Posts for Ticker ‘DRYS’

Unusual Friday Options Activity (AAPL, GOOG, BAC, LEAP, PCS, DRYS, YHOO)

We have seen some unusual options trading today.  As you would expect, some is around today’s 4:00 PM close  with today being options expiration date.  But some bets are way out into 2011 and we have some around merger rumors.  All have links with full details on the options trading analysis at VSInvestor:

Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG) are both seeing very active trading around expiration date today, and the closest strikes are acting as magnets.

Bank of America Corp. (NYSE: BAC) has seen a very bullish bet in options out to 2011.

There is some elevated Dec-2009 Call options activity in both Leap Wireless International Inc. (NASDAQ: LEAP) and MetroPCS Communications Inc. (NYSE: PCS) on today’s re-rumor of a potential deal coming back up.

DryShips, Inc. (NASDAQ: DRYS) is very active in the stock after an increased convertible note offering, yet the options activity seen today seems muted.

Yahoo Inc. (NASDAQ: YHOO) has a big bet out in January 2011 options expiration.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG
NOVEMBER 20, 2009

Posted on: November 20, 2009 – 3:24 pm in Options, Rumors, Trading Alert, , , , , , ,

Top Day Trader Alerts (BCRX, DELL, DRYS, NVAX, WCRX)

These are this morning’s top day trader alerts and active trader alerts early this Friday morning.  We have links through to each stock at VSInvestor.com with more data and analysis on each:

BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) down almost 6% on its secondary offering.

Dell Inc. (NASDAQ: DELL) is down 8% on earnings, but we came up with the technical levels to watch in moving averages and prior pivot points.

DryShips Inc. (NASDAQ: DRYS) is down almost 4% after it increased the size of its convertible note offering.

Novavax, Inc. (NASDAQ: NVAX) is trading down 10% on a secondary offering on deck.

Warner Chilcott plc (NASDAQ: WCRX) is down only 2% after insiders and private equity holders are selling shares in a secondary offering.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG
NOVEMBER 20, 2009

Posted on: November 20, 2009 – 8:44 am in Pre-Market Activity, Trading Alert, , , , ,

Top Day Trader Alerts (PARD, NLST, DRYS, VVUS, PHM)

These are this morning’s top day trader and active trader alerts with big volume or big moves in early pre-market trading.  We have more detailed analysis and data with a link to each stock at VSInvestor.com:

Poniard Pharmaceuticals, Inc. (NASDAQ: PARD) is recovering again.

Netlist Inc. (NASDAQ: NLST) is entering the drunkard territory on the charts.

DryShips, Inc. (NASDAQ: DRYS) was only down about 2% on the latest note offering.

VIVUS Inc. (NASDAQ: VVUS) has its holders getting excited, just like its ED trials are sowing, with 13% gain.

Pulte Homes Inc. (NYSE: PHM) was up 4% on a Citi upgrade before the new housing data came out this morning.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Posted on: November 18, 2009 – 9:01 am in Pre-Market Activity, Trading Alert, , , , ,

DryShips Goes For Capital Raise, Again (DRYS)

DryShips Inc. (NASDAQ: DRYS) just hexed its investors who were hoping to see the stock keep running over the $7.00 hurdle.  The company just announced that it has commenced a public offering of $300 million aggregate principal amount of convertible senior notes.  The company listed the use of proceeds as being for vessel acquisitions, working capital, and other general corporate purposes.  These are under an existing shelf, but the offering method here may sour some investors who recently bought stock.
Read More »

Posted on: November 17, 2009 – 4:25 pm in ADR, Secondary Offering, Transports,

Dry Bulk Shipping Stocks Rally

Tickerspy’s Dry Bulk Shipping Stock Index (*DBULK) rose 5.1% today, beating the S&P 500 by 1.3.%.  Dry shipping stocks were given a boost by upgrades today.  Deutsche Bank upgraded Genco (NYSE: GNK), Euroseas Ltd (NASDAQ: ESEA), and Eagle Bulk Shipping (NASDAQ: EGLE) today.  All three made major moves today.

Over half of the dry shipping stocks in the Tickerspy index has risen over 100% off of their 52-week lows.  The industry was placed in serious jeopardy as global trade entered a state of decline during the credit crunch.  Shipping rates fell dramatically as recently as this summer, but have been on the rise in recent months.

