Posts Tagged ‘Daily Volume’
KORE Spikes 13% on 10X Volume after Announcing New AdvisoryKORE Spikes 13% on 10X Volume after Announcing New Advisory Board
The Energy Drink Market has many players that attempt becoming the next RedBull or Monster only to come up short usually because they run out of money. One such company from the SmallCap space I ran across this morning was Kore Nutrition, Inc. (OTC:KORE) who markets its energy drink “All In” exclusively through their website allinenergy.com instead of taking the more traditional shelf-space approach.
In heavy trading today, KORE spiked up 13 percent to $0.62 per share before settling at its current price of $0.56 per share on volume of nearly 350,000 shares (more than 10 times average daily volume).
What intrigued me about this company was its website only marketing approach instead of purchasing the traditional shelf-space, which is very expensive and usually the downfall of start-up companies in this space. Also, KORE is signing up several of the popular World Poker Tour stars, including Johnny Chan and Phil Hellmuth, to market their line of energy drinks.
The company did announce today a new advisory board with an excellent resume’ including many big name contacts that will be a must for marketing this product.
The Advisory Board will be chaired by Phil Atwell, owner of Geronimo Film Productions Inc., which has been responsible for the development of music videos for 50 Cent, Dr. Dre, Eminem and Marilyn Manson, as well as commercial campaigns for Coors Light.
All In President and CEO, David Powley, stated that, “We are overwhelmed with the caliber and talent of all of our dedicated and professional Advisors and, as All In Energy products cater initially to the Professional Poker Society, we are very fortunate that Phil Atwell has agreed to Chair this Advisory Board with his substantial experience in the entertainment world.”
Another company from the SmallCap space I write on from time to time that hasn’t had as nice a post-Labor Day start is Sport Endurance (OTC:SENZ) losing 9 percent to $0.155 per share on light volume. This company has a line of energy gel-tabs that provide energy, creatine and sleep-aid solutions instead of going the overly saturated drink delivery method.
For more information visit http://www.worldmarketmedia.com/779/section.aspx/2343/post/kore-spikes-13-on-10x-volume-after-announcing-new-advisory-board
- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source
Day trading and the forex market from yesterday and today
The day trading is for many a well-known concept, but has the modern day trading do not too much with the original daily trading in financial markets. The entry into the intraday trade today is much easier and faster. Any private investor can within a few minutes at almost every broker a Demo Account
To open for the real trading, it requires only a few documents for verification and a money transfer. Even today not much start up investment is needed more, already with a very small amount can any future cooperation.
In order to act to permanently profitable, you need the investors a good trading system, and a lot of trading experience. Also mental strength and discipline are absolutely necessary in order to be successful.
For trading on the Forex market Forex signals can be of crucial importance. These offer investors the possibility to react quickly to market changes and to use it for their own trade. Forex Signals can also be created in two different bases. This first is the fundamental analysis to look at the experts the country, whose GDP and the interest rates and other expectations. In technical analysis, however, the charts are evaluated for the currencies, trend lines can be used in this case as a buy or sell signals.
The market which is due to the size and daily volume, according to the author’s best for the trading is the forex market. The many different currency pairs, you can act and because of the 24 trade, this market is unique and provides a unique trading opportunities. Also specifically for daytrading.
- About the Author: forex trading blog Article Source
EF Johnson Technologies, Inc. (NASDAQ: EFJI) $38M (MarketCap)
EF Johnson Technologies, Inc. (NASDAQ: EFJI) surged by 43 cents, or 41.8% to $1.46 in the premarket session after the company said it has entered into an amendment to its merger agreement with an affiliate of Francisco Partners. Under the terms of the amended merger agreement, an affiliate of Francisco Partners will acquire all of the outstanding shares of EF Johnson Technologies’ common stock for $1.50 per share in cash. This is an increase of over 42% over the $1.05 per share cash purchase price previously announced on May 17, 2010. The 50-day average daily volume for EF Johnson Technologies is 144,000 shares, and its Board of Directors unanimously approved the amended merger agreement.
“Our amended merger agreement with Francisco Partners provides increased all-cash premium value to our stockholders and reflects Francisco Partners’ strong commitment to the transaction,” said Michael E. Jalbert, Chairman of the Board and Chief Executive Officer of EF Johnson Technologies, Inc. “We are proud of the value we have delivered to our stockholders through this amended merger agreement, and are excited to work closely with Francisco Partners to complete the transaction as expeditiously as possible.”
In addition to increasing the cash purchase price, the amendment increases the termination fees payable under certain circumstances, increases the amount of allowable transaction expenses and amends certain representations and warranties contained in the merger agreement. The transaction remains subject to customary closing conditions. As in the original merger agreement, there is no financing condition to the obligations of Francisco Partners to consummate the transaction. EF Johnson Technologies, Inc. is currently trading at $1.44, up $.41 or 39.81%.
Raymond James & Associates, Inc. is acting as the Company’s financial advisor in connection with the transaction, and Haynes and Boone, LLP is acting as the Company’s legal counsel. Shearman & Sterling LLP is acting as Francisco Partners legal counsel.
To view this article at World Market Media click on the link below: http://www.worldmarketmedia.com/779/section.aspx/1892/post/ef-johnson-technologies-inc-nasdaq-efji-38m-marketcap
Disclosure: no positions
- About the Author: About World Market Media:WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source
