Posts Tagged ‘BRCD’

Odds-Making: Is Brocade Really Bait For Dell? (BRCD, DELL, CSCO, HPQ)

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is seeing a price and volume spike this morning after an analyst named Paul Mansky at Canaccord Genuity noted that Dell Inc. (NASDAQ: DELL) should acquire the company.  Our own take is that Brocade should have already been acquired, but here it remains an independent company and Cisco Systems [...]

Unusual Options Patterns For What Lies Ahead (AA, BRCD, HAL, VVUS, UNG, SIRI)

We have scanned the options trades for highly unusual options trading patterns from Friday to see which will be carryover issues into next week.  Some may seem logical, while some may seem odd.  Friday’s highly unusual options trading that will carry over into next week was seen in Alcoa, Inc. (NYSE: AA), Brocade Communications Systems, [...]

Short Interest Volume Spikes

We updated the major short interest changes on some of the most active cult stocks that are from listed penny stocks and low priced stocks based on June 15 settlement date changes from May 28.  Stock tickers are as follows: ALU, ABK, BBI, BGP, BRCD, C, DRYS, FRE, FNM, NOK, PALM, PMI, BPOP, RAD, SIRI, [...]

Top Day Trader Alerts (BRCD, PALM, PIP, RDN, OCNF)

These are 5 of the top pre-market movers this Tuesday morning.  We have added color and additional data on each applicable to each stock in the news: Brocade Communications Systems, Inc. (NASDAQ: BRCD) is getting crushed after earnings last night as revenues were light on targets and its guidance was deemed sloppy to soft.  We [...]

Brocade Softens

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is down slightly after beating expectations as the company reported Q4 results $0.15 EPS and $521.8 million in revenues vs. consensus of $0.13 EPS and $521.09 revenues.  At 8:24 we have shares down only about 2% at $7.63.  But we also have seen over 1.1 million shares trade hands. [...]

Brocade’s New Levels To Watch (BRCD)

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is getting spanked now that H-P is buying 3Com rather than it.  We have also seen downgrades from Piper Jaffray, ThinkEquity, and Lazard.  At 8:35 AM EST we have already seen 3.8 million shares trade hands and the stock is down some 10% at $8.31.  We would watch options [...]

Blue Horseshoe (hates) Brocade?

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is getting its feelings hurt in after-hours trading after H-P (NYSE: HPQ) decided to spend $2.7 billion to buy 3Com (NASDAQ: COMS).  Many have been under the assumption that Brocade Communications would be bought by H-P.  The good news is that someone else may now need to look at [...]

Stock/Volume Alert Seen in Brocade (BRCD)

Brocade Communications Systems, Inc. (NASDAQ: BRCD) saw its shares make a fairly decisive move higher today after 1:00 PM EST.  While shares did peter out and have backed off highs, Brocade’s stock just gave a volume alert at 22 million shares versus a 20 million shares per day average.  Earnings are on November 24, but [...]

Brocade Trading Heats Up on Possible Sale (BRCD)

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is trading higher after the company has reportedly up for sale.  The WSJ noted that the storage area networker could be a target of H-P or Oracle.  The company currently has a market cap of $3.2 billion and trailing revenues of about $1.5 billion.  Shares are indicated higher in [...]

Brocade Getting Broken (BRCD)

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is trading lower after it beat earnings estimates at $0.12 EPS vs. $0.11 estimates, but $493.3 million in revenues was lighten than expected.  The CEO said that predicting a recovery is like grabbing water… Sometimes saying less is better than more…. At 8:47 AM EST we have seen 1.6 [...]