Archive for December 9th, 2009

Options/Stock Volume Spike in Affymetrix (AFFX)

Affymetrix Inc. (NASDAQ: AFFX) saw high trading in the stock and in the options today.  The stock was up all day on hopes that it could be the next takeover in the biohealth and life sciences sector, although nothing definitive seems to be on the table.  Call options trading was high with the DEC09 $5 [...]

AVANIR Takes Leaderboard Top Gainer (AVNR)

AVANIR Pharmaceuticals, Inc. (NASDAQ: AVNR) may hold and it may not, but the stock is now the highest pre-market gapper on NASDAQ in the early trading.  This is also news on a low-priced biotech, so trading leverage is often strong here as everyone wants to find the next big biotech runner.  At 8:44 AM EST [...]

New Pivots & Options Data for Apple (AAPL)

Apple Inc. (NASDAQ: AAPL) is set to gap up this morning after yesterday’s small gain from a research call with a $260 price target.  The problem is that Apple has moved out of its 8 month up-trend or buy signals…. That alone doesn’t mean it will tank and the “SELL APPLE” audio-video call from our [...]

Short Squeeze From Sequenom Analyst Upgrade (SQNM)

Sequenom Inc. (NASDAQ: SQNM) is trading higher on an analyst call this morning. The stock was raised to “Hold” at Auriga and the target was raised to $4.00 from (prior was a Sell rating and $3.00 target).  The call noted: Based on the analysis of Sequenom’s molecular diagnostics segment (excluding the Trisomy 21-related tests that [...]

Netlist Rejoins Most Actives (NLST)

Netlist Inc. (NASDAQ: NLST) is back in the pre-market most actives again.  This was mentioned in “an independent research report” but only as a mover and not the focus of the call.  At 8:14 AM EST we have seen 67,068 shares trade and the stock is up 6.8% at $5.65.  Average volume on this is [...]

Dendreon Holding Up Despite Dilution (DNDN)

Dendreon Corp. (NASDAQ: DNDN) is down after the company said it was raising cash.  It is selling 15 million shares of common stock through JPMorgan and Deutsche Bank.  This traded 198,000 shares last night in the after-hours and the stock fell 1.84% to $26.15 after a $26.64 close.  Volume is actually very thin this morning.  [...]

Dumping Texas Instruments (TXN)

Texas Instruments Incorporated (NYSE: TXN) traded down last last night as the “raised guidance” was already baked into the cake.  In the after-hours the stock traded down 2.24% to $25.74 and it traded almost 280,000 shares. Shares at 8:02 AM EST are down 2.8% from teh closing price and at $25.59 on 35,000 shares.  As [...]