Friday, May 14, 2010

3 Pre-Lunch Market Movers - (NASDAQ: BSMD), (NASDAQ: HAUP), (OTCBB: BFAR)

BioSphere Medical Inc. (NASDAQ:BSMD) is trading at $4.26 up $1.26 or 42% on heavy volume of 3.6M


Yesterday, after the closing bell, the company announced that it has entered into a definitive agreement and plan of merger with Merit Medical Systems, Inc. (NASDAQ: MMSI) and Merit BioAcquisition Co., a wholly-owned subsidiary of Merit Medical pursuant to which BioSphere Medical will merge with and into Merit BioAcquisition Co. in a cash transaction valued at approximately $96 million.


Hauppauge Digital Inc. (NASDAQ:HAUP) is trading at $4.19 up $1.16 or 38% on heavy volume of 14.6M



Yesterday afternoon the company announced that their WinTV-HVR TV tuner boards for PCs can now stream live TV over the Internet to the iPad, iPhone and iPod touch and any Apple Macintosh computer which supports a Safari web browser. The WinTV v7.2 application will include WinTV Extend and will be available directly from Hauppauge at a cost of $9.95. Current owners of WinTV-HVR's can upgrade to WinTV v7.2 Details will be available on the Hauppauge website.


BioPharm Asia Inc. (OTCBB:BFAR) is trading at $3.65 up $0.70 or 24% on heavy volume of 334k

The company reported full year 2009 results on Wednesday and experienced both top line and bottom line growth. Their strong financial results seem to have investors buying this possibly undervalued stock.

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