Trading Where the Action Is!

September 9, 2008
David Penn

Early buying gave way after a few hours to aggressive selling and continued weakness in energy shares. Among the the headline midday movers are Lehman Brothers Holdings
(
LEH |
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PowerRating), which was down by more than 30% intraday, as the company is finding fewer buyers of divisions it had sought to spin-off.

Those stocks moving higher as of midday on Tuesday include a number of retail-oriented stocks such as Chico’s FAS Inc.
(
CHS |
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PowerRating) and Office Depot

(
ODP |
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PowerRating) which both were up more than 4%.

Among the biggest midday movers on Tuesday are Community Bank Shares of Indiana Inc.
(
CBIN |
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PowerRating) up more than 20% after yesterday’s steep decline. Also higher by more than 25% as of midday were shares of Cardica Inc.
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CRDC |
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PowerRating). The company won FDA approval for a new surgical system to be used in heart bypass surgery.

Here is a list of stocks that have gained 20% or more so far in trading today.

Name	Symbol	% Up
Pharsight Corporation	PHST	+32.83
Vermillion Inc.	VRML	+32.75
Access Plans USA Inc.	AUSA	+29.74
Cardica Inc.	CRDC	+26.85
Hana Biosciences Inc.	HNAB	+25.90
Community Bank Shares of Indiana	CBIN	+24.46
Westwood One Inc.	WON	+21.70
CCF Holding Company	CCFH	+20.89

Here is a list of stocks that have lost 20% or more so far in trading today.

Name	Symbol	% Down
Lehman Brothers Holdings	LEH	-33.64
Lipid Sciences Inc.	LIPD	-25.81
Tronox Inc.	TRX	-25.00
Comstock Homebuilding Companies Inc.	CHCI	-22.46
Environmental Power Corporation	EPG	-21.43
Imperial Industries Inc.	IPII	-21.31
Security With Advanced Technology Inc.	SWAT	-20.63
Particle Drilling Technologies Inc.	PDRT	-20.23