Linktone Sees Exponential Trading Volume (LTON)
Posted in GeneralOctober 15th, 2009
Linktone Ltd. (Nasdaq: LTON) is surging on news that the wireless interactive entertainment company in China has entered into a mobile video agreement to make video highlights of Major League Baseball games available to customers in China with China National Radio Mobile Media (Beijing) Co. Ltd. This is traditionally a low volume stock with only about 62,000 shares trading per day. At 10:41 AM EST we have seen an exponential volume day with some 385,000 shares traded (6X volume) and the stock is up 20% at $2.50. JON C. OGG
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