Volume Spike Investor

China Medical Technologies, Inc. (NASDAQ: CMED) missed earnings and cut guidance and is the leader as far as percentage losers this morning.  Shares closed at $15.15 yesterday but is down over 17% at $12.51 on 93,850 shares as of 8:44 AM EST.  Earnings were $0.10 EPS  per share, under the consensus from Thomson Reuters $0.59; [...]

China Medical Technologies, Inc. (NASDAQ: CMED) is getting a slap this this morning.  Revenues rose 29%, but the company posted a loss of about $400,000… on an adjusted basis, the earnings drop is only 7.7%… Sellers are clearly in charge.  At 8:16 AM EST we have seen about 32,000 shares trade hands and shares are [...]

China Medical Technologies (Nasdaq: CMED) is down more than 7%, and has traded roughly 20% of its normal volume in the first 15 minutes of trading. Chatter among Wall Street contacts is that it was downgraded to an Equal Weight weighting at a large research firm this morning, which cited increased pricing pressures in parts [...]

China Medical Technologies Inc. (NASDAQ: CMED) is seeing a surge in pre-market trading this Thursday morning. The company’s earnings report is the culprit. With about 40 minutes to go before the open, we have seen 95,000 shares trade hands and the market is putting shares above $38.00 and $39.00. The close yesterday was $33.44. 52-Week [...]