Posts Tagged ‘Technology Stocks’

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ABPA pledges higher, TADF merges, PGRD purges

Wednesday, December 15th, 2010

Allegiance Bank of North America (OTCBB: ABPA) screamed 150 percent in price Wednesday afternoon to 35-100ths of a cent. Volume of 222,500 shares compared favorably with its daily average of 84,271.

Tactical Air Defense Services Inc. (OTCBB: TADF) dealt in 66.24 million shares by early afternoon Wednesday, compared to an average of 12.73 million a day. Share prices inched up 2.56 percent to four-10ths of a cent. The aerospace/defense services contractor based in Carson City, Nev., announced this week that it has executed an Agreement and Plan of Merger with Tactical Air Support, Inc.

Proguard Acquisition Corp. (OTCBB: PGRD) fell in price by 60 percent Wednesday to six cents. Volume for this stock was 21,500 shares, compared to a daily average of 3,455.

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Posted in Financial Stocks, Industrial Stocks, Technology Stocks | No Comments »

BSQR rises, DYN does record business, GNI loses strength

Wednesday, December 15th, 2010

BSQUARE Corp. (NasdaqGM: BSQR) rallied 15.85 percent Wednesday afternoon to $8.04. Volume of 580,241 shares proved more than six times its full-day average. BSQR, based in Bellevue, Wash., announced that China Mobile Communications Corporation, the world’s largest mobile operator with over 200 million subscribers, has selected TestQuest Countdown, an automated testing solution from BSQUARE, to automate remote data services testing in all thirty-one of the operator’s provincial operating subsidiaries.

Dynegy Inc. (NYSE: DYN) traded widely Wednesday afternoon, dealing in 43,314,680 shares, better than six times its full-day average. Share prices improved 3.49 per cent, to $5.64. The Houston-based DYN has unanimously approved a definitive agreement to be acquired by Icahn Enterprises L.P. in a tender offer followed by a merger for $5.50 per share in cash, or approximately $665 million

Great Northern Iron Ore Properties (NYSE: GNI) fell 10.30 percent in Wednesday afternoon trading to $128.40. Volume of 29,887 shares trumped its full-day average of 7,751.

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Posted in Consumer Staples Stocks, Energy Stocks, Technology Stocks | No Comments »

THLD jumps, BAC active, SYX slumps

Wednesday, December 15th, 2010

Threshold Pharmaceuticals Inc. (NasdaqCM: THLD) vaulted 21.05 percent Wednesday noon to $1.38. Volume of 1,028,078 left its full-day average of 34, 640 in the dust. THLD, based in Redwood City, Calif., is a biotechnology company focused on the discovery and development of drugs targeting Tumor Hypoxia, the low oxygen condition found in microenvironments of most solid tumors.

Bank of America Corp. (NYSE: BAC) was among the volume leaders Wednesday noon, trading in 57,485,230 shares, nearing its full-day average of 210,883,000. Share prices improved 0.7 per cent, to $12.48. U.S. equities are the primary beneficiary of the continuing upswing in global investor sentiment, according to the BofA Merrill Lynch Survey of Fund Managers for December. A net 44 percent of the respondents predict the world’s economy to strengthen in 2011, compared to 35 percent a month earlier.

SYSTEMAX INC. (NYSE: SYX) ) fell 4.96 percent in Wednesday morning trading to $12.45. Volume of 116,067 shares better than doubled its full-day average. The Company sells personal computers, computer components and supplies, consumer electronics and industrial products

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TGLO skyrockets, LFBG leads volume pack, MITD bruised

Wednesday, December 15th, 2010

TheGlobe.com Inc. (OTCBB: TGLO) shot out of the gates Wednesday like a rocket, gaining 133.33 percent to 28-100ths of a cent. Volume was 49,000 shares, better than half its volume of 82,865 on an average day.

Left Behind Games Inc. (OTCBB: LFBG) tumbled off the shelves Wednesday, trading in 57.38 million shares, catching up on its full-day average of 93.65 million. Prices fell, though, by 15.38 percent to 33-100ths of a cent. The company sells games and videos with a Christian theme.

MIT Holding Inc. (OTCBB: MITD) stumbled 65 percent in price to seven-10ths of a cent, on volume of 124,500 shares, more than 10 times its full-day average. The Company, through its three wholly-owned subsidiaries, distributes wholesale pharmaceuticals, administers intravenous infusions, operates an ambulatory center where therapies are administered, and sells and rents home medical equipment.

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Posted in Consumer Discretionary Stocks, pharmaceutical stocks, Technology Stocks | No Comments »

CYPB spreads wings, C solid, MOTR in reverse

Wednesday, December 15th, 2010

Cypress Bioscience (NasdaqGM: CYPB) jumped 12.2% to$6.45, on volume of 8,570,704, or 16 times its full-day average, after it agreed to be acquired by Ramius LLC and Royalty Pharma for about $255 million in cash, ending a takeover battle that began in July.

Citigroup (NYSE: C) traded in 155,455,525 shares, making good headway on its daily average of 539,270,000 shares. Share prices retreated 0.53 per cent, however, Wednesday, to $4.66.

Motricity Inc. (NasdaqGM: MOTR) backtracked 13.53 percent in Wednesday morning trading at $18.40. Volume of 3,277,545 shares tramped its full-day average of 559,200. MOTR, based in Bellevue, Wash., is a leading mobile data solutions provider exclusively focused on the rapidly growing mobile Internet market.

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Posted in Financial Stocks, pharmaceutical stocks, Technology Stocks | No Comments »

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