Archive for September 14th, 2010

Is Radware For Real? (RDWR, HPQ, IBM)

Radware Ltd. (NASDAQ: RDWR) almost felt like an enigma wrapped in a riddle today, but a 38.4% gain to $38.59 on more than a 60-times normal volume spike is too impossible to ignore.  Options trading was very elevated in the SEPT-2010 and DEC-2010 options was off the charts. A Barron’s blog piece claimed that the [...]

Level 3 Offering Fall-Out (LVLT)

Level 3 Communications Inc. (NASDAQ: LVLT) is getting clobbered, and much harder than what you might expect considering the history of this company. Last night came an announcement from the company that it is offering $175 million in Convertible Senior Notes due 2016 in an underwritten offering, and it will give underwriters an option to [...]

Ironwood Sees Progress For New Drug

Ironwood Pharmaceuticals, Inc. (NASDAQ: IRWD) is up 16.98% at 8:35 AM EST this morning to $11.40 on reports that there have been positive late-stage clinical trials for the company’s new drug for treating irritable bowel syndrome and constipation.  The company has already traded 5,234 shares in premarket trading, compared with their daily average of 201,364. [...]