Archive for December, 2010

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SENZ jumps, FLTT high volume, HTEC takes header

Wednesday, December 22nd, 2010

Sport Endurance, Inc. (OTCBB: SENZ) sprinted ahead 134.55 percent Wednesday to 1.29 cents. Volume totaled 1.4 million shares, outdistancing its full-day average of 1.15 million. SENZ is a health supplement company based in Salt Lake City.

Flint Telecom Group Inc. (OTCBB: FLTT) showed impressive volume among micro-caps Wednesday, trading in 80.4 million shares, more than triple its full-day volume. Prices soared 38.46 percent to 18-100ths of a cent. The company, located in Overland Park, Kansas, announced last week that its Indian subsidiary will likely commence prepaid debit cards and remittance services to Indian banks and their customers as early as next quarter.

Hydron Technologies Inc. (OTCBB: HTEC) stumbled in price Wednesday 56.52 percent to one-10ths of a cent. Volume was 187,830 shares, compared to 4,267, its normal full-day average. The Company markets cosmetic and oral health care products.

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LEGC shakes a leg, C active, CAK backtracks

Wednesday, December 22nd, 2010

Legacy Bancorp Inc. (Nasdaq: LEGC) added 42.21 percent in price Wednesday to $12.23. Volume of 140,153 shares towered over its daily average of 5,931. The Pittsfield, Mass., bank-holding company will acquired by Berkshire Hills Bancorp Inc. for $13 a share in stock and cash.

Citgroup Inc. (NYSE: C) traded in 146,817,000 shares, making it a volume leader as it made progress against its daily average of 554,823,000. Share prices slid 0.74% to $4.70.

CAMAC Energy Inc. (Amex: CAK) gave back 24.24 percent in price Wednesday to $2.00, on volume of 2,872,639 shares, nearly six times its full-day average. The energy firm entered into definitive agreements yesterday to sell in a registered direct offering an aggregate of approximately 9.09 million shares of its common stock at a price of $2.20 per share.

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PPHM gets oomph, GE trades widely, NAII loses strength

Monday, December 20th, 2010

Peregrine Pharmaceuticals Inc. (Nasdaq: PPHM) added 34.34 percent in price Monday to close at $2.23. Volume of 3,418,741 shares proved more than five times its daily average. The Calif.-based PPHM, a clinical-stage biopharmaceutical company today announced the completion of enrollment in the company’s Phase II dose confirmation trial of Cotara® in patients with recurrent glioblastoma multiforme (GBM), the deadliest form of brain cancer.

General Electric Company (NYSE: GE) traded in 40,410,548 shares, making it a volume leader, but falling short of its daily average of 59,801,500. Share prices were flat at $17.70. GE has received and is reviewing the engineering performance standards issued today by the U.S. Environmental Protection Agency for the second phase of the Hudson River dredging project, one of the largest environmental cleanups ever conducted in the United States.

Natural Alternatives International Inc. (Nasdaq: NAII) gave back 13.97 percent in price Monday to $5.85, on volume of 231,737 shares, swarming its daily average of 15,446. NAII, based in San Marcos, Calif., is a leading formulator, manufacturer and marketer of customized nutritional supplements.

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GBE is a star, MSFT busy, SGOC sinks

Monday, December 20th, 2010

Grubb & Ellis Co. (NYSE: GBE) added 18.26 percent in price Monday to $1.36. Volume of 1,407,630 shares proved more than four times its full-day average. GBE is a leading real estate services and investment firm out of Santa Ana, Calif.

Microsoft Corp. (Nasdaq: MSFT) traded in 33,909,397 shares, making it a volume leader, but still below its daily average of 61,214,100. Share prices moved down 0.37 percent to $27.80. Microsoft and China Mobile signed a strategic cooperation memorandum on Friday.

SGOCO Technology, Ltd. (Nasdaq: SGOC) gave back 37.12 percent in price Monday to $5.03, on volume of 230,400 shares, its daily average not available at press time. The Chinese-based SGOC is a national distributor, designer and manufacturer of flat panel displays.

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ADES goes skyward, MGM does loads of business, AMN trips

Monday, December 20th, 2010

ADA-ES, Inc. (Nasdaq: ADES) tacked on 11.05 percent in price Monday to $10.85 Volume of 378,513 shares proved more than 12 times its full-day average. ADES announced that the Tax Relief and Job Creation Act of 2010 extended the “placed-in-service” date for the Section 45 tax credits by two years to January 1, 2012.

MGM Resorts International (NYSE: MGM) traded in 29,662,833 shares, making it a volume leader, but still below its daily average of 35,939,000. Share prices moved up 4.55 percent to $14.27. MGM is one of the world’s leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage.

Ameron International Corp. (NYSE: AMN) gave back 8.11 percent in price Monday to $77.29, on volume of 195,639 shares, nearly triple its daily average. AMN is a multinational manufacturer of highly-engineered products and materials for the chemical, industrial, energy, transportation and infrastructure markets.

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