Volume Spike Investor

Paychex Inc. (NASDAQ: PAYX) is seeing bullish action following an improving employment report, with the thesis being that the outsourcing firm will see an uptick in earnings with more jobs being offered in Q3 and Q4.  Near term players are buying the August $27.50 and $30 calls, while the longer term bets are in the [...]

Exide Technologies (NASDAQ: XIDE) has already hits its average daily volume.  At 11:57 AM EST we have seen 1,09 million shares trade versus a 945,000 average daily volume.  Shares are up 11% at $6.07.  There are two bits of news… earnings were yesterday and this morning it said that the Obama administration’s American Recovery and [...]

Citigroup, Inc. (NYSE: C) already crossed over the average daily volume mark within the first hour of trading.  At 10:30 AM EST we have seen 504 million shares trade vs. the almost 400 million average.  Shares are also up 5.5% at $4.01.  But there is huge volume happening in the options markets for Citi as [...]

Sequenom Inc. (NASDAQ: SQNM) gave a dismal earnings report and its cash on hand may not be enough to get too far into 2010.  As of 10:09 AM EST we have seen 5.3 million shares trade hands and the stock is down over 14% at $5.20.  Its average volume is 10.4 million shares, so we [...]

Sequenom, Inc. (NASDAQ: SQNM) is hard to imagine judging for its earnings after all of the problems we have seen earlier this year.  The company reported a wider loss than expected and it gave a loss projection of $65 million for all of 2009.  As of 9:03 AM EST we have seen some 466,000 shares [...]

Leap Wireless (LEAP) is getting shelled.  After earnings we have already seen two downgrades.  Shares are down 19% at $18.23 as of 8:58 AM EST.  We have also seen roughly 167,000 shares.  Because of this huge price drop, we expect the 2.8 million shares to be hit very early this morning on the heels of [...]

Crocs, Inc. (NASDAQ: CROX) soared after the close yesterday on better earnings and better guidance; but calling for a return to profits was thee winning lotto ticket.  Shares went out over 25% higher last night at $5.35 on over 2 million after-hours shares.  The shares this morning are actually up about 29% all said at [...]

American International Group (NYSE: AIG) is soaring again this morning.  At 8:08 AM EST we have already seen right at 1 million shares trade hands.  The stock is up over 12% and above $25.20 after a $22.53 close.  The company posted actual earnings from operations if you can imagine it.  AIG also named a new [...]

PMI Group (PMI) posted a second quarter loss that narrowed on lower claims and on loss adjustment expenses.  This was despite the continued problems and concerns at its U.S. mortgage insurance business. The results were a wider loss than expected and shares are down big.  At 8:04 AM EST we have seen 70,000 shares trade [...]