Shares of Arabian American Development Company (NASDAQ: ARSD) surged more than 20% in today’s trading. Dallas-based Arabian American Development Company is engaged in the manufacturing of various specialty petrochemical products. The small-cap stock closed at up 8.21% at $3.30. Today’s trading activity comes on the back of the company’s announcement that it has signed a [...]
Articles published by stockslanga
Wentworth Energy Inc. (OTC: WNWG) Surges 43%
By Gerald Whal Beacon Contributing Writer Shares of Wentworth Energy Inc. (OTC: WNWG) surged 43% in Wednesday’s trading, trading on volume of 7.5 million, up from the daily average of 3.8 million. Wentworth Energy is an independent oil and natural gas exploration and production company based in Palestine, Texas. The company has a 27,557-acre mineral [...]
Look out! U.S. Debt Riskier than Berkshire Hathaway’s
Still not sure whether the debt crisis is over yet? Some smart traders are very sure it’s not over. Consider the latest Federal Reserve Z.1 Flow of Funds report for the close of the calendar year 2009 for the ‘tale of the tape.’ The Federal Reserve Z.1 Flow of Funds report reveals that while households [...]
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