9:00 am (EST) I had a busy day on Monday with everything going on but I wanted to update some of the positions we have open and what is happening with them. The Celgene (CELG, $42.31, up $0.16) April 40 calls (LGHDH, $3.00, up $0.25) had a stop of $2.25-$2.50Read more
Tuesday's Tidbits
Barron's Bites Amazon
Weekly Wrap for 4/5/09
1. Commentary 2. Research In Motion Highlights 3. Dendreon – Between the Lines 4. Earnings 5. Current Trades 6. Monday Morning Playbook (Alcoa) 7. Closing Thoughts ************************************************** 1. Commentary For the fourth week in a row, the market posted a gain but things didn’t look good to start the week.Read more
RIMM Bets Pay Off/ Dendreon Over $5
12:10 pm (EST) Research In Motion (RIMM, $59.10, up $10.01) is stealing the show today as the stock is up 20% after reporting better-than-expected earnings. The stock opened at $59.76 and hit a high of $60.95. In pre-market trading, the stock was above $63. Still, today’s big move in theRead more
Friday Morning Notes
Surprise! RIMM Hits $60
Amazon.com Surging/ Celgene Right Behind
11:30 pm (EST) Amazon.com (AMZN, $76.00, up $2.50) continues its march higher despite another downgrade this morning. Barclays Capital lowered its rating from “Overweight” to “Equal-weight” with a $70 price target. They went on to say that Amazon has outperformed the market by 60% since December. And? The stock alsoRead more
On Deck: Research In Motion
Research In Motion (RIMM, $45.62, up $2.51) finished Wednesday’s trading session slightly higher from Friday’s close and I mentioned a number of options and strategies that could be used based on your belief of where the stock may be headed after the company reports earnings today. I had favored theRead more