Garrett W. McIntyre

Posted on: November 16, 2009 – 4:39 pm in Transports, , , , , , , , , , , , , , , ,

Top Day Trader Alerts (BRCD, COMS, GMCR, DRYS, AMD, JDSU)

These are this morning’s top day trader and active trader alerts on high price moves and/or high volume.  We have a link to more data and analysis at VSInvestor.com for each stock:

We have issued some options data and new levels to watch in Brocade Communications Systems, Inc. (NASDAQ: BRCD) now that its stock is down 10%.

3Com Corporation (NASDAQ: COMS) is setting multi-year record trading volume.  You already know why.

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is getting roasted on its own after earning.

DryShips Inc. (NASDAQ: DRYS) is challenging the $7.00 highs not seen since October.

Advanced Micro Devices Inc. (NYSE: AMD) is hitting 52-week highs on its settlement with Intel.

JDS Uniphase Corp. (NASDAQ: JDSU) is riding tech merger coattails with a 6% gain.

You can join our open email distribution list which goes out several times per week to be notified of key analyst calls, top early morning day trader alerts, along with news of IPO’s, key offerings, guru investor data on Buffett and others, key merger news, and more.

JON C. OGG

Posted on: November 12, 2009 – 9:16 am in Pre-Market Activity, Trading Alert, , , , , ,

The DryShips Earnings Anchor (DRYS)

DryShip ImageDryShips Inc. (NASDAQ: DRYS) posted what some may take as mixed earnings despite the stock’s reaction in the after-hours session.  The headline figure looked disappointing at first with a report of $35.6 million net profit, or $0.12 in basic and diluted earnings on an EPS basis.  But the company noted that a loss of $39.3 million took earnings down by $0.15 per share tied to the valuation of interest rate swaps.  DryShips would have reported earnings at $74.9 million, or $0.27 EPS, outside of that.  The combined revenues from drilling and drybulk operations was down nearly $100 million from a year ago to $228.2 million.  Thomson Reuters had estimates pegged at $0.20 EPS and $215.55 million in revenues.
Read More »

Posted on: October 26, 2009 – 4:53 pm in ADR, Earnings, Transports,

DryShips Earnings on Deck (DRYS)

DryShip ImageDryShips, Inc. (NASDAQ: DRYS) is set to report earnings this afternoon.  Calling this one the more volatile stocks in a volatile space would be redundant at a minimum.  While we are cautious in about estimates, Thomson Reuters has a consensus estimates of $0.20 EPS on $210.65 million in revenues for its Q3 period.  And for the Q4 period, those estimates are $0.20 EPS and $215.55 million in revenues.  The real issue at hand will come from the individual metrics.
Read More »

Posted on: October 26, 2009 – 1:16 pm in Cult Stock, Earnings, Transports,

Top Day Trader Alerts (ACPW, JPM, FAS, BMTI, INTC, DRYS, MESA, CNO)

These are this morning’s top day trader and active trader alert stocks.  We have much more detailed analysis on most with links through to each stock over at VSInvestor.com:

Active Power, Inc. (NASDAQ: ACPW) is surging over 30% on news that it has received a second multi-million dollar order.

JPMorgan Chase & Co. (NYSE: JPM) is doing well enough that it is running the highly volatile triple-leverage ETF Direxion Daily Financial Bull 3X Shares (NYSE: FAS) by more than JPMorgan.

BioMimetic Therapeutics, Inc. (NASDAQ: BMTI) is changing to a big gain after showing a big stock drop last night.

Intel Corporation (NASDAQ: INTC) is up over 4% but off last night’s highs after beating earnings estimates.

DryShips, Inc. (NASDAQ: DRYS) is running again  but up close to previous resistance levels.

Mesa Air Group Inc. (NASDAQ: MESA) is a penny stock up 16% on trader chat. As always, you are on your own in the world of penny stocks.

