Posts Tagged ‘Financial Stocks’

PSGY secure, APTD active, FMNL falters

Tuesday, January 18th, 2011

Princeton Security Technology Inc. (OTCBB: PSGY) skyrocketed 180 percent in price Tuesday to 14 cents. Volume was 74,500 shares, better than nineteen times its usual average. Preliminary quarterly results show projected income of approximately $170,000, compared to loss of $162,217 for the same period ending December 31, 2009.

AlphaTrade.com (OTCBB: APTD) shares flew off the shelves Tuesday, trading in 123 million, compared with an average all-day volume of 12.2 million. Prices hiked, too, by 33.3 percent to eight-100ths of a cent. AlphaTrade is a recognized financial data providing company specializing in real-time financial market data for major North American exchanges and markets.

Forum National Investments Ltd. New (OTCBB: FMNL) tripped 55 percent to 18 cents Tuesday. Volume for the stocks was 36,250 shares, or six times its full-day average. FMNL provides travel services for the members of its ‘Snowbird Vacations International’ travel club.

ARIA leaps, BAC busy, HDY takes beating

Tuesday, January 18th, 2011

Ariad Pharmaceuticals Inc. (Nasdaq: ARIA) prospered 30.5 percent in price to $6.85. Volume was 10,153,861, or six times its full-day volume average, amid generally positive news in the drug sector.

Bank of America Corp. (NYSE: BAC) was an active trader Tuesday, dealing in 126,455,431 shares Thursday, compared to a full-day average of 228,170,000. Share prices were off, though, two percent to $14.95.

Hyperdynamics Corporation (AMEX: HDY) fell 16.9 percent Tuesday to $5.95. Volume for the stock was 7,220,720 shares, nearly five times its all-day average. Even so, experts point out that the shares are up more than an astonishing 500% over the past six months

SBIBW has wings, C, ALXA sink

Tuesday, January 18th, 2011

Sterling Bancshares Inc. (Nasdaq: SBIBW) flew 60 percent in price to $3.12. Volume was 101,438, or five times its full-day volume average, amid reports this week that Cullen/Frost Bankers, Inc. may be acquiring the smaller bank.

Citigroup Inc. (NYSE: C) flew off the shelves Tuesday, dealt in 731,126,655 shares Thursday, already surpassing a full-day average of 549,838,000. Prices for C fell 5.5 percent to $4.86. Citigroup reported a $1.3 billion profit, compared with a $7.6 billion loss a year earlier. Revenue jumped to $18.4 billion, from $5.4 billion a year earlier, but fell more than 11% from the third quarter.

Alexza Pharmaceuticals Inc. (Nasdaq: ALXA) fell 19.2 percent in early trading to $1.35. Volume for the stock was 1,784,554 shares, nearly double its all-day average, on word that the company will file a new application for its drug candidate Adusuve Staccato in July.

CT capital, AA does great business, MSCI muzzled

Thursday, January 13th, 2011

Capital Trust Inc. (NYSE: CT) shares climbed 22.8 percent to $2.32 Thursday afternoon. Volume was 657,552, or nearly six times its full-day volume average. CT is a finance and investment management company focused on the commercial real estate industry.

Alcoa Inc. (NYSE: AA) traded in 57,942,316 shares Thursday, more than doubling its daily average. Prices for AA were down 3.4 percent to $15.69, just days after reporting improved revenue and income figures for fiscal 2010.

MSCI Inc. Class A (NYSE: MSCI) plummeted 9.1 percent Thursday to $36.11. Volume for the stock was 1,538,410 shares or three times its full-day average after the investment analysis and market index company said margin growth may slow down in next few quarters as it increases its capital spending.

PCE pops, PAL steady, QBC reverses

Thursday, January 13th, 2011

Pacific Office Properties Trust. (AMEX: PCE) shares ballooned 75.5 percent to $3.58 early Thursday afternoon. Volume was 674,108, or more than 33 times its full-day volume average, after saying it will no longer attempt an initial public offering on the New York Stock Exchange.

North American Palladium Inc. (AMEX: PAL) traded in 5,700,732 shares Thursday, nearly doubling its daily average of 3,334,090. Prices for were up 2.6 percent to $7.38. Toronto-based PAL is a precious metals company focused on growing its production of palladium and gold in mining-friendly jurisdictions.

Cubic Energy Inc. (AMEX: QBC) fell 6.9 percent Thursday to $1.08. Volume for the stock was 192,919 shares besting its full-day average of 141,700. QBC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.