Thursday, October 15, 2009

Linktone Sees Exponential Trading Volume (LTON)

Linktone Ltd. (Nasdaq: LTON) is surging on news that the wireless interactive entertainment company in China has entered into a mobile video agreement to make video highlights of Major League Baseball games available to customers in China with China National Radio Mobile Media (Beijing) Co. Ltd.  This is traditionally a low volume stock with only about 62,000 shares trading per day.  At 10:41 AM EST we have seen an exponential volume day with some 385,000 shares traded (6X volume) and the stock is up 20% at $2.50.  JON C. OGG


No comments:

Post a Comment