Biggest Losers (EEE,FTBK,ATPG,RTK,CIT)

Evergreen Energy Inc. (NYSE: EEE) plummeted 45% to $0.569 on huge volume of 7.10 million shares . Today, Evergreen Energy Inc., a green energy technology solutions company, provided an update on its process to sell Buckeye Industrial Mining Co. and its financing alternatives..On September 18, 2009, our exclusivity arrangement for the sale of Buckeye Industrial Mining expired. Although we are continuing to negotiate with the current possible acquirer, we do not have a definitive agreement to sell Buckeye.

Frontier Financial Corporation (NASDAQ: FTBK) after yesterday’s rally of over 28% today the stock corrected 12.34% to $1.35 on unusual volume of 2.35 million shares

ATP Oil & Gas Corporation (NASDAQ: ATPG)  decreased $2.42 or 11% to $19.74 on huge volume of 3.42 million shares after it said ATP now expects an output drop of 1 billion to 2 billion cubic feet of natural gas equivalent for that period.

Rentech, Inc. (AMEX: RTK) fell 9.45% to $1.82 on very unusual volume of 14.99 million shares after announced today that it has signed a definitive subscription agreement to sell to institutional investors an aggregate of 11,111,000 shares of its common stock at a price of $1.80 per share for gross proceeds of approximately $20.0 million.

CIT Group Inc. (NYSE: CIT) plunged 8.20% to $1.68 on huge volume of 56.15 million shares. In the last six months the stock has plummeted over 37%.