Volume Spike Investor

General Electric Co. (GE) is seeing a break-out.  Yesterday it was Goldman Sachs, today JPMorgan helping with comments on the conglomerate.  The prior 52-week high was $17.52 that was hit back on September 19 2009 after it went ex-dividend.  This morning shares opened up at $17.49 after a $17.29 close on Monday.  Now shares are [...]

DryShips, Inc. (NASDAQ: DRYS) has seen more than its fair share of trading today.  The afternoon chatter is ‘buyout rumors’ but these sound more like BS than real meat.  Briefing.com ran the buyout rumor piece today, and we have seen Indie Research cover the rumor and then Barron’s cover it in all but an outright [...]

TiVo Inc. is soaring.  Not just by some but by a major amount.  The company announced just a few minutes ago that the U.S. Court of Appeals release a decision/ruling in the company’s lawsuit against EchoStar.  The company noted:

“We are pleased that the United States Court of Appeals for the Federal Circuit fully affirmed the [...]

Chasing block trading volume of trades of more than 10,000 or 100,000 shares and higher on a single trade has become almost alchemy in the new world of online trading in equities.  Many funds and traders no longer have large block trades because via pools and exchanges they can get VWAP trades that generate the [...]

The reports today put Smith International Inc. (NYSE: SII) as a company in talks to be acquired by Schlumberger Ltd. (NYSE: SLB).  If this occurs it would be the largest oilfield services giant becoming even larger.  While we have yet to see a formal deal, Smith shares traded over 42 million shares today, almost 8-times [...]

SIRIUS XM Radio Inc. (NASDAQ: SIRI) has suddenly become everyone’s buddy again.  After shares cracked through the $1.00 mark they just kept running.  At 2:28 PM EST we have seen a whopping 161 million shares trade hands and the stock is up 8.5% more at $1.14 for a new 52-week high (intraday high $1.18).  If [...]

We won’t bother complaining about or praising why these banks and brokers are down so much today.  You already know the proposed regulation that would basically turn banks into utilities. Here are the reactions… more importantly, look at the share volumes as of 1:33 PM EST:
JPMorgan Chase & Co. (NYSE: JPM) $41.0125, Down 5.50%
82 million [...]

Dish Network Corp. (NASDAQ: DISH) has seen two major block trades this morning.  This is possible that it is a clean-up trade or tied to other transactions that have been ongoing.  Average volume is only 4.1 million shares.   Trades were listed on NASDAQ as follows:

08:37      $21.0797      4,000,000
08:36      $21.08      [...]

Fannie Mae (NYSE:FNM) “broke the buck” in pre-market trading this morning after it recorded a net loss of $18.9 billion for the third quarter of 2009. Including $883 million in dividends on the senior preferred stock, the net loss attributable to common stockholders was $19.8 billion, or $3.47 per diluted share.  The company is also [...]

Marshall & Ilsley Corporation (NYSE: MI) has already gone exponential in its trading volume and it is only 9:36 AM EST.  At 9:36 we have seen a whopping 27 million shares trade hands versus 8 million on average.  The financial services company priced a 136 million share secondary offering at $5.75 per share after a [...]