Archive for June 11th, 2009

Options Spiking in E*TRADE (ETFC)

It appears as though investors and traders alike are speculating on the recent reports of Citadel being in negotiations with E*TRADE Financial Corp. (NASDAQ: ETFC).  The hedge fund has already made an investment in E*TRADE and its head Ken Griffin has now taken a board seat at the company.  After all, Citadel has something to [...]

STAAR SURGICAL…. Exponential Volume, Again (STAA)

STAAR Surgical Company (Nasdaq: STAA) is going to be the big surprise for Thursday. The company announced that the FDA has granted marketing approval for its Epiphany Injector System for use with the Affinity(TM) Collamer® Three-Piece NTIOL and the Elastimide(TM) Silicone NTIOL. STAAR closed at $1.49 yesterday and the 52-week range is $0.79 to $5.98.  [...]

Odd Pre-Market Volume: Evergreen Solar (ESLR)

Evergreen Solar  Inc. (NASDAQ: ESLR) is seeing strange upside volume.  There has been no news this morning out of the company but we have seen 271,000 shares trade hands as of 8:12 AM EST.  Shares are up 10% at $2.78 on last look.  This may just be further speculative excitement on the solar stocks now [...]

Price/Volume Alert: Human Genome Sciences (HGSI)

Human Genome Sciences Inc. (HGSI) gave positive data on its Lupus studies.  This showed that Phase 2 continuation data demonstrated sustained improvement in disease activity and patient response rate through four years of BENLYSTA therapy.  In early trading at 7:59 AM EST shares up 15% or so pre-market from $2.71 close to $3.15 in early [...]