Volume Spike Investor

Qualcomm (NASDAQ: QCOM) is getting shelled pre-market.  The stock is lower after its Q1-2009 disappointing report was marred by weaker revenue guidance despite “surprisingly strong CDMA and 3G demand.”  Bank of America-Merrill Lynch said it believes the company is just being overly conservative on guidance with lowered numbers and said QCOM remains one of the [...]

We are starting to see some increased put option buying in Qualcomm Inc. (NASDAQ: QCOM) today.  This is after CNBC comments this morning from CEO Paul Jacobs where he commented that higher-end smartphone and PDA-phone replacements seem to be slightly longer replacement cycles than in the past.  Based upon the current economy and based upon [...]

By now you’ve seen the earnings release and the more important release that Qualcomm Inc. (NASDAQ: QCOM) has settled its Nokia litigation.  But what is interesting besides “just” the huge gains in the stock this morning is the volume.  After 1 hour and 10 minutes, this stock is up 16.6% at $52.27.  What is more [...]