JGPK hits peak, CMGR moves shares, SPRA spurred back

Posted on Wednesday, November 17th, 2010

Jagged Peak Inc. (OTCBB: JGPK) ballooned in price by 471.43 percent Wednesday afternoon to 40 cents. Volume of 4,000 shares trumps JGPK’s 3-month daily average of 1,012.

Camelot Entertainment Group Inc. (OTCBB: CMGR) traded in 769,140,544 shares Wednesday. Its price moved skyward 333.33 percent to 13-100ths of a cent. CMGR announced today that Camelot Distribution Group has signed a domestic deal for all-media rights with Grindstone Entertainment Group for its action movie “Fink!”, to be released through Lionsgate Home Entertainment in 2011.

Spur Ranch Inc. (OTCBB: SPRA) slid 92 percent in price Wednesday to 10 cents, on volume of 61,667 shares. Austin-based SPRA announced the formation of Spur Ranch Holdings, Inc., a wholly-owned subsidiary of Spur Ranch, Inc. Spur Ranch Holdings, Inc. is an equestrian-themed real estate development company that plans to offer the very finest amenities associated with high-end, exclusive, country club living.


IDT moves up, CSCO passes volume avg., CRC falls

Posted on Wednesday, November 17th, 2010

IDT Corporation (NYSE: IDT) increased 9.69 percent in price Wednesday to $22.18. Volume was 587,063 shares, more than doubling its daily average. IDT is a consumer services company with operations primarily in the telecommunications and energy industries

Cisco Systems Inc. (NasdaqGS: CSCO) Wednesday dealt in 71,003,842 shares, surpassing its three-month daily average of 67,852,400. CSCO shares inched forward 0.69 percent to $19.57. CSCO today announced that it leads in total USGv6 certification for routers, switches and firewalls, aligning with President Barack Obama’s recent directive that all U.S. government agencies upgrade their IT infrastructures in support of Internet Protocol version 6 (IPv6), as the remaining pool of IPv4 addresses shrinks.

Chromcraft Revington Inc. (AMEX: CRC) fell in price Wednesday afternoon by 18.5 percent to $1.63. Volume of 40,675 shares, dwarfed its three-month daily average of 3,592. Tuesday, CRC reported sales of $13,808,000 and a net loss of $1,933,000 for the three months ended October 2, 2010 as compared to sales of $16,030,000 and a net loss of $979,000 for the prior year period.


CDTI streaks ahead, LVS sells widely, CARV slumps

Posted on Wednesday, November 17th, 2010

Clean Diesel Technologies Inc. (NasdaqCM: CDTI) increased 20.68 percent in price Wednesday to $14.26. Volume was 161,147 shares, compared to its daily average of 44,833. The Ventura, Calif. company is a vertically integrated global manufacturer and distributor of emissions control systems and products, focused in the heavy duty diesel (HDD) and light duty vehicle (LDV) markets.

Las Vegas Sands Corp. (NYSE: LVS) Wednesday dealt in 42,983,170 shares, surpassing its three-month daily average of 32,378,300. LVS shares fell 0.56 percent to $45.97. LVS is a Fortune 500 company and the leading global developer of destination properties (integrated resorts) that feature premium accommodations, world-class gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants, and many other amenities.

Carver Bancorp Inc. (NasdaqGM: CARV) fell in price Wednesday afternoon by 22.27 percent to $2.20. Volume was 12,420 shares, more than double its three-month daily average. CARV is the holding company for Carver Federal Savings Bank.


KV surges, BAC trades, JTX swoons

Posted on Wednesday, November 17th, 2010

KV Pharmaceutical CLA (NYSE: KV-A) increased 14.69 percent in price Wednesday to $2.42. Volume was 480,021 shares, rapidly catching up on its daily average of 548,417. The St. Louis-based KV announced today that it has entered into an agreement with US Healthcare I, L.L.C. and US Healthcare II, L.L. C. affiliates of New York-based Centerbridge Partners, L.P for a senior secured debt financing package of up to $120 million.

Bank of America Corp. (NYSE: BAC) was a volume leader Wednesday, dealing in 71,100,577shares, compared to its three-month daily average of 196,016,000. The carmaker saw its stock price skid 1.63 percent to $11.74. BAC was ordered by a U.S. judge to return $500 million of deposits it seized from Lehman Brothers Holdings Inc shortly after Lehman’s record bankruptcy.

Jackson Hewitt Tax Service Inc. (NYSE: JTX) fell in price by noon Wednesday by 18.88 percent to 82.74 cents. Volume was 1,954,063 shares, more than four times its three-month daily average.


TRYF, ZAAP lead small-cap brigade, DIRV provides drag

Posted on Wednesday, November 17th, 2010

Trycera Financial, Inc. (OTCBB: TRYF) gained 21.15 percent in price to 6.3 cents Wednesday on 7.08 million shares. TYRF today announced that it has entered into a licensing agreement with Simply Budgets to allow Trycera prepaid cardholders access to card-based money management services that include budgeting, debt management and savings tools. TRYF focuses on marketing financial products and services.

ZAP (OTCBB: ZAAP) picked up 12.61 percent in price to 67 cents Wednesday, on volume of 190,806 shares. ZAAP engages in the development, acquisition, and commercialization of electric vehicles and electric vehicle power systems in the United States

Direct View Holdings, Inc. (OTCBB: DIRV) slid in price by 91.3 percent to 13 cents, on volume of 20,000 shares. Monday, DIRV announced today that its Board of Directors declared a stock dividend payable in shares of its common stock to its stockholders of record on November 9, whereby each stockholder would receive nine shares of common stock for each one share owned on the record date.