Archive for May 22nd, 2009

Unusual Block Volume: Nanosphere (NSPH)

Nanosphere, Inc. (NASDAQ: NSPH) is part of the Lux ETF and saw a sharp rise on Friday. We have NEVER featured this one here for an exponential alert nor for a block volume alert.  Shares were up 20% at $3.60 late in the day on almost 600,000 shares.  That is almost 15-times noirmal trading volume.  [...]

Secondary Volume Surge: Suntech Power (STP)

Suntech Power Holdings Co. Ltd. (NYSE: STP) is actually holding up a bit better than you might have thought.  The solar player priced a 20 million share secondary offering at $12.50 per share, a steep discount from a $13.47 close yesterday.  That is already after STP fell by over $2.30 on word of the offering [...]

Price/Volume Spike: DryShips (DRYS)

DryShips Inc. (NASDAQ: DRYS) traded up after the company said it had completed its “ATM” financing of some $475 million.  It will no longer sell shares in the open market.  Shares closed at $7.04 yesterday, and at 7:56 AM EST we have seen over 553,000 shares trade hands and the stock is up at $7.47 [...]

Price/Volume Alert: Sears Holdings (SHLD)

Sears Holdings (NASDAQ: SHLD) is seeing a surge in price and some decent pre-market volume considering it is not even 8:00 AM EST.  The retailer and part-time hedge fund posted a Q1 profit of $26 million, or $0.21 EPS rather than a loss expected and above a $56 million loss a year ago. Revenue fell [...]