Archive for the ‘Penny Stocks’ Category

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ELCR in gear, CMGR shines bright, WLSI sinks

Tuesday, November 23rd, 2010

Electric Car Company Inc. (OTCBB: ELCR) doubled in price soon after Tuesday’s opening bell to two-100ths of a cent, on volume of 4.1 million shares. The Missouri-based ELCR is a vehicle conversion company that specializes in electric conversions and manufacturing for the Livery, Fleet and Private Specialty Markets.

Camelot Entertainment Group Inc. (OTCBB: CMGR) exploded off the shelves, trading Tuesday in 47.33 million shares soon after the opening bell. CMGR stock was down in price 14.29 percent, however, at six-100ths of a cent. The Los Angeles-based company announced today that its quarterly revenue increased 130 percent from the last quarter, totaling $53,712 as compared to $23,338 during the second quarter of 2010, with an additional $266,975 in collected revenue booked as deferred revenue under motion picture accounting rules.

Wellstar International Inc. (OTCBB: WLSI) took a 50-percent pasting early in Tuesday trading to one-100th of a cent. Volume was 3.88 million shares. WLSI is a provider of specialized diagnostic software and equipment

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Posted in Consumer Discretionary Stocks, Health Care Stocks, Penny Stocks, Technology Stocks | No Comments »

ASTC in orbit, C sells widely, IRE gloomy

Tuesday, November 23rd, 2010

Astrotech Corp. (Nasdaq: ASTC) sprinted out to a gain of gained 68.32 percent in price in Tuesday morning trade to $1.70  Volume in the first hour was a staggering 1,683,045 shares, overwhelming its usual full-day share volume of 67.095. The Austin-based provider of commercial aerospace services, today announced that its Astrotech Space Operations subsidiary has won a fully-funded task order under the $35-million Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract for NASA.

Citigroup (NYSE: C) was among Tuesday morning’s volume leaders, trading in 104,926,884 shares, nearly a quarter of its mormal daily volume of 474,398,000 shares. The banking behemoth slipped in price, though, by 1.56 percent to $4.12.

Bank of Ireland (NYSE: IRE) fell in price early Tuesday by 23.42 percent to $1.70. Volume of 21,334,242 shares was nearly seven times the bank’s three-month daily average for volume.On Sunday, Ireland became the second euro zone country to ask for aid and will officially begin talks with the European Union regarding a bailout that could reach $110 billion.

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SIRI Update — No News from Howard Stern Today

Thursday, November 18th, 2010

A report on TheStreet.com stated that the jewel in Sirius XM’s (Nasdaq: SIRI) crown, Howard Stern, was planning to make an announcement today about his future with the satellite radio provider.

Sirius XM spokesperson, Patrick Reilly said that the whole thing was a big misunderstanding between TheStreet.com and comments made by Sirius XM’s CFO, David Frear in response to a question about Stern’s future.

Responding to a question about Stern and his contract, Frear asked whether the person was a Sirius XM subscriber. When the inquisitor said she wasn’t, Frear told her to go “buy a radio this afternoon” so she could tune into Stern’s show, according to Reilly.

Twitter was abuzz with Howard Stern talk this afternoon And even if nothing new was reported today, there are still plenty of lingering questions about Stern and Sirius’s future — with or without him.

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FTK shoots higher, S transmits volume, RINO wounded

Thursday, November 11th, 2010

Flotek Industries, Inc. (NYSE: FTK) gained 24.42 percent in price to $2.70. Volume in FTK stock Thursday was 3,166,940 shares, or nearly nine times its average. The Houston-based FTK manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and manages automated bulk material handling, loading and blending facilities. Wednesday, it announced Q3 revenues $40.0 million, an increase from $23.8 million in the third quarter of 2009. The Company posted a Q3 net loss attributable to common shareholders of$2.4 million, an improvement over $23.9 million in the third quarter of 2009.

Sprint Nextel Corporation (NYSE: S) did business amounting to 54,253,794 shares Thursday, compared to its daily average of 44,550,900. S added 1.9 percent in price to $4.01 as the final bell was getting ready to sound. Sources say Sprint and Clearwire (Nasdaq: CLWR) are arguing smart phone payments, S having initiated arbitration proceedings to resolve the dispute.

RINO International Corporation (NasdaqGS: RINO) took a price hit late Thursday, dropping 17.75 percent to $10.84. Volume in RINO was 5,808,674 shares, or nearly eight times the normal volume. The Chinese-based clean technology firm has set Monday as announcement date for its third-quarter financial results.

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NATC, HEWA, LNWZ enjoy hefty gains

Thursday, November 11th, 2010

Nature’s Call Brands, Inc. (OTCBB: NATC) boosted its stock price 50 percent to $0.15, on volume of 50,000 shares. NATC is based in Las Vegas, and is focused on the acquisition and exploration of international gold and silver mining properties located in regions that enjoy stable politics, sound economies and friendly business environments.

HealthWarehouse.com, Inc. (OTCBB: HEWA) gained 24 percent in price Thursday to $3.10. Volume in the stock was 12,514 shares. The Cincinnati-based retail mail-order pharmacy, announced Wednesday that it has placed a total of $4.3 million in equity and convertible debt with independent investors.

League Now Holdings Corp. (OTCBB: LNWZ) ballooned in price 248.96 percent Thursday afternoon to $0.43 cents on 4,200 shares. The stock has enjoyed a 52-week trading range of up to $5.58, prior to a recent 16:1 forward split.

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