MDXX soars, OPTZ sells, DGTW dips

Posted on Wednesday, December 22nd, 2010

Medex Inc. (Pink Sheets: MDXX) moved 22.22 percent higher in price to 11 cents. Voplume for the stock was 558,210 shares, trampling over its usual volume of 68,231 shares a day. MDXX is a medical acquisition company focused on consolidating medical supply, medical technology and assisted living and care facility companies worldwide.

Optimized Transportation Management Inc. (OTCBB: OPTZ) was a volume leader among micro-caps Wednesday, trading in 103.78 million shares, towering over an average of 16.66 million. The Pittsburgh-based OPTZ is a freight transportation services and global supply chain solution enterprise.

DigitalTown Inc. (OTCBB: DGTW) took a dive in Wednesday, losing 42.31 percent to $1.50. Volume for this stock was 25,000 shares, compared to a daily average of 9,190. DigitalTown, Inc. in Burnsville, MN, is developing a nationwide network of more than 27,000 local online communities for high school students, alumni, boosters and local citizens.


OXM celebrates, CSCO busy, BIOF backslides

Posted on Wednesday, December 22nd, 2010

Oxford Industries, Inc. (NYSE: OXM) galloped ahead 23.91 percent in price Wednesday to $27.47. Volume of 799,682 shares swamped its daily average of 143,603. OXM is an international apparel design, sourcing and marketing company.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 30,591,580 shares Wednesday, less than half, however, of its daily average of 71,916,500. Share prices for CSCO were flat at $19.53.

BioFuel Energy Corp. (Nasdaq: BIOF) fell 16.08 percent in price Wednesday to $1.67, on volume of 738,567 shares, compared to a full-day average of 491,308. The Denver-based BIOF currently has two 115 million gallons per year ethanol plants in the Midwestern corn belt.


MZBYE jumps, CMGR busy, UGDM demurs

Posted on Wednesday, December 22nd, 2010

Mezabay International Inc. (OTCBB: MZBYE) leaped in price 62.5 percent to 21-100ths of a cent. Volume was 6.69 million shares, towering over its normal volume average of 603,264 shares a day. The Company is engaged in the e-commerce business including IT consulting, programming and display advertising services.

Camelot Entertainment Group Inc. (OTCBB: CMGR) was busy in Wednesday trading, with 160.69 million shares changing hands, just shy of its usual daily average of 180.7 million. CMGR projects gross sales for 2010 to exceed $2,200,000, with revenues expected to exceed $500,000.

Universal Gold Mining Corp. (OTCBB: UGDM) scaled back 54.3 percent to 16 cents Wednesday, on volume of 58,000 shares, falling short of its daily average of 71, 543. UGDM is a gold exploration and development company aiming to develop a diversified portfolio of gold mining assets in frontier territories.


CXZ travels, JPM trades, JTX taxed

Posted on Wednesday, December 22nd, 2010

Crosshair Exploration & Mining Corp. (AMEX: CXZ) vaulted 29.14 percent in price Wednesday to $2.26. Volume of 1,673,267 shares was six times its daily average. Crosshair is a prominent player in the exploration and development of uranium, vanadium and gold in the U.S. and Canada.

JP Morgan Chase (NYSE: JPM) traded in 29,365,591 shares Wednesday, approaching its daily average of 38,702,900. Share prices gained 2.71 percent to $42.11.

Jackson Hewitt Tax Service Inc. (NYSE: JTX) fell 9.54 percent in price Wednesday to $1.75, on volume of 1,708,936 shares, nearly twice its full-day average. Based in Parsippany, N.J., JTX is an industry leading provider of full service individual federal and state income tax preparation.


WTNY rockets, SIRI beats average, BASI bumbles

Posted on Wednesday, December 22nd, 2010

Whitney Holding Corp. (Nasdaq:WTNY) raced ahead 30.45 percent in price Wednesday to $14.18. Volume of 6,284,037 shares was eight times its daily average. Whitney found itself under investigation Wednesday for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Hancock Holding Company

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 72,955,801shares Wednesday, besting its daily average of 56,868,900. Share prices gained 8.14 percent to $1.60. Technology firm BUYINS.NET ran a reverse engineering trading scan on SIRIUS, and predicted SIRI would go 39.7% higher by January 18.

Bioanalytical Systems Inc. (Nasdaq: BASI) fell 21.71 percent in price Wednesday to $2.02, on volume of 177,659 shares, 10 times its full-day average. BASI is a leader in drug development services and research instrumentation.