Standout Stocks

My Stock of the Day is Sandisk (SNDK)

Last week, I added to my position as I felt the stock was simply trading at to cheap of a valuation.

Today, management announces that they agree, and initiates a $300M stock buyback.

The stock has been up all day, on solid volume, despite a weak and sloppy tape.

Other stocks making notable, high-volume moves include:

• TEX
• LFC
• RBAK
• IAAC
• NYX
• GROW
• RIMM
• POWI
• NAV
• LLL
• DWSN
• SMSC
• SJT
• MATR
• ECA

long RBAK, SNDK