Archive for July 22nd, 2008

PRICE/VOLUME SURGE: deCODE Genetics (DCGN)

We just saw a sudden volume and price surge in shares of deCODE Genetics Inc. (NASDAQ: DCGN).  The culprit is a CNBC interview with a scientist around 12:45 PM EST.  At 12:46 PM EST we have seen a 24% surge in price to $1.70 on 550,000 shares. Its average daily volume is only about 225,000 [...]

Downward Volume Surge: Millicom Int'l Cellular (MICC)

Millicom International Cellular SA (NASDAQ: MICC), a global emerging market wireless and telecom player based in Luxembourg, is seeing a severe volume surge to the downside today. The company posted results, but it also made two more announcements.  The company is spending roughly $510 million (enterprise combining debt with purchase price) to acquire Amnet Telecommunications, [...]

Volume Surge: Woodward Governor Hits All-Time Highs (WGOV)

Woodward Governor Co. (NASDAQ: WGOV) is seeing a sharp rise in shares today after the company beat earnings estimates last night.  We are seeing a 14% rise to $43.72 as of 10:26 AM EST, but more important is the trading volume.  An average day is about 720,000 shares and in less than one hour we [...]