Gel Results Cause 20X Volume Spike in Columbia (CBRX, WPI)
Columbia Laboratories, Inc. (NASDAQ: CBRX) is seeing a massive volume explosion this morning. The company reported an update on its Phase III trial of Prochieve, a gel which aims to help preterm birth rate declines. In short, it is designed to lower premature birth. It and and Watson Pharmaceuticals, Inc. (NYSE: WPI) said that PROCHIEVE [...]
Bullish Options Bets in Tiffany (TIF)
Tiffany & Co. (NYSE: TIF) may have only closed up $0.10 at $63.30 on a normal day with 2.52 million shares on Friday. The issue is that the 52-week range is $35.81 to $63.65 and average volume is 2.1 million shares. The real activity was seen in the call option buying with a standout trading [...]
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