Investing
Top Active Trader Alerts (ABK, BCSI, CPWM, INTU, MRVL, RIMM, CRM, VRML)
Published:
Last Updated:
Active traders and day traders have many movers this Friday morning to choose from. The top alerts were seen in Ambac Financial Group, Inc. (NYSE: ABK), Blue Coat Systems Inc. (NASDAQ: BCSI), Cost Plus Inc. (NASDAQ: CPWM), Intuit Inc. (NASDAQ: INTU), Marvell Technology Group, Ltd. (NASDAQ: MRVL), Research in Motion Limited (NASDAQ: RIMM), Salesforce.com Inc (NYSE: CRM), and Vermillion, Inc. (NASDAQ: VRML).
Ambac Financial Group, Inc. (NYSE: ABK) is down again, this time by a sharp 14% at $0.46 on over 200,000. This appears to be more bankruptcy concerns after it hit a new 52-week low of $0.48 on Thursday.
Blue Coat Systems Inc. (NASDAQ: BCSI) is getting hit again after earnings with weak guidance due to Europe (for the second quarter in a row). Shares are down 7.4% at $17.55 on almost 20,000 shares. The 52-week range here is $16.35 to $36.25.
Cost Plus Inc. (NASDAQ: CPWM) traded higher last night after earnings by about 7%. It appeared to be up 19% this morning at $3.75 but that is on tiny volume. This one may be up but the bid-ask spread is not there.
Intuit Inc. (NASDAQ: INTU) shares are up big after earnings and guidance were both above estimates. Shares are up 6% at $41.25 but trading volume is still rather thin.
Marvell Technology Group, Ltd. (NASDAQ: MRVL) is soaring after earnings and after a buyback plan. Shares are up 9% at $16.26 on close to 300,000 shares.
Research in Motion Limited (NASDAQ: RIMM) is getting whacked on a late research call from Morgan Stanley with an underweight rating. Shares are down 2.5% at $49.20 on over 50,000 shares.
Salesforce.com Inc (NYSE: CRM) earned $0.29 in non-GAAP EPS vs. $0.27 expected from Thomson Reuters. Shares were up almost 8% in after-hours trading and that is the same level this morning at $104.20 on 35,000 shares.
Vermillion, Inc. (NASDAQ: VRML) has no fresh news and no fresh volume this morning. BUt how long can a trend last? We counted that there have been 13 straight trading days of share price declines. It closed at $5.93 yesterday and was at $11.80 when the mudslide started.
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
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
