Archive for November 3rd, 2009

Sun Microsystems Active on E.U. Roadblock (ORCL, JAVA)

We have already covered in depth how the European Union may have thrown in another roadblock on the Oracle Corp. (NASDAQ: ORCL) acquisition of Sun Microsystems Inc. (NASDAQ: JAVA).  This has caused over 1.04 million shares to trade hands in JAVA stock as of 5:18 PM EST.  The stock closed at $8.35 today, and the [...]

Human Genome on 52-Week Highs Yet Again (HGSI)

Human Genome Sciences Inc. (NASDAQ: HGSI) was lower this morning and had been off our radar as a result after yesterday’s huge moves.  Yet at 1:30 PM EST we have just hit the virtual double on average daily volume.  Shares are up 8% at $27.34 on about 16.2 million shares versus and average volume of [...]


Wells Fargo & Company (NYSE: WFC) has seen a flurry of PUT OPTIONS activity today.  It has traded about 123,000 puts and 17,589 calls as of 11:20am, with put volume nearly 3X average daily volume already.  Of this volume more than 75% of it has been bought at the offer, bearish bets.  The majority of [...]

Other Rail Stocks Chasing Buffett (BNI, UNP, CSX, NSC, KSU)

We have already covered the news earlier this morning that Berkshire Hathaway Inc. (NYSE: BRK-A) is acquiring Burlington Northern Santa Fe Corporation (NYSE: BNI). But this news has many of the other railroad stocks popping early on the news…. We wanted to update our 8:12 AM piece so as of 9:10 AM EST: CSX Corp. [...]