ALJ leaps, PFE trades widely, SMSI sinks

Posted on Thursday, January 13th, 2011

Alon USA Energy Inc. (NYSE: ALJ) was a gainer on Thursday, picking up 13.3 percent to $7.34. Volume was 524,908, or six times its full-day volume average. Dallas-based ALJ is a controversial refiner and pipeline operator.

Pfizer Inc. (NYSE: PFE) traded in 39,682,127 shares Thursday, making it a volume leader, but still below its daily average of 45,751,100. Prices for PFE fell one percent to $18.19. PFE revealed Thursday and the company and its bankrupt Quigley unit are close to a deal with a group of alleged asbestos victims that would resolve Pfizer’s liability for billions of dollars in potential claims.

Smith Micro Software Inc. (Nasdaq: SMSI) dove 14.5 percent in price to $13.42.Volume for the stock was 2,883,996 shares or nearly six times its full-day average. The company reaffirmed earlier guidance with sales and earnings midpoints well above the average analyst estimate.


BNVI gains, MSFT active, CVVT falls hard

Posted on Thursday, January 13th, 2011

Bionovo Inc. (Nasdaq: BNVI) shares jumped 34.9 percent to $1.41 Thursday afternoon. Volume was 666,578, or nearly four times its full-day volume average. BNVI is a pharmaceutical company focused on the discovery and development of safe and effective treatments for women’s health and cancer.

Microsoft Inc. (Nasdaq: MSFT) traded in 53,058,639 shares Thursday, just a shade below its daily average of 57,799,300. Prices for the software maker tailed off 1.5 percent to $28.11.

China Valves Technology Inc. (Nasdaq: CVVT) got beaten up 16.3 percent Thursday to $7.30. Volume for the stock was 2,744,317 shares or more than five times its full-day average. CVVT is a leading Chinese metal valve manufacturer, based in Zhengzhou.


ESLP sunny, FLTT busy, SSLR cloudy

Posted on Thursday, January 13th, 2011

Euro Solar Parks Inc. (OTCBB: ESLP) ascended 208.7 percent in price to 71 cents. Volume for the stock was 26,500 shares, compared to a daily average of 4,977. ESLP develops, builds and operates commercial solar power plants with a focus on the European solar energy market.

Flint Telecom Group Inc. (OTCBB: FLTT) dealt in 65.6 million shares Thursday, compared to a daily average of 26.8 million. Prices for the stock plunged, though, by 18.2 percent to nine-100ths of a cent. FLTT is a fast growing Telecoms Technology Organization with a portfolio of companies that deliver next-generation IP communications and prepaid financial Products and Services.

Sunrise Solar Corp. (OTCBB: SSLR) slid in price 90 percent to one-10th of a cent. Volume for the stock was 21,850 shares, nosing out its daily average to 17,039. SSLR intends to commercialize and distribute cutting edge alternative solar energy technologies and equipment.


CT capital, AA does great business, MSCI muzzled

Posted on Thursday, January 13th, 2011

Capital Trust Inc. (NYSE: CT) shares climbed 22.8 percent to $2.32 Thursday afternoon. Volume was 657,552, or nearly six times its full-day volume average. CT is a finance and investment management company focused on the commercial real estate industry.

Alcoa Inc. (NYSE: AA) traded in 57,942,316 shares Thursday, more than doubling its daily average. Prices for AA were down 3.4 percent to $15.69, just days after reporting improved revenue and income figures for fiscal 2010.

MSCI Inc. Class A (NYSE: MSCI) plummeted 9.1 percent Thursday to $36.11. Volume for the stock was 1,538,410 shares or three times its full-day average after the investment analysis and market index company said margin growth may slow down in next few quarters as it increases its capital spending.


PCE pops, PAL steady, QBC reverses

Posted on Thursday, January 13th, 2011

Pacific Office Properties Trust. (AMEX: PCE) shares ballooned 75.5 percent to $3.58 early Thursday afternoon. Volume was 674,108, or more than 33 times its full-day volume average, after saying it will no longer attempt an initial public offering on the New York Stock Exchange.

North American Palladium Inc. (AMEX: PAL) traded in 5,700,732 shares Thursday, nearly doubling its daily average of 3,334,090. Prices for were up 2.6 percent to $7.38. Toronto-based PAL is a precious metals company focused on growing its production of palladium and gold in mining-friendly jurisdictions.

Cubic Energy Inc. (AMEX: QBC) fell 6.9 percent Thursday to $1.08. Volume for the stock was 192,919 shares besting its full-day average of 141,700. QBC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.