Microcap Movers for Friday December 2 , 2011

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Below are highlights from Benzinga's daily coverage of microcap securities. Benzinga provides comprehensive, objective, and conflict-free coverage of the microcap sector in real-time at
BenzingaSmallCap.com
.
Atlantic Coast Federal
Shares of Atlantic Coast Federal
ACFC
, the Jacksonville, FL bank holding company, rose 49% Friday on 5 times the average daily volume. On November 28, the company announced it had hired Stifel, Nicolaus & Company to assist the Company in exploring strategic alternatives to enhance stockholder value. Atlantic Coast Federal traded in a range of $1.20 to $1.78 Friday, closing at $1.75.
Athersys
Athersys
ATHX
, the Cleveland, OH clinical stage biopharmaceutical company, rose 25% Friday on 5 times the average daily volume. A positive
Seeking Alpha
blog post sent shares higher. Athersys was a presenter at the Piper Jaffray Health Care Conference, November 29 & November 30. Shares of Athersys traded in a range of $1.33 to $1.70 on Friday and closed at $1.66.
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Advanced Photonix
Shares of Advanced Photonix
API
the Ann Arbor, MI supplier of opto-electronic solutions and Terahertz sensors and instrumentation to a global OEM customer base, rose 15% Friday. The company currently has a contract with NASA for development of a computed tomography terahertz scanner accessory designed for single-sided inspection of spacecraft and launch vehicle composite structures. There has been insider buying in Advanced Photonix stock in recent weeks by CFO Jeffrey Anderson and others. Advanced Photonix traded in a range of $0.55 to $0.64 Friday on 2.5 times the average daily volume, and closed at $0.61. 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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