Netflix Gets Stung (NFLX)
Netflix Inc. (NASDAQ: NFLX) is feeling some pain early this morning, although trading volume is more indicative of confusion rather than conviction for a stock that trades almost 1.5 million shares per day. The online DVD rental service via mail sees Q3 revenues of $343 to $348 million and Q4 revenues of $353 to $359 [...]
Day Trader Alert: CombinatoRx Crushed
CombinatoRx, Incorporated (NASDAQ: CRXX) is a thin volume stock seeing its stock implode this morning. The company released poor Phase IIb study data of Synavive for Knee Osteoarthritis and its shares are paying the price. Shares closed at $3.00 Friday and its 52-week trading range was $2.86 to $6.99. Its pre-market stock trading indications are [...]
Day Trade Alert: Unbelievable Move at Aggie Mae (AGM)
Federal Agricultural Mortgage Corp. (NYSE: AGM) , or Farmer Mac, is seeing an almost unreal move up this morning. The company has been against the ropes and is down over 80% from highs. This morning it sold $65 million in preferred stock, but as we noted at 24/7 Wall St., it comes at a very [...]
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