Posts Tagged ‘Technology Stocks’

ECDC flies, CMGR sells, WTKN flops

Wednesday, December 1st, 2010

East Coast Diversified Corp. New (OTCBB: ECDC) surged 144.26 percent in Wednesday afternoon trading to 1.49 cents, on 6,000 shares, well below its daily average of 180,926.

Camelot Entertainment Group Inc. (OTCBB: CMGR) ran the competition ragged Wednesday, trading in 113.05 million shares, above its daily average of 101.4 million. Share prices were flat at four-100ths of a cent.

WellTek Inc. (OTCBB: WTKN) went south 63.16 percent in Wednesday afternoon trading to seven-100ths of a cent. Volume was a whopping 4.13 million shares, compared to usual volume of 1.32 million. WTKN is an Orlando-based a global health, fitness and wellness company.

DNN gains ground, MOT sells widely, OREX falters

Wednesday, December 1st, 2010

Denison Mines Corp. (AMEX: DNN) climbed in price 7.42 percent to $3.33 early Wednesday afternoon. Volume was 4,929,037 shares, twice-and-a-half its normal daily volume.

Motorola Corp. (NYSE: MOT) proved quite the popular stock early Wednesday, trading in 33,997,244 shares, its normal share average around 25,960,500 for a full day. Shares in the electronics maker improved 5.55 percent to $8.09. Motorola said late Tuesday that it will split into two entities in January; Motorola Mobility Holdings, including the mobile phone and television set-top box operations, and Motorola Solutions, which will include other communications devices used in government and industry, like bar-code scanners and walkie-talkies.

Orexigen Therapeutics Inc. (NasdaqGM: OREX) fell in price 9.25 percent to $4.71. Volume of 1,798,407 shares nipped ahead the stock’s full-day average. The San Diego-based company brings its weight-loss drug Contrave to an FDA panel next week

LTON climbs, BAC busy, SCMR slips

Wednesday, December 1st, 2010

Linktone Ltd. (NasdaqGM: LTON) spiked in price 29.79 percent to $1.83 Wednesday. Volume of 1,462,072 shares rolled over its normal daily volume of 22,877. The Chinese wireless interactive entertainment service provider announced Wednesday that its GAAP net income stood at $600,000 U.S. in the third quarter of this year, up from $100,000 U.S. in Q2, but down from the $700,000 U.S. in Q3 2009.

Bank of America Corp. (NYSE: BAC) did brisk business Wednesday, trading 119,934,419 shares, quickly closing in on its daily average volume of 198,958,000. BAC shares nipped ahead in price 0.78 percent to approach noon at $11.02. Bank of America Merrill Lynch today announced the composition and weights for the 2011 Merrill Lynch Commodity index eXtraSM. The MLCX is designed to provide a liquid benchmark for commodity market performance, tracking liquid and cost efficient investments.

Sycamore Networks Inc. (NasdaqGS; SCMR) saw its share prices fall Wednesday morning by 14.49 percent to $25.67. Share volume of 1,024,435 shares nearly quadrupled the stock’s full-day, three month average. The bandwidth solutions company reported quarterly financials Wednesday Revenue for the first quarter of fiscal 2011 was $11.7 million, compared with $15.6 million for the first quarter of fiscal 2010. Net loss for the first quarter of fiscal 2011, on a generally accepted accounting principles (“GAAP”) basis, was $6.5 million, or $0.23 per share, compared with a GAAP net loss of $10.4 million, or $0.37 per share for the first quarter of fiscal 2010.

RITT rips loose, INTC busy, CHYR swoons

Monday, November 29th, 2010

RIT Technologies Ltd. (NasdaqCM: RITT) jumped in price 25.36 percent to close Monday at $9.64. RITT shares traded in 229,018 shares Monday, compared to a daily average of 256,862. Based in Israel, RITT is a leading provider of intelligent solutions for infrastructure management, asset management, environment and security, and network utilization.

Intel Corp. (NasdaqGS: INTC) was among the volume champions on Wall Street Mnoday, with 46,696,504 shares trading, or just less than its daily average of 60.6 million. Prices for the Santa Clara, CA-based computer chip maker faded 0.05 percent to $21.33.

Chyron Corp. (NasdaqCM: CHYR) dropped 12.76 percent Monday afternoon to $2.05. Volume of 45,281 shares quadrupled the stock’s daily average volume. The Melville, New York-based CHYR is a leading provider of Graphics as a Service for on air, online, out of home, and mobile applications.

TIAS jumps, CMGR does great business, BCBF beached

Monday, November 29th, 2010

Time Associates Inc. (OTCBB: TIAS) climbed in price by 1,342.86 percent to $1.01. Volume of 500 shares, more than triple its usual volume.

Camelot Entertainment Group Inc. (OTCBB: CMGR) did tremendous volume Monday, trading in 132.9 million shares, compared to three-month daily average of 95.6 million. The company’s share price was flat, though, at four-100ths of a cent. Last week, the entertainment company announced quarterly revenue increased 130% from the last quarter, totaling $53,712 as compared to $23,338 during the second quarter of 2010.

Beach Community Bancshares Inc. (OTCBB: BCBF) slid 70 percent in price Monday to 30 cents. Volume of 15,000 shares dwarfed its usual volume of 1,795 shares.