Trading Where the Action Is!

More selling in stocks as of midday on Wednesday as the government bailout of American International Group
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has so far failed to stem widespread concerns about financial companies – concern that is dragging stocks lower across the board.

Among the brighter spots halfway through trading on Wednesday are gold and mining stocks, many of which are up impressively. This list includes Barrick Gold Corporation
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, up nearly 9%, and Newmont Mining Corporation
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, which was up more than 7% by midday.

Today’s biggest midday movers include SanDisk Corporation
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, which is the subject of a hostile bid from Samsung, and Morgan Stanley
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, which was among the many financial stocks traders and investors were selling aggressively this week.

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

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Name Symbol % Up
SanDisk Corporation SNDK +39.96
World Heart Corporation WHRT +30.00
Bonso Electronics International Inc. BNSO +28.47
EntreMed Inc. ENMD +27.27
Security With Advanced Technologies SWAT +23.81
Spanish Broadcasting System Inc. SBSA +22.27
Mdi Inc. MDII +21.17

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

Name Symbol % Down
Electro Energy Inc. EEEI -70.67
Versaun Energy Corporation VSE -67.05
Lehman Brothers Holdings LEH -57.27
Nortel Networks Corporation NT -43.77
American International Group AIG -40.96
Westaff Inc. WSTF -36.90
Constellation Energy Group CEG -34.95
Morgan Stanley MS -33.69
Franklin Credit Management Corporation FCMC -30.77
Midwest Banc Holdings Inc. MBHI -27.93
Velocity Express Corporation VEXP -27.59
Atherogenics Inc. AGIX -27.52
Sun American Bancorp SAMB -27.47
Neurobiological Tech Inc. NTII -27.92
Inplay Technologies Inc. NPLA -24.94
Neomagic Corporation NMGC -25.00
Neptune Technologies & Bioresources NEPT -24.02
Enteromedics Inc. ETRM -23.31
Particle Drilling Technologies PDRT -23.09
Young Broadcasting Inc. YBTVA -22.71
Nitches Inc. NICH -21.05
Vocaltec Communications Ltd. VOCL -21.07

Source: MarketWatch

For a list of today’s top-rated stocks, click here.

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