Archive for June 29th, 2009

Price/Volume Alert: SLM Thru $10 on Active Trading (SLM)

SLM CORPORATION (NYSE: SLM) is seeing a flurry of continued interest today.  In the first 27 minutes of trading, SLM traded 3.8 million shares compared to 12 million on average.  Shares are up almost 10% at $10.15 and the 52-week range is $3.11 to $20.49.  FBR raised the target to $16.00 from $13.00 based on [...]

Key Volume Alert: Biogen Idec (BIIB)

Biogen Idec Inc. (NASDAQ: BIIB) is down on active volume this morning after disclosing its 10th PML case with Tysabri for MS in patients.  Shares are down 5.8% at $47.17 on 1.1 million shares as of 9:49 AM EST.  This is over 1/3 of an entire day’s average volume in less than 20 minutes of [...]

SolarWinds Price/Volume Alert: Quiet Period (SWI)

SolarWinds, Inc. (NYSE: SWI) is gapping up over 3% this morning as the recent IPO’s quiet period by analysts has ended.  The analyst initiations look positive on the surface.  We have shares up 3.6% at $15.70 on almost 60,000 shares.  The volume sounds light, but these post-IPO stocks can start to see large swings based [...]