Microcap Movers for Thursday December 15, 2011

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Below are highlights from Benzinga's daily coverage of microcap ecurities. Benzinga provides comprehensive, objective, and conflict-free coverage of the microcap sector in real-time at
BenzingaSmallCap.com
.
Adventrx Pharmaceuticals
Shares of Adventrx Pharmaceuticals
ANX
, San Diego, CA specialty pharmaceutical company rose 6% Thursday on 5 times the average daily volume. The increased volume may have been due to advance notice of a Friday morning PR reporting an update in coverage by Vista partners, with a 12-month target of $3.50. Ross Silver, Principal Analyst at Vista Partners stated, "ANX currently trades at a negative enterprise value with its market cap currently being less than its cash balance." Adventrx Pharmaceuticals shares traded Thursday in a range of $0.60 to $0.67, closing at $0.63.
Southwest Bancorp
Shares of Southwest Bancorp
OKSB
, the Stillwater, OK holding company for the Stillwater National Bank and Trust Company and Bank of Kansas, rose 29% Thursday on 5 times the average daily volume. Southwest Bancorp released its 8-K filing Thursday, which indicated it had completed cash sales of nonperforming loans, potential problem loans, and other real estate with a carrying value before transfer to assets held for sale, of approximately $300.3 million and related other loans with a carrying value before transfer to assets held for sale of $1.3 million. Southwest received total net cash after payment of transaction expenses of approximately $186.6 million. Southwest did not retain any interest in the loans or other real estate sold. Southwest Bancorp shares traded Thursday in a range of $5.78 to $6.39, closing at $6.02.
Cardiome Pharma
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Shares of Cardiome Pharma
CRME
, the Vancouver, BC developer of proprietary drugs to treat or prevent cardiovascular and other diseases, rose 15% Thursday on almost twice the average daily volume. This one was being pumped in chat and on Twitter on Thursday. Benzinga placed a call into Cardiome, but the company did not respond. Cardiome Pharma shares traded Thursday in a range of $1.86 to $2.27, closing at $2.15. To get information like this on a streaming basis during the trading day, try a 100% free trial to
BenzingaSmallCap.com
.
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