Archive for July 21st, 2008

OPTIONS VOLUME SURGE: Merck & Schering-Plough (MRK, SGP)

Based upon the mixed to very cautious data on Merck & Co. (NYSE: MRK) and Schering-Plough (NYSE: SGP) study results today.  Traders have now almost triple the normal volume in SGP and almost a full day’s trading volume in MRK.  But the call options and put options activity for the current month data is starting [...]

52-Week High Volume Surge: BADGER METER (BMI)

Badger Meter Inc. (NYSE: BMI) is seeing a surge in volume today and there are price weighted volume alerts as well.  Its 29% gain in net profits is the culprit today. On average, we see 120,000 shares or so trade hands.  Today as of 1:40 PM EST we have seen 300,000 shares trade with a [...]

Price/Volume Surge: Pyramid Oil (PDO)

Pyramid Oil Co. (AMEX: PDO) has just seen a price and volume surge, although news is elusive.  We’d suggest that this is because several chat rooms we monitor from time to time have traders looking at the stock.   So far at 1:06 PM EST we have seen $a 12% gain to $16.62.  Its market cap [...]

Bank of America Leads Bank Volume Spike

Bank of America Corporation (NYSE: BAC) is trading up over 10% at $30.50 in pre-market trading after teh company blew away earnings estimates.  The company noted lower credit quality and gave a huge loss provision but also said Countrywide would be accretive to 2008 earnings. So far we have seen almost 3.9 million shares trade [...]