Archive for December, 2010

Talbots Killed, Yet Options Alerts Matter (TLB)

The Talbots Inc. (NYSE: TLB) is having an awful day in the markets and on very strong volume.  The earnings report and the guidance are to blame.  While profits rose 17%, lower revenue and lower guidance is a drag and then some. Earnings were $0.27 EPS and revenue was $299.1 million, while Thomson Reuters was [...]

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 [...]

Volume Spikes From Secondary Offerings (SQNM, DRYS, TOO, QLIK)

Secondary offerings often create volume spikes in the shares, but we are seeing moves in several key stocks with secondary offerings.  The moves are in Sequenom, Inc. (NASDAQ: SQNM), DryShips Inc. (NASDAQ: DRYS), Teekay Offshore Partners LP (NYSE: TOO), and Qlik Technologies Inc. (NASDAQ: QLIK). Sequenom, Inc. (NASDAQ: SQNM) said the underwriters of its offering [...]