This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hanmi Financial, IsoRay: Midday Volume Plays

NEW YORK ( TheStreet) -- Several stocks trading near $5 were moving on above-average volume during Thursday's session.

Hanmi Financial (HAFC - Get Report) rallied for a third straight session, jumping by 54 cents, or 26.3%, to $2.59, following a report in a South Korea newspaper Tuesday that said Woori America Bank (WF - Get Report) is considering taking a 51% majority stake in the Korean holding company. The three-day surge has boosted shares by 108%. Volume topped 4.92 million shares, compared to the 50-day average daily volume of 802,000.

IsoRay (ISR - Get Report) surged by 83 cents, or 101.2%, to $1.65 after the company announced that doctors performed the first Cesium-131(Cs-131) implant for the treatment of colorectal cancer in October. The patient tolerated the procedure well and had no evidence of cancer recurrence or any side effects that can be attributed to the Cesium-131 seed implant at the last follow-up visit, one of the doctors said. Volume topped 8.57 million shares, compared to the three-month average daily volume of 66,000, according to Yahoo! Finance.

Health Fitness (FIT) jumped by $1.49, or 20.7%, to $8.69 after Trustmark Mutual Holding agreed to acquire the company for $8.78 per share in an all-cash transaction valued at approximately $97 million. Volume topped 4.19 million shares, compared to the three-month average daily volume of 103,000.

China Wind Systems (CWS) dropped by 83 cents, or 12.8%, to $5.68 after the company said it expects to commence electro-slag remelted (ESR) production in March 2010 after it installs equipment in the facility. Volume topped 420,000 shares, compared to the three-month average daily volume of 142,000.

-- Written by Robert Holmes in Boston.

Check out all of Thursday's high-volume, under-$5 stocks at the Dollar Store

Follow Robert Holmes on Twitter and become a fan of on Facebook.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FIT $15.73 0.00%
HAFC $20.51 0.00%
ISR $0.73 0.00%
WF $22.44 0.00%
AAPL $94.02 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs