Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

9/16/14

Sino-Global Shipping America Ltd. (SINO)

Sino-Global Shipping is going full speed ahead today, up 29.06% to $3.24. The shipping agency for ships entering and departing Chinese ports saw it shares pop after announcing that its revenue spiked 452.5% to $3.7 million, year over year. The company said that the huge change in revenue is attributed to its newly debuted Inland Transportation Management Service business. The huge increase in revenue change the company's net loss last year into a net gain for this year. Sino-Global shares hit a new 52-week high of $4.69 intraday.

VirnetX Holding Corp. (VHC)

VirnetX is crashing today, down 44.64% to $8.26. The software and technology company saw its shares fall sharply into the red after an appeals court said a $386 million jury award for patent infringement against Apple would be cut. VirnetX's award was due to the claim that Apple infringed on VirnetX's technology regarding FaceTime and VPN on demand. The U.S. Court of Appeals said the verdict for the case was "tainted" by erroneous instructions given to the jury, and that some of the testimony from a VirnetX expert should have been excluded from the case. VirnetX shares fell over $6.50 today but are still holding above their 52-week low of $6.00.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.