Archive for October 14th, 2009

Conseco Surging From Paulson & Co. Stake (CNO)

Conseco, Inc. (NYSE: CNO) might have been lower on its secondary offering, but word that esteemed hedge fund and investor Paulson & Co. took a 9.9% stake has shares running higher on the news.  The full details from last night are available at 24/7 Wall Street.  At 8:36 AM EST we have shares trading up [...]

Mesa Air Tickles Penny Stock Traders (MESA)

Mesa Air Group Inc. (NASDAQ: MESA) is a penny stock, so caveat emptor…. Traders are posting this penny stock around on message boards on the news that Mesa and Republic have combined their Hawaii routes.  This closed at a whopping $0.25 yesterday and shares at 8:30 AM EST are trading up 16% at $0.29 (52-week [...]

DryShips Up at Resistance (DRYS)

DryShips, Inc. (NASDAQ: DRYS) is running again this morning along with the strength in the broader markets.  The stock is up almost 3.5% at $7.47 on over 200,000 shares as of 8:22 AM EST.  Be advised that this one traded up as much as 7% from the 7.22% close yesterday in the after-hours session.  This [...]

Intel Up, But Off Last Night’s Highs (INTC)

Intel Corporation (NASDAQ: INTC) is surging this morning as a most active stock of big NASDAQ names.  You know that it beat earnings, raised guidance, and talked up even the higher-end of its product spread.  At 8:18 AM EST we have seen a gain of 4.5% at $21.41 on about 1.7 million shares.  This will [...]

BioMimetic Huge Gains Reverse Last Night Losses (BMTI)

BioMimetic Therapeutics, Inc. (NASDAQ: BMTI) was crushed after the close, yet we have shares trading higher this morning.  The company announced “positive top-line data from its Augment bone graft North American pivotal trial”… It seems last night to not be enough for what was expected.  Shares closed at $12.69 yesterday and fell by 8.5% to [...]

JPMorgan Runs FAS (JPM, FAS)

JPMorgan Chase & Co. (NYSE: JPM) blew earnings away at $0.82 EPS vs $0.52 EPS estimates from Thomson Reuters and beat revenues as well.  The bank also noted that it is seeing some stabilization in consumer credit and is proving why it is America’s cleanest bank.  Shares are up 3.9% at $47.45 at new 52-week [...]

Active Power, Powered Actively (ACPW)

Active Power, Inc. (NASDAQ: ACPW) is surging on news that it has received a second multi-million dollar order from what it called ‘one of the world’s largest Internet search engine providers.’ The order is said to be for more than 16MW of its CleanSource uninterruptible power supply systems.  We have seen 40,000 shares of ACPW [...]