Explosive US Steel Options Volume (X)
United States Steel Corp. (NYSE: X) is seeing an explosion in its options trading on Wednesday. Much is likely ahead of expiration for August this coming Friday. But this also has to do with some speculation of a merger coming back to the metals sector. If in ag and potash, why not steel or other [...]
Major Volume Spike in American Apparel (APP)
American Apparel, Inc. (AMEX: APP) is getting crushed. Again. We are seeing a second trading day of high stock volume after the Tuesday disclosure of a “going concern” where it might not be able to meet requirements and obligations inside its credit pact. The company also disclosed that U.S. AG is looking into the circumstances [...]
Cardica Signs Deal With Intuitive
Cardica, Inc. (NASDAQ: CRDC), the company which makes medical instruments for coronary bypass operations, skyrocketed in pre-market trading today from $1.66 to $2.50, an increase of 5o.6%. This growth comes during a 52-week range of $1.00 to $2.85, and is marked by the movement of 26,200 shares; a very significant amount for pre-market trading compared [...]
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