Posts for Ticker ‘FORM’

Unusual Options Trading Screens (EK, ETFC, ODP, ARNA, FCX, S, FORM, POT)

It is the weekend, and that means that our end-of-week screen for unusual options trading activity is complete.  Of course expiration date throws a wrench in any screens, but we found some very unusual options trading in others not tied to options expiration and roll-out trades.  We have provided a link through to each for more color and analysis on the specific options and stock moves at VSInvestor.com:

Eastman Kodak Co. (NYSE: EK) tanked on high stock volume from the KKR deal this week. But the real impressive area was the unusual options trading.

E*TRADE Financial Corporation (NASDAQ: ETFC) is under $2.00, yet options trading is looking very active.  Here we gave price triggers to watch out for as possible resistance, if you can use such a thing on a $2.00 stock.

Office Depot, Inc. (NYSE: ODP) is very rare to see on the unusual stock options list, yet there it was. The big trade was out to January.

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) was not just impressive.  It was a huge winner since it was down and then closed up and saw high options and stock trading.  This will be a key watch-list stock for traders this coming week. The options trading may have been a roll-out.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) very active compared to normal volume in options trading, yet not in the stock volume… $1,000 gold is the likely trigger.

Sprint Nextel Corp. (NYSE: S) was very active in stocks and in options, probably a continued bet that management and operations may need to learn to speak German….

FormFactor Inc. (NASDAQ: FORM) may be a hedge or income trade of some sort, but this is a very odd pattern by any measure.

Potash Corp. of Saskatchewan, Inc. (NYSE: POT) saw a bullish bias in the options roll as September-2009 contracts expired.

Enjoy the rest of your weekend.  You can join our open email distribution list which goes out several times per week for top day trader alerts, options screens, analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: September 19, 2009 – 10:33 am in Options, Trading Alert, , , , , , , ,

Analyst Downgrade Onslaught Continues (ASML, CMG, FORM, GFIG, ICE, KLAC, MSSR, MPEL, MRG, PEET, PRXI, PHM, RGLD, JAVA, TCK, TER, UDR, VNO)

Burning_money_pic_2This morning was a shocker on just how many analyst downgrades and very negative calls were out from Wall Street analysts.  The sad part is this is only part of the onslaught that we are still seeing.

  • ASML (NASDAQ: ASML) Cut to Market Perform at FBR.
  • Chipotle (NYSE: CMG) Cut to Neutral at Piper Jaffray.
  • FormFactor (NASDAQ: FORM) Cut to Market Perform at FBR.
  • GFI Group (NASDAQ: GFIG) Cut to Hold at Deutsche Bank.
  • IntercontinentalExchange (NYSE: ICE) Cut to Hold at Deutsche Bank.
  • KLA-Tencor (NASDAQ: KLAC) Cut to Market Perform at FBR.
  • McCormick & Schmick’s (NASDAQ: MSSR) Cut to Neutral at Piper Jaffray.
  • Melco Crown (NASDAQ: MPEL) Cut to Hold at Deutsche Bank.
  • Morton’s Restaurant Group (NYSE: MRG) Cut to Neutral at Piper Jaffray.
  • Peet’s Coffee & Tea (NASDAQ: PEET) Cut to Neutral at Piper Jaffray.
  • Premier Exhibitions (NASDAQ: PRXI) Cut to Neutral at Merriman Curhan Ford.
  • Pulte Homes (NYSE: PHM) Cut to Neutral at JPMorgan.
  • Royal Gold (NASDAQ: RGLD) Cut to Sector Underperform at CIBC.
  • Sun Microsystems (NASDAQ: JAVA) Cut to Sell from Neutral at Goldman Sachs (added details).
  • Teck (NYSE: TCK) Cut to Neutral at UBS.
  • Teradyne (NYSE: TER) Cut to Market Perform at FBR.
  • UDR Inc. (NYSE: UDR) Cut to Sell at Goldman Sachs.
  • Vornado (NYSE: VNO) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
January 8, 2009

Posted on: January 8, 2009 – 7:29 am in Analyst Calls, , , , , , , , , , , , , , , , , ,

The 52-Week Low Club 7/23/2008 (MIR)(CVG)(ADTC)(FORM)

Sad_clownMirant (MIR) Downgrade from Lehman Brothers. Falls off to $30.90 from 52-week high of $44.61.

Convergy (CVG) Good profits, but cuts forecast. Sells down to $12.69 from 52-week high of $24.30.

A D C Telecommunications (ADTC) Poor outlook with earnings. Drops to $9.70. from 52-week high of $21.

FormFactor (FORM) Oppenheimer downgrade. Dips to $15.56 from 52-week high of $48.48.

