Top Stock Movers: Vringo, Inc. (NYSE: VRNG), Livewire Ergogenics, Inc. (OTCQB: LVVV), Lifevantage Corporation. (NASDAQ: LFVN)...
December 17 2012 - 9:00AM
Marketwired
Stocks On The Move Report: Vringo, Inc. (NYSE: VRNG), Livewire
Ergogenics, Inc. (OTCQB: LVVV), Lifevantage Corporation (NASDAQ:
LFVN), Southridge Enterprises Inc. (OTCQB: SRGE).
Vringo, Inc. (VRNG) has seen it's share price slowly begin to
decline ever since the company won its patent-infringement suit
against Google and the software developer for cellphones was
awarded $30 million in damages. Of the $30 million awarded to
Vringo, Google will pay $15.9 million, AOL will pay $7.9 million,
IAC will pay $6.6 million. The stock closed Friday at $3.00 on well
below average volume of just 1.2 million shares traded. Find out
when the next catalyst could spark a new rally in the companies
share price by reading our exclusive report:
http://squawkboxstocks.com/report/VRNG
Livewire Ergogenics, Inc. (LVVV) makers of the innovative
LiveWire Energy™ Chew products, rose sharply to close the week
after the company announced that its Board of Directors has
declared a dividend payable to stockholders of record on January
18, 2013 ("Record Date"). The dividend will be equal to 20% of the
share price at the market close on the Record Date. The dividend
will be payable in common stock. On Friday, shares rose to a high
of $0.315 before settling down to close the day at $0.247
representing a 41.14% gain. Will the stock continue to rise or see
a decline following last week's big rally? Find out more in our
exclusive report at: http://squawkboxstocks.com/report/LVVV
Lifevantage Corporation (LFVN) saw shares gain 18.64% to close
the week at $2.10 after the company announced that its Board of
Directors approved a share repurchase program that authorizes the
Company to utilize up to $5 million to purchase shares of its
common stock. Will the share price of LFVN continue to rise to
start the week? Find out in our exclusive report at:
http://squawkboxstocks.com/report/LFVN
Southridge Enterprises Inc. (SRGE) saw shares decline 12% to
$0.0066 to close the week on volume of nearly 35 million shares
changing hands. On Monday the company announced it has engaged
Magna Group Capital Management, LLC. regarding their services to
facilitate the up-listing process to the OTCBB and has received a
term sheet from Magna. Find out if the stock could see a bounce
& begin to stage a rally as we near further news regarding
their uplisting process in our exclusive report at:
http://squawkboxstocks.com/report/SRGE
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