Archive for April 8th, 2010

Uncompelled in Compellent (CML)

Compellent Technologies, Inc. (NYSE: CML) is trading lower after last night’s announcement that it sees its Q1 revenue below market expectations.  Shares were down 16% last night.  The stock is now indicated down 21.4% at $13.80 on over 67,000 shares as of 8:39 AM EST.  The stock trades 644,000 shares trade on average and the [...]

Bed Bath & Beyond, New Highs (BBBY)

Bed Bath & Beyond, Inc. (NASDAQ: BBBY) is trading up almost 3% at $45.92, a new 52-week high compared to its trading range of $26.41 to $45.14.  At 8:35 AM EST there have only been 45,000 shares traded versus an average daily volume of about 3 million shares.  The trading last night was up over [...]

Safe Smoking Trades Up… Today (CIGX)

Star Scientific, Inc. (NASDAQ: CIGX) is this morning’s top volume stock in pore-market trading after having been active for days.  At 8:20 AM EST we have shares up 18.5% at $2.94 on 635,455 shares in pre-market trading.  As a reminder, this is the one which has the curing technology that is said to prevent the [...]

The Palm Giveback (PALM)

Palm, Inc. (NASDAQ: PALM) is down this morning as no word of a takeover is found with any meat after yesterday’s “buyout chatter” based on options and strong volume.  This is common for next-day profit taking after rumors do not come true and does not mean the rumor mill won’t churn its stories again.  Shares [...]

UAL and US Air… Merger Mile High Club (LCC, UAUA)

U.S. Airways Group, Inc. (NYSE: LCC) and UAL Corp. (NASDAQ: UAUA) are both trading higher this morning on reports that the two are about to merge to create the #2 air carrier in the United States.  This will be a blow for consumers as options for flying become more and more at the benefit of [...]

Hot Topic, Hot Pants for Shareholders (HOTT)

Hot Topic Inc. (NASDAQ: HOTT) soared last night after its same store sales data.  Its March s-s-s were actually down about 7.5% but the trendy youth apparel retailer decided it should pay a one-time special dividend of $1.00 per share.  At 8:09 AM EST we have shares up 16.4% at $8.22 on about 35,000 shares.  [...]

Massey Looking at Day Three (MEE)

Massey Energy Co. (NYSE: MEE) may trade up or may trade down.  The early morning bets are for a gain after two hard days of losses after its Monday blast killed at least 25 workers.  Shares are indicated up 1% at $45.66 but only on about 18,000 shares as of 8:06 AM EST.  UPDATE 9:21 [...]

Forest Meets FDA Hedgehogs (FRX)

Forest Laboratories Inc. (NYSE: FRX) is trading down after an FDA panel rejected its Nycomed lung disease drug, which coincides with earlier comments from Monday that its benefits were marginal.  We have seen at least two analyst downgrades, one from Lazard and one from Piper Jaffray.  Forest was down about 9.4% last night.  It is [...]

National Bank of Greece; In The Grease (NBG)

National Bank of Greece SA (NYSE: NBG) is indicated lower this morning after more woes in Greece. Greek banks and stocks got trounced overseas after yield spreads continue to widen out in Greece.  Shares are indicated down around $3.49 per ADR versus a $3.73 close. UPDATE 9:20 AM EST shares are down 5.4% at $3.53 [...]