Top Day Trader Alerts (ATVI, ALU, AYE, BSX, JASO, LF, YRCW)

We have provided a list of top day trader and active trader alert stocks this morning with a brief explanation of each move as well as what the move and trading volume is.  Time stamps are at approximately 8:45 AM EST.

Activision Blizzard, Inc. (NASDAQ: ATVI) is trading up about 6% at $10.72 on almost 200,000 shares after beating earnings handily last night.

Alcate-Lucent (NYSE: ALU) feels more like a perpetual Alcatraz-Losin’ than anything.  The company had light revenues and gave a forecast that will be disappointing after you compare it to Cisco.  Shares are down over 8% in New York ADRs at $2.92 on 700,000 shares.

Allegheny Energy Inc. (NYSE: AYE) is trading up 12% at $23.55 on 650,000 shares this morning after FirstEnergy (FE) is acquiring it in a $4.7 billion deal.

Boston Scientific Corporation (NYSE: BSX) is trading down 7.6% at $7.66 on reports that it has a design flaw in two defibrillators which can cause the devices to deliver potentially life-threatening shocks to the hearts of patients.  There was also a downgrade at Deutsche Bank this morning.

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) managed to beat earnings and raise its shipment forecasts for 2010.  Earnings were $0.14 EPS vs. $0.11 EPS estimates and revenues rose 23.5% to $238.4 million versus $213.5 million consensus (Thomson Reuters consensus).  It now expects shipments to exceed 900MW for 2010, above prior guidance in the range of 750MW to 800MW.  Shares are up 8% at $5.04 on over 600,000 shares.

LeapFrog Enterprises Inc. (NYSE: LF) is soaring this morning after the company significantly beat earnings estimates and gave guidance in-line for 2010.  Shares are up over 23% at $4.60 on over 40,000 shares.

YRC Worldwide, Inc. (NASDAQ: YRCW) is trading up for once… The company has entered into a note purchase agreement for $70 Million in new capital.  This has shares up over 7% at $0.72, but we have not even seen 100,000 shares trade hands yet.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG
FEBRUARY 11, 2010

Top Day Trader Alerts (ADBE, ATHX, BIDU, CPST, DELL, HMC, MCZ, NBG, NTGR, S)

We have many key movers, and many up by double-digit percentages.  These are this morning’s top day trader and active trader alert stocks:

Adobe Systems Inc. (NASDAQ: ADBE)  is trading up 3.5% at $33.45 on about 76,000 shares after two different analyst upgrades.

Athersys, Inc. (NASDAQ: ATHX) is trading up big after it received a U.S. patent covering adult stem cell composition & production.  Shares are up over 30% at $3.76 on 400,000 shares.

Baidu, Inc. (NASDAQ: BIDU) is surging over 8% and above the $470.25 mark at all-time highs.  The company beat earnings and raised guidance.

Capstone Turbine Corp. (NASDAQ: CPST) is trading up 5% at $1.20 on almost 50,000 shares.  A boutique called Northland upgraded the stock this morning.  FULL ANALYST CALLS

Dell Inc. (NASDAQ: DELL) is up 2.66 at $13.91 but had been up over 3%.  Only about 200,000 shares have traded.  FULL ANALYST CALLS

Honda Motor Co. (NYSE: HMC) is down 1.95% at $33.85 on 381,000 shares pre-market.  This is almost never a key price/volume alert, but it expanded a previous recall for 378,758 more vehicles in the U.S. related to driver-side airbag rupture issues.

Mad Catz Interactive (AMEX: MCZ) is a huge gainer this morning on video game peripheral sales.  The company reported Q3 sales of $48.8 million and net income of $5.6 million.   We are looking at gains of over 40% at $0.498 on about 90,000 shares.

National Bank of Greece SA (NYSE: NBG) is trading down this morning despite hope of an E.U. or German-led rescue of its debt issues.  Shares are down 4.7% at $4.06 on over 100,000 shares.  Yesterday was a record on volume seen in many years and the stock was one of Tuesday’s top gainers.

