ELCR in gear, LFBG high volume, CGFIA loses luster

Posted on Monday, November 15th, 2010

Electric Car Company Inc. (OTCBB: ELCR) saw its stock price double in mid-day trading Monday to one-100th of a cent, on volume of 91.1 million shares.  The Springfield, Mo.-based company specializes in electric conversions and manufacturing for the Livery, Fleet and Private Specialty Markets.

Left Behind Games (OTCBB: LFBG) proved one of the most active of micro-caps trading in the early afternoon Monday, dealing in 72,844,074 million shares. Stocks gained nearly 15 percent to $0.01. The Murrieta, Calif.-based video game maker is the only publicly-traded, exclusive publisher of Christian video game software.

Colorado Goldfields Inc. (OTCBB: CGFIA) stumbled in price 14.29 percent in early afternoon trading Monday to 18-100ths of a cent. Volume in this stock was 16.47 million shares. The junior miner is based out of Lakewood, Colo.

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Posted in Consumer Discretionary Stocks, Energy Stocks by Glenn | No Comments »


AIB reacts to EU speculation, BAC deals widely, RINO slumps on profit news

Posted on Monday, November 15th, 2010

Allied Irish Banks, PLC (NYSE: AIB) pumped stronger in price by 10.10 percent approaching midday in New York, to $1.14. Volume in this stock 3,451,782 shares, just shy of its three-month daily average of 4,945,550 shares.  Shares of Allied Irish picked up as speculation increases Ireland will get some sort of bailout from the European Union.

Bank of America Corp. (NYSE: BAC) proved quite the active stock in Monday morning trading, exchanging 46,667,839 shares. Normal daily share volume is around 194,841,000. BAC shares gained 0.99 percent in price to $12.25. BAC said Monday 30-day- plus credit-card delinquencies fell to 5.60 percent in October from 5.71 percent in September. Write-offs rose to 10.15 percent from 9.99 percent on an annualized basis. The information was disclosed in a regulatory filing.

RINO International Corporation (NasdaqGS: RINO) listed downward 23.07 percent by midday Monday in New York to $8.47. Volume of 3,408,627 more than quadrupled its 3-month average for an entire day. The clean energy company reported net income was $8.8 million, or 31 cents a share, compared with $17.1 million, or 68 cents a share, last year. Revenue fell 17 percent to $52.1 million.

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Posted in Energy Stocks, Financial Stocks by Glenn | No Comments »


BUCY jumps on M&A news, F sells on Focus news, THOR skips a beat

Posted on Monday, November 15th, 2010

Bucyrus International Inc. (NasdaqGS: BUCY) exploded in price 28.67 percent to $89.58 Monday morning. Its pre-noon volume of 18,060,713 shares dwarfs its full-day average high of 1,896,260.  The jump comes on word that Caterpillar, the world’s largest maker of mining and construction equipment, is making a try for a $8.6-billion acquisition of Bucyrus International, a maker of draglines, drill, shovels and other equipment used by coal miners.

Ford Motor Company (NYSE: F) was among the volume leaders Monday morning, dealing in 83,650,404, surpassing the car maker’s average daily volume.  The shares price hiked 4.23 percent to $16.99. Ford announced Monday that it will introduce the battery-powered Focus compact, its first all-electric passenger car, in 19 U.S. cities in late 2011.

Thoratec Corp. (NasdaqGS: THOR) headed south in price 19.22 percent as Monday’s clock approached noon to $25.00. Volume was 7,367,749 shares, better than seven times its daily average.  The Pleasanton, Calif.-based heart device maker made news last week in announcing it was selling its diagnostic test business to private equity firm Warburg Pincus LLC for $55 million.

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Posted in Consumer Discretionary Stocks, Health Care Stocks, Industrial Stocks by Glenn | No Comments »


Early NYSE volume movers: Citigroup (NYSE: C), GTN.A, GKK tumbles

Posted on Monday, November 15th, 2010

Gray Television Inc, (NYSE: GTN.A) jumped 9.68 percent in price Monday morning to $1.70. Volume was 370 shares, compared to a three-month daily average of 1,458. The Atlanta-based Gray is a television broadcast company, currently operating 36 television stations serving 30 markets.

Citigroup Inc. (NYSE: C) proved the early volume leader in Monday trading, exchanging 103,146,803 shares, compared to its daily average of 470,269,000. C shares gained 1.17 percent to $4.34 in the first 90 minutes of trading. Bank stocks in general were busy Monday, amid increased speculation Ireland will get some sort of bailout from the European Union.

Gramercy Capital Corp. (NYSE: GKK) tumbled 11.17 percent in price to $15.50. Volume was 5,730 shares; three-month averages were not available at press time.

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Posted in Consumer Discretionary Stocks, Financial Stocks by Glenn | No Comments »


LNG has juice, GE has strong volume, CMT staggers

Posted on Thursday, November 11th, 2010

Cheniere Energy Inc. (AMEX: LNG) gained 0.44 percent in price to close Thursday afternoon at $4.57. Volume in LNG was 4,587,302, more than eight times its normal share volume in one day. The Houston-based LNG last Friday reported a net loss of $40.6 million, or $0.73 per share for the quarter ended September 30, 2010 compared with a net loss of $42.5 million, or $0.80 per share, for the comparable 2009 period.

General Electric Company (NYSE: GE) was among the market’s volume leaders Thursday, with 45,024,341 shares, even though that figure was lower than its three-month daily average of 60,065,800 shares. The company slid 1.21 percent in price to close trading Thursday at $16.35.  Thursday, the company announced plans to use 25,000 electric vehicles in its fleets by 2015.

Core Molding Technologies Inc. (AMEX: CMT) took a thumping in price Thursday, falling 15.77 percent to close at $4.38. Share volume was 49,557, trampling its daily average volume of 3,532. Columbus, Ohio-based CMT reported Q3 net income of $307,000 or $.04 per share, compared with net income of $849,000, or $0.13 per basic share, in the third quarter of 2009.

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Posted in Energy Stocks, Industrial Stocks, Technology Stocks by admin | No Comments »


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