Wednesday, January 12, 2011

Stocks With Unusual Volumes (GSX, BCON, CNXT, VG)

Gasco Energy, Inc. (AMEX:GSX) dropped 4.93% to $0.589 on unusual volumes. Yesterday, the company reported in its Form 8K that, effective January 1, 2011, the Company previously announced plan of succession for changes in management was completed. Charles B. Crowell retired as Chief Executive Officer and was replaced by W. King Grant, the Company’s current President and Chief Financial Officer. The 52-week range of the stock is $0.25-$0.63. Beacon Power Corp. (NASDAQ:BCON) jumped 6.27% to $0.235 on high volumes. Beacon Power Corporation is a development stage company. The Company along with its subsidiaries, designs, manufactures and operates flywheel-based energy storage systems. Over the past six months of trading sessions, the stock slumped more than 31%. Conexant Systems, Inc. (NASDAQ:CNXT) fell 0.93% to $2.14 on more than its daily average volumes. The 52-week range of the stock is $1.32-$5.17. Vonage Holdings Corp. (NYSE:VG) surged 2.33% to $3.07 on high volumes. Vonage Holdings Corp. is a provider of voice and messaging services over broadband networks. The Company's technology serviced approximately 2.4 million subscriber lines as of December 31, 2009. The average daily volume of the stock is 2.75 million shares. At current market price, the market capitalization of the company stands at $652.94 million. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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