NETGEAR Inc. (NASDAQ: NTGR) beat earnings and put revenues for the coming quarter above estimates.  Shares are up 13.5% at $24.70, but on fewer than 20,000 shares versus an average daily volume of 260,000 shares.  Anything above $23.41 marks a new 52-week high.

Sprint Nextel Corp. (NYSE: S) is trading down 3% at $3.54 on over 1.9 million shares after it posted a narrower loss on lower revenues and its subscriber loss shrank in the fourth quarter as well.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

Timestamps around 8:45 AM EST

JON C. OGG
FEBRUARY 10, 2010

National Bank of Greece Setting Record Volume (NBG)

National Bank of Greece SA (NYSE: NBG) is up on hopes that that either a German-led or EU-led bailout or aid package will end the country’s woes.  It is not just important by how much higher this stock is today, but the notion of the major trading volume is extremely important.  This has become the trader’s proxy stock for an EU or German bailout of Greece.

The 18.4% gain is more than impressive in the ADRs to $4.05.  Throughout this entire crisis yesterday was the zenith… 5,080,700 shares with a $0.52 loss to $3.42.  We still have 2 hours and 45 minutes of trading to go before the close and this has traded 8.87 million shares as of 1:17 PM EST.  This is more than 6-times normal trading volume of 1.46 million shares.

This number of shares won’t seem like much to the traders who trade $1 stocks that trade 50 million shares in a day.  But this is the most active trading day far going back to at least 2006.  That is called a proxy stock if you ever saw one.

JON C. OGG

Top Day Trader Alerts (AMGN, ACLI, CTIC, CERS, ERTS, LCAV, NBG, SQNM)

These are some of the top trading stocks seen on price and volume moves for day traders and active traders:

Amgen Inc. (NASDAQ: AMGN) is trading up this morning by 2.25% at $58.75 on almost 200,000 shares on its report that its Phase III head-to-head trial evaluating Denosumab met its primary and secondary endpoints versus Zometa in a 1900+ study in the treatment of advanced prostate cancer that has progressed to bone metastases.

American Commercial Lines Inc. (NASDAQ: ACLI) is soaring as the top gainer on NASDAQ but on this volume.  The headline earnings were $1.09 EPS vs. $0.06 as revenue fell 16% to $226.9 million versus estimates of $222.5 million.  The revenue drop was blamed on commodities shipped by transportation customers and lower tow revenues as tons/mile volume declined was down 1.4%.  A large short interest exists here at 1.077 million shares or 11.5% of the float.  Shares are up 26% at $20.48 but on 13,000 shares.

Cell Therapeutics, Inc. (NASDAQ: CTIC) is up after a huge sell-off yesterday after the FDA postponed its Oncologic Drugs Advisory Committee Meeting to review Pixantrone due to severe snow conditions around the nation’s capital. Shares closed at $0.64 and are indicated up around $0.78 on 1.9+ million shares.  Shares were as high as $0.84 in earlier trading.

Cerus Corporation (NASDAQ: CERS) is trading up 16%, even above earlier indications, at $2.35 on 81,000 shares after the company reported positive results of its Phase 1 clinical trial of INTERCEPT red blood cells and on its report that it will collaborate with the French National Transfusion Service on INTERCEPT red blood cell development.

Electronic Arts Inc. (NASDAQ: ERTS) down 7.8% at $16.12 on 700,000 shares; very actively traded to downside last night; this after earnings were mostly in line with estimates but the company lowered guidance all the way out to Fiscal March-2011.

LCA-Vision Inc. (NASDAQ: LCAV) beat earnings this morning but just with a more narrow loss (-$0.19 EPS).  We have not paid attention to the rest of the data from the call but shares are down 9.5% at $5.35 on only about 12,000 shares.  This is rarely a stock that trades in the pre-market.

