Sequenom's Questionable Trading Day (SQNM)
Sequenom (SQNM) saw an exponential move today despite no real news. The rumors in the marketplace are that the company is close to resolving at least some of the lab test issues that created a near-term scandal and cratered the stock. We have seen shares move nearly 40% as of 3PM EST today on more [...]
Exponential Price/Volume Alert: MDRNA (MRNA)
MDRNA Inc. (NASDAQ: MRNA) has received full FDA approval of generic calcitonin-salmon nasal spray for the treatment of osteoporosis. Par Pharmaceutical Companies Inc. (NYSE: PRX) has launched the product. As far as MRNA is concerned, this is the generic equivalent of Miacalcin® nasal spray, marketed by Novartis, which had U.S. sales of Miacalcin® were approximately [...]
Price/Volume Alert: Ceradyne (CRDN)
Ceradyne, Inc. (CRDN) is getting hit hard this morning on revised guidance for 2009 to the lower end of the range. Its earnings are expected at the low-end of the $1.60 to $2.00 EPS range for 2009 and took revenues to a range of $420 to $440 million vs. prior range of $465 to $500 [...]
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