Archive for the ‘Industrial Stocks’ Category

ECDC rockets, OPTZ trucks along, NWCN falls

Thursday, February 17th, 2011

East Coast Diversified Corp. (OTCBB: ECDC) skyrocketed today, surging 354.6% in price to five cents. Volume for the stock was 893,240 shares, compared to a daily average of 93,135, after the Atlanta-based company announced purchase order and shipment to iFleet, a division of MukriCo LTD for monitoring of oil tankers in  Tanzania.

Optimized Transportation Management Inc. (OTCBB: OPTZ) traded in 49.5 million shares Thursday, more than doubling its daily average. Prices for OPTZ fell 18.2% to nine-100ths of a cent. OPTZ is a Pittsburgh-based supply chain logistics company.

Network CN Inc. (OTCBB: NWCN) dropped 75% of its price strength Thursday to five cents. Volume was 32,700 shares, catching up on its daily average of 33,129. The company is engaged in providing out-of-home advertising in China, serving the needs of branded corporate customers.

WMB jumps, BRCD gets word out, ULBI reports

Thursday, February 17th, 2011

Williams Companies Inc. (NYSE: WMB) shares gained 7% to $29.71. Share volume was 27.3 million, or better than quadruple its daily average, a day after it said it would divide its pipeline and exploration business into two separate public companies.

Brocade Communication Systems (Nasdaq: BRCD) sold like hotcakes Thursday, trading in 28.5 million shares Thursday, already doubling its daily average. BRCD prices grew 5.3% to $6.03, with earnings set to be released after Thursday’s closing bell.

UltraLife Corporation (Nasdaq: ULBI) plummeted 11.1% in price Thursday to $5.44. Volume was 395,000 shares, better than triple its daily average, on reporting quarterly operating income of $1.6 million on revenue of $50.4 million.

CAGC jumps, BAC busy, QTWWD slips

Thursday, February 17th, 2011

China Agritech, Inc. (Nasdaq: CAGC) shares advanced 7.3% to $7.96, on share volume of 584,738, already besting a full-day average of 417,211 after the company announced it is introducing an innovative new line of organic liquid compound fertilizers that improves crop drought resistance.

Bank of America (NYSE: BAC) proved a volume champion early on Thursday, trading in 30.1 million shares Thursday, approaching a daily average of 188 million. Share prices settled 0.2% to $14.81, after announcing Nexen had hired BAC to find B.C. Shale Gas Partners.

Quantum Fuel Systems Technological (Nasdaq: QTWWD) sank 15.6% in price Thursday to $5.04. Volume was 492,000 shares, trouncing a daily average of 59,000.

NFLX is star, MU mighty, CPSL slumps

Monday, February 14th, 2011

Netflix Inc. (Nasdaq: NFLX) shares rose 6.3%. to $245.72, on volumes of 8.1 million shares, surpassing a daily average of 5.6 million shares. Caris & Co. raised its price target to $316 from $224.

Micron Technology (Nasdaq: MU) traded in 53.8 million shares Monday, routing a daily average of 35.7 million. Share prices increased 2.4% to $11.60, after ThinkEquity boosted its estimates, to a buy rating and new $15 price target.

China Precision Steel Inc. (Nasdaq: CPSL) shares slipped 14.3% to $1.86, on volume of 2.5 million shares, quadrupling its daily average. The company announces financials Tuesday.

CLGZ chugs along, TEMN teeming, CYBA bruised

Monday, February 14th, 2011

China Logistics Inc. (OTCBB: CLGZ) shot higher by 620% Monday to 18 cents. Volume topped 2.1 million shares, where it normally would trade around 125,000. The Company is a logistic company specializing in logistical services for car manufacturers, car components, food assortments, chemicals, paper, and machinery in China.

Team Nation Holdings Corp. (OTCBB: TEMN) traded in 96.7 million shares Monday, compared to daily average of 13.6 million. Share prices climbed 38.1% to 29-100ths of a cent, after announcing a one-time adjustment increasing its 2009/2010 revenue by $997,120. The increase will be reflected in the company’s 10k, when filed in accordance with SEC deadlines.

Canyon Bancorp (OTCBB: CYBA) took a nose-dive Monday in price, falling 83.3% to 11 cents, on volume of 38,440 shares, compared to daily average of 2,120. The Bank is a community bank that offers a full complement of convenience-oriented services including ATMs and ATM/debit cards, 24-hour telephone banking, Internet banking, lock box processing, direct payroll and social security deposits.