Volume Spike Investor

Research In Motion Limited (NASDAQ: RIMM) was downgraded by Morgan Stanley (NYSE: MS)  from overweight to underweight. As of 8:16 AM EDT, RIMM was trading  at $49.00. This was 2.89% below yesterday’s close, which saw the stock down 1.03%. RIMM stock is nearing the bottom end of its 52-week range of 47.42 to 88.08. The stock [...]

Morgan Stanley (NYSE: MS), a bank holding company that is no bank at all, reported $0.82EPS vs. $0.57 expected and revenue was $9.08 billion vs. $7.94 billion.  Shares are up 3.6% at $31.55 on almost 700,000 shares as of 8:35 AM EST.  The 52-week range is $20.69 to $35.78. Average volume is close to 20 [...]

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% [...]

Shares of Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) have hit skid row again on no real news.  We have inquired around and the culprit is traders attacking the stock.  They are using these as hedges on other positions, but there may be more the concerns of this “investment bank turned banker” business [...]