Archive for April 19th, 2010

Citigroup’s 1 Billion Shares (C)

At NOON EST, Citigroup Inc. (NYSE: C) is already over 1 Billion shares traded…. We have seen 1,047,519,334 for a 4.15% at $4.75 as of 12:07 PM EST. The last 3 days volume is listed as follows: 1,861,507,200 1,534,024,800 1,035,775,400 Then there the four days in March from the 9th to the 12th: 1,277,886,800 1,189,846,200 [...]

Citi’s 100M Share Pre-Market (C)

Citigroup Inc. (NYSE: C) is seeing a huge volume trade after earnings, although not such a huge price move.  The troubled bank reported earnings of $4.4 billion in its first quarter as trading rebounded.  This is being taken as further evidence that the big bank may have continued in its turnaround efforts.  The firm indicated [...]

A Muted Goldman Day Two, So Far (GS)

Goldman Sachs Group Inc. (NYSE: GS) is looking to be rather dull in comparison to what we saw on Friday.  Friday’s 12.8% drop to $160.90 is being followed up by a 1.2% drop to $158.70 on 655,000 shares as of 8:54 AM EST.  This one traded over 100 million shares on Friday, something not seen [...]

Sprint Nextel Gets Analyst Upgrade (S)

Sprint Nextel Corp. (NYSE: S) is being kept down by a soft trade tape in pre-market trading.  The stock’s analyst rating was raised to Outperform at Wells Fargo as some of the longer-term prospects are looking up.  If there was a better tape the sketchy past at Sprint-Nextel would have probably allowed a ‘follow-the-leader’ mentality [...]

Palm Not So Rosy (PALM)

Palm, Inc. (NASDAQ: PALM) is down on two issues.  It is granting stock options and/or restricted stock to certain executives after a recent executive departure.  But the stock did not announce a merger yet and its analyst rating at Morgan Keegan was Cut to Underperform.  At 8:43 AM ESt we have seen 401,000 shares trade [...]

Samson’s Well Boost (SSN)

Samson Oil & Gas Limited (AMEX: SSN) is the biggest gainer seen in early trading this morning.  Shares are up over 51% at $1.00 on almost 500,000 shares as of 8:38 AM EST.  Average volume is only 1.19 million shares and the 52-week range is $0.18 to $1.09; the market cap was only $38.59 million [...]