SINO sets sail, INTC benefits from upgrade, ASTI stumbles

Posted on Thursday, November 11th, 2010

Sino-Global Shipping America (Nasdaq: SINO) enjoyed a 20-percent spike in price in late trading Thursday to $3.06. Volume in SINO was only 22,048, which is still five times its normal average volume. SINO is a leading, non-state-owned provider of shipping agency services operating primarily in China.

Intel Corporation (Nasdaq: INTC) traded in 52,665,889 shares, and even though that’s below its daily average of 69,476,600 shares, it was still enough to make “Mr. Chips” one of the market’s volume leaders. The chip-maker forged ahead 0.59 percent to $21.17. Thursday, an analyst at Morgan Stanley raised his rating on INTC to “Overweight” from “Equal Weight”, while setting a price target of $26.

Ascent Solar Technologies Inc. (NasdaqGM: ASTI) was bruised 14.25 percent in price to $3.91 in late Thursday trading. Volume in ASTI was a healthy 2,058,979 shares, more than quadruple its daily average volume.  The photovoltaic module maker, based out of Thornton, Colo., said its share sale was priced at a nine-percent discount to its Wednesday close.

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FTK shoots higher, S transmits volume, RINO wounded

Posted on Thursday, November 11th, 2010

Flotek Industries, Inc. (NYSE: FTK) gained 24.42 percent in price to $2.70. Volume in FTK stock Thursday was 3,166,940 shares, or nearly nine times its average. The Houston-based FTK manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and manages automated bulk material handling, loading and blending facilities. Wednesday, it announced Q3 revenues $40.0 million, an increase from $23.8 million in the third quarter of 2009. The Company posted a Q3 net loss attributable to common shareholders of$2.4 million, an improvement over $23.9 million in the third quarter of 2009.

Sprint Nextel Corporation (NYSE: S) did business amounting to 54,253,794 shares Thursday, compared to its daily average of 44,550,900. S added 1.9 percent in price to $4.01 as the final bell was getting ready to sound. Sources say Sprint and Clearwire (Nasdaq: CLWR) are arguing smart phone payments, S having initiated arbitration proceedings to resolve the dispute.

RINO International Corporation (NasdaqGS: RINO) took a price hit late Thursday, dropping 17.75 percent to $10.84. Volume in RINO was 5,808,674 shares, or nearly eight times the normal volume. The Chinese-based clean technology firm has set Monday as announcement date for its third-quarter financial results.

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NATC, HEWA, LNWZ enjoy hefty gains

Posted on Thursday, November 11th, 2010

Nature’s Call Brands, Inc. (OTCBB: NATC) boosted its stock price 50 percent to $0.15, on volume of 50,000 shares. NATC is based in Las Vegas, and is focused on the acquisition and exploration of international gold and silver mining properties located in regions that enjoy stable politics, sound economies and friendly business environments.

HealthWarehouse.com, Inc. (OTCBB: HEWA) gained 24 percent in price Thursday to $3.10. Volume in the stock was 12,514 shares. The Cincinnati-based retail mail-order pharmacy, announced Wednesday that it has placed a total of $4.3 million in equity and convertible debt with independent investors.

League Now Holdings Corp. (OTCBB: LNWZ) ballooned in price 248.96 percent Thursday afternoon to $0.43 cents on 4,200 shares. The stock has enjoyed a 52-week trading range of up to $5.58, prior to a recent 16:1 forward split.

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HLYS hale, SIRI has high volume, NASB flounders

Posted on Thursday, November 11th, 2010

Heelys, Inc. (NasdaqCM: HLYS) had a stellar early afternoon Thursday, climbing 23.59 percent to $3.51. Volume in the stock surmounted 2,512,432 where it would normally be around 61,000.  The Carrollton, Texas-based sports shoe maker reported Wednesday about its Nano™ shoe-skate, which creates a hybrid skate system by working with Heelys to create a stable platform for the front foot, allowing the user’s rear foot to build momentum, carve sharp turns, and perform a wide variety of tricks.

Sirius XM Radio Inc. (NasdaqGS: SIRI) broke towards the top of the pack among volume leaders, trading 44,142,343 shares Thursday, in comparison to a full-day average of 75,408,100. Those shares slid a bit in price, though, by 1.71 percent to $1.43, on word that a Knight Libertas media and telecom analyst raised her SIRI price target to $1.67 from her previous fair value estimate of $1.32-$1.48.

NASB Financial, Inc. (NasdaqCM: NASB) struggled Thursday in afternoon trading, falling in price 17.46 percent to $15.65. Volume in NASB was 9,305 shares, only slightly above its daily average of 7,171. NASB operates a retail banking operation in Missouri and Kansas.

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CPC soars, ALU sells, ARBX trips

Posted on Thursday, November 11th, 2010

Chemspec International Limited (NYSE: CPC) positively sang in early afternoon trading Thursday, chugging ahead 20.89 percent to $7.64. Volume in CPC was 178,054 shares, nearly quadruple its daily volume average. The Shanghai-based contract manufacturer of highly-engineered specialty chemicals has set Friday morning to announce its third-quarter financial results.

Alcatel-Lucent (NYSE: ALU) reported wide volume of 41,327,621 shortly after noon ET, nearly triple its full-day volume average. Shares took a bit of a beating, 3.18 percent, to $3.04.  The Las Vegas-based transformation partner reported Thursday that its IPTV Micro-Architecture solution designed for underserved smaller local and regional markets garnered a TelcoTV Vision Award in the “Most Innovative Middleware” category at TelcoTV 2010, the largest video conference and expo focused on the U.S. service provider market.

Arbinet Corporation (NasdaqGM: ARBX) got stung Thursday afternoon 21.02 percent in price to register at $5.45. Volume was 23,083 shares, in contrast to usual volume of 3,545. The telecommunications concern, based in Herndon, Va., reported Thursday total revenues for the third quarter 2010 were $85.2 million, a 1.4% increase from total revenues of $83.9 million for the third quarter 2009. Third-quarter 2010 gross profit was$3.5 million, down 6.8% compared with $3.8 million in the third quarter 2009

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