Posts Tagged ‘buzz stocks’

BIOR leads way, JUNP jumps with activity, CNSV drops

Wednesday, February 2nd, 2011

Biodrain Medical Inc (OTCBB: BIOR) stole the thunder from most other micro-caps Wednesday, growing 190.9 percent to 32 cents, on volume of 50,000 shares, quadruple its usual share volume. BIOR an early-stage medical device company and its mission is to provide hospitals and surgical centers an effective, efficient and affordable means to safely dispose of contaminated fluids generated in the operating room.

Juniper Group Inc. (OTCBB: JUNP) was a volume leader among micro-caps, dealing in 286.7 million shares, dwarfing its usual average of 12.7 million. Share prices also leaped, 25 percent, to one-10th of a cent, a day after reporting nine-month revenues had spiked to $2.1 million from $200,000 the previous year.

Consolidation Services Inc. (OTCBB: CNSV) dove 58.8 percent in price to seven cents Wednesday, on volume of 22,700 shares. CNSV is an oil and gas exploration company based in Kentucky.

NAVI goes sailing, INTC busy, ALVR goes south

Wednesday, February 2nd, 2011

NaviSite Inc. (Nasdaq: NAVI) shares advanced 31.7 percent to $5.44, on volume of 9.4 million, overwhelming a daily average of about 91,000, after cable and Internet-service provider Time Warner Cable Inc. (NYSE: TWC) late Tuesday said it would acquire the remote-server host provider for about $230 million.

Intel Corporation (Nasdaq: INTC) traded in 17.4 million shares Wednesday, trailing a daily average volume of 55.6 million. Prices for the stock improved 0.7 percent to $21.62, as the fallout continued from its billion-dollar chip error.

Alvarion Ltd (Nasdaq: ALVR) shares declined 11.3% to $1.96. Volume for the stock was 572,918 shares, better than twice its daily average, after the Israeli maker of wireless-broadband equipment reported a larger fourth-quarter loss.

MEMC a maniac, LVLT levels off, BRCM wobbles

Wednesday, February 2nd, 2011

MEMC Electronic Materials Inc.(NYSE: WFR) shares gained 10.6 percent to $12.86, on volume of 10.3 million shares, more than double its daily average, one day after the maker of silicon wafers reported swinging to a profit in the latest quarter.

Level 3 Communications Inc. (Nasdaq: LVLT) traded in 17.1 million shares, pursuing a daily average volume of 23.3 million. Prices for the stock sagged, however, 5.3 percent to $1.22, after reporting quarterly sales fell to $921 million from $924 million in prior-year quarter.

Broadcom Corp. (Nasdaq: BRCM) shares jettisoned 7.4 percent to $42.98, on volume of 14.2 million, better than double its full-day average, after the chip maker late Tuesday reported fourth-quarter margins beneath Wall Street’s expectations.

ERTS buzzes, SIRI beams, GNW gives back

Wednesday, February 2nd, 2011

Electronic Arts Inc. (Nasdaq: ERTS) shares climbed 15.2 percent to $17.99. Volume for the stock was 20.3 million shares, compared to an average of less than five million, after the video-game publisher late Tuesday announced a $600-million share-buyback plan and hiked its 2011 earnings outlook.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 60.2 million shares, catching its daily average volume of 51.5 million. Prices for the stock leaped 5.2 percent to $1.72, as speculation as to who will buy SIRI from Citigroup.

Genworth Financial Inc. (NYSE: GNW) shares fell 10 percent to $12.54. Volume for the stock was 11.7 million shares, compared to daily average of 6.1 million, after the insurer reported a surprise fourth-quarter loss as its mortgage operation weighed on results.

APKT scores, C rocks, JDAS fades

Wednesday, February 2nd, 2011

Acme Packet Inc. (Nasdaq: APKT) shares were up 16.3% to $65.03, on volume of 3.8 million, better than twice its full-day average, after the maker of transmission devices for telecommunications late Tuesday reported fourth-quarter earnings that beat expectations and hiked its 2011 outlook.

Citigroup Inc. (NYSE: C) traded in 99.7 million shares, catching up on its daily average volume of 566 million. Prices for the stock dipped 0.7 percent to $4.87, after seizing control of music’s EMI Group.

JDA Software Group Inc (Nasdaq: JDAS) shares plunged 6 percent to $29.05, on volume of 769,205 shares, or double its daily average, after the maker of software used by retailers late Tuesday forecast 2011 revenue below Wall Street’s expectations.