Archive for June, 2010
Applied Energetics, Inc. (NASDAQ:AERG) hit a shocking volume last Friday. Its value exceeded 8 million shares traded, while the previous day it was approximately 470 thousand shares. Though the AERG’s phenomenal volume, its stock price change is currently -0.96%, and the market cap totals 116.34M. What’s going on with Applied Energetics in fact? There is not much news on the company presently, except that it has made a couple of new appointments. AERG appointed new president and a chief financial officer, who started their work immediately. The sudden changes raise questions on the company’s business and no reasonable explanation can...
Points International Ltd. (OTC:PTSEF) got among the top moving small cap stocks during the last week. Yesterday the stock closed at $0.61 and its traded volume exceeded 120 shares. However, today the price went down -3.91%, and the volume totaled 43 thousand shares traded. Still we can find no particular reason for the change in the price change. In their 2010 first quarter results, PTSEF reported: - 11% revenue improvement - $460 thousand net income - higher cash and cash equivalents - lower loss The company is absolutely satisfied with its financial results and continues to follow its business plan....
Hovnanian Enterprises, Inc. (NYSE:HOV) opened three new communities in New Jersey. Meanwhile, the American homebuilder has sold out two other communities and its stock moved up. After a 12% price drop on June 3rd, currently HOV trades at $4.81 per share, which is a +1.48% price change. Market cap reached 368.04M, and traded volume exceeded 4 million shares. Hovnanian Enterprises Inc. is the 7th largest homebuilder in the U.S., which builds in 19 states for the first-time buyer, the move-up buyer and active adults. In 2009 the company delivered over 5 thousand homes with base prices ranging from $36 thousand...
Cell Therapeutics, Inc. (NASDAQ:CTIC) got among the biggest market gainers last week. On Friday the stock surged by 24.24% on the unusual volume of over 28 million shares. Currently, CTI trades at $0.50 per share, and the market cap totals 332.74M. If the stock continues to move up, we can consider an uptrend has occurred. Following the records, we can see that a compensation of $1.500 was paid for CTI to be promoted, but the stock was 61% down this year. However, today the company reported that the national authority responsible for drug regulation in Italy (AIFA), has approved a...
SpeechSwitch, Inc. (OTC:SSWC) got among the most active market movers these days. The stock surged up by 6.7% and closed at $0.0016 with overall trading volume of 133.76 million shares. Currently, the company sells at +18.75% price change and if it countunues to raise, we can talk about an uptrend. The price jump occurred on 7 June, 2010, when the president of SpeechSwitch announced the reduced company’s debt, by conversion of it to restricted Class A and Class B stock, and the expansion of SSWC with the Kenergy Scientific Group. SpeechSwitch, Inc. is an independent publicly traded company, which is...