE Lower Jul 23, 2009 12:15PM

Somaxon Pharma (Nasdaq: SOMX) 103% HIGHER; shares of Somaxon have surged nearly 200% in just the last 3 days of trading. We are still not hearing any company-specific news that would justify the recent run-up.

Medarex, Inc. (NASDAQ: MEDX) 88.9% HIGHER; Bristol-Myers Squibb Company (NYSE: BMY) and Medarex announced today that the companies have signed a definitive merger agreement providing for the acquisition of Medarex by Bristol-Myers Squibb, for $16.00 per share in cash. Click here for the full report.

Valassis (NYSE: VCI) 53.6% HIGHER; announced today that the company was awarded $300 million for compensatory damages ...


Unusual 11 Mid-Day Movers 6/9: MRNA, GRH, STAA, CRDC Higher; ZQK, LCAV, ELY, CRDN Lower Jun 9, 2009 12:51PM

MDRNA, Inc. (Nasdaq: MRNA) 83.8% HIGHER; announced that it has obtained full FDA approval of its Abbreviated New Drug Application for generic calcitonin-salmon nasal spray for the treatment of osteoporosis and that Par Pharmaceutical Companies, Inc. (NYSE: PAR) has launched the product.

GreenHunter Energy (AMEX: GRH) 72.3% HIGHER; not hearing any company-specific news that would justify today's sharp move higher. The stock has already traded more than a million times, which compares to the average daily volume of just 95,000.

STAAR Surgical Company (Nasdaq: STAA) 50.9% HIGHER; today announced that it has received CE Mark approval for its KS-X Preloaded Hydrophobic Acrylic Injector for use in minimally invasive cataract surgical procedures. The CE Mark allows STAAR Surgical to market this foldable intraocular KS-X lens delivery system in the European Union as well as other countries that recognize the CE Mark. It also signifies that STAAR's preloaded ...