Is Google poised to take another run at $500?
It’s funny how fast investor sentiment can change on a stock. A few weeks ago, everyone was doom and gloom on GOOG, and now people are jumping back onto the bandwagon in droves. With a bunch of new products coming out, a reported deal with DELL being […]
ALKS went on a tear today, trading up over 11% to close at $26.71 after some positive buzz regarding the treatment Byetta. The treatment, which is currently being developed by AMLN, LLY and ALKS, was spoken about positively by Pipar Jaffray analyst Thomas Wei. Volume was quite heavy, with over 5.8 million shares changing hands, […]
TERNE put in a strong session on Monday, trading up over 12% in heavy trading (3.2 million shares traded versus normal daily average of 559k.) The stock closed at $2.83, up over 30 cents on the day. TERNE has a 52 week high of $4.10. What was the reason for the move? Is there some […]
PCNTF jumped over 16% after MediaRing said that it planned a $8.25 unsolicited offer in cash for PCNTF. Mediaring currently owns slightly less than 5% of PCNTF. Is the market skeptical of this deal? The stock closed at $7.50 on Monday, well below the $8.25 offering price. Volume was heavy, with over 1.1 million shares […]
SILC is currently up over 20% in moderately heavy trading (382k shares vs. normal daily average of 84,600 shares) after announcing that it had secured another design win, its second of this month. The stock is currently trading at $11.65, well above its previous 52 week high of $10.57. The stock has a fairly small […]
GERN shot up over 14% on Friday in heavy trading (4.3 million shares traded versus normal daily average of 727k) after word hit the Street that there would be a stem cell report on 60 Minutes on Sunday night. GERN has a 52 week high of $12.18, and GERN shareholders this weekend are obviously hoping […]
NTES jumped over 14% on Friday after announcing Q4 earnings results that were much better than Wall Street expectations. The company reported 96 cents per share of earnings, compared to analyst expectations of 88 cents per share of earnings. Sales were $60.4 million, compared to analyst expectations of 55 million dollars. The stock traded up […]
ELNK traded down over 9% on Thursday to close at $10.76 after reporting that it expects Q1 results to range from breakeven to a loss of 45 million dollars. Most worrying to investors was the fact that ELNK expects flat subscriber growth in 2006 compared to 2005. Volume was high on the day, with almost […]
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AMED is currently trading down over 23% in late afternoon trading after reporting Q4 results that didn’t impress a couple of the analysts following the company. Jeffries + Co. and Oppenheimer both downgraded the company following the resignation of the company’s CEO and the company’s fourth quarter miss. Analysts are questioning whether there is more […]