Archive for the ‘Energy Stocks’ Category

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SGOG shines, INBG busy, MJWL slides

Thursday, December 9th, 2010

Sterling Oil & Gas Co (OTCBB: SGOG) went skyward in early Thursday trading, gaining 290.24 percent to 1.6 cents. Volume in this stock was 20,000 in the early going, compared to its full-day average of 24,749.

International Building Technologies Group Inc. (OTCBB: INBG) saw its shares fly off the shelves Thursday, trading in 52.77 million of them. Its price was flat, however, at three-100ths of a cent. INBG Tuesday announced that, pursuant to the signed Letter of Intent to buy FHH Sino New Energies Co., Ltd..

Majic Wheels Corp. (OTCBB: MJWL) spun its wheels soon after Thursday’s opening, losing 62.96 percent in price to one-10th of a cent. Volume was 45,000 shares, in contrast with 165,031, its daily average. MajicWheels purports to bring innovation to the industry of radio-controlled toy cars through its groundbreaking, patented climbing device technology.

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FRC scores big in IPO, C sells briskly, SDTH staggers

Thursday, December 9th, 2010

First Republic Bank (NYSE: FRC) was among the price champions early Thursday, strengthening 95.99 percent in price to $27.34. Volume was 4,503,158 shares, upon its IPO Thursday. First Republic Bank had $22 billion in total assets as of June 30 and its wealth management assets totaled $17.2 billion.

Citigroup Inc, (NYSE: C) traded in 275,979,360 shares, making it a leader in volume, making loads of headway against its daily average of 517,995,000. Shares hiked 0.97 percent to $4.68. Citi today announced that it has hired Benjamin Poor as Manager of Market Intelligence for the Securities and Fund Services (SFS) unit within Global Transaction Services.

Shengdah Tech, Inc. (NasdaqGS: SDTH) tumbled in price 16.01 percent Thursday to wind up at $5.14, on volume of 570,864 shares, better than triple its full-day volume average. The leading manufacturer of nano-precipitated calcium carbonate in China, today announced that it intends, subject to market and other conditions, to offer an aggregate of $90.0 million of senior convertible notes due 2015 in a private offering.

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HHWW soars, TAON climbs, BLSP also up

Wednesday, December 8th, 2010

Horiyoshi Worldwide (OTCBB: HHWW) climbed 22.22 percent, adding 49 cents to close Wednesday at $2.70. Volume of 5,446,065 more than doubled average daily volume of 2,230,360. On November 5, 2010, Horiyoshi Worldwide Inc. was acquired by Horiyoshi the Third Limited, in a reverse merger transaction.

TAO Minerals, Ltd. (Pink Sheets: TAON) jumped 10.4 percent to 1 cent Wednesday, on extraordinary volume of 41,513,083, nearly ten times average daily volume of 4,456,700. This morning, TAON announced commencement of the first phase geophysical review of the Mutata Gold and Platinum project.

Blue Sphere Corp (OTCBB: BLSP) jumped 3.85 percent at the end of the day Wednesday to close at $0.81, on volume of 928,495, easily eclipsing average daily volume of 36,234. The London-based BLSP develops projects for greenhouse gas emission reduction and renewable energy production.

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ACTC, CPWEE slide, ADSU skyrockets

Wednesday, December 8th, 2010

Advanced Cell Technology Inc. (OTCBB: ACTC) dropped nearly 7 percent to close Wednesday at 14.8 cents. Extraordinary volume of 142,172,592 easily eclipsed average daily volume of 9,950,280. The Massachusetts-based biotech company announced today that it had strengthened its balance sheet by eliminating approximately $3 million in debt.

Clean power Technologies, Inc. (OTCBB: CPWEE) plummeted 72 percent to 3 cents Wednesday, on volume of 788,477, nearly one thousand times its daily average. The Canadian developer of hybrid fuel technology has been struggling this month with internal management shakeups.

Aden Solutions, Inc. (OTCBB: ADSU) soared 96.72 percent, tacking on 6 cents to close Wednesday at 12 cents. Volume of 15,000 easily surpassed three month daily average volume of 9,000. The Toronto-based ADSU provides travel packages and concierge services to corporate entities.

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MGN mighty, GE does bright business, ACMR falters

Monday, December 6th, 2010

Mines Management Inc, (AMEX: MGN) strengthened 24.31 percent in price to $3.58. Volume of 704,193 shares trounced the stock’s normal full-day average volume of 118,542. Last week, the Spokane-based MGN announced it closed out the quarter with $7.4 million of unrestricted cash and certificates of deposit.

General Electric Company (NYSE: GE) traded in 58,589,131 shares, making it a leader in volume, edging its daily average. Shares in GE inched down 0.48 percent to close Monday at $16.70. GE today announced that it will provide gas turbine technology to Mass Global Investment Company, an independent power producer, to help meet northern Iraq’s growing demand for electricity. Under the agreement, GE will supply three Frame 9E gas turbines and generators for the 375-megawatt expansion of the Arbil Power Plant, located in Iraq’s Kurdistan region.

A.C. Moore Arts & Crafts Inc. (NasdaqGS: ACMR) faded in price 12.86 percent Monday afternoon to wind up at $1.93, on volume of 354,971 shares, seven times its daily volume average. ACMR is a specialty retailer of arts, crafts and floral merchandise for a wide range of customers.

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