Douglas A. McIntyre

Posted on: July 23, 2008 – 2:55 pm in HI/LOW, , , ,

Top Pre-Market Analyst Downgrades (ADCT, ALV, CAT, FORM, GMR, GIII, MIR, SNIC, TGT, TOPS, WM, ZMH)

These are some of the top downgrades or negative analyst calls we are seeing this Wednesday morning in early pre-market hours:

  • ADC Telecom (ADCT) Cut to Neutral at Baird; Cut to Market Perform at FBR.
  • Autoliv (ALV) Cut to Hold at Deutsche Bank.
  • Caterpillar (CAT) Cut to Neutral at JPMorgan.
  • FormFactor (FORM) Cut to Perform  at Oppenheimer.
  • General Maritime (GMR) Cut to Neutral at JPMorgan.
  • G-III Apparel Group (GIII) Cut to Market Weight at Thomas Weisel.
  • Mirant (MIR) Cut to Equal Weight at Lehman.
  • Sonic Solutions (SNIC) Cut to Neutral at JPMorgan.
  • Target Corp. (TGT) Cut to Neutral at Credit Suisse.
  • Top Ships (TOPS) Cut to Underweight at JPMorgan.
  • Washington Mutual (WM) Cut to Sell at Piper Jaffray.
  • Zimmer Holdings (ZMH) Cut to Neutral at Piper Jaffray.

Jon C. Ogg
July 23, 2008

Posted on: July 23, 2008 – 6:29 am in Analyst Calls, , , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ABT, AEIS, AMSC, CREE, DRS, FORM, RAIL, NVS, PNSN, SOV)

These are ten of the impact analyst calls we are seeing this Friday morning:

  • Abbott Labs (NYSE: ABT) started as Buy at UBS.
  • Advanced Energy (NASDAQ: AEIS) Raised To Overweight By JP Morgan.
  • American Superconductor (NASDAQ: AMSC) Cut to Hold from Buy at Jefferies.
  • Cree (NASDAQ: CREE) started as Hold Lazard Capital.
  • DRS Tech (NYSE: DRS) cut to Neutral at UBS; cut to market perform at FBR.
  • FormFactor (NASDAQ: FORM) Raised To Overweight From Neutral By JP Morgan.
  • FreightCar America (NASDAQ: RAIL) Raised to Buy from Hold at Jefferies.
  • Novartis AG (NYSE: NVS) raised to Outperform at Bernstein.
  • Penson Worldwide (NASDAQ: PNSN) Raised to Overweight at JP Morgan.
  • Sovereign Bancorp (NYSE: SOV) Raised To Market Perform at KBW.

Jon C. Ogg
May 9, 2008

Jon Ogg produces and edits the "10 Stocks Under $10" weekly newsletter for 247WallSt.com.

Posted on: May 9, 2008 – 6:37 am in Analyst Calls, , , , , , , , , ,

Pre-Market Stock News (July 10, 2007)

(AA) Alcoa $0.81 EPS vs $0.81e; will likely have to sweeten Alcan bid before getting any approval from Alcan.
(BOT) CBOT holders approve the CME merger offer.
(CACS) Carrier Access lowered guidance.
(CAKE) Cheesecake Factory put revenues at $373.2 million vs $371 million consensus estimate.
(CVTX) CV Therapeutics identified possible anti-diabetic characteristics in Ranexa.
(DELL) Dell has new smaller business initiative being released today.
(ENCY) Encysive announced its CFO is resigning.
(FORM) Form Factor in strategic pact with Elpida for test cost reductions.
(GMST) Gemstar TV-Guide hired UBS to explore strategic alternatives.
(HD) Home Depot issued earnings warning, but stock called flat to marginally higher.
(LXK) Lexmark issued earnings warning.
(SHLD) Sears lowered guidance to %0.98-1.24 EPS (vs. $2.12 est.) because of home appliances and other sales being weaker; increased share buyback plan.
(THRX)  Theravance announced positive results from phase II clinical study that met primary endpoints fot staph and other skin based infections.
(UNCA) Unica lowered guidance.
(WDFC) WD-40 $0.44 EPS vs $0.47e; lowered annual EPS guidance.

Jon C. Ogg
July 10, 2007

Posted on: July 10, 2007 – 7:08 am in Pre-Market Activity, , , , , , , , , , , , , , , ,

Pre-Market Analyst Calls (July 10, 2007)

ACAD started as Outperform at FBR.
ALC started as Outperform at RBC.
ARUN started as Buy at Jefferies.
ATVI started as Buy at First Albany.
AZ raised to Buy at UBS.
CHA cut to Hold at Deutsche Bank.
DRIV raised to Outperform at RBC.
DTV raised to Buy at Citigroup.
EMC started as Mkt Perform at BMO Capital Markets.
F raised to Overweight at JPMorgan.
FOLD started as Overweight at JPMorgan.
FORM cut to Underweight at JPMorgan.
FVE started as Sector Perform at RBC.
GGG cut to Sector Perform at CIBC.
GM raised to Overweight at JPMorgan.
GME started as Buy at First Albany.
GRMN started as Neutral at B of A.
LMIA cut to Mkt Perform at Wachovia.
MU raised to Buy at Jefferies.
PLCM started as Buy at Jefferies.
PNM raised to Hold at Citigroup.
QLGC started as Outperform at BMO Capital Markets.
RACK cut to Sector Perform at RBC.
SMG raised to Overweight at JPMorgan.
UNCA cut to Hold at Jefferies.
VOLV raised to Overweight at HSBC.

Jon C. Ogg
July 10, 2007

Posted on: July 10, 2007 – 6:41 am in Analyst Calls, , , , , , , , , , , , , , , , , ,