WRIT climbs, MTRO trades, QING drops
Posted on: March 23rd, 2011Written by:
Writer’s Group Film Corp. (Pink Sheets: WRIT) climbed in price 80.5% to 6.3 cents in Wednesday’s trading. Volume was 29.6 million shares, more than four times its daily average, a day after one of its subsidiaries announced the acquisition of several hours of unique Metallica 3D & 2D concert video footage for distribution.
Metro One Development Inc. (Pink Sheets: MTRO) was among the volume leaders in the microcap sector, dealing in 112.7 million shares, on nearly 10 times its average. Share prices were flat at two-100ths of a cent.
Qingdao Footwear Inc. (OTCBB: QING) dipped 66.7% in price Wednesday to 80 cents, on volume of 15,933 shares, or nearly seven times its daily average. The company is a designer and retailer of men and women’s footwear products.