Conseco, Inc. (NYSE: CNO) is up 20% on word that Paulson & Co. took a stake in a secondary offering.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: October 14, 2009 – 8:49 am in Uncategorized, , , , , , , ,

Top Analyst Upgrades (C, CY, DRYS, LRCX, ONNN, PSUN, PKX, RL)

These are this morning’s top analyst upgrades and positive research calls from Wall Street firms we have seen with about two hours until the market opens:

Citigroup (C) Started as Buy at Deutsche Bank.
Cypress Semiconductor (CY) Raised to Hold at Jefferies.
DryShips (DRYS) Raised to Buy at Lazard.
Lam Research (LRCX) Raised to Overweight at Barclays.
On Semiconductor (ONNN) Started as Buy at Deutsche Bank.
Pacific Sunwear (PSUN) Raised to Outperform at FBR Capital.
Posco (PKX) Raised to Conviction Buy List at Goldman Sachs.
Polo Ralph Lauren (RL) Started as Buy at UBS.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
OCTOBER 13, 2009

Posted on: October 13, 2009 – 7:50 am in Analyst Calls, , , , , , , ,

Top Day Trader Alerts (AA, CENX, DDSS, DRYS, SQNM)

These are this morning’s top day trader and active stock alerts for Thursday.  We have more detailed analysis and price/volume information with a link through to each over at VSInvestor.com:

We have provided some longer-term support and resistance levels for Alcoa Inc. (NYSE: AA) now that its shares are hitting near-term highs after earnings.

Century Aluminum Co. (NASDAQ: CENX) is acting like a leveraged Alcoa based on its trading up 10%.  You can also see how most of the related metals stocks followed Alcoa higher last night.

Labopharm Inc. (NASDAQ: DDSS) is having a repeat gain after yesterday’s pop.

DryShips, Inc. (NASDAQ: DRYS) is back on the pre-market most active movers list.

Sequenom, Inc. (NASDAQ: SQNM) is continuing its mystery rally, despite the risks of implosion.

  • Here is some trading color on Universal Display Corporation (NASDAQ: PANL) after its late-day run on Wednesday.

You can join our open email distribution list to get updates each morning on top day trader alerts, analyst upgrades and downgrades, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
October 8, 2009

Posted on: October 8, 2009 – 9:11 am in After-Hours Activity, Pre-Market Activity, Trading Alert, , , , ,

Top Day Trader Alerts (AMR, DRYS, ORCL, RNN, USB, YMI)

These are this Thursday morning’s top pre-market day trader alert and active trader alert stocks moving on unusual trading volume.  We have a link through to more color and analysis on price and volume over at VSInvestor.com on each stock:

AMR Corp. (NYSE: AMR) is now up over 20% on very strong volume after the airliner obtained $2.9 billion in new financing.

DryShips Inc. (NASDAQ: DRYS) is retaking its bullish proxy status and is up again by almost 4%.

Oracle Corp. (NASDAQ: ORCL) is trading lower and has now violated its key 50-day moving average that had acted as key support for the last 60 days or more.

Rexahn Pharmaceuticals, Inc. (AMEX: RNN) is surging almost 20% on cancer treatment pact with Teva Pharma…

US Bancorp (NYSE: USB) is not up as much as we would have guessed considering that Rochdale’s Dick Bove raised its rating.

YM BioSciences Inc. (AMEX: YMI) is up almost 20% on an approval for cancer treatment down in Mexico.

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

JON C. OGG
SEPTEMBER 17, 2009

Posted on: September 17, 2009 – 9:01 am in After-Hours Activity, Pre-Market Activity, Trading Alert, , , , , ,

DryShips Plays Acquirer (DRYS)

DryShip ImageDryShips Inc. (NASDAQ: DRYS) is making an acquisition.  The marine transporter for drybulk cargoes and off-shore contract drilling services will acquire the remaining 25% of the stake in Primelead Shareholders.  Primelead will become a wholly owned subsidiary of DryShips, and this will get the company more exposure into the oil business.  The soon-to-be unit’s prime assets are two owned and operational ultra-deepwater semi-submersible drilling rigs.
Read More »

Posted on: July 9, 2009 – 3:20 pm in Mergers and Buy Outs, Transports,

Day Trader Alerts (AMGN, NVS, MSCS, DRYS, ARYX, XNPT, ARNA, BPZ)

These are some of the top stocks for day traders and active traders to watch based on pre-market and after-hours volume activity with links to more detailed price and volume analysis on each situation at VSInvestor.com:

  • Amgen Inc. (AMGN) is up about 13% on positive Phase III trial results; Novartis Inc. (NYSE: NVS) may be affected negatively.
  • MSC Software Corp. (Nasdaq: MSCS) shares are up as Symphony Technology placed a bid on the company for $360 million.
  • DryShips Inc. (Nasdaq: DRYS) scored a Credit Suisse upgrade on the stock with close a 5% gain.
  • ARYx Therapeutics Inc. (Nasdaq: ARYX) is getting halved after the company’s experimental anticoagulant failed in a late-stage study.
  • xenoport Inc. (NASDAQ: XNPT) shares were down strongly after hours on a secondary offering.  Ditto on Arena Pharmaceuticals Inc. (NASDAQ: ARNA).
  • BPZ Resources Inc. (NYSE: BPZ) is rising after it announced a credit line that will be used to help it fund projects in Peru.

