Citigroup Inc. (NYSE:C) Was The Most Active Stock On NYSE
CIT Group Inc. ( NYSE:CIT) and Colonial BancGroup, Inc. ( NYSE:CNB) - Among The Top Traded Stocks
(EMAILWIRE.COM, August 06, 2009 ) New York, NY - PennyStockPickAlert is pleased to alert investors of stocks on the move.
CIT Group Inc. ( NYSE:CIT) jumped up 16.52% in today’s trade to closed at $1.62 on very unusual volume of 222.18 million shares. CIT Group Inc. on Monday cleared another hurdle in its restructuring effort as it attempts to avoid bankruptcy protection, saying it has received enough offers to complete a debt repurchase program. In the last 5 trading sessions, the stock has moved up over 115%.
Citigroup Inc. ( NYSE:C) was one of the top active stocks. The stock opened on a positive note but surged in the later part of the day and closed at $3.80, up 6.15% on huge volume of 1.19 billion shares. Yesterday, A record 347 million Citigroup Inc (C.N) shares changed hands on the stock's closing trade Wednesday, surpassing by far the New York Stock Exchange's previous record, logged only last week, the exchange said after markets closed. In the last 5 trading sessions the stock has jumped up over 21%.
Colonial BancGroup, Inc. ( NYSE:CNB) was another stock which rallied 37.25% on huge volume of 19.21 million shares and closed at $0.70 on no news. The Colonial BancGroup, Inc. (BancGroup) is a financial services company that provides diversified services, including retail and commercial banking, wealth management services, mortgage banking and insurance products. The principal activity of the BancGroup is to supervise and coordinate the business of its subsidiaries. The BancGroup derives substantially all of its income from Colonial Bank, N.A (Colonial Bank) its banking subsidiary.
Penny Stock Pick Alert alerts its members on stocks that could generate higher than average returns. These include stocks with huge volume, penny stocks that are moving to the upside quickly, hot penny stocks with buy signals and companies with news. Our penny stock newsletter is well known for producing incredible results in a short amount of time and our members have made outstanding profits of over 100%. We encourage investors to join our FREE e-mail alerts by visiting Penny Stock Pick Alert
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Investors who are interested in hot stocks on the move and making money in the stock market can receive FREE Alerts by visiting Penny Stock Pick Alert PennyStockPickAlert.com is a leading stock web site that provides free stock alerts on stocks that are poised to make big gains. PennyStockPickAlert.com also tracks small cap penny stocks that could be on the brink of a massive breakout. To feature a company on our web site please contact us at info@PennyStockPickAlert.com
CIT Group Inc. ( NYSE:CIT) jumped up 16.52% in today’s trade to closed at $1.62 on very unusual volume of 222.18 million shares. CIT Group Inc. on Monday cleared another hurdle in its restructuring effort as it attempts to avoid bankruptcy protection, saying it has received enough offers to complete a debt repurchase program. In the last 5 trading sessions, the stock has moved up over 115%.
Citigroup Inc. ( NYSE:C) was one of the top active stocks. The stock opened on a positive note but surged in the later part of the day and closed at $3.80, up 6.15% on huge volume of 1.19 billion shares. Yesterday, A record 347 million Citigroup Inc (C.N) shares changed hands on the stock's closing trade Wednesday, surpassing by far the New York Stock Exchange's previous record, logged only last week, the exchange said after markets closed. In the last 5 trading sessions the stock has jumped up over 21%.
Colonial BancGroup, Inc. ( NYSE:CNB) was another stock which rallied 37.25% on huge volume of 19.21 million shares and closed at $0.70 on no news. The Colonial BancGroup, Inc. (BancGroup) is a financial services company that provides diversified services, including retail and commercial banking, wealth management services, mortgage banking and insurance products. The principal activity of the BancGroup is to supervise and coordinate the business of its subsidiaries. The BancGroup derives substantially all of its income from Colonial Bank, N.A (Colonial Bank) its banking subsidiary.
Penny Stock Pick Alert alerts its members on stocks that could generate higher than average returns. These include stocks with huge volume, penny stocks that are moving to the upside quickly, hot penny stocks with buy signals and companies with news. Our penny stock newsletter is well known for producing incredible results in a short amount of time and our members have made outstanding profits of over 100%. We encourage investors to join our FREE e-mail alerts by visiting Penny Stock Pick Alert
ABOUT Penny Stock Pick Alert
Investors who are interested in hot stocks on the move and making money in the stock market can receive FREE Alerts by visiting Penny Stock Pick Alert PennyStockPickAlert.com is a leading stock web site that provides free stock alerts on stocks that are poised to make big gains. PennyStockPickAlert.com also tracks small cap penny stocks that could be on the brink of a massive breakout. To feature a company on our web site please contact us at info@PennyStockPickAlert.com
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