Volume Spike Investor

Alcoa Inc. (NYSE: AA) has just posted a surprise profit after it was expected to lose money in the quarter.  Here are the full details, but we took a 4:20 PM EST snapshot and many metals companies are running up that are not just in the aluminum space: Century Aluminum Company (NASDAQ: CENX) $9.65 close; [...]

Sirius XM Radio Inc. (NASDAQ: SIRI) is seeing some elevated trading and it looks like the average daily volume may be hit before the noon hour today.  As of 9:49 AM EST we have seen some 37 million shares trade hands and the drop is by 7% at $0.535.  Average volume is about 50 million [...]

Options action is buzzing early on in a few Technology names that are being mentioned in takeover chatter.  Polycom, Inc. (NASDAQ: PLCM) October $30 calls are trading 4,600 contracts with shares at $27.80 on DealReporter speculation that HPQ and Dell have expressed interest and Polycom is asking a high price.  ValueClick Inc. (NASDAQ: VCLK), one [...]

Labopharm Inc. (NASDAQ: DDSS) is surging on word that its trazodone API supplier has resolved the outstanding manufacturing issues with the FDA.   Angelini, the manufacturer of the active pharmaceutical ingredient for the company’s novel trazodone formulation, received an FDA letter noting that it has appropriately addressed all deficiencies following its inspection of the manufacturing facility [...]

Vonage Holdings Corporation (NYSE: VG) is surging this morning on the first real analyst call in ages.  Citi took its target to $1.50.  Full Details are at 24/7 Wall Street but the stock is rifling this morning.  At 9:38 AM EST we have already seen 5 million shares trade hands and the stock is now [...]

Repros Therapeutics Inc. (NASDAQ: RPRX) has more than doubled this morning on the heels of yesterday;s report that Androxal® restores normal sperm counts while increasing testosterone levels in hypogonadal men.  In short, this is being treated by traders as a potential fertilization clinic killer when it comes to the issue being on the men.  At [...]

AVANIR Pharmaceuticals, Inc. (NASDAQ: AVNR) has just traded up on word that it has received a patent allowance in teh U.S. for its lead drug candidate Zenvia™ well into 2025. “Pharmaceutical Compositions Comprising Dextromethorphan and Quinidine for the Treatment of Neurological Disorders” will give AVANIR patent protection for low-dose quinidine formulations of Zenvia used to [...]

Linn Energy LLC (NASDAQ: LINE) is getting hit after it reported late yesterday that it would sell 6 million units and would give underwriters a 30-day option to purchase up to an additional 900,000 units to cover overallotments.  The company’s sale is to repay debt.  Average volume is 1.1 million shares, but so far we [...]

AirTran Holdings Inc. (NYSE: AAI) is down over 12% on a secondary offering announcement.  This was as severely punished on a share offering of $75 million in convertible notes and stock offering that was meant to raise close to $55 million.  The shares fell by over 12% on the report, which must be over the [...]

Vical Incorporated (NASDAQ: VICL) is trading up this morning on its news that TransVax CMV vaccine elicited a long-term immune response in Phase II trial to demonstrate an overall increase in cellular immune responses compared with placebo at the 7-month immunogenicity data point.  This is important in protecting recovering transplant recipients against CMV disease.  The [...]