Archive for December, 2010

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MITD soars, WLSI high volume, SGGV slumps

Thursday, December 16th, 2010

MIT Holding Inc. (OTCBB: MITD) climbed 400 percent Thursday to 3.5 cents. Volume was 15,120 shares, eclipsing its full-day average of 6,023. The Company, 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.

Wellstar International Inc. (OTCBB: WLSI) traded widely in 71.22 million shares, outdistancing its daily average of 66.6 million. Prices were flat, though, at one-100th of a cent. WLSI is a provider of specialized diagnostic software and equipment.

Sterling Group Ventures Inc. (OTCBB: SGGV) plummeted 53.85 percent Thursday to six cents. Volume for the stock was 89,500, trampling a daily average of 3,415.

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ACLS excels, MSFT gains, THLD throttled

Thursday, December 16th, 2010

Axcelis Technologies Inc. (NasdaqGS: ACLS) gained 12.91 percent in price Thursday to $3.41. Volume of 1,723,617 shares nearly doubled its full-day average.  The Mass-based ACLS announced that its IntegraTM ES plasma dry strip system has been selected as the process tool of record by one of the world’s largest semiconductor manufacturers.

Microsoft Corp. (NasdaqGS: MSFT) traded Thursday in 32,635,809 shares, or about half its full-day average. MSFT share prices gained 0.22 per cent, to $27.90. Microsofts’s board of directors Wednesday declared a quarterly dividend of $0.16 per share.

Threshold Pharmaceuticals Inc. (NasdaqCM: THLD) lost 10.61 percent Thursday to $1.18. Volume of 236,558 shares more than tripled its full day average. The California-based THLD is a biotechnology company focused on the discovery and development of drugs targeting Tumor Hypoxia, the low oxygen condition found in microenvironments of most solid tumors.

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CWS springs higher, MOT active, KONE sinks

Thursday, December 16th, 2010

China Wind Systems Inc. (Nasdaq: CWS) gained 17.99 percent in price Thursday to $3.41. Volume of 236,605 shares trampled its full-day average of 77,302. CWS is a leading supplier of forged rolled rings and other forged components to the wind power and other industries and industrial equipment primarily to the textile industry in China.

Motorola Inc. (NYSE: MOT) traded Thursday in 55,247,292 shares, nearly doubling its full-day average. MOT share prices gained 5.19 per cent, to $8.91. Nokia Siemens Networks on Wednesday won approval from the European Union (EU) to buy the U.S. -based Motorola Network Business.

Kingtone Wirelessinfo Solution Holding Ltd (NasdaqCM: KONE) reversed 9.79 percent Thursday to $3.41. Volume of 211,373 shares more than doubled its full day average. KONE is a leading China-based software and solutions developer focused on wirelessly enabling businesses and government agencies.

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OCZ takes off, BAC busy, RGS misfires

Thursday, December 16th, 2010

OCZ Technology Group Inc (NasdaqCM: OCZ) gained 16.55 percent in price Thursday to $4.79. Volume of 3,360,842 shares trampled its full-day average of 187,183. San Jose-based OCZ, a leading provider of high-performance solid-state drives (SSDs) and memory modules for computing devices and systems, today announced that certain shareholders of OCZ Technology Group, Inc. have signed definitive agreements with various institutional and accredited investors for the sale of OCZ common stock. OCZ will not receive any of the proceeds of such sale.

Bank of America Corp. (NYSE: BAC) traded Thursday in 135,742,489 shares, catching up on its daily average of 211,203,000. BAC share prices gained 3.13 per cent, to $12.68.

Regis Corp. (NYSE: RGS) reversed 10.31 percent Thursday to $16.44. Volume of 3,063,146 shares more than tripled its full day average. RGS is the global leader in the $150-$170-billion hair care industry.

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USVO spectacular, CMGR flat, DKAM loses fizz

Thursday, December 16th, 2010

USA Video Interactive Corp. (OTCBB: USVO) rocketed up 230 percent to 3.3 cents Thursday morning. Its morning volume of 226,000 triumphed over its usual full-day average of 51,108. USVO designs and markets technology for delivery of digital media.

Camelot Entertainment Group Inc. (OTCBB: CMGR) traded in 59.24 milion shares Thursday morning, rapidly catching up on its full-day average of 156.4 million. Share prices were flat, though, at two-100ths of a cent.

Drinks Americas Holdings Ltd. (OTCBB: DKAM) plunged in price 67.11 percent to 1.48 cents. Volume of 121,720 shares trailed its usual daily average of 836,076 shares. This leading developer and marketer of beverage products announced that its common stock resumed trading under the Company’s original ticker symbol “DKAM” at the opening of markets today. The stock had previously traded under the symbol “DKAMD” following the Reverse Split of November 15

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Posted in Consumer Discretionary Stocks, Technology Stocks | No Comments »

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