National Bank of Greece SA (NYSE: NBG) is seeing a major pop up this morning despite a Goldman Sachs downgrade that is way too late.  This is on the major overhaul proposed.  Shares are up 10% at $3.77 on about 40,000 shares.

Sequenom, Inc. (NASDAQ: SQNM) is trading up over 5% at $4.35 this morning on 60,000 shares after the company reported that it licensed the worldwide rights to develop age-related macular degeneration diagnostic test to Optherion and is expected to launch in 2011.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

Price snapshots as of 8:40 to 8:50 AM EST

JON C. OGG
FEBRUARY 9, 2010

Top Day Trader Alerts (AIB, AMAG, CIT, CVS, HAS, NBG)

These are this Monday morning’s top day trader and active trader alerts seen with price or volume moves.

Allied Irish Banks plc (NYSE: AIB) is seeing its ADRs trade lower yet again on concern of sovereign debt exposure in the PIIGS.  Shares are down 7.5% at $3.06 in early pre-market trading.

AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) is up on thin volume after the company issued a statement defending its recent troubles as the same percentages as had been indicated in testing.  The stock closed at $37.77 Friday and is up 5.9% at $40.00 on thin volume so far this morning.

CIT Group, Inc. (NYSE: CIT) is up 4% at $32.00 this morning after naming John Thain as CEO and Chairman of the company.

CVS Caremark Corporation (NYSE: CVS) is up 2.7% at $31.91 on over 50,000 shares after beating earnings expectations.

Hasbro Inc. (NYSE: HAS) is up after $1.09 EPS vs. $0.81 Thomson Reuters estimates.  Revenue rose over 11% to $1.37 billion vs. $1.33 billion estimates.  Shares are up 9% at $33.60 on almost 100,000 shares.

National Bank of Greece SA (NYSE: NBG) is seeing its ADRs down yet again over Greek debt risks and the concern in the PIIGS… Shares are down over 8% at $3.61 in early pre-market trading.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

Price snapshots take right around 8:40 AM EST

JON C. OGG
FEBRUARY 8, 2010

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Bullish Options Bias for Cisco (CSCO)

It is hard to use Cisco Systems Inc. (NASDAQ: CSCO) for an options-bias for many time periods in general, but that has not been the case today not the case this week.  After a weekend review and considering that most key technology companies have beat earnings and then sold off, it was almost shocking that the options trading for the FEB10 Puts and Calls have been mostly in the Call options.  In short, there is a bullish bias.

As of 1:00 PM EST today, in the FEB10 contracts, there have been over 47,000 contracts in the various call strikes versus about 12,000 of the combined Puts.

Shares are down 0.3% at $22.95 on just over 30 million shares ahead of earnings… average volume is over 41 million shares and the 52-week range is $13.61 to $25.10.

JON C. OGG

Comsys IT Partners Buyout (CITP)

Comsys IT Partners, Inc. (NASDAQ: CITP) is trading up big as the top winner so far this morning. Manpower is acquiring COMSYS for $431 million.  This translates to $17.65 per share.  At 8:47 AM EST we have seen 627,000 shares trade hands and the company is up 32% at $17.54.  The 52-week range is $1.82 to $13.65 and average volume is only about 45,000 shares per day.

JON C. OGG

USEC Options Alert… Obama-Nuclear Stock (USU)

There has been some increased trading activity in the stock of USEC Inc. (NYSE: USU).  This is based upon more belief that the loan guarantee denied last Summer may be back on because the Obama administration has talked about adding nuclear power and more loan guarantees tripling to possibly $54 billion in the 2011 budget that is supposed to be submitted Monday. The activity is taking place in the APRIL-2010 $5.00 CALLS and the $6.00 CALLS. So far we have seen 1,916 contracts trade versus an open interest of 3,824 contracts in the $5-strike and 1,654 contracts traded versus an open interest of 4,883 contracts in the $6-strike.

USEC shares are up 8% at $3.99 on 2.8 million shares as of 1:20 PM EST. The 52-week trading range is $3.22 to $7.24 and the average daily volume is now only 1.53 million shares.

