Top Day Trader Alerts (AMR, DRYS, ORCL, RNN, USB, YMI)

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By Douglas A. McIntyre Updated Published
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These are this Thursday morning’s top pre-market day trader alert and active trader alert stocks moving on unusual trading volume.  We have a link through to more color and analysis on price and volume over at VSInvestor.com on each stock:

AMR Corp. (NYSE: AMR) is now up over 20% on very strong volume after the airliner obtained $2.9 billion in new financing.

DryShips Inc. (NASDAQ: DRYS) is retaking its bullish proxy status and is up again by almost 4%.

Oracle Corp. (NASDAQ: ORCL) is trading lower and has now violated its key 50-day moving average that had acted as key support for the last 60 days or more.

Rexahn Pharmaceuticals, Inc. (AMEX: RNN) is surging almost 20% on cancer treatment pact with Teva Pharma…

US Bancorp (NYSE: USB) is not up as much as we would have guessed considering that Rochdale’s Dick Bove raised its rating.

YM BioSciences Inc. (AMEX: YMI) is up almost 20% on an approval for cancer treatment down in Mexico.

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JON C. OGG
SEPTEMBER 17, 2009

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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