(Street Life is a regular feature that focuses on what's playing in the stock market.)

* ACT I: The Home Run AnorMED Inc.

(TSX: AOM) $10.99 Up 98 per cent (one-day move on Aug. 30 news).

With the biotech market quieter than a church rat, you could hardly blame AnorMED shareholders for popping champagne over the hostile bid from Genzyme Corp. (Nasdaq:GENZ). However, AnorMED's board wasn't nearly as enthralled, unanimously rejecting the takeover pitch as inadequate, despite the fact that it instantly doubled the share price in a stock that had been performing listlessly. Genzyme, a U.S. biotech powerhouse with a market cap in excess of $17 billion US, offered a cash deal of $8.55 US per share or $380 million US. Genzyme particularly covets AnorMED's most advanced product, Mozobil, which is in Stage 3 trials on cancer patients undergoing stem cell transplants.

* ACT II: The Blockbuster Takeover Glamis Gold (TSX:GLG) $50.70 Up 17.8 per cent (one-day spike on news).

Goldcorp CEO Ian Telfer boasts an astonishing record as a wheeler-dealer in the precious metals market but not everyone was cheering after Telfer's biggest deal - a takeover of Glamis that would create the world's third-largest gold producer. Shareholders voiced their opinion by slamming Goldcorp shares for a 9.5-per-cent loss on the day of the news and Goldcorp's former CEO and largest shareholder, Rob McEwen, bashed Telfer for paying too much. Glamis's 17.8-per-cent pop disappointed investors because the deal came in at a 33-per-cent premium on Glamis's price at the time of the deal. Toronto-based Glamis has been one of Canada's superstars of the gold bull market, with a 25-fold increase in the share price over the past five years. Gold specialist John Ing of Maison Placements said he did not anticipate a bidding war for Glamis.

* ACT III: The Sexy Play La Senza Corp.

(TSX:LSZ) $27.50 Up 175 per cent (two-year surge).

La Senza, the upstart Canadian lingerie retailer, continues to post knockout financial results that have investors clamouring for positions. The shares got a nice pop when the Montreal-based company reported that it more than tripled its profits in the recent quarter with earnings of $7.2 million, or 52 cents a share, compared to $2.1 million and 16 cents a share in the year-ago period. The company also said it is well positioned for its aggressive expansion in Canada and internationally. The market also liked the fact that BMO Capital Markets raised its 12-month target on the stock to $33, maintaining its "outperform" rating.

* ACT IV: The Rodney Dangerfield Special March Networks (TSX:MN) $20.45 Down 48.9 per cent (since Feb. 1).

Like comedian Rodney Dangerfield, March didn't get a lot of respect despite reporting earnings that were generally in line with analyst expectations. Shares in the Ottawa-based digital video surveillance company continued to flounder, declining 8.8 per cent in a one-day selloff on the recent quarterly results. March earned $2.9 million, or 16 cents per share, in the quarter compared to $2.8 million, or 19 cents per share, in the year-ago period despite strong revenue growth. Quarterly revenue was $22.8 million, up from $14.9 million in the year-ago period, but 52 per cent of that was from a single customer - Wal-Mart. The company is exploring new markets in government, homeland security and the commercial industrial sector.

* ACT V: The Oilsands Revival UTS Energy (TSX:UTS) $4.92 Up 10.5 per cent (one-day move).

When a stock goes from trading one to two million shares a day to more than 21 million in a single day, it catches the attention of the investment community. But, in the case of UTS, a single-day volume of 21.6 million shares was even more remarkable considering that it was achieved on a day when the oil price was skidding and the S&P/TSX energy index was down. That led investors to speculate that UTS may be ripe for a takeover after having its market cap nearly chopped in half over a four-month span. UTS, which owns 35 per cent of the Fort Hills Oil Sands Project, was the go-to play of the speculative money in the oilsands during a spectacular run in recent years but the shares had been floundering, largely as a result of concerns over oilsands costs overruns.

* ACT VI: The Spinoff ATS Automation Systems (TSX:ATA) $13.34 Up 32.1 per cent (one-month rally).

Money-losing ATS has managed to stop the bleeding in its share price over its plans to spin off its newly formed Photowatt Technologies unit. The Cambridge, Ont.-based company said it has filed with U.S. regulators for an initial public offering that would raise up to $250 million US. Shares in Photowatt, a solar cell and module manufacturer, would be listed on Nasdaq and the TSX exchanges. ATS recorded a net loss of $98.8 million for its fiscal year ending March 31 and the stock has collapsed from a high of $18.45 in April.

* ACT VII: The Tea Party Cott Corp.

(TSX:BCB) $18.51 Up 23.4 per cent (one-month rally).

Cott is primarily known as a soft-drink manufacturer but it's a new line of tea products that has helped put some fizz back into the depressed shares. The Toronto-based company is launching a line of ready-to-drink flavoured tea known as the Orient Emporium Tea Co. at 1,500 Wal-Mart stores. Cott shares have been out of flavour the past two years, falling from a peak of $45.

The company's earnings have also been declining sharply.

In its most recent quarter through June 30, Cott reported earnings of $7.6 million, or 11 cents per diluted share, compared to $25 million and 35 cents per diluted share in the year-ago period.

* ACT VIII: The Penny Jackpot Lehman Trikes Inc.

(TSXV:LHT) $0.92 Up 206.7 per cent (one-day spike).

Lehman is a little-known small-town manufacturer of trike (three-wheeled) motorcycles and accessories based in Westlock, Alta., but the company may have finally hit the big time with an agreement with Harley-Davidson. Although the company did not provide information on what the deal with Harley to produce trikes may be worth, the stock took off like a rocket on the news, trading as high as 99 cents. Shares of Harley-Davidson (NYSE:HOG), a $15.5-billion US company based in Milwaukee, didn't perform as well, rising one per cent on the news.

(Quotes are based on results through Sept. 1.)

(Gyle Konotopetz can be reached at gyle@businessedge.ca)