JON C. OGG

Yucheng Shows How Dire Chinese Bank Situation Is (YTEC)

Yucheng Technologies Limited (NASDAQ: YTEC) is getting killed after the IT-solutions provider for Chinese banks reported earnings.  The company’s guidance for 2010 is awful as a direct play on Chinese bank spending post-cuts that have now been mandated.

The company is offering some clarity over the Chinese loan-halt situation: “We believe that the prospective reserve ratio increase by the People’s Bank of China and the possibility that non-performing loans may increase in the near future, which would adversely affect the profits of Chinese banks, caused Chinese banks to reevaluate their spending and contract signings ahead of the New Year. As a result, contracts that management had been negotiating in the fourth quarter 2009 have slipped into 2010, and as negotiations progress may become more limited in scope or provide lower margins. We anticipate banks to remain cautious initiating new projects in the near term. Overall, the shifts in the banking market caused us to experience a revenue shortfall in the fourth quarter of 2009.”  In short, business is falling off a cliff.

The company issued guidance based upon uncertainty based on approximately 25% growth on the top-line and 10% to 15% growth on the bottom-line.  That puts first quarter 2010 expectations of revenues of $11.6 to $12.2 million and non-GAAP EPS of $0.08 to $0.10. Thomson Reuters has estimates at $0.08 and $13.5 million in revenues.

The 2010 annual guidance expectations are where things fall off the proverbial cliff…. revenues guidance $65 to $68 million and non-GAAP EPS of $0.30 to $0.36, versus Thomson Reuters estimates of $0.91 EPS and $84.14 million in revenues.

At 9:00 AM EST we have just hit 1 million shares and the average volume is 165,000 shares.  The price drop is horrific… -48% at $3.48.  The 52-week range had been $4.06 to $9.64.  Shares closed at $6.74 yesterday and had been $8.00 just two weeks ago.

JON C. OGG

Ford on Cruise Control at 120 MPH (F)

Ford Motor Co. (NYSE: F) is seeing huge volume after the only remaining public US auto maker posted a full year profit for 2009.  That was unthinkable a year ago.  The shares are only up 2% at $11.80 as of 8:56 AM EST, but we have already seen 11.7 million shares trade hands.  Average volume is $97 million shares and the 52-week range is $1.50 to $12.14.  Keep in minds as far as the $12.00 handle… that price has not been seen since March 2005.

-JON OGG

Flextronics Lags EMS Stocks (FLEX)

Flextronics International Ltd. (NASDAQ: FLEX) closed at $7.10 but shares are down 3.8% at $6.83 on 98,065 shares of stock as of 8:43 AM EST.  This is effectively making the stock the worst reaction for the electronics manufacturing service or EMS stocks.  The earnings Were $0.17 EPS and $6.6 billion in revenues versus Thomson Reuters estimates of $0.15 EPS and $6.3 billion.  The guidance is the problem because other EMS  players have raised guidance: $0.13 to $0.16 EPS on $5.8 to $6.2 billion in revenues; Thomson Reuters estimates are $0.13 EPS and $5.8 billion.  Sometimes good isn’t good enough.

The 52-week trading range is $1.81 to $7.97 and average volume is over 8 million shares. Shares had been down 7% and the Needham upgrade to BUY is probably keeping this from being worse.

JON C. OGG

Double-Digit Percentage Earnings Movers (ALGN, NFLX, QCOM, TTEK)

We have at least four stocks up or down by double-digit percentages in the after-hours session based upon their earnings reports.  These are Align Technology, Inc. (NASDAQ: ALGN) and Netflix, Inc. (NASDAQ: NFLX) up; Qualcomm Inc. (NASDAQ: QCOM) and Tetra Tech Inc. (NASDAQ: TTEK) down…

Price snapshots below are as of 7:00 PM EST:

Align Technology, Inc. (NASDAQ: ALGN) beat earnings at $0.16 EPS and revenue rose 16.9% year over year to $86.6 million.  Estimates were $0.09 EPS and $80.6 million. Guidance for next quarter is $0.12 to $0.14 EPS on revenue of $85 to $88 million vs. estimates of $0.08 EPS and $80.42 million.

