Volume Spike Investor

STEC, Inc. (NASDAQ: STEC) posted solid revenues, earnings, and margins.  Its revenue for Q1-2009 was $63.5 million, an increase of 25.2% year over year.  It also posted on-GAAP $0.17 EPS, up from $0.07 year over year and up from $0.05 sequentially.  This compares to Thomson Reuters estimates of $58.95 million in revenues and $0.11 EPS.

MBIA Inc. (NYSE: MBI) is surging in after-hours trading by 16% at almost $8.00 per share on almost 800,000 shares as of 5:29 PM EST.  This is on the heels of a report that the company managed to post a profit for the quarter.  This is strong enough that it also has Ambac Financial Group [...]

Cell Therapeutics, Inc. (NASDAQ: CTIC) is trading up big this morning and we have now crossed the 150% threshold of daily average trading volume.  Over the weekend, there was a report from BiomedReports calling the company’s turnaround plan as being on track.  This is after much narrower losses last week.  Shares are up 20% at [...]

Anadys Pharmaceuticals, Inc. (NASDAQ: ANDS) is trading higher after ThinkEquity raised the rating to BUY from Accumulate with a $6.00 Target (implied up over 100% and almoist even 200% from Friday’s close).  Shares closed Friday at $2.12 and we are now seeing a $2.4 trade, up 13.68% on 118,060 as of 9:18 AM EST. -JON [...]

DryShips, Inc. (NASDAQ: DRYS) is getting spanked pretty hard pre-market.  Shares down 8.75% at $7.30 at 8:28 AM EST on over 630,000 shares.
There are DJ HEADLIENS calling a “Cantor Downgrade to Sell” but this is actually a “re-downgrade call that is not new.  DRYS was cut to Sell on Friday at Cantor according to later [...]