Archive for December 23rd, 2009

R-I-M Learning About Outages (RIMM)

Research In Motion Ltd. (NASDAQ: RIMM) is trading lower this Wednesday morning.  The company said late Tuesday that its technicians were working to resolve e-mail messaging delays and restore normal service on its Blackberry in North and South America.  The problem is not that happened, because it has happened before and will happen again.  The [...]

Achillion Gets Another Bump (ACHN)

Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) is trading higher after its $3.18 close on Tuesday.   At 8:50 AM EST we have shares trading up 21% at $3.85 on over 330,000 shares in pore-market trading.  A boutique brokerage firm called Roth Capital initiated coverage with a BUY rating and a $12 target.  Achillion has been one of [...]

Does Red Hat Deserve The Chase? (RHT)

Red Hat Inc. (NYSE: RHT) is trading up over $2 to $32.05 in pre-market after the Linux operating system and office software suite maker beat earnings despite lower net profits.   Anything above $30.00 would mark new 52-week highs on strong sales to financial services and to government agencies were strong.  What is off here [...]

Chasing pSivida (PSDV)

pSivida Corp.(NASDAQ: PSDV) is the largest NASDAQ winner this morning.  After a close of $3.52 on Tuesday, we have shares up 59% at $5.60 on 177,771 as of 8:23 AM EST this morning.  This is another example of traders chasing emerging drug and biotech companies with low prices.  The company announced positive study results from [...]