Dallas, TX 10/19/2009 11:44:18 PM
News / Business

(NASDAQ:USEG, SINA, PWRD) - Today’s Most Active Stock

Top Stock News

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U.S. Energy Corp. (NASDAQ:USEG) is amongst the top volume gainers in the early few minutes. The stock has spurted 1.07% and is trading at $6.57 with an unusual volume of 919k shares. The company announced the initial production rate from its Brad Olson 9-16 #1H Bakken well and provided an overall operations update regarding its various interests in the oil and gas sector. The Brad Olson 9-16 #1H flowed at an initial 24-hour production test rate of approximately 1,805 barrels of oil and 1.84 MMCF of natural gas per day or 2,112 BOE/D. The well was completed with swell packers and 28 fracture stimulation stages. USE's initial working interest in this well is approximately 61% (~48% net revenue interest), and sales from this well are expected to commence immediately. The stock has a 52-week range of $1.45-$7.30. Today the stock also created a new 52-week high of $7.30. So far in the last six months the stock has rallied over 180%. U.S. Energy Corp. (USE) acquires and develops energy-related and other mineral properties. The Company is primarily involved in the acquisition of mineral properties, the exploration and development of those properties, and from time to time the sale and lease of mineral-bearing properties and production and/or marketing of minerals.


SINA Corporation (USA) (NASDAQ:SINA) climbed 6.06% over its previous day’s price and now trades at $40.98 on huge volume of 439k shares on no news. The stock has a 52-week range of $17.89-$41.23. Today the stock also created a new 52-week high of $41.23. SINA Corporation (SINA) is an online media company and mobile value-added services (MVAS) provider in the People’s Republic of China and for Chinese communities worldwide. The Company offers a network of localized Websites and provides services through five business lines: SINA.com (online news and content), SINA Mobile (MVAS), SINA Community (Web 2.0-based services and games), SINA.net (search and enterprise services) and SINA E-Commerce (online shopping).

Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) augmented 5.00% to $44.31 on a huge volume of 439k shares on no news.  The stock has a 52-week range of $8.78-$50.49.  So far in the last six months the stock has rallied over 166%. Perfect World Co., Ltd. (Perfect World) is an online game developer and operator in the People’s Republic of China (PRC). The Company primarily develops online games based on its game engines and game development platforms. As of December 31, 2008, the Company in PRC launched seven self-developed MMORPGs, such as Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West and Battle of the Immortals, and its first online casual game, Hot Dance Party.


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