Posts Tagged ‘buzz stocks’

IPCI aces, WFC busy, MAG ragged

Wednesday, January 19th, 2011

Intellipharmaceutics International (Nasdaq: IPCI) went higher 18 percent to close Wednesday at $6.04. Volume of 181,460 shares ran away from its full-day average of 27,753. IPCI is a pharmaceutical company specializing in the research, development and manufacture of novel and generic controlled release and targeted release oral solid dosage drugs.

Wells Fargo & Company (NYSE: WFC) dealt in 50,557,742 shares, topping its full-day average of 33,984,900. Share prices dropped, however, by 1.9 percent to $31.86. WFC posted net income attributable to common shareholders of $3.2 billion, or 61 cents per share, matching analyst expectations. Last year, profit of $394 million, or eight cents per share, was sharply reduced by preferred dividends paid under the government bailout.

Magnetek Inc. (NYSE: MAG) surrendered 15.4 percent Wednesday to $1.65. Volume of 271,367 shares more than doubled its average daily volume of 106,631. MAG, which provides digital power control systems North America, announced Wednesday it would release second-quarter financial numbers on Feb. 9.

ONSM rises, AAPL busy, SBAY sub-par

Wednesday, January 19th, 2011

Onstream Media Corporation (Nasdaq: ONSM) climbed 16.7 percent to $1.26 Wednesday afternoon. Volume of 311,943 shares nearly quadrupled its full-day average. Based out of Pompano Beach, Fla., ONSM is a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology.

Apple Inc. (Nasdaq: AAPL) dealt in 35,634,665 shares, more than doubling its full-day average of 15,576,600. Prices for AAPL tailed off, however, by 0.6 percent to $338.38, after initially rebounding after the iPhone maker blew through earnings estimates on strong iPad sales.

Subaye Inc, (Nasdaq: SBAY) capsized 10.9 percent Wednesday to $10.89. Volume was 227,096 shares doubled its average daily volume of 114, 961. Tuesday, SBAY, a leading online business services provider in China engaged in enterprise cloud computing, launched Groupbuy as a standalone product and will not be offered as a component of Subaye’s Bundled Cloud Product.

CTEI spikes, APTD busy, UNLA loses

Wednesday, January 19th, 2011

Cemtrex Inc. (OTCBB: CTEI) shot skyward Wednesday, gaining 122.2 percent in price to 10 cents. Volume of 31,000 shares closed the gap on a full-day average of 52, 585. CTEI is a world leader in providing environmental solutions to a variety of industries all over the world.

AlphaTrade.com (OTCBB: APTD) was one of the most widely traded micro-cap stocks Wednesday, dealing in 32.3 million, more than twice its all-day average. Prices for the stock dipped, however, 33.3 percent to six-100ths of a cent. APTD is a recognized financial data providing company specializing in real-time financial market data for major North American exchanges and markets.

Unilava Corp.. (OTCBB: UNLA) dropped sharply Wednesday, losing 52.9 percent to four cents. Volume for UNLA registered at 3.68 million, leaps an bounds better than its daily average of 158,710. UNLA announced Wednesday the first implementation of the their LOI with China Wi-Max Communications to identify funding and resource opportunities to support engineering and capital needs towards their joint venture, targeting markets of over $60 million U.S. in Beijing, Shanghai and Shenzhen.

OPXA pops, CSCO does business, MTG slumps

Wednesday, January 19th, 2011

Opexa Therapeutics Inc. (Nasdaq: OPXA) saw its price pop 18.1 percent to $2.48 Wednesday afternoon. Volume of 1,738,310 shares overwhelmed a full-day volume average of 269,989. OPXA is preparing to start a Phase 3 clinical study of its Tovaxin drug candidate for multiple sclerosis

Cisco Systems Inc. (Nasdaq: CSCO) traded Wednesday in 33,840,714 shares, only about half its full-day average. Prices for CSCO fell 1.9 percent to $20.82. CSCO announced Wednesday it will bring its fancy videoconference systems for teaching to several universities in Colorado, giving students at some remote, rural schools access to more classes.

MGIC Investment Corporation (NYSE: MTG) listed lower by 18.8 percent Wednesday to $9.46. Volume was 16,430,897 shares, four times its normal daily volume, on word that higher claims paid out last year hurt the company’s bottom line.

MNAI in the money, NUBL active, ESLP earthward

Wednesday, January 19th, 2011

Monar Intl. Inc. Common (OTCBB: MNAI) prospered 216.7 percent Wednesday to 47.5 cents. Volume was only 10,000 shares, but still double its normal daily average. MNAI is engaged in the development of a website that would offer to the public a tasteful traditional style Chinese furniture adapted to modern needs for Asian ethnic and high end markets in North America.

Numobile Inc. (OTCBB: NUBL) traded in 29.8 million shares, compared to its daily average of 22.8 million. Prices, however, sifted off 18.2 percent to nine-100ths of a cent. NUBL Tuesday, China Crescent Enterprises, Inc. (OTCBB: CCTR) and Savanna East Africa have partnered to build a wireless broadband network in Nairobi, Kenya.

Euro Solar Parks Inc. (OTCBB: ESLP) shed 63.4 percent Wednesday to 26 cents. Volume was a mere 20,000, in contrast to usually active volume of more than a million.