Posts Tagged ‘Technology Stocks’

NVDA steps on gas, CSCO sizzles, REDF slides

Monday, January 24th, 2011

Nvidia Corp. (Nasdaq: NVDA) shares added 12.1% to $24.90, after Barron’s said the chip maker’s stock might rise as much as 80% in the next year. Volume for NVDA was 29.1 million shares, better than its daily average of 22.3 million.

Cisco Systems Inc, (Nasdaq: CSCO) dealt in 25 million shares Monday, making headway against its full-day average of 72 million. Share prices moved higher 1.7 percent to $21.08, on word of its price target being raised at Barclays to $24 from $22.

Rediff.com India Limited (Nasdaq: REDF) dropped 8.4 percent to $7.39 Monday. Volume for the stock was 806,955 shares, just now nosing out its daily average. The Mumbai-based REDF is one of the premier worldwide online providers of news, information, communication, entertainment, mobile and shopping services.

HMG hums, MSFT strong as usual, VOL loses some voltage

Thursday, January 20th, 2011

HMG/Courtland Properties Inc. (AMEX: HMG) gained 17.3 percent Thursday to $6.04, on volume of 121,152 shares, more than 24 times its full-day average.

Microsoft Corporation (Nasdaq: MSFT) dealt in 57,505,354 shares, to within a few aces of its full-day average of 57,739,400. Share prices were flat at $28.35.

Volt Information Services Inc. (NYSE: VOL) dipped 17.1 percent to $6.36 Thursday. Volume was 988,964 shares, better than 12 times its daily average. VOL is a leading provider of global infrastructure solutions in technology, information services and staffing acquisition for its FORTUNE 100 customer base.

CT gallops, CSCO active, KUN mum

Thursday, January 20th, 2011

Capital Trust Inc. (NYSE: CT) improved 16.8 percent Thursday to $2.16 Volume of 329,904 shares bested its full-day average of 138,500. CT is a real estate finance and investment management company that specializes in credit sensitive structured financial products.

Cisco Systems Inc. (Nasdaq: CSCO) dealt in 44,648,109 shares, short of its full-day average of 69,622,200. Share prices were flat at $20.84.

China Shenghuo Pharmaceutical (AMEX: KUN) dipped 21.6 percent to $1.38. Volume was 262,948 shares, four times its daily average. When approached to comment on this unusual market activity, KUN told reporters that is not its policy to discuss activity.

TIGE is a tiger, DTRO makes dent, DGNG in the dust

Thursday, January 20th, 2011

Tigrent Inc. (OTCBB: TIGE) zoomed 150 percent higher in price Thursday to 20 cents, making it one of the improvement leaders among micro-caps. Volume for the stock was 29,700 shares, more than double its daily average. TIGE is a provider of educational training seminars, conferences and services across multiple delivery channels that help students become financially literate.

Deltron Inc. (OTCBB: DTRO) bought and sold 57 million shares Thursday, or better than triple its daily average. Its price hike was impressive, too; 54.6 percent to 17-100ths of a cent. DTRO acquires profitable businesses with strong management teams, substantial revenue and established market positions.

Diguang International Development Co. Ltd. (OTCBB: DGNG) capsized 72.7 percent in price to 12 cents. Volume for the stock was 30,000; its usual daily average is around 11,000. Chna-based DGNG is a developer and producer of CCFL and LED backlights for a wide range of TFT-LCD products.

FUQI goes farther, INTC trades widely, LPHI under spotlight

Thursday, January 20th, 2011

Fuqi International Inc. (Nasdaq: FUQI) improved 14 percent Thursday to $5.73. Volume of 1,098,559 shares was a 40-percent boost on its full-day average.

Intel Corp. (Nasdaq: INTC) was a volume leader Thursday, dealing in 37,626,398 shares, short of its full-day average of 55,284,200. Share prices skidded 0.6 percent, however, to $20.89, on word the chip-maker was seen as winning E.U. acceptance for its deal to acquire McAfee.

Life Partners Holdings Inc. (Nasdaq: LPHI) shares peeled off 17.2 percent to $12.45. Volume was 539,205 shares, triple its daily average, on word the company is under investigation by the SEC.