Archive for October 19th, 2009

Ideation Volume Alert (IDI)

Ideation Acquisition Corp. (AMEX: IDI) is a very unusual trading alert and may be among the first of this type of call.  We are seeing a 1.75% gain to $8.15, which is not much of a gain, but the trading volume is 311,000 shares as of 12:24 PM EST.  The stock was also active last [...]

Coffee Jolts (GMCR, DDRX)

We are seeing a surge in two of the coffee stocks today.  Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) said that it was introducing its Donut House™ Collection, a full line of regular, decaf and flavored coffees in K-Cup® portion packs for use with Keurig® Single-Cup Brewing Systems.  All price moves are as of 11:13 [...]

Mergers Drive Two Biggest Percentage Gainers (ALLI, IPCS)

Allion Healthcare, Inc. (NASDAQ: ALLI) closed at $5.44 Friday, but shares are up at $6.47 with a gain of 18.93% on some 592,638 shares as of 8:43 AM EST.  Average volume here is only about 90,000 shares.  A firm called H.I.G. Capital is acquiring its for $6.60 per share….  iPCS, Inc. (NASDAQ: IPCS) is being [...]

Amgen Soft on FDA Data (AMGN)

Amgen Inc. (NASDAQ: AMGN) was on deck for an FDA decision on its Prolia bone drug.  The FDA has effectively delayed its decision to approve the drug with a request for more information.  The FDA wants to know how the company will monitor patients using Prolia and it also wants Amgen to develop a strategy [...]

CIT Rises As It Sweetens Debt Exchange Offer Terms

CIT Group, Inc. (NYSE:  CIT) is trading higher this morning on the news that the troubled lender has sweetened part of its debt exchange offer to convert more debt holders via an SEC filing, however there are still reports that more of the debt holders want to opt for bankruptcy so they have a far [...]

The Fannie & Freddie Zero Call (FNM, FRE)

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are both indicated slightly lower this morning on news of a brokerage downgrade.  Keefe Bruyette & Woods downgraded both Fannie and Freddie from a prior “Market Perform” down to “Underperform.”  The target is effectively a ZERO…. KBW thinks that the common and preferred will effectively be [...]