Archive for the ‘Energy Stocks’ Category

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MCP marches, PFE trades widely, MCOX falls

Monday, December 6th, 2010

Molycorp. Inc (NYSE: MCP) was a winner Monday, muscling up 18.06 percent in price to $32.82. Volume of 7,226,528 shares was near triple MCP’s normal full-day average volume. Colorado-based Molycorp, Inc. is the only rare earth oxide (REO) producer in the Western hemisphere and currently produces approximately 3,000 tons of commercial rare earth materials per year.

Pfizer Inc. (NYSE: PFE) traded in 45,357,434shares, making it a leader in volume, edging its daily average of 42,923,900. Shares in PFE inched up 0.42 percent to close Monday at $16.83. PFE announced today that a significantly higher proportion of patients with newly diagnosed chronic myeloid leukemia who were treated with bosutinib (39% ) experienced a major molecular response (MMR), a secondary endpoint, compared with patients treated with imatinib (26% ) in the intent-to-treat population

Mecox Lane Ltd. (NasdaqGM: MCOX) faded in price 11.54 percent Monday afternoon to wind up at $6.90, on volume of 1,491,840 shares, slightly above its daily volume average. MCOX operates China’s leading online platform for apparel and accessories as measured by revenues in 2009.

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ASCQ ascends, LFBG in front, SUGO sets

Monday, December 6th, 2010

Ascend Acquisition Corp. (OTCBB: ASCQ) rocketed up 382.32 percent to lift its price Monday to 15 cents. Volume of 16,930 shares improved on its daily average of 9,233. The company serves as a vehicle to effect a merger, capital stock exchange, asset acquisition or other similar business combination with a currently unidentified operating business.

Left Behind Games Inc. (OTCBB: LFBG) left many of the other stocks behind, at least in volume, trading in 123.95 million shares, besting its full-day average of 101.85 million shares. The share price nipped up by 3.57 percent to 58-100ths of a cent. LFBG, the world’s leading publisher of Christian video games, announced today that revenues in the current quarter continue to exceed expectations as a result of reorders, projecting sales for the quarter to exceed $1 million.

Sungro Minerals Inc. New (OTCBB: SUGO) saw the luster go from its price Monday, losing 52.54 percent to 5.6 cents. Volume of 1.23 million swarmed its daily average of 186,864. The Rhode Island-based SUGO Friday announced that it has completed a round of bridge funding needed to complete the long expected NI-43101 report as well as providing for the completion of annual payments associated with the maintenance of the property and claims.

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SHZ jumps, BAC peddles wares, CDCS takes bruising

Monday, December 6th, 2010

China Shen Zhou Mining and Resrouces Inc. (AMEX: SHZ) picked 22.4 percent to $1.77 early Monday afternoon. Volume of 3,852,723 shares nearly quadrupled its normal full-day average volume. SHZ is engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China ,

Bank of America Corp. (NYSE: BAC) was among the volume leaders mid afternoon Monday, trading in 77,841,291 shares, catching up on its full-day average, which is near 203,314,000. The price slid, however, 1.26 percent to $11.71.

CDC Software Corp. (NasdaqGM: CDCS) took a beating in price 12.38 percent Monday afternoon to $6.23, on volume of 79,163 shares, besting its full-day average of 46,456. CDCS’ Ross Systems, Inc. announced today that it came out on the short end of a verdict Friday, in fraud litigation between Ross Systems, Inc. and Sunshine Mills, Inc., a major employer based in Red Bay , Alabama . In the lawsuit, Sunshine Mills alleged fraud related to the sale and implementation of a beta Ross ERP system in early 2005. The jury awarded a total of $61 million in damages to Sunshine Mills

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ICRD sprints, CIST sizzles, DOLV dives

Thursday, December 2nd, 2010

International Card Establishment Inc. (OTCBB: ICRD) leaped in price 150 percent to 2.5 cents Thursday, on volume of 48,110, edging past its normal share volume of 42,535 shares. The Company is a provider of products and services to the electronic transaction processing industry,

Causeway Entertainment Co. (Pink Sheets: CIST) did a fair bit of business Thursday afternoon, trading in 1.39 million shares. The stock’s normal daily average is around 547,541. Shares advanced 2.78 percent to 1.85 cents. Boston-based Causeway Entertainment is focused on capitalizing on the constantly growing Mixed Martial Arts (MMA) sports industry.

Dolat Ventures Inc. (OTCBB: DOLV) plummeted 79.33 percent in price Thursday afternoon to 3.1 cents. Volume in this stock was about 5,000 shares, slightly more than its normal-share average of 4,659. New York-based DOLV intends to mine, sell, market, cut and distribute its diamonds and gems around the world.

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SUGO grows, CMGR trades

Thursday, December 2nd, 2010

Sungro Minerals Inc. (OTCBB: SUGO) flew out of the starting gate Thursday, rocketing up in price 135.29 percent to four cents. Volume for this stock topped 2.05 million, trampling over its usual volume of 186,864 shares. The Rhode Island-based SUGO is an early-stage mining and exploration company seeking to acquire, develop, and manage various mineral properties and resources.

Camelot Entertainment Group Inc. (OTCBB: CMGR) proved one of the volume leaders among micro-caps Thursday morning, trading in 71.57 million shares, compared to a daily average of 105.7 million. Prices were off 20%, however, to four-100ths of a cent.


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