Massive Volume Spike: BCE (BCE)
BCE, Inc. (NYSE: BCE) is about to have a crummy trading day. Shares are getting killed this morning after KPMG issued an opinion statement that because of a decline in assets and because of the extra debt burden on a post-merger basis, it could not give a “solvency letter” by the December 11 merger closing [...]
Volume Spike: Solar Power Players (FSLR, SOLR, JASO, SOLF)
As of 9:09 AM EST we are seeing a substantial interest in the price of solar power stocks. Stocks in general rising are helping out, and the pop of $2.00 in oil today probably is not hurting matters. First Solar (NASDAQ: FSLR) $92.81 close, $98.00 last, +5.6% on 23,000 shares. GT Solar (NASDAQ: SOLR) $2.49 [...]
Volume Spike: TASER (TASR)
TASER International, Inc. (NASDAQ: TASR) is seeing a rally pre-market. As of 9;00 AM EST we have seen over 35,000 shares trade hands and the last trade was up about 15% at $3.10. It looks like the news is that the LAPD is upgrading its TASER program with an order of 1,275 of the TASER [...]
Price Alert: Whole Foods (WFMI)
Whole Foods Market Inc. (NASDAQ: WFMI) is trading up this morning after the company was given a positive article in Barron’s over the weekend. The premise is that the organic and high-end grocer is not broken and if normal times were in the market that shares “would be beyond the bottom.” Shares are up over [...]
Volume Spike Alert: Teva (TEVA, BCR, BAX, ESRX)
Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) is trading up on rather active pre-market volume this Monday morning. The company was featured as one of four recession resistant stocks in Barron’s over the weekend. Shares of the Israel-based generic and name brand drug maker have already seen more than 25,000 shares trade hands at 8:05 AM [...]
Volume Spike: Canadian Solar (CSIQ)
Canadian Solar Inc. (NASDAQ:CSIQ) is trading lower on earnings. Shares are down 7% at $3.50 pre-market on more than 43,000 shares (8:33 AM EST). The good news is that this is off of lows and shares were already down about 90% from its 52-week high of $51.80. The company missed earnings and guided down its [...]
Volume Spike: Theravance (THRX)
Theravance, Inc. (NASDAQ: THRX) is about to re-open for trading after its stock was halted all day during the FDA PANEL REVIEW. This stock is set to resume at 3:00 PM EST. Shares are indicated higher after a $6.72 close yesterday and its 52-week trading range is $5.34 to $26.09. Count on high trading volume. [...]
Volume Spike: NuVasive (NUVA, MDT)
NuVasive Inc. (NASDAQ: NUVA) has been absolutely crushed today, and that is after almost non-stop selling in the spinal-device maker . Shares have been off as much as 22%, and this is partly after medical-device company Medtronic Inc. (NYSE: MDT) received a subpoena from the U.S. Department of Justice regarding usage of it spinal-bone-graft product [...]
IMPLOSION ALERT: XTL Biopharma (XTLB)
XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) failed to meet primary and secondary endpoints in its Phase IIB study to treat neuropathic pain in diabetes patients. This looks like the newest biotech zombie. In only about 15 minutes of normal trading and with the pre-market trading volume, there has been over 12 million shares trading hands. This [...]
Price/Volume Surge: IDM Pharma, Inc. (IDMI)
IDM Pharma, Inc. (NASDAQ: IDMI) is seeing a volume and major price surge right at the open. The company received recommendation for approval of Mifamurtide for the treatment of patients with non-metastatic, resectable osteosarcoma in Europe from the Committee for Medicinal Products for Human Use of the European Medicines Agency. The agency has issued a [...]
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