Heavy Volume Movers For October 10 (WB, M, INFY)

October 10, 2008 | By Chris Seabury The companies listed below are trading on heavy volume Friday following major news announcements. By watching the news and the heavy volume movers you can find the big winners both on the long and short side. Usually these heavy movers have what they call "gap up" or "gap down" openings on news. What this means is that they are opening up or down by a certain amount from their previous close. To find the right one you must watch and see how the stock trades within the first hour of the open. If the stock holds the gap, that means that you have a short term support level where the opening was. This is usually an indication that the stock is moving higher or lower accompanied by heavy volume and open interest. (To learn more about gaps, and how they should be interpreted, read Playing The... [read full story]