Active traders and day traders have many stocks to choose from this Friday morning.  We are tracking news and moves in shares of Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM), Oracle Corporation (NASDAQ: ORCL), Universal Display Corporation (NASDAQ: PANL), Research in Motion Limited (NASDAQ: RIMM).

Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) is up more than 22% premarket to $2.72, relative to a 52-week range of $1
.62-$5.51. 4Q earnings were much better than expected.

Oracle Corporation (NASDAQ: ORCL) is up 4.3% before market open after posting positive quarterly results and announcing it would be releasing a dividend.

Universal Display Corporation (NASDAQ: PANL) is down nearly 4% premarket on moderate volume to $47.00, within a 52-week range of $11.50-$50.66. The company is issuing a public stock offering of 5 million shares priced at $46.00 per share.

Research in Motion Limited (NASDAQ: RIMM) is down more than 10% premarket on heavy volume to $57.20, relative to a 52-week range of $42.53-$76.78. RIM’s 36% growth in FY2011 was still very disappointing to investors.