Archive for July 20th, 2009

Price/Volume Alert: Yahoo! (YHOO)

Yahoo! Inc. (NASDAQ: YHOO) is looking higher this morning on pre-market volume, but the stock is also getting a bit exhausted ahead of its earnings.  This morning’s move is based upon the reports of a Microsoft search and advertising pact coming as soon as today.  Both companies report earnings this week, so if no deal [...]

Price/Volume Alert: Cisco Systems (CSCO)

Cisco Systems, Inc. (NASDAQ: CSCO) is trading up 2% at $20.92 in early trading.  As of 8:20 AM EST we have seen about 200,000 shares trade hands.  While this is not exactly huge volume and while this one trades 50 million shares, this may be a more active trading tone today based upon the early [...]

Price/Volume Alert: Orexigen Therapeutics (OREX)

Orexigen Therapeutics, Inc. (NASDAQ: OREX) is seeing a surge in trading volume and and in price this morning.  Shares are up 25% at $7.15 on more than 105,000 shares in early pre-market trading at 8:15 AM EST.  This is almost  never a pre-market volume alert stock as its average volume is only about 485,000 shares [...]

Exponential Price/Volume Alert: Human Genome Sciences (HGSI)

Human Genome Sciences Inc. (NASDAQ: HGSI) is going to be the top price leader this morning.  It and GlaxoSmithKline (GSK) have announced that the BENLYSTA study met the primary endpoint in BLISS-52, the first of two pivotal Phase III trials in patients with serologically active systemic lupus. HGSI shares closed at $3.32 Friday, yet the [...]

Price/Volume Leader Alert: CIT Group (CIT)

CIT Group, Inc. (NYSE: CIT) is an obvious volume spike, but this is likely to be the focal point of the morning.  It is not even 7:40 AM EST and the unofficial volume before many trading systems are open is over 2.1 million shares.  The troubled may have avoided the bankruptcy hangman for now as [...]