Monday, August 10, 2009

TRW Active on Offering News (TRW)

TRW Automotive Holdings Corp. (NYSE: TRW) is likely to be one of the more traded issues compared to average volue today on teh NYSE.  The company announced a 14 million share alternative offering and this has shares modify on the news.  The have is down 7.5% at $18.76 as of 9:00 AM EST.  The intensity has yet to become on strong, but the average intensity here is only 1.4 million shares.  With 10-times an average day’s intensity being offered, we’d expect that intensity to pass the average regular intensity in the first hour or two. – JON C. OGG


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