Archive for August 6th, 2009

NVIDIA is 2nd Most Active After-Hours (NVDA)

NVIDIA Corporation (NASDAQ: NVDA) is back to profitability one quarter ahead of plan on a non-GAAP basis.  The $0.07 EPS report was much better than the -$0.02 estimates.    NVIDIA shares are the second most active in the after-hours trading session.  As of 5:10 PM EST we had over 1.5 million shares traded since the [...]

Crocs Becomes After-Hours Most Active Volume Leader (CROX)

Crocs, Inc. (NASDAQ: CROX) is not just up big… it is soaring in the after-hours session on its earnings report. Revenue fell to $197.7 million from $222.8 million a year ago.  On a non-GAAP EPS it lost $5.0 million or -$0.06 EPS.  The company’s prior range was $0.31 to $0.15.  Thomson Reuters estimates are -$0.21 [...]

SIRIUS XM Mixed Volume Analysis (SIRI)

SIRIUS XM Radio Inc. (NASDAQ: SIRI) is down almost 2% at $0.529 after this morning’s earnings release.  As of 1:41 PM EST we have also seen some 74 million shares trade hands, which is roughly 150% of an average day’s volume now.  Interestingly enough, this is a dud compared to the 100+ million traded in [...]

OPTIONS SURGE: Hartford Financial (HIG, PRU, LNC)

Hartford Financial Services Group Inc. (NYSE: HIG) is trading massive call volume with more than 35,000 August calls trading including 20,800 out of the money August $20 calls and even 2,900 August $22.50 calls with shares ate $18.40.  HIG is showing notable strength up 11% today while other insurers like Prudential (NYSE: PRU) and Lincoln [...]

IncrediMail Ltd. Finds Some Mojo (MAIL)

IncrediMail Ltd. (NASDAQ: MAIL) is rising after it showed total Q2 revenue rose 29% to $6.7 million and net income was $2.4 million, or $0.26 EPS compared to $0.6 million, or $0.07 per diluted share in the same quarter last year.  This has limited following but is a true cult stock.  We have shares up [...]

FUQI Shows Why It Made #1 on IBD 100 (FUQI)

FUQI International Inc. (NASDAQ: FUQI) is showing why this was the IBD 100 #1 Chart this last weekend.  The Chinese jeweler said that Q2-2009 revenues rose by 50.6% to $100.8 Million as gross margin rose 660 basis points to 17.2%.  Net income rose 86.8% to $9.9 million, or $0.45 EPS.  To add a bit of [...]

Bank of America Defies Headlines (BAC)

Bank of America Corporation (NYSE: BAC) is actually up despite the notion that it  may have a shadow over it after recent gains.  A judge has held off on approving the recent SEC settlement saying that it may be too low of a penalty with too soft of a punishment for what may have been [...]

Pre-Market Price/Volume Alert: Canadian Solar (CSIQ)

Canadian Solar Inc. (NASDAQ: CSIQ) has traded almost 170,000 shares and is up 21.5% at $19.60 afterthe company beat earnings expectations with $0.49 EPS and $114.2 million in revenues.  It now sees shipping 90-100 MW in Q3.  Average volume is 2 million and we’d expect that to be blown away today.  This move this morning [...]

Cisco Leads Volume Board (CSCO)

Cisco Systems Inc. (CSCO) is now down only 1.1% at $21.90 as of 8:20 AM EST on some 660,000 shares.  Last night’s report of $0.31 EPS and $8.5 billion in revenues exceeded forecasts.  Unfortunately the company gave light guidance and was not committed to growth unless things continue to improve in the economy.  As we [...]