Volume Spike Investor

Advanced Micro Devices Inc. (NYSE: AMD) was not on the options most active list late in the morning. But a 12:00 AM EST review showed that there had been some 9,044 contracts traded in the JUL08 $7.00 CALL OPTIONS. The Open interest before today was 35,429 contracts. Since then there has been more activity in [...]

Mirant Corp. (NYSE: MIR) is seeing shares up 0.9% at $40.86 on heavy volume of 11.7 million shares as of 10:02 AM EST.  While there hasn’t been any fresh news on the stock, there was a rather unusual trade.  A single block trade posted on the tape for 8,498,396 shares at $40.90 at 9:46.  As [...]

Barrier Therapeutics, Inc. (NASDAQ:BTRX) is seeing a major trading volume surge this morning on a $4.15 proposed cash buyout from privately held Stiefel Laboratories.  Right after the open at 9:31 AM EST we have seen 2.8 million shares trade hands.  Shares are now At $4.00. Full buyout details and analysis at BioHealthInvestor.com. 52-Week Range:      $1.63 [...]

Gold is being pounded this morning after the dollar has recovered against the Yen and other currencies.  Many of the gold producers and gold bug related stocks are taking it on the chin on active volume in pre-market trading. ETF: SPDR Gold Shares (NYSE: GLD) down 2.45% at $86/.77 on 692,000 shares at 8:44 AMEST. [...]

If you have been following the BCE Inc. (NYSE: BCE) merger saga, you’ll be happy to know it looks like it is ending.  The Canadian courts have ruled that the Ontario Teachers buyout can proceed despite the bondholders’ complaints.  This has traded more than 2.2 million shares in after-hours trading today at 5:20 PM EST.  [...]

Insulet Corporation (NASDAQ: PODD) was a stock we had reviewed at BioHealth today, but after a further look the downward volume is highly out of the norm.  Canaccord Adams downgraded the stock this morning and it was the first analyst to break ranks.  Technicians don’t care about analysts, so they will be focusing on today’s [...]

PMC-Sierra Inc. (NASDAQ: PMCS) is one of the old tech names that has been often overlooked.  Today we saw a strange options trade the may be a red flag because of the size.  The NOV08 $10.00 PUT options have seen some 11,049 contracts trade today.  The open interest before this was a mere 81 contracts.  [...]

Synthesis Energy Systems, Inc. (NASDAQ: SYMX) is seeing a surge in early trading this Friday morning.  The company sold 10 million shares at $9.25 in a secondary offering.  This is after closing at $9.54 yesterday and its 52-week trading range is $6.56 to $15.92.  Before the offering its average daily volume was only about 50,000 [...]

If you watched the after-hours trading volume on NASDAQ last night you might have though that something was brewing Synchronoss Technologies, Inc. (NASDAQ: SNCR).  According to NASDAQ the stock traded some 207,200 shares after the 4:00 PM close with a final print down some 5.9% at $10.86 after closing at $11.54.  The issue at hand [...]

SandRidge Energy, Inc. (NYSE: SD) has just about never shown up in active screen alerts. Not in stock volume, nor in options. But…. We have now seen in the SEP08 $80.00 CALLS a total of some 31,371 contracts trade hands today and this was not in the options screens just an hour ago. On last [...]