Benzinga's Microcap Movers for Wednesday August 1, 2012

Below are highlights from Benzinga's daily coverage of small cap and microcap securities making big moves: Alliance Healthcare Services Shares of Alliance Healthcare Services AIQ, the Newport Beach, CA provider of outpatient diagnostic imaging and radiation therapy services, rose 9.88% Wednesday on 2.5 times average volume. Alliance Healthcare Services announced Tuesday that it will host a conference call and webcast on Tuesday, August 7, 2012 at 8:30 a.m. Eastern Time to discuss the Company's second quarter 2012 financial results, which are scheduled to be released after the market closes on Monday, August 6, 2012. The call will also include a discussion of the Company's market outlook and strategic initiatives for 2012. Larry C. Buckelew, Chairman of the Board and Chief Executive Officer, is scheduled to host the call. Also scheduled to participate is Howard K. Aihara, Executive Vice President and Chief Financial Officer. Alliance Healthcare Services closed at $0.89 on Wednesday. China Cord Blood China Cord Blood CO, the Hong Kong-based company engaged storage of umbilical cord blood stem cells, fell 1.62% Wednesday on 15 times average volume. Shares of China Cord Blood were very volatile on Wednesday, due to a technical glitch involving trades placed through market maker Knight Capital. The company was one of six whose trades made between 9:30 am and 10:15 am ET were cancelled by the NYSE. A spokesperson for the company acknowledged to Benzinga that the volatility was due to the trading program glitch. China Cord Blood closed at $2.43 on Wednesday. Cubic Energy Shares of Cubic Energy QBC, the Dallas, TX independent energy company, fell 25.23% Wednesday on 5 times average volume. Cubic Energy announced Tuesday that by letter dated July 27, 2012, the NYSE MKT LLC, formerly NYSE Amex, LLC notified Cubic that the Exchange has accepted the Company's request for extension of the plan period until December 31, 2012 to regain compliance with Section 1003(a)(iv) of the NYSE MKT Company Guide. Cubic Energy closed at $0.20 on Wednesday. The information in this article is taken from public sources, press releases, and websites that cannot always be verified. Please note that investing in microcap stocks is highly speculative. The companies mentioned here are for information purposes only. Benzinga makes no claim as to the suitability of these stocks as an investment. Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.