Archive for the ‘Consumer Discretionary Stocks’ Category

NCT jumps, MGM high volume, NAII dives

Wednesday, December 22nd, 2010

Newcastle Investment Corp. (NYSE: NCT) ended higher 12.89 percent in price Wednesday to $6.92. Volume of 2,363,972 shares proved four times its normal share volume. NCT invests in real estate debt and other real estate related assets.

MGM Resorts International (NYSE: MGM) did a brisk business Wednesday, trading in 36,317,989 shares, nipping its daily average. Prices for MGM dipped, however, 1.07 percent to $14.73. MGM is one of the world’s leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage.

Natural Alternatives International Inc. (Nasdaq: NAII) listed downward Wednesday, losing 11.83 percent in price to $5.29, on volume of 539,582 shares, compared to a full-day average of 17,905. NAII, based out of San Marcos, Calif., is a leading formulator, manufacturer and marketer of customized nutritional supplements

OXM celebrates, CSCO busy, BIOF backslides

Wednesday, December 22nd, 2010

Oxford Industries, Inc. (NYSE: OXM) galloped ahead 23.91 percent in price Wednesday to $27.47. Volume of 799,682 shares swamped its daily average of 143,603. OXM is an international apparel design, sourcing and marketing company.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 30,591,580 shares Wednesday, less than half, however, of its daily average of 71,916,500. Share prices for CSCO were flat at $19.53.

BioFuel Energy Corp. (Nasdaq: BIOF) fell 16.08 percent in price Wednesday to $1.67, on volume of 738,567 shares, compared to a full-day average of 491,308. The Denver-based BIOF currently has two 115 million gallons per year ethanol plants in the Midwestern corn belt.

MZBYE jumps, CMGR busy, UGDM demurs

Wednesday, December 22nd, 2010

Mezabay International Inc. (OTCBB: MZBYE) leaped in price 62.5 percent to 21-100ths of a cent. Volume was 6.69 million shares, towering over its normal volume average of 603,264 shares a day. The Company is engaged in the e-commerce business including IT consulting, programming and display advertising services.

Camelot Entertainment Group Inc. (OTCBB: CMGR) was busy in Wednesday trading, with 160.69 million shares changing hands, just shy of its usual daily average of 180.7 million. CMGR projects gross sales for 2010 to exceed $2,200,000, with revenues expected to exceed $500,000.

Universal Gold Mining Corp. (OTCBB: UGDM) scaled back 54.3 percent to 16 cents Wednesday, on volume of 58,000 shares, falling short of its daily average of 71, 543. UGDM is a gold exploration and development company aiming to develop a diversified portfolio of gold mining assets in frontier territories.

CXZ travels, JPM trades, JTX taxed

Wednesday, December 22nd, 2010

Crosshair Exploration & Mining Corp. (AMEX: CXZ) vaulted 29.14 percent in price Wednesday to $2.26. Volume of 1,673,267 shares was six times its daily average. Crosshair is a prominent player in the exploration and development of uranium, vanadium and gold in the U.S. and Canada.

JP Morgan Chase (NYSE: JPM) traded in 29,365,591 shares Wednesday, approaching its daily average of 38,702,900. Share prices gained 2.71 percent to $42.11.

Jackson Hewitt Tax Service Inc. (NYSE: JTX) fell 9.54 percent in price Wednesday to $1.75, on volume of 1,708,936 shares, nearly twice its full-day average. Based in Parsippany, N.J., JTX is an industry leading provider of full service individual federal and state income tax preparation.

SENZ jumps, FLTT high volume, HTEC takes header

Wednesday, December 22nd, 2010

Sport Endurance, Inc. (OTCBB: SENZ) sprinted ahead 134.55 percent Wednesday to 1.29 cents. Volume totaled 1.4 million shares, outdistancing its full-day average of 1.15 million. SENZ is a health supplement company based in Salt Lake City.

Flint Telecom Group Inc. (OTCBB: FLTT) showed impressive volume among micro-caps Wednesday, trading in 80.4 million shares, more than triple its full-day volume. Prices soared 38.46 percent to 18-100ths of a cent. The company, located in Overland Park, Kansas, announced last week that its Indian subsidiary will likely commence prepaid debit cards and remittance services to Indian banks and their customers as early as next quarter.

Hydron Technologies Inc. (OTCBB: HTEC) stumbled in price Wednesday 56.52 percent to one-10ths of a cent. Volume was 187,830 shares, compared to 4,267, its normal full-day average. The Company markets cosmetic and oral health care products.