Million Dollar Buzz

Contest Stocks: FMT Comes Full Circle

Hey folks, here's one of our last contest stock reports. And it's somewhat appropriate we do so as we are coming back full circle to the start of the contest with Fremont General once again on the actives list based on their news about its reorganization, selling a unit, and installing new management. Here you go:

Best performing trades by % gain from Tuesday's close to Wednesday's close:
Stride Rite up 30.809%--as the company agreed to a buyout from Payless.
Fremont General up 26.7%--up on continued optimism from its new retail banking strategy.
Impac Mortgage up 17.21%-- amid signs that the subprime woes may be over.
Payless Shoes up 10.157%--as Stride Rite agreed to a buyout.
Men's Wearhouse up 9.7497%--on strong earnings.
Bristow Group up 8.8147% on strong earnings.

Worst performing trades by % loss from Monday's close to Tuesday's close:
Analog Devices down 9.9703% on weak earnings.
Spartan Stores down 8.3421%.
Comtech Group down 7.9339% as the company raised price target--reiterated buy rating.
STATS ChipPAC down 7.2095%--on possible suspension from the Singapore Exchange.
ValueClick down 6.7714% as the stock was downgraded to Neutral from Outperform.
Dillards down 6.5574% on weak earnings.

The most active and widely helds for our Million Dollar Top 20 and our Second Chance Finalists:

Most active         Volume   
REV                  64,634,009
CMGI                58,052,660
CNXT                51,270,446
KRY                  49,072,896
FMT                 44,727,752
GTW                 37,359,183
SIRI                  33,170,606
LVLT                 31,389,278
CHTR                 31,036,228
VG                    22,219,753

Widely held        Shares
CMGI               412,337,621
REV                 389,775,254
CNXT               297,194,866
KRY                 266,268,573
SIRI                230,634,038
GTW               196,737,113

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