Archive for the ‘Energy Stocks’ Category

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BRN gains momentum, MSFT has good volume, FRBK loses air

Wednesday, January 12th, 2011

Barnwell Industries Inc. (AMEX: BRN) shares gained 23.6% to $7.50 Wednesday. Volume of 183,617 shares dwarfed its full-day average of 9,411. Barnwell engages in oil and natural gas exploration, development, production and sales in Canada.

Microsoft Inc. (Nasdaq: MSFT) traded in 42,033,218 shares Wednesday, approaching its daily average of 57,414,000. Prices for MSFT nudged ahead 1.2 percent to $28.45.

Republic First Bancorp. (Nasdaq: FRBK) fell 8 percent Wednesday to $2.75 Volume for the stock was 132,273 shares, or about 2 1/2 its daily average. FRBK is a full-service, state-chartered commercial bank with offices and branches throughout Pennsylvania and New Jersey.

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Posted in Energy Stocks, Financial Stocks, Technology Stocks | No Comments »

ELCR in gear among micro-caps, DTRO moves shares, ICNN on outs

Wednesday, January 12th, 2011

Electric Car Company Inc. (OTCBB: ELCR) proved a star among micro-caps, doubling Wednesday in price to two-100ths of a cent. Volume for the stock was 86.5 million shares, nosing out its full-day average of 74.4 million.

Deltron Inc. (OTCBB: DTRO) was a volume leader among micro-caps Wednesday, dealing in 43.7 million shares or nearly three times its daily average. DTRO acquires profitable businesses with strong management teams, substantial revenue and established market positions.

Incoming Inc (OTCBB: ICNN) plummeted 82.5 percent in price Wednesday to seven cents, on volume of 19,900 shares, compared to daily average volume of 3,874. ICNN is a renewable energy company engaged in the production and distribution of biodiesel and renewable fuels.

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Posted in Consumer Discretionary Stocks, Energy Stocks | 1 Comment »

LDK flies, AA solid, FBP flounders

Monday, January 10th, 2011

LDK Solar Co. (NYSE: LDK) shares rose 18.4% to $12.35 Monday. Volume for the stock was 22,705,047 shares, nearly four times its full-day average, after the Chinese solar-power products manufacturer hiked its fourth-quarter sales outlook.

Alcoa Inc. (NYSE: AA) traded in 52,335,644 shares Monday afternoon, more than double its daily average. Prices for AA inched up 0.3 percent to $16.47. Monday, AA reported Income from continuing operations of $258 million, or $0.24 per share, highest since 2008’s third quarter.

First Bancorp (NYSE: FBP) faded 10.4 percent Monday to $4.85. Volume for the stock of 1,179,549 shares more than quadrupled its daily average.

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Posted in Energy Stocks, Financial Stocks | 1 Comment »

GKK gets some traction, S trades widely, GNI in the swamp

Monday, January 10th, 2011

Gramercy Capital Corp. (NYSE: GKK) shares gained 10.4 percent to $3.09 Monday. Volume of 1,551,914 shares was more 2 1/2 times its usual volume. GKK is a self-managed integrated commercial real estate finance and property investment company.

Sprint Nextel Corp. (NYSE: S) traded in 47,181,985 shares Monday afternoon, approaching its daily average of 51,474,800. Prices for S trailed Friday’s close by 2.9 percent to $4.55. Consumers today will begin seeing TV advertising in a campaign touting the benefits of the company’s third 4G-capable smartphone.

Great Northern Iron Ore Properties (NYSE: GNI) dipped 21.6 percent Monday to $104.42. Volume for the stock of 121,377 shares proved 11 times its daily average, after Citron Research issued a negative report on the company.

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Posted in Energy Stocks, Financial Stocks, Technology Stocks | No Comments »

MHAN moves, GERS popular, CVSL stumbles

Monday, January 10th, 2011

Manhattan Pharmaceuticals Inc. (OTCBB: MHAN) skyrocketed 341.2 percent Monday to 7.5 cents. Volume for the stock was 1.68 million, compared to a mere 57,892 shares on average, on word that the company entered into a settlement and release agreement with Nordic Biotech Fund II K/S and H Pharmaceuticals K/S.

Greenshift Corp. (OTCBB: GERS) traded in 122.01 million shares, nearly double its daily average. Shares traded at one-100ths of a cent, or half of where they closed Friday. GERS develops and commercializes clean technologies designed to address the financial and environmental needs of its clients by decreasing raw material needs.

Cardio Vascular Medical Device Corp. (OTCBB: CVSL) went for a dive of 57.22 percent Monday afternoon to eight-10ths of a cent. Volume for the stock was 382,400 shares, compared to its usual volume of 35,474 shares. The business plan of CVSL is to develop a medical device application utilizing a patent pertaining to a maneuverable coiled guidewire.

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Posted in Energy Stocks, Health Care Stocks | No Comments »

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