Volume Spike Investor

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, [...]

Palm Inc. (NASDAQ: PALM) is up as rumor Friday hopes to become merger Monday.  Yesterday there was an article noting that its CEO acknowledged that speculation of its future as an independent company may hurt developer interest for creating Apps.  Shares are trading higher by about 4.3% at $5.07 this morning on almost 1.3 million [...]

Palm, Inc. (NASDAQ: PALM) is down on two issues.  It is granting stock options and/or restricted stock to certain executives after a recent executive departure.  But the stock did not announce a merger yet and its analyst rating at Morgan Keegan was Cut to Underperform.  At 8:43 AM ESt we have seen 401,000 shares trade [...]

Palm, Inc. (NASDAQ: PALM) is trading up on a positive research call this morning oin the chances of a buyout. RBC has maintained an Outperform rating on Palm with an $11 target.  The firm has said it has a $10 to $14 breakup value and it sees a better chance than not of a deal [...]

Palm Inc. (NASDAQ: PALM) has reportedly sought out Huawei as a prospective buyer, but there may be one hang up.  The company may be too expensive to acquire now if you factor in the preferred shares and options held by Elevation and private equity investors.  Dow Jones valued that at $1.5 billion if a $6.50 [...]

Palm Inc. (NASDAQ: PALM) is trading higher again this morning, and you have heard why… more takeover chatter developments.  The reports over the weekend put Palm having hired Goldman Sachs an Qatalyst to pursue a sale of the company. UPDATE 9:33 AM EST: Shares are up 8.7% at $5.61 on 10.3 million shares. UPDATE 8:32 [...]

Palm, Inc. (NASDAQ: PALM) is up again and seeing trader interest Friday morning on new reports that HTC may be in talks to acquire the company.  A report from Engadget has investors looking at reports in Economic Times and Economic Daily News showing that HTC is exploring how it would or could integrate Palm into [...]

Palm, Inc. (NASDAQ: PALM) is down this morning as no word of a takeover is found with any meat after yesterday’s “buyout chatter” based on options and strong volume.  This is common for next-day profit taking after rumors do not come true and does not mean the rumor mill won’t churn its stories again.  Shares [...]

Allied Irish Banks plc (NYSE: AIB) is down again on fears of a broader nationalization move as the the Irish government is expected to announce plans for another round of bank recapitalizations and details on a previously disclosed program for troubled banks.  At 8:48 AM EST we have shares down almost 9% at $3.26 on [...]

American Apparel, Inc. (AMEX: APP) is losing its edge.  After earnings, the company’s profit slid but was in-line.  It has deferred on offering a 2010 outlook.  Most importantly, it announced layoffs.  That doesn’t sound like a growth story anymore, does it… Shares are down 9.3% t $3.48 on 17,000 shares at 8:48 AM EST. Cost [...]