Volume Spike Investor

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 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 [...]

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 [...]

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 [...]

Take-Two Interactive Software Inc. (NASDAQ: TTWO) is still trading lower after the company announced the sale of the “Jack of all Games” brand.  This in turn had Take-Two adjust its guidance lower.  Shares are down 4.3% at $9.02 on about 20,000 shares as of 8:47 AM EST. JON C. OGG

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) filed its new drug application with the FDA for lorcaserin, its key promising weight loss drug.   Shares closed at $3.74 yesterday and are up 4% at $3.89 on 101,500 pre-market shares as of 8:40 AM EST. JON OGG

Micron Technology Inc. (NYSE: MU) is a chaser stock today with teh stock at fresh 52-week highs.  There is options activity in the stock, some of which may be roll-out activity as this is the first day without the DEC-2009 options any longer, and some is chasing the gains elsewhere in tech and chips after [...]

Biogen Idec Inc. (NASDAQ: BIIB) is seeing a rolling of options into January with some elevated call options activity.  This looks more like options-related trading than actual bets being made in the price of the stock.   One of the Najarian brothers noted on CNBC that there has been takeover rumors in the name, but we [...]

We are seeing at least some active options trading in the SPDR Gold Shares (NYSE: GLD) ETF now that oil has broken under the $1100/ounce mark, although the “active volume” here is more continued rolling contracts in appearance than anything fishy.  We never (or almost never) use an ETF analysis as the search for major [...]

Athersys, Inc. (NASDAQ: ATHX) is surging exponentially in share price and in share volume…. Shares are up 192% at $2.92 today after closing at $1.00 on Friday.  Trading volume is almost 6.8 million shares as of 12:15 PM EST, and the average trading volume is only 30,000 shares per day.   The company scored a Pfizer [...]