-The 24/7 Wall St. Team

Posted on: July 8, 2009 – 8:10 am in Trading Alert, , , , , , , ,

Surprise Short Selling Changes (DNDN, DRYS, ETFC, FLEX, GRMN, SIRI, AMTD)

After looking through the short interest changes for the end of May.  We saw unusual gains in short selling increases in Dendreon Corporation (NASDAQ: DNDN), DryShips Inc. (NASDAQ: DRYS), E*TRADE Financial Corp. (NASDAQ: ETFC), Flextronics International (NASDAQ: FLEX), Garmin Ltd. (NASDAQ: GRMN), Sirius XM Radio Inc. (NASDAQ: SIRI), and TD Ameritrade Holding (NASDAQ: AMTD). As you will see below, we included the stocks and the short interest changes:
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Posted on: June 10, 2009 – 11:02 am in Short Interest, , , , , , ,

Short Sellers Flee Tech Stocks (MSFT)(CSCO)(ORCL)(JNPR)

bearThe sharp rally in technology stocks over the past two weeks has pushed short sellers out of the market.

The short interest in Microsoft (MFST) fell 29% in the period ending May 15 to 56.5 million shares. Shares sold short in Cisco (CSCO) dropped 26% to 50.1 million. The short interest in Oracle (ORCL) plunged 26% to 37.4 million. Shares short in Juniper (JNPR) dropped 18% to 43.2 million. Read More »

Posted on: May 27, 2009 – 6:56 pm in Autos, Banking, Financial Stocks, Hardware, Internet, Short Interest, Software, Technology, , , , , , , , , , , , , ,

DryShips Market Cap Changes After ATM Offering Completed (DRYS)

DryShip ImageDryShips Inc. (NASDAQ: DRYS) is seeing a surge of interest this morning after the company said it had completed its “ATM” financing of some $475 million in gross proceeds.  Merrill Lynch acted as sales agent in the offering.  This will have ramifications for traders on Friday and beyond, particularly on the market capitalization rate.
Read More »

Posted on: May 22, 2009 – 7:38 am in Secondary Offering, Trading Alert, Transports,

Hidden Benefit of DryShips Getting Waivers (DRYS)

DryShip ImageDryShips Inc. (NASDAQ: DRYS) is seeing its shares surge on news that it has received waivers from lenders.  We have been expecting this for some time, and fairly recent reports of a share sale made this only look more likely that waivers would be granted.  This should even bring about some very positive trends after its recent issues brought up by auditors.
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Posted on: May 15, 2009 – 9:24 am in Banking, Secondary Offering, Trading Alert, Transports,

How DryShips (DRYS) Became The Next Sirius XM (SIRI)

bank2Sirius and XM Satellite Radio were among the great cult stocks of the last decade. They were heavily traded and volatile. Investors expected their business to be the most important development in consumer electronics in years. By the time they had fought the government for over a year to complete a merger, the new company, Sirius XM (SIRI), was nearly dead. Sirius had gone from over $60 in 2000 to $.05. The company is nearly forgotten.

The firm that has taken the place of Sirius among market gamblers is DryShips (DRYS), the Athens-based shipping company. A year ago, the stock traded at $116.43. Recently, it dropped to $2.72. Over 35 million shares in Dryships trade in an average day. Read More »

Posted on: May 4, 2009 – 12:39 pm in Consumer Electronics, Earnings, Transports, ,

DryShips Capital Raise & Upgrade (DRYS)

dryship-imageDryShips Inc. (NASDAQ: DRYS) is surging this morning.  Last night the company announced that it has completed its $500 million equity offering to boost its balance sheet and to use against debt.  The shipping operator also received an analyst upgrade as shares were raised to ‘Outperfom’ from ‘Perform’ with an $8.00 target at Oppenheimer.  The comnpany now has 184.4 million shares outstanding after the offering.
Read More »

Posted on: April 17, 2009 – 7:49 am in Secondary Offering, Trading Alert, Transports,