• Align Technology, Inc. $16.69 close… up 10.5% at $18.45 on 82,130 shares

Netflix, Inc. (NASDAQ: NFLX) said everything right that it could short of issuing any guarantees.  The movie rental player added 1.1 million customers and said that its fourth quarter profits rose 36% and gave strong expectations for 2010.  Shares were up about 15% in the after-hours session after the close.

• Netflix, Inc. $50.97 close… shares up 15.2% at $58.72 on 1,331,429 shares

Qualcomm Inc. (NASDAQ: QCOM) beat earnings as was expected, but the company gave very ugly guidance considering the number of smartphones and mobile web devices that are coming online in 2010.  There was just no pretty way to paint today’s report.  Average sales prices per unit were brought down by 4.2% for 2010.

• QUALCOMM Incorporated $47.20 close… down 10% at $42.48 on a whopping 6,085,526 shares

Tetra Tech Inc. (NASDAQ: TTEK) is supposed to be one the companies in the sweet spot ahead of the State of the Union, but the company must not be too robust about its chances of garnering remediation and infrastructure revenues from the handouts that may be coming.  It lowered guidance for the year due to the downturn in the commercial construction market.  Earnings were $0.30 EPS and revenue rose 4% to $343.5 million.  Thomson Reuters estimates were $0.29 EPS and $339.7 million in revenues.  It sees Q2 earnings of $0.20 to $0.23 EPS and $310 to $330 million in revenues, while it sees 2010 at $1.08 to $1.18 EPS and $1.4 to $1.5 billion.  Thomson Reuters was looking for $0.30 EPS and $354.7 million in revenues and the year estimates were $1.32 EPS and almost $1.50 billion in revenues.

• Tetra Tech, Inc. $25.07 close…  down 10.25% at $22.50 on 13,591 shares

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG

Sanmina Rocking (SANM)

Sanmina-SCI Corporation (NASDAQ: SANM) posted a Q1 profit and earnings blew out the consensus Thomson Reuters data with strong margin gains…. guidance was raised too, but there was suspicious strong and active rally trading seen yesterday. Shares rose 14% last night after closing at $12.30.  This morning we have a 15.8% gain to $14.25 but only on 47,040 shares.  This is a 52-week high as the range was $0.73 to $12.45 and average volume is about 1 million shares.

JON C. OGG

Apple Chart Set-Up (AAPL)

Apple Inc.(NASDAQ: AAPL) is trading up 2.2% at $207.54 on 760,0000 shares as of 8:50 AM EST.  You already knew about the blow-out it reported, but the accounting changes made the report very difficult to use for a real comparison.  It also had solid growth in iPhones and Mac sales, but the iPods unit sales declined as everyone who wants an iPod already has one.  The chart may be more directing than the news now with the following moving averages:

• 5-day $207.13
• 10-day $207.95
• 20-day $209.68
• 50-day $203.26

To catch everyone’s take any time on Apple, you can see those at AppleFinancialNews.com.

JON C. OGG

Citrix Options Shadow VMWare Earnings (CTXS, VMW)

VMWare Inc. (NYSE: VMW) soared in after-hours trading, and in our earnings summary we already noted that that this sets a very high bar for Citrix Systems Inc. (NASDAQ: CTXS) as a result of the strong virtualization market.  We did not see this options trading in our reviews throughout the trading day, but it turns out that options traders were making very bullish options bets in Citrix today potentially as a virtualization trade.

In the FEB-2010 $45.00 CALLS, there were 14,614 contracts traded versus an open interest of a mere 5,840 contracts.  That is larger than the entire open interest.  The $40.00 PUTS saw some 1,194 contracts trade versus an open interest of 3,135 contracts.  The MAR-2010 $45.00 CALLS traded some 1,466 contracts versus an open interest of 919 contracts.

