Archive for the ‘Consumer Discretionary Stocks’ Category

INHC a leader, GERS trades, BNGOF plummets

Wednesday, January 12th, 2011

Innolog Holdings Corp (OTCBB: INHC) rocketed up 166.7 percent Wednesday to eight cents, on volume of 49,490 shares. This compares to 16,578 on an average day. INHC is a holding company for the purpose of acquiring businesses that provide services primarily to federal government entities.

Greenshift Corp. (OTCBB: GERS) was active Wednesday, trading in 56 million shares, catching up on its all-day average of 66 million. Prices for GERS were flat at two-100ths of a cent. GERS develops and commercializes clean technologies.

Bingo.com Ltd. (OTCBB: BNGOF) plummeted in price by 53.8 percent to six cents Wednesday. Volume for the stock was 27,140 shares, short of its daily average of 44,552. BNGOF is the parent company of the Bingo.com group of companies.

TYRIA on tear, CMGR busy, VMCT ailing

Wednesday, January 12th, 2011

Trey Resources Inc. (OTCBB: TYRIA) doubled in price Wednesday to two-100ths of a cent. Volume for the stock was 1.9 million shares, catching up on its full-day average of 19.1 million. TYRIA provides business consultants for small and medium sized businesses and value-added resellers and developers of financial accounting software.

Camelot Entertainment Group Inc. (OTCBB: CMGR) did solid business early Wednesday, dealing in 40.7 million shares, compared to usual daily output of 316.4 million. Prices for CMGR were flat at one-100th of a cent.

Virtual Medical Centre Inc. (OTCBB: VMCT) slid in price 67.1 percent Wednesday to 4.6 cents. Volume for the stock was 50,000 shares, better than double its usual volume of 21, 596. VMCT is engaged in the business of providing online medical content, continuing medical education and health information to consumers, patients and medical professionals.

ZLC a jewel, C moving, LF dives

Wednesday, January 12th, 2011

Zale Corp.(NYSE: ZLC) shares gained 31.8% Wednesday to $5.31, on volume of 4,860,848 shares, or nearly five times its full-day average. This, after the jewelry retailer said sales at stores open at least a year rose 8.5% during the holiday-shopping season

Citigroup Inc. (NYSE: C) traded in 164,176,079 shares early Wednesday, catching up on its all-day average of 545,199,000. Prices for C moved forward 1.9 percent to $5.04.

Leapfrog Enterprises Inc. (NYSE: LF) fell 24.7 percent Wednesday to $4.07. Volume for the stock was 4,035,933 shares or nearly seven times its daily average, after forecasting 2010 earnings below expectations.

BORN kicks higher, MGM has high volume, BPI falters

Monday, January 10th, 2011

China New Borun Corp. (NYSE: BORN) shares rose 11.6% to close at $12.02 Monday. Volume for the stock was 874,687 shares, falling short of its full-day average of 1,119,340. BORN is a leading producer and distributor of corn-based edible alcohol in China.

MGM Resorts International (NYSE: MGM) traded in 42,584,466 shares Monday, inching by its daily average of 36,782,900. Prices for MGM faded 0.1 percent to $16.33. Tuesday, MGM will launch M life (www.mlife.com), a loyalty program that leverages the combined power of its resorts in Las Vegas, Mississippi and Detroit.

Bridgepoint Education Inc. (NYSE: BPI) fell 8.7 percent Monday to $16.08. Volume for the stock of 946,302 shares more than doubled its daily average. BPI was among a host of education-based stocks that lost ground Monday.

ACAD climbs, F hiring, INUV suffers

Monday, January 10th, 2011

ACADIA Pharmaceuticals Inc. (Nasdaq: ACAD) shares gained 34.8% to $1.55 Monday. Volume of 8,207,414 shares proved 12 times its usual volume of 674,665, after ACAD entered into an agreement, to fund its research into Parkinson’s disease.

Ford Motor Company (NYSE: F) was a volume leader Monday, trading in 38,100,313 shares, nearly half its daily average of 82,773,700. Prices for F nipped up 0.9 percent to $18.43. The car maker Monday announced that it planned to hire more than 7,000 workers in the next two years.

Inuvo, Inc (Amex: INUV) got bruised 20.5 percent by noon ET Monday to $4.03. Volume for the stock was 153,338 shares, already surpassing its daily average of 131,311 shares. INUV announced today that revenue for the quarter ended December 31, 2010 would be approximately $14 million. This represents a 46% increase over the $9.6 million of revenue in the same quarter of 2009 and is slightly lower than the third quarter of 2010.