Archive for November, 2010

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PGEC zooms, HLWX sells widely, OKME less than OK

Monday, November 29th, 2010

Prestige Capital Corp. (OTCBB: PGEC) rocketed higher by 2,026.32 percent to $1.01. Volume, though, was a scant 500 shares in late morning trading on Monday. The company based in Fort Lee, New Jersey, established in 1985, is a nationwide factoring firm that serves small and mid-size companies which do not yet qualify for traditional bank financing,

Helix Wind Corp. (OTCBB: HLXW) traded in 101, 300,000 shares, and leaped in price 130 percent in late morning trading Monday to 23-100ths of a cent. The Poway, Calif.-based renewable energy company, confirmed today what many people saw and heard discussed on Monday Night Football were actual renderings of Helix Wind turbines lining the top of Lincoln Financial Field.

Oak Ridge MicroEnergy Inc. New (OTCBB: OKME) fell to almost half its Friday closing price by midday Monday, losing 98.8 percent to six cents, on 1,010 shares. OKME, based in Salt Lake City, develops and produces custom designed thin film lithium and lithium-ion batteries that are ideally suited for a variety of applications where a small power source is needed.

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AMRN flies on positive tests, C sells widely, CEU staggers

Monday, November 29th, 2010

Amarin Corp. PLC (NasdaqCM: AMRN) enjoyed a gain of gained 58.03 percent in price early Monday to $5.61. Volume in the first hour was a staggering 17,200,902 shares, trampling its three-month average share volume of 767,131. The Connecticut and Ireland-based pharmaceutical company today reported positive, statistically significant top-line results from the MARINE study, its first Phase 3 clinical trial of lead drug candidate AMR101.

Citigroup Inc. (NYSE: C) was among Monday morning’s volume leaders, trading in 104,926,884 shares, nearly a quarter of its normal daily volume of 117,592,265 shares, with its three-month average share volume pegged at 464,971,000. The banking behemoth upped its price by 0.97 percent to $4.15. C today announced that it has won a mandate to provide third-party securities lending services for Global X Funds’ family of exchange traded funds.

China Education Alliance Inc. (NYSE: CEU) fell in price early Tuesday by 12.7 percent to $3.85. Volume was 165,878 shares, its three-month average share volume not available at press time. CEU is a leading China-based company experiencing fast-growing, offering high-quality education resources and services to students ages 6 to 18 and adults (university students and professionals) ages 18 and over.

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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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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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END ends well, YHOO trades widely, BBXT fades

Thursday, November 18th, 2010

Endeavor International Corporation (NYSE: END) gained 4.4 percent in price in Thursday afternoon trade to close at $8.77 Volume of 102,795 shares was below its usual share volume of 564,506. The Houston-based oil and gas exploration and production company announced Wednesday a one-for-seven share consolidation.

Yahoo Corp. (NasdaqGS: YHOO) was among Thursday’s volume leaders, trading in 45,688,242 shares Thursday afternoon, nearly doubling its usual daily volume of 23,853,700 shares. Shares of the search engine company surge 5.2 percent to close at $16.99. Wednesday, Tippr, which operates Tippr.com, one of the largest group buying sites on the Internet, today announced a partnership with Yahoo!, Inc. to feature Tippr.com deals on Yahoo!’s new Local Offers program.

BankAtlantic Bancorp Inc. (NasdaqGM: BBXT) fell in price Thursday by 14.55 percent to $7.39. Volume of 24,799 shares was more than eight times the company’s usual daily volume.

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