Dallas 3/23/2011 8:06:04 AM
News / Finance

BLOAQ, FNMA, SKPN, GBTO, TNRI: Recent Active Names Awfully Quiet Today:

Recent Active Names Awfully Quiet Today: BLOAQ, FNMA, SKPN, GBTO, TNRI

Blockbuster Inc. (PINK:BLOAQ) has lost 3.7% to settle at $.10 a share with a volume of 461,000 shares. For the past 52 weeks the stock has been trading between four cents a share and $.60 a share with an average volume of 3 million shares. Company has a market cap of $22.8 million and has 219 million outstanding shares.

Blockbuster Inc. is a global provider of rental and retail movie and game entertainment, with over 6,500 stores in the United States, its territories and 17 other countries as of January 3, 2010. The Company operates in two segments: Domestic and International. The Domestic segment consists of the United States store operations and by-mail subscription service operations, in addition to vending kiosks and the digital delivery of movies, through blockbuster.com and BLOCKBUSTER On Demand.

Federal National Mortgage Association (OTCBB:FNMA) has gained 3.12% to settle at $.40 a share with a volume of 7.59 million shares. For the past 52 weeks the stock has been trading between $.19 and $1.36 a share with an average volume of 35 million shares. Company has a market cap of $448 million and has 1.12 billion in outstanding shares.

Federal National Mortgage Association (Fannie Mae) is a government-sponsored enterprise (GSE) chartered by the United States Congress to support liquidity and stability in the secondary mortgage market, where mortgage related assets are purchased and sold. The Company's activities include providing market liquidity by securitizing mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS), and purchasing mortgage loans and mortgage-related securities in the secondary market for its mortgage portfolio.

SkyShop Logistics (OTCBB:SKPN) has lost 52.31% to settle at three cents a share with a volume of 72,000 shares. For the past 52 weeks the stock has been ranging between $0.03 and $.15 a share with an average volume of 4900 shares. Company has a market cap of $3.73 million and has 120 million common outstanding shares.

SkyShop Logistics, Inc., formerly SkyPostal Networks, Inc., is a private mail network in the Latin American-Caribbean (LAC) region handling mail and parcels from United States and European postal administrations, mail consolidators, major publishers, international mailers, e-tailers and financial institutions that require delivery of their mail, including magazines, catalogs and parcels.

Globotek Holdings (OTCBB:GBTO) has lost 58.82% to settle at $0.007 with a volume of 1.32 million shares traded. For the past 52 weeks the stock has been trading between one cents and $.34 a share with an average volume of 2800 shares.

Titan Resources Intl (PINK:TNRI) has gained 20% to settle at $0.016 with a volume of 1.35 million shares. For the past 52 weeks the stock has been trading between one cents and $.20 a share with an average volume of 111,000 shares.

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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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