Archive for June 16th, 2008

Unusual Option Activity: Jos. A Bank Clothiers (JOSB)

Jos. A Bank Clothiers Inc. (NASDAQ: JOSB) is generally a fairly thin volume stock with generally light options activity.  Generally…  But the short interest in this stock is always massive as many short sellers and special situation retail investors use this as a battleground stock. Today we have seen what looks like very unusual options [...]

Options Spike: Goldman Sachs (GS)

Shares of Goldman Sachs Group Inc. (NYSE: GS) are trading up today by 1.4% at $180.80 at 12:06 PM EST.  Part of the relief is from Lehman’s (NYSE: LEH) earnings not being an “at-risk”operation and the rest is traders positioning themselves ahead of earnings tomorrow for the investment banking giant.  The flurry of interest is [...]

Price/Volume Surge: Titan Machinery (TITN)

Titan Machinery, Inc. (NASDAQ: TITN) is seeing a surge in trading today.   The ag-equipment player reported earnings and boosted its expectations out to 2009.  Shares are up 10% at $30.87 at 10:31 AM EST.  This was one of the few post-IPO’s we have noted that is up in excess of 50% in 2008.  We have [...]

Pre-Market Volume Surge: Siris & XM (SIRI, XMSR)

Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are seeing shares surge in pre-market trading this Monday morning.  The culprit is a tentative approval recommendation of the merger from FCC with certain conditions on a la carte subscribing. Sirius has seen 2 million shares trade hands and is at $2.75 already this [...]

VOLUME SURGE: ACADIA Goes To The Swamp (ACAD)

ACADIA Pharmaceuticals (NASDAQ: ACAD) is already having a horrible day and is likely going to crisis-mode.  Shares are being more than cut in half and we have already past 150,000 shares even though it is only 8:20 AM EST.  Shares were halted after closing at $8.49 on Friday, but have re-opened down under $4.00 in [...]