Archive for September 15th, 2009

CEL-SCI Gains Reach Questionable Levels (CVM)

CEL-SCI Corp. (AMEX: CVM) has gone absolutely bonkers today on exponential trading volume because of its fairly small market cap, a huge share float, a low share price… and swine flu or H1N1 news….. We have the details on the full news over at BioHealthInvestor.com, but it gets really hard to not throw up a [...]

Martha Stewart Volume Already Passes Full Day in 30 minutes (MSO)

Martha Stewart Living Omnimedia Inc. (NYSE: MSO) is soaring on news of the new exclusive pact with the The Home Depot Inc. (NYSE: HD).  Full details are here from last night’s release, but what is so helpful is that this ‘exclusive’ pact is another pact that does not appear to be a replacement pact and [...]

Citi Getting a New Uncle? (C)

Citigroup Inc. (NYSE: C) may be in for a huge day.  Last night brought reports that Uncle Same, the U.S. government, might be selling part of its massive stake.  Reports from multiple sources gave October as the month that the sale could begin.  Be advised that this is not a total exit of the government, [...]

Dendreon Gives Some Gains Back (DNDN)

Dendreon Corp. (NASDAQ: (DNDN) is playing give-back this morning after buyout rumors or hopes were running that stock yesterday.  At 8:44 AM EST we have seen over 180,000 shares trade hands and shares are down 3% at $26.56. This traded 14 million shares yesterday and was the highest closing level since the return of the [...]

Lexicon Surging on Diabetes Trial (LXRX)

Lexicon Pharmaceuticals, Inc. (NASDAQ: LXRX) is surging on reports that it completed its Phase 1 clinical trial and initiated Phase 2 clinical trial of LX4211 in patients with type 2 diabetes.  The results in normal healthy volunteers were well tolerated at all dose levels and produced a dose-dependent increase in urinary glucose excretion. It also [...]

Best Buy Misses (BBY)

Best Buy Co. (NYSE: BBY) is trading lower, but not as bad as you would think, on an earnings miss.  The electronics retail giant posted Q2 earnings of $0.37 EPS, well under the $0.42 Thomson Reuters estimate. Revenue was up 12.5% to $11.02 billion Full-year guidance in line with consensus.  2010 earnings guidance was given [...]

ING Woes Over EU Settlement Issues (ING)

ING Group (NYSE: ING) was active in Amsterdam trading but still fairly light here in the U.S..  Shares are down 3.4% in the U.S. for the ADRs on reports that the European Competition authorities will reject the Dutch government’s 22 billion Euro guarantee of ING’s U.S. Alt-A portfolio.  This is over concerns the terms may [...]

BioCryst Gets New Flu Partners (BCRX)

BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX) is surging on news that it signed three partnerships for Peramivir for influenza outside the U.S.   These partners will exclusively represent BioCryst and its anti-viral peramivir for influenza stockpiling opportunities and for marketing and distribution of peramivir for seasonal influenza upon local regulatory approval, within their territories outside the U.S.  [...]

Yahoo! Powers On (YHOO)

Yahoo! (YHOO) is now trading up over 3% this morning after having been up originally by 0.2% on yet another analyst upgrade.  Bernstein raised the rating to Outperform from Market Perform in a research call this morning based on low valuations.  At 8:11 AM EST we have seen a gain of 3.7% to $16.15 after [...]