Volume Spike Investor

Boise, Inc. (NYSE: BZ) kicked up a highly unusual volume alert in late-morning trading.  We have seen a 9% rise to $4.95, and the 52-week high was hit at $5.19 earlier this morning.  More importantly, shares have traded over 2.2 million with many block sizes, which is more than double the near-900,000 shares on an [...]

SIRIUS XM Radio Inc. (NASDAQ: SIRI) has just hit a volume alert with 88% of normal volume hitting before 1 PM EST.  SIRIUS XM has caught a debt upgrade from Standard & Poor’s.  FULL DETAILS are available at 24/7 Wall Street.  At 12:50 PM EST we have seen some 45 million shares trade hands versus [...]

CIT Group Inc. (NYSE: CIT) has already surpassed its average daily volume of the last three months.  The 19% surge to $1.20 is on 57 million shares as of 10:30 AM EST.  We have not seen any formal news, but the hopes and theories are that the higher debt swap ofer has the company still [...]

CIT Group Inc. (NYSE: CIT) has seen its shares halted for news pending, and then they reopened higher after it has amended its pending tender offer for its $1 billion of Floating Rate Senior Notes due August 17, 2009.  Notes under the new amended tender will receive the amended purchase price of $875 in cash [...]

SIRIUS XM Radio Inc. (NASDAQ: SIRI) has already crossed above its average volume for the day.  It is actually almost twice-normal volume for a whole day.  With 84 million shares having traded hands, that compares to under 50 million shaes for an average day.   If this continues, we could have close to three-times normal [...]

Insmed Inc. (Nasdaq: INSM) is getting killed on about 10-times trading volume after only about 50 minutes of trading since the market opened.  You can see the full news analysis, plus the question over the CEO stepping down, over at BioHeathInvestor.com, but we wanted to run a more detailed analysis of what happens when Insmed [...]

Dendreon (DNDN) shares are trading about 4% lower on a sudden surge in volume as of about 10 a.m. Eastern this morning. Market participants appear to be questioning if the timing of a plant buildout laid out in a filing late yesterday means that the company’s Provenge drug could be delayed.  — Mike Tarsala For [...]

E*TRADE Financial Corp. (NASDAQ: ETFC) is going to be on our “multi-day exponential volume alerts” watch list for at least the next four trading sessions.  The company sold 435 million shares in a secondary offering at $1.10 per share, a 23% discount to yesterday’s close and a far cry lower than the $1.90 at the [...]

Direxion has leveraged ETF’s which have become the go-to trading instruments for traders and investors.  The Direxion Financial Bull 3X Shares (NYSE: FAS) is the triple-bullish leverage ETF for financial stocks.  This has become such an actively traded ETF with such a low share price that it now commands some of the largest percentages of [...]

There is a hidden twist in the increased merger price that Genentech Inc. (NYSE: DNA).  Sure, Genentech shares spiked huge on the news.  But what is interesting here is that the BIOTECH ETF’s which track the sector are spiking on the news: Biotech HOLDRs (AMEX: BBH) is up 3.8% at $62.45 on 344,000 shares at [...]