Archive for July, 2010

Power-One Moves On Q2/Q3 Announcement

Power-One, Inc. (NASDAQ: PWER) shot up at 8:35 AM EST from $9.96 to $11.73, an increase of 17.77%.  This pre-market movement came following an announcement that the company had a second quarter revenue of  $215 million and profits of 17 cents a share, beating the Street consensus of $185.7 million in revenue and profits of [...]

10X Volume Alert in Crown Media (CRWN)

Crown Media Holdings, Inc (NASDAQ: CRWN) is listed under ticker “CRWNE” under some quote systems because of the recapitalization that was completed at the end of June.  The stock happens to be the largest percentage gainer today with a 51.7% price gain at a price of $2.70.  The price hit a high earlier today of [...]

Turn For Symantec In Pre-Market Trading Following Q1 Performance

Symantec Corporation (NASDAQ: SYMC) has fallen behind earnings after announcing Q1 profits of $0.20 per share compared to a market expectation of $0.35 per share.  At 8:35 AM EST Symantec was down 9.75% from $14.67 to $13.24 and has traded 241,310 shares, compared with the daily average of 15,290,500, making it one of the greatest [...]

NVIDIA Plummets After Profit Warning, Downgrade, AAPL Rumors (NVDA)

When it rains for NVIDIA Corporation, (NASDAQ: NVDA) it truly pours as a series of negative indicators have hit the graphics company, driving the stock down on heavy volume. At  8:24AM EDT, NVDA was down 6.67% to 9.46, well below the 52-week range of $9.90 - $18.96. At that time, the stock had already traded 221 [...]

Exponential Volume Alert in California Pizza Kitchen (CPKI)

California Pizza Kitchen Inc. (NASDAQ: CPKI) has traded nearly 3-times normal volume today and it is not even NOON EST yet.  Reports are out that it is close to a deal to be acquired by a private equity firm, although this remains a rumor at this point.  The pizza and food chain has been on [...]

DJSP Faces Premarket Woes

DJSP Enterprises, Inc. decreased dramatically this morning in premarket trading with regards to percentage. At 8:35 AM EST the company was down from $4.78 to $4, a change of 16.32%.  This follows Tuesday’s announcement that that company had completed its acquisition of Timios, Inc., a move which DJSP CEO David Stern refers to as, “a significant [...]

Dryships Up Ahead of Earnings (DRYS)

DryShips, Inc. (NASDAQ: DRYS) was up 1.55% to $4.60 (8:21AM EDT) as investors continued to speculate on the stock ahead of 2Q 2010 earnings. DRYS has traded only 15,700 shares, with an average volume of 9.61 million and a 52-week range of $3.28 to $7.99. Shares of the Greece-based container shipping company had been rising consistently [...]

Rambus Moves In Premarket After Winning Patent Fight

Rambus, Inc. (NASDAQ: RMBS) made significant moves this morning after winning a lengthy legal battle, for the time being, concerning patent infringement with Nvidia (NASDAQ: NVDA).  At 8:35 AM EST Rambus was up 10.52% from $19.59 to $21.65 and had traded 73,598 shares, which is approximately 3.25% of average volume for market trading.  This movement comes [...]

TEVA Beats Earnings, Up Premarket On Heavy Volume (TEVA)

According to Reuters, Teva Pharmaceutical Industries Limited (NASDAQ: TEVA), the largest producer of generic drugs in the world, posted 2Q profits of $1.08/share, exceeding wall street predictions of $1.04/share. Sales were up 12% from the previous quarter, due largely to the addition of nine drugs to TEVA’s product line. At 8:17AM EDT, Teva Pharmacautical was up [...]

Elevated Trading in Rambus Options (RMBS)

Is Rambus Inc. (NASDAQ: RMBS) going to see a resolution to its never-ending patent case sooner than many of us expect?  Options trading is elevated today, and mostly in the Call options rather than the Put options.  Almost all of the activity is in the AUG-2010 Calls as well, at least two to one in [...]