Posts for Ticker ‘PINN’

Speculative Oil & Gas Moves (SD, PINN)

Over at "VOLUME SPIKE" (vsinvestor.com) we were running some screens today and found two unusual option and stock movers worth noting today.  These two moves come from companies as different from each other as night and day, so besides them being in the same sector they are completely unrelated movers.  This was one of the oil & gas companies recently highlighted by none other than T. Boone Pickens when he was touting $150/barrel oil.

The first came in SandRidge Energy Inc. (NYSE: SD) with a highly unusual options volume trade in the SEP08 $80.00 CALLS.  That is more than any normal day’s implied volume by far if you look at the leverage of the contracts, and the stock has never traded at $80.00.  .

The second strange volume alert came in a much more speculative stock called Pinnacle Gas Resources, Inc. (NASDAQ: PINN).  It looks like traders are "speculating on speculators" as this was a thin volume stock that has been active the last two days.

Douglas A. McIntyre
June 19, 2008

Posted on: June 19, 2008 – 1:34 pm in HI/LOW, Oil & Gas, Options, ,

Largest IPO Percentage Losses of 2007 (CHIP, DEEP, ZBB, BBND, MMPI, GLUU, IMRX, GSIT, XFML, PINN, LLNW)

247WallSt.com wanted to bring a best and worst in IPO’s for 2007.  Many investors look for recent IPO’s that have seen the shares hit hard since coming public.  Some of these may be overlooked, but always remember that there is usually a reason that an IPO would be down more than 50% since coming public.  As you can see below, there were some big losers for IPO’s in 2007:

  • VeriChip Corp (NASDAQ:CHIP) Feb. 9 at $6.50; recently $2.49 or -61.69%.
  • Superior Offshore (NASDAQ:DEEP) April 19 at $15.00; recently $5.85 or -61.00%.   
  • ZBB Energy Corp (AMEX:ZBB) June 15 at $6.00; recently $2.40 or -60.00%.
  • Bigband Networks (NASDAQ:BBND) March 14 at $13.00; recently $5.55 or -57.31%.
  • Meruelo Maddux Prop. (NASDAQ:MMPI) Jan. 24 at $10.00; recently $4.36 or -56.40%.   
  • Glu Mobile (NASDAQ:GLUU) March 21 at $11.50; $5.07 or -55.91%.
  • ImaRx Therapeutics (NASDAQ:IMRX) July 25 at $5.00; recently $2.23 or -55.40%.
  • GSI Technology (NASDAQ:GSIT) March 28 at $5.50; $2.51 or -54.36%.
  • Xinhua Finance Media (NASDAQ:XFML) March 8 at $13.00; recently $6.18 or -52.46%.
  • Pinnacle Gas Resources (NASDAQ:PINN) May 14 at $9.00; recently $4.30 or -52.22%.   
  • Limelight Networks (NASDAQ:LLNW) June 7 at $15.00; recently $7.29 or -51.40%.

Jon C. Ogg
December 26, 2007

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Posted on: December 26, 2007 – 7:54 am in HI/LOW, IPOs, , , , , , , , , , ,