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 [...]

Tessera Technologies Inc. (NASDAQ: TSRA) is still way down pre-market after it dropped a bomb in the after-hours session.  Shares had slid 9.5% yesterday to $16.62 at the close, and shares were down by 42% at $9.73 last night.  It is actually worse this morning with shares down at $9.33 with 30 minutes to the [...]

Tessera Technologies Inc. (NASDAQ: TSRA) dropped a bomb in the afdter-hours session.  The company said that the ITC issued an initial determination in its Wireless ITC action.  The Administrative Law Judge overseeing the International Trade Commission action brought by Tessera against certain wireless manufacturers (Qualcomm-QCOM was one) issued an Initial Determination finding Tessera’s asserted patents [...]

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 [...]