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 [...]
Price/Volume Trader Alert: Yahoo! (YHOO)
Jerry Yang has stepped down as CEO of Yahoo! (NASDAQ: YHOO). Some CEO departures are bad, but this is good. He will Chief Yahoo! again, but everyone knows what a Yeah-hoo he is as a destroyer of shareholder value. Shares are up 12% at $11.90 on over 1.8 million shares with under 5 minutes to [...]
Trader Alert: H-P (HPQ)… Watch Key Moving Averages
Hewlett-Packard (NYSE: HPQ) is trading up 13% on its strong guidance. Shares are up at $33.30 in pre-market trading as of 9:08 AM EST. We have already seen over 3 million shares trade hands. You can read the full details at the link above, but this has put in a bid elsewhere at rivals [...]
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