Price jumps at NASDAQ: (DPTR, CIGX, RFMD, PEIX, MPEL)
Delta Petroleum Corp. (NASDAQ: DPTR) surged by 9.25% and closed at $0.87 whereas overall traded volume stood at 8.88 million shares. Delta Petroleum Corporation (Delta) is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production, and sale of, natural gas and crude oil. Delta operated in two business segments: acquisition, exploration, development, and production of oil and natural gas properties and related business activities, and contract oil and natural gas drilling operations. The primary areas of activity are in the Rocky Mountain and Gulf Coast Regions with additional unproved exploratory leaseholds in the Columbia River Basin in southeastern Washington, the Hingeline area of Central Utah, and the Haynesville Shale area of Texas, among others. Total oil and gas leasehold is approximately 813,000 acres.
Star Scientific, Inc. (NASDAQ: CIGX) closed at $2.13 after moving up by 14.52% with total traded volume of 8.42 million shares in the last trading day. Star Scientific, Inc. (Star Scientific) is engaged in the development of very low-tobacco-specific nitrosamines (TSNA), non-fermented smokeless tobacco products. The Company is also engaged in the development, implementation and licensing of its technology for the curing of tobacco so as to prevent the formation of carcinogenic toxins present in tobacco and tobacco smoke, primarily the TSNAs and manufactures, sells, markets and/or develop very low-TSNA dissolvable smokeless tobacco products, including ARIVA compressed powdered tobacco cigalett pieces and STONEWALL Hard Snuff and modified risk tobacco products. It is also engaged in the development of pharmaceutical products, particularly products that have a botanical, tobacco-based component, that are designed to treat tobacco dependence and a range of neurological conditions, including Alzheimer’s disease, Parkinson’s disease, schizophrenia and depression, and is also in the development of non-nicotine nutraceutical products.
RF Micro Devices, Inc. (NASDAQ: RFMD) jumped up 6.15% to close at $4.49 whereas overall traded volume stood at 7.79 million shares for the day.
Pacific Ethanol Inc (NASDAQ: PEIX) closed at $0.54 after increasing by 22.17% with traded volume of 5.80 million shares in the last trading session. Pacific Ethanol, Inc. is a marketer and producer of low carbon renewable fuels in the Western United States. It produces and sells ethanol and its co-products, including wet distillers grain and provides transportation, storage and delivery of ethanol through third-party service providers in the Western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, Idaho and Washington. On May 17, 2009, five of its indirect wholly owned subsidiaries, Pacific Ethanol Holding Co. LLC, Pacific Ethanol Madera LLC, Pacific Ethanol Columbia, LLC, Pacific Ethanol Stockton, LLC and Pacific Ethanol Magic Valley, LLC, each commenced a case by filing voluntary petitions for relief under the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware in an effort to restructure their indebtedness. In June 2010, Pacific Ethanol Inc. announced the emergence from bankruptcy of Pacific Ethanol Holding Co. LLC (PEH) and its four wholly owned subsidiaries.
Melco Crown Entertainment Ltd (NASDAQ: MPEL) reported the gain of 3.89% and closed at $4.27 with overall traded volume of 5.72 million shares in the last trading day. Melco Crown Entertainment Limited (MPEL) is a developer, owner and, through its subsidiary Melco Crown Gaming, operator of casino gaming and entertainment resort facilities focused on the Macau market. Melco Crown Gaming is one of the six companies licensed, through concessions or sub-concessions, to operate casinos in Macau. The Company owns and operates City of Dreams, Altira Macau, Mocha Clubs and Taipa Square Casino. Its other projects include City of Dreams Phase II, Macau Studio City Project and Macau Peninsula Site.