Archive for March 8th, 2010

DryShips… Rumors of a Rumor (DRYS)

DryShips, Inc. (NASDAQ: DRYS) has seen more than its fair share of trading today.  The afternoon chatter is ‘buyout rumors’ but these sound more like BS than real meat.  Briefing.com ran the buyout rumor piece today, and we have seen Indie Research cover the rumor and then Barron’s cover it in all but an outright [...]

Is the SIRIUS Washout Nearly Finished? (SIRI)

Two and three weeks ago, SIRIUS XM Radio Inc. (NASDAQ: SIRI) was the talk of Wall Street.  Since last year, the stock has risen fast than a rocket from under $0.10 to finally back over $1.00.  An analyst ‘Buy’ recommendation from Wunderlich in recent weeks with a $1.00 price target and then some added upgrades [...]

Ballard Sees Volume Spike (BLDP)

Ballard Power Systems (NASDAQ: BLDP) just saw a large price and volume spike on news. The company has announced that it has $6.2 million in project funding from the U.S. Department of Energy under contract over a four year period. Its US subsidiary, Ballard Material Products, was awarded $4.1 million as prime for a contract [...]

China Armco Staying Volatile (CNAM)

China Armco Metals, Inc. (NASDAQ: CNAM) is still seeing elevated stock trading.  Due to a recent bump up, its average share volume is 426,000 shares.  But that was lower before the volume and prices shot through the roof last week. And today we are still very active with a 4.6% gain to $10.04. Here are [...]

Top Day Trader Alerts (AIG, CTIC, MDVN, SEED, SSTI, XRTX, ZANE)

These are this Monday’s top day trader and active trader alerts seen in pre-market trading.  We have included the news and some brief color where applicable on each.  We have also given updates as of 9:15 to 9:18 AM EST: American International Group, Inc. (NYSE: AIG) is trading up 2% after its $15.5 billion Alico [...]