Archive for November, 2008

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 [...]

Price Tank Alert: Altera Corp. (ALTR)

Altera Corp. (NASDAQ: ALTR) is getting hit hard this Monday morning, although maybe not by as much as if you just looked at the headline and pretended this was somewhat normal times.   Goldman Sachs downgraded the stock by putting it on the Conviction Sell List.
Shares are down 4% at $14.40 9:06 AM EST.  So far [...]

Price/Volume Alert: A-Power Spanking (APWR)

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) is getting hit hard this morning in early pre-market trading.  We have only seen 7,199 shares trade as of 8:50 AM EST, but the prints are down 12% at $4.61 after closing at $5.25 Friday.
A-Power designs, constructs, and tests distributed power generation and micro power grids to factories [...]

Price/Volume Alert: Baidu.com (BIDU)

Baidu.com, Inc. (NASDAQ: BIDU) is being hit as a hi-beta tech proxy this morning.   Shares are at $166.90, down $11.99 or 6.70% as of 8:38 AM EST.  There has not been any direct news, although a Dow Jones article noted Sukhinder Singh Cassidy, Google president of Asia Pacific and Latin America, giving comments last week [...]

Price/Volume Tank Alert: United Therapeutics (UTHR)

United Therapeutics (NASDAQ: UTHR) is down sharply this morning on news that the company’s pulmonary arterial hypertension product failed to meet its primary objectives.  The company did say this will merit ongoing studies and Eli Lilly (NYSE: LLY) has licensed the rights to UTHR for $150 million in an equity stake.
UTHR is trading down sharply [...]

Price Alert: DELL (DELL)

Dell Inc. (NASDAQ: DELL) is down again on the same bit of news as last week… another analyst downgrade.  This morning it was Merrill Lynch that jumped in on the pile-on and cut its rating to Neutral ahead of this Thursday’s earnings.  It seems that selling all these $400 and $500 PC’s is finally dawning [...]

Price/Volume Surge: Rick's Cabaret (RICK

Rick’s Cabaret (NASDAQ: RICK) is trading up sharply this morning.  The largest public adult entertainment venue said that October nightclub sales were up 113% to $6.1 million, and sales at clubs open more than a year were up 8% in October.
If New York is doing so poorly, how is it that the company’s New York [...]

Volume Spike: Wynn Resorts (WYNN)

Wynn resorts (NASDAQ: WYNN) is seeing a flurry of trading at the open.  At 9:35 AM we have already seen 500,000 shares trade hands.  The company priced 8 million shares at $43.50, which is cheap considering the current casino climate.  FULL SYNOPSIS
JON OGG
NOV. 14, 2008

Pre-Market Price/Volume Alert: Nokia, Ericsson, Qualcomm (NOK, ERIC, QCOM, BRCM, TXN)

Nokia (NYSE: NOK) has issued another warning on its sales due to the weak consumer, buying of cheaper phones, holding phones longer and more…..  Nokia shares are down 12% at $12.37 pre-market, down from ayearly high of about $40.00.  If this price holds it will mark a 52-week low.  We have already seen over 2.8 [...]