Dallas 2/23/2011 2:28:26 AM
News / Finance

CBONQ, DLKR, IFNY, TKGBY, LUKOY: Tuesday's Rockstars With Astronomical Gains

Tuesday's Rockstars With Astronomical Gains: CBONQ, DLKR, IFNY, TKGBY, LUKOY

Community Bancorp (PINK:CBONQ) has exploded an astronomical 2566% with a light volume of 39,100 shares. Compared to its three-month average volume of 10,963 shares, it is fair to say that the volume is three times its normal amount. The stock has a 52-week range of $0.01 and $1.60 and a small market capitalization of $82,000.

Community Bancorp is the bank holding company for Community Bank of Nevada and Community Bank of Arizona. Through its subsidiary banks Community Bancorp delivers a range of commercial bank products and services with an emphasis on customer relationships and personalized service. During the year ended December 31, 2007, the Company had total assets of $1.7 billion, gross loans of $1.4 billion, total deposits of $1.2 billion and stockholders' equity of $235.1 million.

Delek Resources Inc. (PINK:DLKR) has risen 650% or $0.04 to settle at $0.05 a share with an increasing volume of 3,063,530 shares. The stock has a daily range between one cents and eight cents a share with an average volume of 830,000 shares. Delek Resources has a market capitalization of $2.38 million and a negative earnings-per-share.

Delek Resources, Inc. was engaged in the business of owning and operating upscale cigar emporiums devoted to the sale of cigars and cigar related merchandise. The Company discontinued its business and in October 2003, merged into Delek Corp., an oil and gas exploration company.

Infinity Energy Res. (PINK:IFNY) has risen 18.92% or $.35 to settle at $2.20 a share with an increased volume of 283,113 shares, which represents a volume that is seven times more than the average three-month volume of 34,409 shares. The company has a market capitalization of $41.07 million and has had a 52-week range of between 0.70 cents and $2.50 a share.

Infinity Energy Resources, Inc. (Infinity) is engaged in the acquisition, exploration, development and production of natural gas and crude oil in the United States and the acquisition and exploration of oil and gas properties offshore Nicaragua in the Caribbean Sea. The Company is also produces natural gas and oil from its properties in Texas.

Turkiye Garanti Bankasi AS (PINK:TKGBY) has lost 2.88% or $.14 to settle at $4.72 a share with an exploding volume of 5,088,996 shares compared to its average three-month volume of 573,827 shares. The stock's 52-week range has been between $3.25 and $6.62 a share compared to today's range of $4.70 and $4.79 a share.

Turkiye Garanti Bankasi AS, through its subsidiaries, provides corporate, commercial, small business, retail, and investment banking services primarily in Turkey. The company offers time and demand deposits, accumulating deposit accounts, foreign currency deposits, overdraft accounts, investment accounts, repos, point of sale machines, and checks.

Lukoy (PINK:LUKOY) has risen 1.14% or $.75 to settle at $66.50 a share with a moderate volume of 138,069 compared to its average three-month volume of 143,222 shares. The stock has been trading between $44.35 and $67.52 in the last 52-week range with an average three-month volume of 143,222 shares. Company has a market capitalization of $52 billion and a P/E ratio of 6.53.

LUKOIL is a Russia-based integrated oil and gas company. The Company is engaged in the business of oil exploration, production, refining, marketing and distribution. The Company's exploration and production activity is located in Russia, and its main resource base is in Western Siberia. It owns modern refineries, gas processing and petrochemical plants located in Russia, Eastern and Western Europe.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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