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Biggest Tech. Losers were EONC, CHIP, WAVX as reported by Penny Stock Pick Alert

Biggest Tech. Losers wereeOn Communications Corporation, VeriChip Corporation and Wave Systems Corp. as reported by Penny Stock Pick Alert.

 


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(EMAILWIRE.COM, November 11, 2009 ) Dallas, TX- eOn Communications Corporation (NASDAQ:EONC) decreased 9.15% to close at $2.63. The stock hit an intraday high and an intraday low of $3.37 and $2.51 respectively. In the last six months the stock went up over 286%. eOn Communications Corporation is a provider of communications solutions. eOn's offerings are built on open architectures that enable adoption of technologies, such as voice over Internet protocol and concepts, such as service-oriented architectures.

VeriChip Corporation (NASDAQ:CHIP) plunged 7.07% to end the day at $1.71 on over 980K shares after the company announced that VeriChip has completed its acquisition of Steel Vault to provide health and security identification tools to protect consumers and businesses. In conjunction with the merger, VeriChip has changed its name to PositiveID. Under terms of the agreement and plan of reorganization, Steel Vault stockholders will receive 0.5 shares of VeriChip common stock for every share of Steel Vault common stock held.

Wave Systems Corp. (NASDAQ:WAVX) went down 10.91% to $0.980. The stock hit an intraday high and an intraday low of $1.01 and $0.94respectively. In the last six months the stock went up over 36%. Wave Systems Corp. develops, produces and markets products for hardware-based digital security, including security applications and services that are complementary to and work with the specifications of the Trusted Computing Group, an industry standards organization comprised of computer and device manufacturers, software vendors and other computing products manufacturers.

ABOUT http://www.PennyStockPickalert.com
www.pennystockpickreport.com is one of the leading stock web site that provides free stock alerts and tracks small cap penny stocks that could be on the brink of a massive breakout. If you wish to get your company featured on our website then please contact us at info @PennyStockPickReport

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