Volume Spike Investor

Shares of Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) have hit skid row again on no real news.  We have inquired around and the culprit is traders attacking the stock.  They are using these as hedges on other positions, but there may be more the concerns of this “investment bank turned banker” business [...]

Sirius XM Radio (NASDAQ: SIRI) was one of today’s surprises, even for a penny stock.  In fact, that could even be “particularly for a penny stock” based upon the change compared to recent activity.
Sirius shares traded over 98 million shares and shares rose 30% to $0.38.  Its shares are also higher by almost another $0.02 [...]

Thoratec Corp. (NASDAQ: THOR) has fallen from grace on a product recall, the last thing a company which makes its living off of medical devices to treat heart failure wants to be under.  Shares are paying a price for the action too.
This stock is down almost 17% at $20.90 (10:30 AM EST) and the 52-week [...]

Jupitermedia Corp. (NASDAQ: JUPM) is seeing an exponential volume and price surge this morning before the open.  You can read the full details of its online media sale to getty for stock photos and more at 24/7 Wall St. but for day traders the important issue is the jump.  The compnay will continue to operate [...]

Dynavax Technologies Corp. (NASDAQ: DVAX) is seeing its stock trading down some 75% as of 10:25 AM EST This morning.  The company gave an update on an FDA clinical hold on its investigational vaccine HEPLISAV with partner Merck & Co. (NYSE: MRK), and as you can imagine it is looking rather grim.  Here is a [...]

ICO Global Communications (NASDAQ: ICOG) is trading up more than 100% this morning after a major court win of “at least $371 million” against The Boeing Company (NYSE: BA).  This company’s market cap was only $153 million as of yesterday’s close. Here are the full details of the award at 24/7 Wall St.
ICO Global has [...]

Red Hat Inc. (NYSE: RHT) has seen a very unusual amount of activity in its stock options today.  We have witnessed some 36,208 contracts having traded in the JAN-2009 $22.50 CALLS alone.  Some of these could be sells as the open interest is more than 43,000 contracts, but that is a very unusual move in [...]

Traders hate chasing losers.  Frequently the worst calls on the street are the ones where traders chase losers when the broad market is up.
Today there is a surprise drop in YRC Worldwide (NASDAQ: YRCW) down almost 8% at $5.45.  Amazingly, that isn’t even a 52-week low.  Fitch lowered the debt ratings and credit quality here.
We [...]

This morning we are seeing two key financiall stocks getting hacked despite the global rate cuts.
Bank of America (BAC) is getting hit hard after pricing 455 million shares at $22.00.  That was alreadu a sharp discount and after a massive market tank.
MetLife (MET) is also getting hacked this morning after it pre-announced lower than expected [...]

This morning we put out an alert at 24/7 Wall St. showing how many new stocks were hitting 52-week lows.  What was shocking was how many major and key technology or Internet names were on the list.  You can see the full list of lows here, but here are some of those technology stocks hitting [...]