ELCR in gear, CMGR shines bright, WLSI sinks

Posted on 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

Tags: , , ,
Posted in Consumer Discretionary Stocks, Health Care Stocks, Penny Stocks, Technology Stocks by Glenn | No Comments »


ASTC in orbit, C sells widely, IRE gloomy

Posted on 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.

Tags: , , , ,
Posted in Financial Stocks, Industrial Stocks, Penny Stocks, Technology Stocks by Glenn | No Comments »


END ends well, YHOO trades widely, BBXT fades

Posted on 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.

Tags: , , , , , , ,
Posted in Energy Stocks, Financial Stocks, Technology Stocks by Glenn | 1 Comment »


SIRI Update — No News from Howard Stern Today

Posted on Thursday, November 18th, 2010

A report on TheStreet.com stated that the jewel in Sirius XM’s (Nasdaq: SIRI) crown, Howard Stern, was planning to make an announcement today about his future with the satellite radio provider.

Sirius XM spokesperson, Patrick Reilly said that the whole thing was a big misunderstanding between TheStreet.com and comments made by Sirius XM’s CFO, David Frear in response to a question about Stern’s future.

Responding to a question about Stern and his contract, Frear asked whether the person was a Sirius XM subscriber. When the inquisitor said she wasn’t, Frear told her to go “buy a radio this afternoon” so she could tune into Stern’s show, according to Reilly.

Twitter was abuzz with Howard Stern talk this afternoon And even if nothing new was reported today, there are still plenty of lingering questions about Stern and Sirius’s future — with or without him.

Tags: , ,
Posted in Penny Stocks, Technology Stocks by admin | No Comments »


NYNY comes up nuggets, MSFT big trader, LPTH slides

Posted on Thursday, November 18th, 2010

Empire Resorts Inc. (NasdaqGM: NYNY) gained 25.83 percent in price in Thursday afternoon trade to $1.51 Volume of 1,969,508 shares left its usual share volume of 164,241 in the dust. The casino operator announced last week that its wholly-owned subsidiary, Monticello Casino and Raceway, has added electronic roulette games to its increasingly diverse slot offerings.

Microsoft Corp. (NasdaqGS: MSFT) was among Thursday’s volume kingpins, trading in 46,986,893 shares Thursday afternoon, approaching its usual daily volume of 61,528,900 shares. Shares of the software giant inched up 1.17 percent to $25.87. Following the successful launch of Microsoft Dynamics GP 2010, MSFT announced Thursday that the upcoming release of Microsoft Dynamics GP 2010 R2 will provide midsize customers with new contextual business intelligence capabilities and additional ease-of-use features that make actionable information more accessible than before to people across an organization.

LightPath Technologies Inc. (NasdaqCM: LPTH) fell in price Thursday by 12.61 percent to $1.97. Volume of 56,602 shares narrowly bested the company’s usual daily volume of 39,762 shares. The Orlando-based global manufacturer, distributor and integrator of patented optical components and assemblies announced Wednesday that it has expanded its direct selling channels in China as part of its strategy to deliver high volumes of aspheric lenses to Asian manufacturers of optical equipment.

Tags: , , , , , ,
Posted in Consumer Discretionary Stocks, Technology Stocks by Glenn | No Comments »


« Older Entries
Newer Entries »