Archive for February, 2011

TSNI flourishes, ELCR in gear, XUN stumbles

Thursday, February 3rd, 2011

TechniScan Inc. (OTCBB: TSNI) leaped 131.8 percent in price Thursday to 51 cents. Volume for the stock was 29,580 shares, compared to normal daily volume of 16,784. TSNI is a medical device company engaged in the research, development, and commercialization of an ultrasound breast imaging system.

Electric Car Company Inc. (OTCBB: ELCR) traded in nearly 80 million shares Thursday, compared to a usual daily average of 88.4 million. Share prices doubled to two-100ths of a cent

Xun Energy Inc. (OTCBB: XNRG) hurtled earthward 39.8 percent Thursday to 10 cents, on volume of 326,810 shares, more than doubling its usual volume of 134,849. XUN’s focus is to effect a merger, exchange of capital stock, asset acquisition or other similar business combination with an operating or development stage business.

HNSN flies, SIRI trades, ANW sinks

Thursday, February 3rd, 2011

Hansen Medical Inc. (Nasdaq: HNSN) shares rocketed up 43.7 percent to $2.27, on volumes of 8.9 million, thundering ahead of its full-day average of 465,000, after Philips acquired the rights to market the company’s technology.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 51.2 million Thursday, catching an all-day average of 52.3 million. Share prices gained 3.1 percent to $1.77.

Aegean Marine Petroleum Network (NYSE: ANW) slid in price Thursday by 18.5 percent to $8.88. Volume was 3.7 million or nearly four times its daily average, after announcing fourth quarter financials.

NETL nails it, BAC busy, AFOP a flop

Thursday, February 3rd, 2011

NetLogic Microsystems Inc. (Nasdaq: NETL) shares gained 10.2 percent to $39.90, on volumes of 1.9 million, ahead of its full-day average of 1.4 million, after the semiconductor maker projected first-quarter profit above Wall Street’s estimates.

Bank of America Corporation (NYSE: BAC) traded in 45.6 million Thursday, compared to an all-day average of nearly 200 million. Share prices gained 0.9 percent to $14.36.

Alliance Fiber Optic Products (Nasdaq: AFOP) dipped in price Thursday by 21 percent to $15.40. Volume was 556,841, or nearly four times its daily average, the day after announcing fourth quarter revenues of $11,638,000, a 55-percent increase from revenues of $7,517,000 reported in the fourth quarter of 2009.

GMCR climbs, F cruises, ISIL retreats

Thursday, February 3rd, 2011

Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) shares rallied 18.2 percent to $38.96, on volumes of 4.6 million, more than double its usual share average of 2.1 million, after the maker of Keurig brewers offered a better-than-expected second-quarter profit forecast late Wednesday.

Ford Motor Company (NYSE: F) did brisk volume at the outset Thursday, trading in 20.2 million shares, making headway on an all-day average of 95.1 million. Share prices faded, though, 1.8 percent to $15.12, on news the carmaker had opened its 600th Quick Lane network store.

Intersil Corp. (Nasdaq: ISIL) shares fell 11 percent to $13.45, on volume of 3.8 million, outdistancing its average of 2.2 million, after the semiconductor company said it expects to post a first-quarter profit below consensus estimates.

BJ jumps, C solid, THQ trails off

Thursday, February 3rd, 2011

BJ’s Wholesale Club Inc. (NYSE: BJ) shares climbed 12.7 percent to $48.49, on volumes of 1.2 million shares, or nearly twice its full-day average after the retailer said it hired a financial adviser to help it explore its options, including a sale of the company.

Citigroup (NYSE: C) had its customary strong volume start Thursday, trading in 30 million shares, climbing toward its average of 556 million. Prices for C ducked back 0.2 percent to $4.84

THQ Inc. (Nasdaq: THQI) declined 14.8 percent to $5.46, on volumes of 738,000 catching up on a full-day average of 929,000, after the videogame publisher lowered its fiscal fourth-quarter earnings outlook.