Archive for the ‘Energy Stocks’ Category

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BONZ bounces, LFBG is not left behind, EXOU staggers

Wednesday, December 1st, 2010

Bonanza Goldfields Corp. (OTCBB: BONZ) leaped 323 percent in price in late Wednesday trading to 2.2 cents. Volume in the stock was 2.44 million, compared to its average of 97,241 shares. The miner, headquartered in Phoenix, Arizona, announced Tuesday a cancellation of planned reverse split.

Left Behind Games Inc. (OTCBB: LFBG) dealt in 74 million shares late Wednesday, to make it one of the leaders in volume. Even so, LFBG’s usual volume was 99.7 million. Shares were 15.07 percent lower in price, though, to 62-100ths of a cent. The leading publisher of Christian video games, announced Tuesday that revenues received in the current quarter have exceeded expectations and are already more than 100% higher than revenues for the quarter ended September 30, 2010.

Exousia Advanced Materials Inc. (OTCBB: EXOU) sagged in price 59.38 percent as the close approached Wednesday to 13-100ths of a cent. Volume in this stock was 3.35 million shares, or more than twice its daily average. The New York-based EXOU manufactures advanced eco-friendly industrial products for worldwide infrastructure applications

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DNN gains ground, MOT sells widely, OREX falters

Wednesday, December 1st, 2010

Denison Mines Corp. (AMEX: DNN) climbed in price 7.42 percent to $3.33 early Wednesday afternoon. Volume was 4,929,037 shares, twice-and-a-half its normal daily volume.

Motorola Corp. (NYSE: MOT) proved quite the popular stock early Wednesday, trading in 33,997,244 shares, its normal share average around 25,960,500 for a full day. Shares in the electronics maker improved 5.55 percent to $8.09. Motorola said late Tuesday that it will split into two entities in January; Motorola Mobility Holdings, including the mobile phone and television set-top box operations, and Motorola Solutions, which will include other communications devices used in government and industry, like bar-code scanners and walkie-talkies.

Orexigen Therapeutics Inc. (NasdaqGM: OREX) fell in price 9.25 percent to $4.71. Volume of 1,798,407 shares nipped ahead the stock’s full-day average. The San Diego-based company brings its weight-loss drug Contrave to an FDA panel next week

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BPZ takes off, F rolls off lot, UTI trips

Wednesday, December 1st, 2010

BPZ Resources Inc. (NYSE: BPZ) climbed in price 13.96 percent to $4.49 early Wednesday afternoon. Volume was 2,578,093 shares, twice-and-a-half its normal daily volume. The Houston-based oil and gas exploration and production company said Wednesday is putting an oil field in northwest Peru into commercial production.

Ford Motor Company (NYSE: F) traded in 49,710,370 shares by early Wednesday, its normal share average around 82,302,100. Shares in the carmaker improved 3.07 percent to $16.43. Ford announced Wednesday that sales of its cars and trucks rose 20 percent last month

Universal Technical Institute (NYSE: UTI) demurred in price 9.51 percent to $18.74. Volume of 559,592 shares more than tripled the stock’s full-day average. Phoenix-based UTI announced fourth-quarter net income of $7.2 million, or $0.29 per diluted share, as compared to net income of $7.6 million, or $0.32 per diluted share, for the fourth quarter of the prior year.

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MIGP soars, C does brisk trade, APWR loses some power

Wednesday, December 1st, 2010

Mercer Insurance Group Inc. (NasdaqGM: MIGP) jumped in price 47.93 percent to open trading Wednesday at $27.88. Volume of 340,855 squashed its normal daily voume of 4,312. Kendall Law Group announced Wednesday it is investigating Mercer Insurance Group, Inc. for shareholders in connection with the proposed acquisition by United Fire & Casualty Company. The national securities firm’s investigation seeks to determine whether Mercer Insurance Group and its Board breached their fi

Citigroup Inc. (NYSE: C) was the volume leader in early trading Wednesday, exchanging 154,660,124 shares, rapidly catching closing in on its daily average volume of 465,835,000. Citigroup shares were 2.02 percent more expensive at $4.28.

APower Energy Generation Systems Ltd. (NasdaqGS: APWR) saw its share prices fall Wednesday morning by 27.99 percent to $4.58. Early share volume of 3,099,954 shares more than tripled the stock’s full-day average. The Chinese-based power company reported Wednesday revenues decreased 40.7% to $57.3 million from $96.6 million in the third quarter 2009. Gross profit decreased 2.5% to $12.3 million in the third quarter from $12.6 million in the third quarter 2009.

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ENA races ahead, IRE overpowers share average, NOAH sinks

Monday, November 29th, 2010

Enova Systems Inc. (AMEX: ENA) picked up 22.55 percent in price Monday afternoon to $1.25. Volume of 180,330 shares was nearly four times its three-month average share volume. ENA is a production company in an emerging industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems.

Bank of Ireland (NYSE: IRE) did brisk business Monday, trading in 29,498,405 shares, dwarfing its three-month average share volume of 6.2 million. Prices jumped 20.83 percent to $1.71, in the aftermath of the E.U. move to bail out Irish banks.

Noah Holdings Ltd. (NYSE: NOAH) dropped by 8.04 percent Monday afternoon to $16.92. Volume of 352,300 shares was a pittance compared to its usual three-month average share volume of 1,377,410. Shanghai-based NOAH provides investment advisory and wealth management services.

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