Archive for the ‘Energy Stocks’ Category

EFOI more energetic, S, PMI dip

Wednesday, January 19th, 2011

Energy Focus, Inc. (Nasdaq: EFOI) climbed 10.3 percent to $1.18 Wednesday afternoon. Volume of 396,108 shares proved four times its full-day average. Solon, Ohio-based EFOI is a leader in providing energy efficient lighting solutions.

Sprint Nextel Corporation (NYSE: S) dealt in 50,848,950 shares, catching up to its full-day average of 54,200,200. Prices for S went south, though, 2.1 percent to $4.27, on word the company will announce fourth-quarter and full-year financial numbers on Feb. 10.

The PMI Group, Inc. (NYSE: PMI) skidded 17.4 percent Wednesday to $3.30. Volume was 13,608,639 shares was nearly triple its average daily volume. Through its wholly and partially owned subsidiaries, PMI offers residential mortgage insurance and credit enhancement products.

GENT far from spent, F steady, SHZ sheds

Wednesday, January 19th, 2011

Gentium SpA (Nasdaq: GENT) rocketed up 14.1 percent to $8.99 Wednesday afternoon. Volume of 154,050 shares proved four times its full-day average. Italian-based GENT is a biopharmaceutical company focused on the development and manufacture of drugs to treat and prevent a variety of diseases and conditions.

Ford Motor Company (NYSE: F) was among the top traders Wednesday, dealing in 59,850,360 shares, making headway on its full-day average of 83,462,800. Prices for F fell 4.5 percent, though, to $17.86.

China Shen Zhou Mining and Resources (AMEX: SHZ) settled in price 18.3 percent Wednesday to $6.63. Volume was 5,817,660 shares, surpassed its aevrage daily volume of 3,876,320. Wednesday, SHZ announced that it has entered into a securities purchase agreement with several institutional investors for a registered direct placement of approximately $20 million of common stock at a price of $7.05 per share.

MNAI in the money, NUBL active, ESLP earthward

Wednesday, January 19th, 2011

Monar Intl. Inc. Common (OTCBB: MNAI) prospered 216.7 percent Wednesday to 47.5 cents. Volume was only 10,000 shares, but still double its normal daily average. MNAI is engaged in the development of a website that would offer to the public a tasteful traditional style Chinese furniture adapted to modern needs for Asian ethnic and high end markets in North America.

Numobile Inc. (OTCBB: NUBL) traded in 29.8 million shares, compared to its daily average of 22.8 million. Prices, however, sifted off 18.2 percent to nine-100ths of a cent. NUBL Tuesday, China Crescent Enterprises, Inc. (OTCBB: CCTR) and Savanna East Africa have partnered to build a wireless broadband network in Nairobi, Kenya.

Euro Solar Parks Inc. (OTCBB: ESLP) shed 63.4 percent Wednesday to 26 cents. Volume was a mere 20,000, in contrast to usually active volume of more than a million.

EARH goes into space, SSOL popular, MMEX in mess

Wednesday, January 19th, 2011

Earth Dragon Resources Inc. (OTCBB: EARH) was a major gainer among micro-cap stocks Wednesday, growing in price 493.8 percent to 20 cents. Volume for this stock was nearly 18,000 shares, only about a 10th of a normal daily volume. Tokyo-based EARH announce Tuesday the signing of a joint venture agreement with Netas Mining Company Ltd. (Netas Mining) in order to conduct operations on mineral concessions in Ghana which have been shown to be productive for gold.

Sunvalley Solar Inc. (OTCBB: SSOL) found its stock selling like hotcakes Wednesday, trading in 23.9 million shares, already surpassing its daily average of 16.2 million. Prices for the stock did well, too, leaping 31 percent to 93-100ths of a cent, only a day after announcing that it has signed another commercial solar installation contract with Vessey & Co in Holtville, California.

Management Energy Inc. (OTCBB: MMEX) halved its price in early Wednesday trading to five cents. Volume of 1.5 million towered over its usual volume of 24,387. Dallas-based MMEX is an exploration stage company engaged in the acquisition and development of coal reserves in the United States and South America.

LDK jumps, JPM busy, DANG slides

Tuesday, January 18th, 2011

LDK Solar Co, Inc. (NYSE: LDK) grew in price 10.7 percent to $13.40. Volume was a hefty 12,730,432 shares, more than twice its full-day volume average, on speculation that the recent buzz out of Germany about feed-in tariff cuts makes a hard cap on solar installations a lot less likely.

JP Morgan Chase & Co. (NYSE: JPM) was a volume leader Tuesday, trading in 40,111,730 shares, surpassing its full-day average of 38,489,000. Prices for the stock were flat at $44.78. This, amid word that Morgan wrongly foreclosed on 14 active-service military families and overcharged thousands more on their mortgages.

E-Commerce China Dangdang Inc. (NYSE: DANG) fell 8.5 percent to $31.00. Volume for the stock was 4,014,004 shares, just below its all-day average of 5,006,680. DANG is a leading business-to-consumer, or B2C, e-commerce company in China.