Price/Volume Spike: Gushan Environmental Energy (GU)
Gushan Environmental Energy Limited (NYSE: GU) is looking like a worse post-IPO by the day. We are seeing a major drop of over 20% at $9.62 in heavy volume. As of 10:02 we have seen some 550,000 shares trade hands, and average daily volume is only about 1.1 million shares. Despite today being a half [...]
Day 2 Volume Surge: Advanced Battery Technologies Inc. (ABAT)
Advanced Battery Technologies Inc. (NASDAQ: ABAT) is a tiny stock with a mere $277 million market cap. Its shares are up another 8% at $5.55 today as of 10:22 AM EST with already 692,000 shares having traded hands. We saw over 1.15 million shares trade hands yesterday and today looks like we’ll easily pass that [...]
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