Archive for the ‘Technology Stocks’ Category

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SOYL green, ELCR in gear, SRRL sinks

Thursday, January 20th, 2011

American Soil Technologies Inc. (OTCBB: SOYL) skyrocketed 280 percent to 1.9 cents Thursday. Volume for the stock was 50,750 shares, compared to 16,399, its daily average. SOYL develops, manufactures and markets cutting-edge technology that decreases the need for water and improves the soil in the ‘Green Industry’.

Electric Car Company (OTCBB: ELCR) had an exciting Thursday, trading in 50.2 million shares, compared with 82.3 million shares on average. Prices were flat, though, at one-100th of a cent.

Stellar Resources Ltd. (OTCBB: SRRL) fell in price Thursday by 45 percent to 11 cents. Volume of 25,000 shares nearly tripled its daily average volume.

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MOBI clicks, FITB active, IBCP tumbles

Thursday, January 20th, 2011

Sky-Mobi Limited (Nasdaq: MOBI) shot 12.9 percent higher Thursday to $5.83. Volume of 1,239,238 shares proved better than double its full-day average. MOBI operates the leading mobile application store in China.

Fifth Third Bancorp (Nasdaq: FITB) dealt in 73,558,234 shares, six times its full-day average. Share prices dipped 1.6 percent to $14.38, after revealing it had repaid $1.7 billion to TARP.

Independent Bank Corporation (Nasdaq: IBCP) shares slid 18.5 percent to $2.90. Volume was 677,526 shares, more than double the daily average. IBCP is is a Michigan-based bank holding company with total assets of approximately $2.7 billion.

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KONE soars, BAC busy, FFIV falters

Thursday, January 20th, 2011

Kingtone Wireless Info Solutions (Nasdaq: KONE) climbed 14.4 percent in price Thursday to $3.65. Volume of 433,351 shares nearly quadrupled its full-day average. KONE Thursday announced quarterly revenues increased 36.1% to $5.33 million from $3.92 million in the prior year period. Gross profit increased 104.7% to $4.64 million from $2.27 million in the prior year period

Bank of America Corp. (NYSE: BAC) dealt in 130,095,328 shares, short of its full-day average of 214,812,000. Share prices were flat at$14.38.

F5 Networks Inc. (Nasdaq: FFIV) shares slid 21.7 percent to $108.64. Volume was 12,376,855, far better than the daily average of 2,678,010, after the Internet-traffic software company projected second-quarter revenue below Wall Street expectations.

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HOMS gets lift, SLGLF active, GERS in red

Thursday, January 20th, 2011

Homeland Security Capital Corp. (OTCBB: HOMS) leaped 160 percent to 3.9 cents Thursday morning. Volume was 3.9 million shares, trumping a daily average of only 155,650. HOMS is an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief, and security solutions to government and commercial customers.

Silverado Gold Mines Ltd. (OTCBB: SLGLF) traded in 18.7 million shares before midday Thursday, catching up to a full-day average of 19.3 million. Prices for the stock suffered, though, by 20.8 percent to 38-100ths of a cent. Vancouver-based SLGLF is an exploration-stage enterprise focused on the exploration of gold properties with some past production.

Greenshift Corp. (OTCBB: GERS) saw its share prices cut in half to one-100th of a cent. Volume for the stock was 1.2 million shares, way behind its daily average of 64.1 million.

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IPCI aces, WFC busy, MAG ragged

Wednesday, January 19th, 2011

Intellipharmaceutics International (Nasdaq: IPCI) went higher 18 percent to close Wednesday at $6.04. Volume of 181,460 shares ran away from its full-day average of 27,753. IPCI is a pharmaceutical company specializing in the research, development and manufacture of novel and generic controlled release and targeted release oral solid dosage drugs.

Wells Fargo & Company (NYSE: WFC) dealt in 50,557,742 shares, topping its full-day average of 33,984,900. Share prices dropped, however, by 1.9 percent to $31.86. WFC posted net income attributable to common shareholders of $3.2 billion, or 61 cents per share, matching analyst expectations. Last year, profit of $394 million, or eight cents per share, was sharply reduced by preferred dividends paid under the government bailout.

Magnetek Inc. (NYSE: MAG) surrendered 15.4 percent Wednesday to $1.65. Volume of 271,367 shares more than doubled its average daily volume of 106,631. MAG, which provides digital power control systems North America, announced Wednesday it would release second-quarter financial numbers on Feb. 9.

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