Archive for August 18th, 2008

VOLUME SPIKE: Take-Two (TWO, ERTS)

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is seeing a major move this morning.  So far it isn’t a good one.  Shares closed Friday at $24.84 and we are seeing a 5.5% drop to $23.47 on 426,906 shares as of 9:25 AM EST. If you recall, Electronic Arts (NASDAQ: ERTS) has been in an effort to [...]

Volume Spike: Lowe's & Home Depot (LOW, HD)

We are seeing a lot of buying interest in Lowe’s Comanies inc. (NYSE: LOW) that is strong enough to spill over into shares of larger rival Home Depot (NYSE: HD).  The buying interest is after lowe’s managed to beat estimates and keep tepid guidance in line with estimates.  The hopes that Tropical Storm Fay turning [...]

Volume Spike: Fannie & Freddie (FNM, FRE)

We are seeing a huge amount of share volumke heading in and out of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) early this Monday morning.  Barron’s panned the GSE lenders over the weekend saying that a taxpayer and government bailout/recapitalization was likely to wipe out common shareholders entirely and would likely cause large [...]