Archive for September 10th, 2009

Major Altria Options… Dividend Capture Trading (MO)

We recently noted after Altria Group Inc. (NYSE: MO) raised its dividend that the dividend north of 7% would likely cause a huge dividend capture trading activity as te dividend date was before the expiration date of the September options.  Our little belief ended up being the understatement of the year.  Normally if you saw [...]

BioMarin Stock & Option Volume Goes Exponential (BMRN)

BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) is a name which comes up in the emerging and speculative biotech takeover list rather frequently, and today we are seeing some interest on speculators.  As of 1:10 PM EST we are now more than exponential on the volume alert after a quick CNBC tout by one of the Najarian [...]

Exponential Volume Continues in Delta Petroleum (DPTR)

Delta Petroleum Corp. (NASDAQ: DPTR) has been on a rampage on more than just heavy volume after the company had reportedly received approval to drill four new exploratory gas wells in Washington.  At 10:52 AM EST we have shares trading up another 9.5% at $3.32 on over 10.7 million shares.  The average volume is 4.7 [...]

Stinky Fingers at Monsanto (MON, MOO, ADM)

Monsanto Co. (NYSE: MON) may be bad enough to stink up the whole agriculture complex.   The agriculture products and seed giant said that 2009 earnings are now expected to come in at the low end of its range of $4.40 to $4.50 EPS. The new expectation for 2010 earnings will be at $3.10 to [...]

Yahoo! Surging on Upgrade (YHOO)

Yahoo! Inc. (NASDAQ: YHOO) is up on an analyst upgrade as BofA Merrill Lynch raised it to BUY from NEUTRAL.  Shares were originally up 2% but Carol Bartz gave a CNBC i-view outlining how good the Microsoft search pact is and how different teh company is from Google.  At 8:56 AM EST we have shares [...]

Smith & Wesson Shoots Earnings Dead (SWHC, RGR)

Smith & Wesson Holding Corp. (NASDAQ: SWHC) is up big pre-market and continuing the after-hours surge on earnings. The gun maker’s profit jumped to $12.6 million, or $0.21 EPS vs. $0.05 EPS a year ago as its revenue rose to $102.2 million from $78.5 million last year. Analysts were looking for a mere $0.10 or [...]

Real Networks Rises on iPhone & iTouch (RNWK)

Real Networks Inc. (NASDAQ: RNWK) is running up over 10%… shares are actually up 14% at $3.89 on about 27,000 shares as of 8:22 AM EST.  This is on the heels of its Rhapsody streaming player app being approved for the iPhone.  The good news is that this would have to go to $6.47 to [...]

Texas Instruments, Active and Dull (TXN)

Texas Instruments Inc. (NYSE: TXN) raised guidance and is active today and was last night, although the stock move is being viewed as a dud because it has moved rom lows so much and because valuations now look high.  The new quarterly guidance is $0.37 to $0.41 EPS on $2.73 to $2.87 billion in revenues.  [...]