ZOOM takes off, BAC busy, EMKR loses traction

Posted on Wednesday, December 22nd, 2010

Zoom Technologies Inc. (Nasdaq: ZOOM) hiked 37.07 percent in price Wednesday to $5.25. Volume of 4,118,839 shares blew its daily average of 167,512 out of the water. Zoom Technologies is a holding company with subsidiaries that engage in the manufacturing, research and development, and sale of electronic and telecommunication products for the latest generation mobile phones.

Bank of America Corp. (NYSE: BAC) traded in 122,766,272 shares, catching up to its daily average of 214,627,000. Share prices gained 3.35 percent by noon to $13.41.

EMCORE Corp. (Nasdaq: EMKR) fell 20.13 percent in price Wednesday to $1.27, on volume of 3,157,836 shares, nearly four times its full-day average. The Albuquerque-based EMKR is a leading provider of compound semiconductor-based components.

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Posted in Financial Stocks, Industrial Stocks, Technology Stocks by Glenn | No Comments »


SENZ jumps, FLTT high volume, HTEC takes header

Posted on Wednesday, December 22nd, 2010

Sport Endurance, Inc. (OTCBB: SENZ) sprinted ahead 134.55 percent Wednesday to 1.29 cents. Volume totaled 1.4 million shares, outdistancing its full-day average of 1.15 million. SENZ is a health supplement company based in Salt Lake City.

Flint Telecom Group Inc. (OTCBB: FLTT) showed impressive volume among micro-caps Wednesday, trading in 80.4 million shares, more than triple its full-day volume. Prices soared 38.46 percent to 18-100ths of a cent. The company, located in Overland Park, Kansas, announced last week that its Indian subsidiary will likely commence prepaid debit cards and remittance services to Indian banks and their customers as early as next quarter.

Hydron Technologies Inc. (OTCBB: HTEC) stumbled in price Wednesday 56.52 percent to one-10ths of a cent. Volume was 187,830 shares, compared to 4,267, its normal full-day average. The Company markets cosmetic and oral health care products.

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


LEGC shakes a leg, C active, CAK backtracks

Posted on Wednesday, December 22nd, 2010

Legacy Bancorp Inc. (Nasdaq: LEGC) added 42.21 percent in price Wednesday to $12.23. Volume of 140,153 shares towered over its daily average of 5,931. The Pittsfield, Mass., bank-holding company will acquired by Berkshire Hills Bancorp Inc. for $13 a share in stock and cash.

Citgroup Inc. (NYSE: C) traded in 146,817,000 shares, making it a volume leader as it made progress against its daily average of 554,823,000. Share prices slid 0.74% to $4.70.

CAMAC Energy Inc. (Amex: CAK) gave back 24.24 percent in price Wednesday to $2.00, on volume of 2,872,639 shares, nearly six times its full-day average. The energy firm entered into definitive agreements yesterday to sell in a registered direct offering an aggregate of approximately 9.09 million shares of its common stock at a price of $2.20 per share.

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PPHM gets oomph, GE trades widely, NAII loses strength

Posted on Monday, December 20th, 2010

Peregrine Pharmaceuticals Inc. (Nasdaq: PPHM) added 34.34 percent in price Monday to close at $2.23. Volume of 3,418,741 shares proved more than five times its daily average. The Calif.-based PPHM, a clinical-stage biopharmaceutical company today announced the completion of enrollment in the company’s Phase II dose confirmation trial of Cotara® in patients with recurrent glioblastoma multiforme (GBM), the deadliest form of brain cancer.

General Electric Company (NYSE: GE) traded in 40,410,548 shares, making it a volume leader, but falling short of its daily average of 59,801,500. Share prices were flat at $17.70. GE has received and is reviewing the engineering performance standards issued today by the U.S. Environmental Protection Agency for the second phase of the Hudson River dredging project, one of the largest environmental cleanups ever conducted in the United States.

Natural Alternatives International Inc. (Nasdaq: NAII) gave back 13.97 percent in price Monday to $5.85, on volume of 231,737 shares, swarming its daily average of 15,446. NAII, based in San Marcos, Calif., is a leading formulator, manufacturer and marketer of customized nutritional supplements.

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Posted in Health Care Stocks, Technology Stocks by Glenn | No Comments »


GBE is a star, MSFT busy, SGOC sinks

Posted on Monday, December 20th, 2010

Grubb & Ellis Co. (NYSE: GBE) added 18.26 percent in price Monday to $1.36. Volume of 1,407,630 shares proved more than four times its full-day average. GBE is a leading real estate services and investment firm out of Santa Ana, Calif.

Microsoft Corp. (Nasdaq: MSFT) traded in 33,909,397 shares, making it a volume leader, but still below its daily average of 61,214,100. Share prices moved down 0.37 percent to $27.80. Microsoft and China Mobile signed a strategic cooperation memorandum on Friday.

SGOCO Technology, Ltd. (Nasdaq: SGOC) gave back 37.12 percent in price Monday to $5.03, on volume of 230,400 shares, its daily average not available at press time. The Chinese-based SGOC is a national distributor, designer and manufacturer of flat panel displays.

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Posted in Industrial Stocks, Technology Stocks by Glenn | No Comments »


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