Archive for the ‘Technology Stocks’ Category

MITD leaps, CCTR active, ASVP dives

Thursday, January 6th, 2011

MIT Holding Inc. (OTCBB: MITD) skyrocketed 340 percent in price to 11 cents Thursday. Volume was 469,670 shares, compared to an average of 16,877. MITD, through its three wholly owned subsidiaries, distributes wholesale pharmaceuticals, administers intravenous infusions, operates an ambulatory center where therapies are administered, and sells and rents home medical equipment.

China Crescent Enterprises Inc. (OTCBB: CCTR) traded widely Thursday, dealing in 89 million shares, compared to a daily average of 22.7 million. Share prices were 15-100ths of a cent, down 6.3 percent from Wednesday.

American TonerServ Corp. (OTCBB: ASVP) fell 48.6 percent in price Thursday to 72-100ths of a cent, on volume of 128,500 shares, compared with 43,346 shares normal average. ASVP is a leader in the highly fragmented $6-billion printer supplies and services industry.

BTC soars, MSFT deals, ANTP fazed

Thursday, January 6th, 2011

Community Bankers Trust Corp. (AMEX: BTC) grew 36.1 percent in price Thursday to $1.47. Volume of 253,884 shares better than tripled its normal volume. Virginia-based BTC the holding company for Essex Bank.

Microsoft Corp. (Nasdaq: MSFT) traded in 65,285,889 shares traded, surpassing its daily average of 56,645,700. Prices for the stock gained 2.5 percent to $28.96. Thursday, MSFT unveiled the next generation of the Microsoft Surface experience featuring PixelSense technology.

Phazar Corp. (Nasdaq: ANTP) fell 17 percent in Thursday trading to $4.48. Volume for the stock was 51,639 shares, short of its daily average of 63,499, after announcing it was dropping its True Mesh Network Radio program.

VRX jumps, NVDA busy, REE falls

Thursday, January 6th, 2011

Valeant Pharmaceuticals International (NYSE: VRX) grew 16 percent in price Thursday to $34.75. Volume of 13,353,461 shares nearly quadrupled normal volume. Canada-based VRX is a multinational specialty pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of neurology, dermatology and branded generics.

NVIDIA Corp. (Nasdaq: NVDA) did lots of business late Thursday, with 68,704,486 shares traded, four times its daily average. Prices for the stock gained 11.7 percent to $18.97. NVIDIA today announced the expansion of its NVIDIA® 3D Vision™ ecosystem with the addition of new 3D-enabled PCs and monitors by Lenovo.

Rare Element Resources Ltd. (AMEX: REE) fell 13.7 percent in Thursday trading to $13.85. Volume for the stock was 9,941,563 shares, nearly doubling its daily average. REE announced final 2010 assay results from seven additional rotary (reverse circulation) holes drilled on the Sundance Gold Project, Wyoming.

ERFW wired, ESYR active, CYIO flounders

Thursday, January 6th, 2011

ERF Wireless Inc. (OTCBB: ERFW) rose 108.7 percent in price to 2.4 cents Thursday. Volume for the stock was 5.75 million, way over its normal daily average of 1.84 million. The Texas-based ERFW is a leading provider of enterprise-class wireless broadband products and services.

EcoSystem Corp. (OTCBB: ESYR) dealt in 70.6 million shares Thursday, compared to a daily average of 29.2 million. Prices were flat, however, at one-100th of a cent. ESYR is innovating industrial-scale applications of bioreactor technology that are designed to resolve compelling ecological challenges while producing valuable products.

CYIOS Corp. (OTCBB: CYIO) saw its price take a header Thursday, falling 41.7 percent to seven-10ths of a cent. Volume for the stock was 150,000 shares, nearly double its daily average. CYIO makes CYIPRO, a business transformation tool that utilizes the first project based operating system.

LXRX jumps, INTC high volume, KOOL cools

Thursday, January 6th, 2011

Lexicon Pharmaceuticals Inc. (Nasdaq: LXRX) shot 31.8 percent in price Thursday to $1.99. Volume was an astonishing 15,051,137 shares, whereas normal volume is below one million. The Texas-based biopharmaceutical concern announced data from a recently completed clinical trial and mechanistic study of a solid oral dose formulation for LX4211, a dual inhibitor of sodium-glucose co-transporters 1 and 2 (SGLT1 and SGLT2).

Intel Inc. (Nasdaq: INTC) traded in 69,323,510 shares, surpassing a full-day average of 54,361,400. Prices for the stock lost 1.2 percent to $20.69, as the fallout from the impending purchase of McAfee by Intel.

Thermogenesis Corp. (Nasdaq: KOOL) fell 11.6% to $3.28 Thursday, on volume of 358,525 shares, better than 3 ½ times its daily average. KOOL, a leading supplier of innovative products and services that process and store adult stem cells, said today it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC).