TASER’s Stunning Volume (TASR)

TASER International, Inc. (NASDAQ: TASR) is soaring this morning after receiving and shipping three significant orders in December 2009.  This now puts revenues above expectations at approximately $32 million for the quarter versus $28.7 million consensus.  The 2009 figure does include approximately $3.5 million of revenue deferred in Q3 2009 relating to the TASER X3 trade in program.

• The first order for 2,250 ADVANCED TASER(R) M26 Electronic Control Devices and related accessories for the Brazilian Ministry of Justice.
• The second order was for the Philadelphia Police, PA, for 1,000 TASER(R) X26(TM) ECDs and related accessories.
• The third order was for the Chicago Police Department, IL, for 386 TASER X26 ECDs and related accessories.

Shares are up 11.2% at $5.23 on 557,000 shares as of 9:38 AM EST.  That makes this already above the full daily volume in 8 minutes as teh average volume is 453,000 shares, and the 52-week trading range is $3.11 to $5.88.

JON C. OGG
January 6, 2010

Beazer Offering Trumps Orders (BZH)

Beazer Homes USA Inc. (NYSE: BZH) is down this morning after an after-hours sell-off.  The company said that quarterly orders jumped 37%, but the company is also raising cash.  Beazer is selling 18 million shares and $50 million in convertible notes.  This was down 7.75% at $5.00 versus a $5.42 close on Tuesday in the after-hours on over 100,000 shares last night.  At 8:49 AM EST we have shares trading down 9.5% at $4.90 on only about 8,000 shares.

JON C. OGG