It turns out that VMWare options for FEB-2010 were very active today, but not very active in any single contract. VMWare rose 18% to $49.61 on 1.9 million shares in the after-hours session.  Citrix traded only 23,178 shares during the after-hours session, butt the after-hours last trade was $41.90 after closing at $41.15.

(after-hours reporting)

JON C. OGG

Apple Preview… Stock/Options Volume Spike (AAPL)

Apple  Inc. (NASDAQ: AAPL) reports after today’s close and this will be the highlight of the earnings after Monday’s closing bell.  Thomson Reuters has estimates pegged at $2.07 EPS (non-GAAP of course) and revenues of $12.06 billion…  Whispers are significantly higher.  Analysts are close to $240 in price targets, options traders are braced for a move of more than $10 and the chart is giving some very mixed notions in either direction.  We have a very detailed and much more expanded preview posted over at Investorplace.com showing future growth expectations,  past guidance, comparable margin data, and far more details on options and open interest, the charts, more analyst data, competing firm data, and more.

At 12:45 PM EST we have shares up 2.2% at $202.51 on 17.2 million shares.  The average daily volume is 18.2 million shares, so we should hit 150% of normal trading volume if today’s volume holds up.  As a note, this one traded over 20 million shares each day last week and Friday was more than 31 million shares.

In options we have now seen over 71,000 of the active call options trade with a FEB-2010 expiration, while we have seen 57,000 contracts trade of the PUTS for FEB-2010 expiration.

Want the full run-down of analyst calls and post-earnings takes tonight and tomorrow?  Visit our sub-site that aggregates all Apple-related stories with a headline and link to each story out there on Apple at WWW.APPLEFINANCIALNEWS.COM to bookmark.

JON C. OGG

CIENA Runs on Analyst Initiation (CIEN)

CIENA Corporation (NASDAQ: CIEN) is trading up this morning on an analyst call.  Auriga gave it a Buy rating with an $18 target.  The firm has said that the transformational acquisition of Nortel’s metro-ethernet operations is off to a good start.  Shares closed at $12.24 Friday, and shares are up at $12.68 on 25,250 per-market shares at 8:59 AM EST.  The 52-week range is $4.98 to $16.64 and average volume is over 7.1 million shares.

JON C. OGG

Analyst Whacks Apple (AAPL)

Apple Inc. (NASDAQ: AAPL) is down 1.37% at $205.22 on over 4.4 million shares as of 10:05 AM EST.  Frankly, Apple holders might feel lucky that the drop is only by that little.  Deutsche Bank has removed Steve Jobs and friends from its short-term buy list ahead of next week’s earnings and ahead of the iSlate launch (the tablet).  Any analyst cutting ratings can have an impact, particularly when you consider the trading range seen over the last 52-week period of $82.33 to $215.59 and over 18 million shares of stock on an average day.  Be advised, the charts matter here… very much.  The 50-day moving average is $203.42.  The stock has been under the 20-day moving average (now $210.05) as of yesterday.  By the way, if you eat, drink, breathe, and sleep Apple news, we have the sub-site we use for our Apple research via http://www.applefinancialnews.com/

You are invited to join our free daily email distribution list from 24/7 Wall Street to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG
JANUARY 22, 2010

Somaxon, The Great Double (SOMX)

Somaxon Pharmaceuticals, Inc. (NASDAQ: SOMX) has soared in after-hours trading after it provided an update on the status of its New Drug Application for Silenor for the treatment of insomnia and said that the FDA acknowledged that this resubmission would be considered a complete response.  This also noted that no additional safety or efficacy data was needed and it now sees a decision from the FDA by March 21, 2010.

At 6:13 PM EST we have shares up literally over 100% at $2.56 (52-week range is $0.18 to $4.80).  The last prints show that it traded 1.79 million shares in the after-hours session since the 4PM closing bell.

JON C. OGG