RLOG proves bargains, CSCO creeps ahead, MOBI moves south

Rand Logistics Inc. (Nasdaq: RLOG) added 19% to $6.30, on volumes of 103,328 shares, or more than three times its daily average, after reporting quarterly income decreased by $470,000 to $7.9 million from $8.4 million.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 60 million shares early Monday, compared to a daily average of 84.5 million. Share prices increased 1.2% to $18.92.

Sky-Mobi Limited (Nasdaq: MOBI) dove 13.9% to $7.90 Monday, on volume of 1.2 million shares, doubling its all-day volume, after announcing quarterly revenues increased 2.5%. Net profit was RMB184.7 million ($27.7 million U.S.) in third quarter 2011, compared to net loss of RMB27.9 million in third quarter 2010.

Tags: buzz stocks, communications, CSCO, MOBI, nasdaq, RLOG, Technology Stocks

This entry was posted on Monday, February 14th, 2011 at 12:25 pm by Glenn and is filed under Technology Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.