Top Day Trader Alerts (AIV, CTIC, DWA, HIMX, ODSY, S, ZLC)

Investing

Published: May 24, 2010 8:50 am

Last Updated: April 28, 2020 8:29 am

We have several decent movers this morning in the early morning. This Monday’s top day trader and active trader alerts are in Apartment Investment & Management Co. (NYSE: AIV), Cell Therapeutics, Inc. (NASDAQ: CTIC), DreamWorks Animation SKG Inc. (NASDAQ: DWA), Himax Technologies, Inc. (NASDAQ: HIMX), Odyssey Healthcare Inc. (NASDAQ: ODSY), Sprint Nextel Corp. (NYSE: S), and Zale Corp. (NYSE: ZLC). We have a brief explanation of the news and added color or pertinent data where applicable.

Apartment Investment & Management Co. (NYSE: AIV) just announced that it could sell up to 7 million shares of common stock in an at-the-money offering, although the company said in the release that it did not need the capital as of now. Shares are down 0.5% at $19.90.

Cell Therapeutics, Inc. (NASDAQ: CTIC) is trading lower after it agreed to sell $21 million in preferred stock and in warrants. Shares are down almost 17% at $0.37 on over 1 million shares. A penny stock, but a cult penny stock there is.

DreamWorks Animation SKG Inc. (NASDAQ: DWA) is being hit this morning as the Shrk the Final movie debut this last weekend was deemed as an underperformer. Shares are indicated down 8% at $31.99 on thin volume.

Himax Technologies, Inc. (NASDAQ: HIMX) is trading up 5% at $2.92 on over 50,000 shares this morning. This is on continued news of a dividend and over Taiwan depository receipts.

Odyssey Healthcare Inc. (NASDAQ: ODSY) is surging aftyer receiving a $27.00 per share cash buyout from Gentiva Health Services, Inc. (NASDAQ: GTIV). Odessey shares are up almost 37% at $26.40 versus a 52-week range of $9.30 to $22.18. Gentiva shares are down 0.5% at $25.65 on thin volume.

Sprint Nextel Corp. (NYSE: S) is up on two bits of good news. The cellular telecom player was raised to “Buy” at Goldman Sachs based upon lower churn rates and then Barron’s over the weekend gave it a positive article on value and turnaround. Shares are up almost 5% at $4.63 on relatively strong pre-market volume.

Zale Corp. (NYSE: ZLC) is up after it was raised to Hold from Sell at Soleil ahead of this week’s earnings and after Golden Gate Capital took a 25% stake earlier this month. Shares are up 3.6% at $2.85. Unfortunately the trading volume is thin.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Sponsor: 5 best investments for 2010 – The next nine months represent a bold new era for investors.

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.