Volume Spike Investor

Ebay inc. (NASDAQ: EBAY) was upgraded to a buy this morning by citigroup, largely erasing yesterday’s 3% loss in pre-market trading. At 8:10AM EDT, EBAY shares were up 2.12% to 21.70, which is on the low end of the online auction company’s 52-week range 19.06 - 28.37. The stock had only traded 10,214 shares relative to a [...]

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, [...]

At NOON EST, Citigroup Inc. (NYSE: C) is already over 1 Billion shares traded…. We have seen 1,047,519,334 for a 4.15% at $4.75 as of 12:07 PM EST. The last 3 days volume is listed as follows: 1,861,507,200 1,534,024,800 1,035,775,400 Then there the four days in March from the 9th to the 12th: 1,277,886,800 1,189,846,200 [...]

Citigroup Inc. (NYSE: C) is seeing a huge volume trade after earnings, although not such a huge price move.  The troubled bank reported earnings of $4.4 billion in its first quarter as trading rebounded.  This is being taken as further evidence that the big bank may have continued in its turnaround efforts.  The firm indicated [...]

J.P. Morgan Chase & Co. (NYSE: JPM) is showing that things are continuing to improve in earnings and credit metrics.  That is what $3.3 billion in earnings does, or earnings $0.74 EPS vs. $0.64 estimates.  Dimon talked up credit and punted the dividend down the road as he said regulators would not likely allow a [...]

Ambac Financial Group, Inc. (NYSE: ABK) is down on two bits of news.  The Wisconsin insurance commissioner filed a petition and plans rehabilitation for segregated account of Ambac Assurance; more importantly, there are headlines that it may seek bankruptcy protection (has been reported before).  Shares are down 22% at $0.62 on 3.4 million shares as [...]

American International Group, Inc. (NYSE: AIG) is going for a DAY THREE…. Shares are up 5% at $38.18 and we have already seen 1 million shares as of 8:33 AM EST. BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) is up almost 17% at $2.00 on just over 1 million shares as of 8:27 AM EST.  The company [...]

These are this Wednesday’s top active stocks with moves on news or continued trends of yesterday.  We have offered price and volume data as well as added color where appropriate: American Eagle Outfitters, Inc. (NYSE: AEO) is trading higher after it announced last night that it was closing down its MARTIN+OSA concept store brand.  Shares [...]

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% [...]

Citigroup Inc. (NYSE: C) has already traded 650 million shares as of 8:49 AM EST and shares are down at $3.15, right where the largest offering in US capital markets history priced.  We have already seen one $3 target this morning from an analyst and Dick Bove of Rochdale called this “terrible” last night on [...]