Bayside Petroleum Company (BYSD.PK) sank down over 50% last week. After a resistance level at $0.030, the stock price ran down to $0.013 and its volume fell to 500 shares traded. Then, all of a sudden, the company's traded volume ran up to over 3 million shares on Monday! This jump was phenomenal for the pink sheet company and it had no reasonable explanation. The company has no recent press releases on its website and hasn't made any general announcements during the last months. However, the records...
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Last week Krispy Kreme Doughnuts (NYSE:KKD) reported earnings per share of $.06 for the first quarter of fiscal 2011. The Company ended the quarter with a total of 616 Krispy Kreme stores, an increase of 34 locations since January 31, 2010.
Though the company's revenue for 2009 was lower than the year before, its sales have increased. Last year KKD's cash flow from operating activities rose up, while its general and administrative expenses dropped.
After the company announced its double earnings,...
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Cheniere Energy, Inc. (AMEX:LNG) announced its plans to build the first liquefied natural gas export plant in the United States for 40 years. Cheniere intends to make a market revolution and it has already received initial interest from potential buyers and producers interested in committing supply to the project.
After the news was reported, LNG's stock flew up 12.69% at 3.02 on the high volume of over 1 million shares. It is more than the company's average traded volume and it still keeps a high...
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Delta Petroleum Corp. (NASDAQ:DPTR) announced it extended negotiations with Opon International LLC. Opon may take a a 37.5% non-operated working interest in assets, Delta holds in the Piceance Basin in Colorado for $400 million.
As a result of the news, DPTR stock moved up on the market. Yesterday it plunged by 6.09% and closed at $1.22 at market cap 345.00M. The traded volume of DPTR also rose up and exceeded 5 million shares.
Delta Petroleum is an independent oil gas exploration and production...
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