Archive for February, 2011

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AXK flies, CSCO steady, SCMF goes south

Thursday, February 17th, 2011

Accelr8 Technologies Corporation (Nasdaq: AXK) shares surged 56.9% to $3.17. Share volume was 637, 851 shares, or better than 20 times its daily average. AXK focuses to develop and commercialize an integrated system to identify bacteria and their mechanisms of antibiotic resistance in critically ill patients.

Cisco Systems Inc. (Nasdaq: CSCO) traded widely Thursday, dealing in 52.1 million shares Thursday, catching up on its daily average of 74.8 CSCO prices nipped up 0.7% to $18.70

Southern Community Financial Inc. (Nasdaq: SCMF) plummeted 14.9% in price Thursday to $1.26. Volume was 115,000 shares, better than five times its daily average, after entering into a consent order with regulators.

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MMAX to the max, ELCR floors it, MWWC mucky

Thursday, February 17th, 2011

MMax Media Inc. (OTCBB: MMAX) shares catapulted 170% Thursday to 54 cents. Volume in the stock was upwards of 128,000, or more than 10 times its daily average, after agreeing to merge with Hyperlocal Marketing, LLC.

Electric Car Company Inc. (OTCBB: ELCR) drew a lot of buyers Thursday, dealing in 127.7 million shares, compared to a daily average of 93.5 million. Share prices for ELCR were flat at one-100th of a cent.

Marketing Worldwide Corp. (OTCBB: MWWC) witnessed its price chopped in half to a penny, on share volume of 131,450 shares, nearing an average around 135,000. MWWC is a designer and manufacturer of accessories for the customization of cars, sport utility vehicles and light trucks.

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

WMB jumps, BRCD gets word out, ULBI reports

Thursday, February 17th, 2011

Williams Companies Inc. (NYSE: WMB) shares gained 7% to $29.71. Share volume was 27.3 million, or better than quadruple its daily average, a day after it said it would divide its pipeline and exploration business into two separate public companies.

Brocade Communication Systems (Nasdaq: BRCD) sold like hotcakes Thursday, trading in 28.5 million shares Thursday, already doubling its daily average. BRCD prices grew 5.3% to $6.03, with earnings set to be released after Thursday’s closing bell.

UltraLife Corporation (Nasdaq: ULBI) plummeted 11.1% in price Thursday to $5.44. Volume was 395,000 shares, better than triple its daily average, on reporting quarterly operating income of $1.6 million on revenue of $50.4 million.

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CAGC jumps, BAC busy, QTWWD slips

Thursday, February 17th, 2011

China Agritech, Inc. (Nasdaq: CAGC) shares advanced 7.3% to $7.96, on share volume of 584,738, already besting a full-day average of 417,211 after the company announced it is introducing an innovative new line of organic liquid compound fertilizers that improves crop drought resistance.

Bank of America (NYSE: BAC) proved a volume champion early on Thursday, trading in 30.1 million shares Thursday, approaching a daily average of 188 million. Share prices settled 0.2% to $14.81, after announcing Nexen had hired BAC to find B.C. Shale Gas Partners.

Quantum Fuel Systems Technological (Nasdaq: QTWWD) sank 15.6% in price Thursday to $5.04. Volume was 492,000 shares, trouncing a daily average of 59,000.

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Posted in Consumer Discretionary Stocks, Financial Stocks, Industrial Stocks | No Comments »

RBCN up, C clicks, ITRI swoons

Thursday, February 17th, 2011

Rubicon Technology Inc. (Nasdaq: RBCN) shares climbed 18.1% to $24.93. Share volumes topped four million, routing daily averages of 621,000, a day after the electronic-materials supplier projected a strong first quarter.

Citigroup Inc. (NYSE: C) dealt in 68.3 million shares Thursday, approaching a daily average of 539.1 million. Share prices crawled upward 0.1% to $4.91, after announcing some of its executives will be given stock grants.

Itron Inc. (Nasdaq: ITRI) shares fell 11.3% to $56.45, on volumes of 1.3 million shares, topping its daily average of 564,000, a day after the electric-grid provider projected guidance for 2011 beneath Wall Street’s estimates.

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