Archive for August 17th, 2009

Unusual Options Trading in Rockwell Medical Technologies (RMTI)

Rockwell Medical Technologies Inc. (NASDAQ: RMTI)  seeing unusual options volume as 1,801 February $10 calls trade versus OI of 10, with buyers leading the way in multiple large lots, as shares trade for $8.77.  RMTI is in the process of Phase 2b studies for its iron replacement therapy for dialysis patients, calles SFP for short.  [...]

Elevated Options Activity in AFLAC into Dividend (AFL)

AFLAC Inc. (NYSE: AFL) is seeing monster call options activity today.  Unfortunately, this looks more like it is dividend capture trading than it is anything sinister or based upon rumors.  On the company’s site, it lists the Q3 dividend dates as: AUG 19    Third quarter dividend record date SEP 1    Third quarter dividend payable Here [...]

AEterna Zentaris, 10X Volume-Alert in 20 Minutes (AEZS)

AEterna Zentaris Inc. (NASDAQ: AEZS) is down huge after Phase III results for its North American efficacy trial Z-033 and the safety trial Z-041 in benign prostatic hyperplasia with its lead endocrinology compound for urology, cetrorelix pamoate. The study Z-033 demonstrated no clear differences in overall efficacy with all 3 groups showing an improvement in [...]

Open Price/Volume Alert in Cleveland BioLabs (CBLI)

Cleveland BioLabs, Inc. (NASDAQ: CBLI) has just popped on news that it received a patent allowance from USPTO to cover the method of protecting a mammal from radiation using flagellin or its derivatives. This patent was already granted by the nine member countries of the Eurasian Patent Organization (EAPO) and two additional countries. This stock [...]

BioSante Is One of Few Upside Stories (BPAX)

BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) is up big this morning on a presentation of H1N1 vaccine results at the Immunotherapeutics & Vaccine Summit in Providence, RI. Its BioVant increased the protective effect of vaccines for multiple flu strains, including a potential new vaccine against H1N1 or swine flu.  The company noted that it resulted in [...]

Becton Dickinson Runs on Buffett (BDX)

Becton Dickinson & Company (NYSE: BDX) is trading higher this morning after the medical products and instruments company was listed as a new position for none other than Warren Buffett’s Berkshire Hathaway late Friday evening.  This trades over 1.9 million shares on most days, so this morning’s volume seems light.  But it has traded almost [...]

InterDigital Getting Spanked (IDCC, NOK)

InterDigital, Inc. (NASDAQ: IDCC) is getting spanked this morning after a patent ruling came from the International Trade Commission that went in favor of Nokia (NOK) rather than for InterDigital.  Shares are down sharply by almost one-third on the news. IDCC had sued Nokia for infringment.  Shares of IDCC are down 26% at $21.75 on [...]

No Shine in First Solar (FSLR)

First Solar Inc. (NASDAQ: FSLR) is down after a Barron’s report said that its recent earnings gain came on the heels of aggressive accounting.  This has already been defended by Jefferies this morning, with a reiterated BUY rating.  But the damage is done and shares are down on what is still rather light trading volume.  [...]

Rosetta Stone Earnings Lost in Translation (RST)

Rosetta Stone Inc. (NYSE: RST) is getting clipped hard this morning.  The language learning software company noted that higher operating expenses would be hitting earnings in Q3 and in 2009.  This is a profit warning but the company did not warn on sales. It also canceled plans for a secondary stock offering based on current [...]

Lowe's Takes Some Heat (LOW, HD)

Lowe’s Companies (NYSE: LOW) is getting clipped after the home improvement and hardware giant posted $0.51 EPS vs. $0.54 estimates.  Revenues were light as well, and same store sales were a disappointment. At 8:35 AM EST we have shares actively traded with almost 150,000 shares (will pick up in next hour) and almost 14 million [...]