Wednesday, December 29, 2010

Ben's Pre Market Recap


DARA places stock= to 35% of float
CVM commences Phase III trial of Multikine
MRNA orphan drug status for CEQ508

Analyst Action:

DRC Global Hunter cuts from Buy to Hold
RNOW Piper Jaffray ups from Neutral to Overweight
CLD Piper Jaffray ups from Market Perform to Outperform

Tuesday, December 28, 2010

JuggernautTrading's webcam video December 28, 2010, 05:51 AM

Ben's Pre Market Recap


SNTS submits RHUCIN Biologics License to FDA
OXPS trades ex-dividend
MNKD  FDA needs an extra month to complete their review of MNKD NDA
SVA SFDA (Chinese) to commence trials for Vaccine

Monday, December 27, 2010

Ben's Pre Market Recap

Thursday's News: looks a little slow so far

CBLI private placement at $6/share
ALIM/PSDV response letters from FDA--not good

Today's News:

MAIL signs 2 year contract extension with GOOG
NGAS bought by MHR for $.55
CEPH reponse letter from FDA--not good

Thursday, December 23, 2010

Tim's T3 Trading Group Registration

I am very pleased to formally announce that I have registered with T3 Trading Group (Member of the CBOE Stock Exchange) as a representative, and will be trading daily in there downtown State Street Plaza office - Feel free to contact me for additional info. Merry Christmas all...

JuggernautTrading's webcam video December 23, 2010, 05:44 AM

Ben's 100k JAS trade pre market today - Merry Xmas!

Newsbroke at 8:00:00 AM 12/23/10.  Headline read:

Jo-Ann Stores to Be Acquired by Leonard Green & Partners, L.P. for $61.00 Per Share in Cash

So you don't even bother looking at where it closed.  Only relevant prices are what's on the offer between where it is now and about $58 (give or take).  I don't like to pay right up to the bid price, but I'll pay close.  You can see on my screen that I start to buy 49.50's and stop at 57.  Funny thing is, checking eSignal time and sales, I don't think I got the first 400 shares, but I think I got all the rest.  I did manage to sell 1,000 at 62, and 500 traded as high as 64.11 but that wasn't me.  The trades since have largely been in the mid to high 60's, which is where I sold the remainder.  Anyway, Christmas present a bit early.

Wednesday, December 22, 2010

Ben's AM Recap

Last night's news:

RHT/NKE decent earnings but not good enough
PRGS/FINL good earnings
TIBX nice earnings/stock buyback
BHLB and LEGC merging, LEGC=~$13/shre
XLNX warns

This morning:

ZOOM raises guidance
CPIX receives response letter from FDA for Acetadote--more needs to be done
NAV reports solid earnings
CORT positive phase III
WAG good earnings
DCTH completes NDA (biotech mania...)
LNN earnings, light on EPS
ARG rejects $70/share offer from APD

Analyst Action:

DRL,ABB Stern Agee ups Sell to Hold, Hold to Buy
FL FBR adds to top picks list
CEG Citi ups Hold to Buy 
HBHC Stifel Nicolaus cuts Buy to Hold
GOL Argus cuts Buy to Hold
BEN Susquehanna cuts Net Positive to Net Neutral
AEO Suntrust cuts Buy to Neutral
KKD BGB Securities cuts Hold to Sell
XLNX Raymond James cuts Strong Buy to Outperform

Monday, December 20, 2010

Ben's Pre Maret Recap

Today's news:

REGN positive phase III data 
CHTP accelerates NDA filing for Northera
VVUS flies EMA application for Qnexa
RTN to buy APSG $38/share
JEF good earnings

Analysts actions:

ITMN Baird ups Neutral to Outperform
FISV Baird cuts Outperform to Neutral
SHO Barid cuts Outperform to Neutral
CNX, PCX, CLD FBR ups Market Perform to Outperform
HOLX RBC ups Sector Perform to Outperform
MPR Brean Murray cuts Buy to Hold
ARG Piper ups Neutral to Overweight
NTAP Stifel ups Hold to Buy

JuggernautTrading's webcam video December 20, 2010, 05:34 AM

12-20-10 - Today's Pre Market Meeting

Friday, December 17, 2010

Ben's Pre Market Recap

Last night's earnings:

Last night's offerings

Other news last night:
RSYS warns
NYMX European licensing agreement

Today's Pricings
HSFT $26, VALV $5.50

This morning's news:
BMO Financial buying MI $7.75 stock deal
ITMN European Approval of Esbrieta

Analyst Actions
CHRW Baird cuts Outperform to Neutral
CBS Tier 1 firm ups Neutral to Buy
SPRD Auriga ups Hold to Buy
ACN Jefferies ups Hold to Buy
DNDN Madison Williams initiates with Sell
SJW Brean Murray cuts Hold to Sell
ACOM citi initiates with Buy
BYD BMO cuts Market Perform to underperform