Volume Spike Investor

Level 3 Communications Inc. (NASDAQ: LVLT) is trading up 7% at $1.21 in a sudden flurry of trading.  The WSJ has reported that it is in preliminary talks with Sprint over a joint venture.  As of 2:35 PM EST this one crossed into positive territory and has easily crossed over 140% of its average daily [...]

Satcon Technology Corporation (NASDAQ: SATC) is getting hammered this morning on a deep discount secondary offering.  That is an understatement.  The company priced its previously announced public offering of 15,557,692 shares of common stock at $1.30 per share. The problem is that this stock closed at $2.11 yesterday.  We have already doubled the normal trading [...]

SEQUENOM, Inc. (NASDAQ: SQNM) was trading higher yest again this morning in the early hours.  We had it trading as high as $5.80 in early bird indications after a 58% gain yesterday to $5.30.  Again, there was no formal news yesterday. Just a rumor and presentation.  As there is still no news this morning shares [...]

Dendreon Corp. (NASDAQ: DNDN) is seeing a gap-up this morning after Citigroup started coverage of the prostate cancer PROVENGE owner with a BUY rating and a $35 price target.  Shares closed at $25.61 yesterday, and at 8:17 AM EST we have seen 35,000 shares trade hands.  The last price is $26.45.  As a reminder, the [...]