Posts for Ticker ‘VG’

Top Day Trader Alerts (GRMN, VG, ABK, ACAS, STEC, JAVA)

These are this morning’s top day trader alert and active trader alert stocks.  We have links through to VSInvestor.com on each stock with much more detailed data and analysis on the news, price, and volume:

Garmin Ltd. (GRMN) is up over 3%, but far less than you’d think after earnings were well above estimates.

Vonage Holdings Corporation (NYSE: VG) is down close to 10% despite positive earnings because revenues declined.

Ambac Financial Group, Inc. (NYSE: ABK) is soaring by 25% on a huge earnings per share number, after items of course.

American Capital, Ltd. (NASDAQ: ACAS) is up 18% and this is already well off highs after earnings and a potential debt restructure.

STEC, Inc. (NASDAQ: STEC) is one of the morning’s ugliest with a 30% drop on a idsappointment in its earnings and on at least two analyst downgrades.

Sun Microsystems Inc. (NASDAQ: JAVA) is down 2.4% on the E.U. hurdle noted last night, but this had been down as much as 8% or 9% after the news broke. (No Link)

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

JON C. OGG

Posted on: November 4, 2009 – 8:59 am in Pre-Market Activity, , , , , ,

Wednesday Hangs on Key Tech/Media Earnings (CSCO, CMCSA, QCOM, TWX, VG)

Bull and Bear ImageWe have four key earnings for technology and media investors and traders due on Wednesday, and one key cult stock.  The two biggest for tech which can impact all components of their related sub-sectors are Cisco Systems Inc. (NASDAQ: CSCO) and QUALCOMM Inc. (NASDAQ: QCOM).  Then in media and communications will be Comcast Corporation (NASDAQ: CMCSA) and Time Warner Inc. (NYSE: TWX).  Lastly, there is one of Wall Street biggest cult stocks with Vonage Holdings Corp. (NYSE: VG) on deck.  We have provided Thomson Reuters consensus estimates, and, where applicable, key performance measures and added color on each.
Read More »

Posted on: November 3, 2009 – 2:23 pm in Calendar, Cult Stock, Earnings, Media, Technology Companies, Telecom, , , , ,

Next Week’s Top 10 Earnings on Deck (CHK, F, KFT, MA, CSCO, CMCSA, QCOM, BRK-A, SIRI, VG)

NYSE Floor ImageEarnings season may be winding down, but next week still has some very important companies that are economic indicators in and of themselves or are key stocks that have broad customer and investor bases.  Picking only ten companies leaves many key stocks out, but we have some here which will appeal to most investors and traders.  Among next week’s top earnings are Chesapeake Energy Corporation (NYSE: CHK), Ford Motor Company (NYSE: F), Kraft Foods Inc. (NYSE: KFT), MasterCard Incorporated (NYSE: MA), Cisco Systems Inc. (NASDAQ: CSCO), Comcast Corporation (NASDAQ: CMCSA), QUALCOMM Inc. (NASDAQ: QCOM),  and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B).

We also have the biggest cult stocks of all with SIRIUS Satellite Radio (NASDAQ: SIRI) and Vonage Holdings Corp. (NYSE: VG) reporting next week.  We have offered some color on each stock along with chart data where relevant, along with Thomson Reuters consensus estimates.
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Posted on: October 30, 2009 – 2:51 pm in Calendar, Earnings, Technical Analysis, Technology Companies, , , , , , , , , ,

Citi Pumps Vonage (VG)

Vonage LogoVonage Holdings Corporation (NYSE: VG) was a recent huge winner on news that it was going to enter the apps market and would be available on iPhones and more.  The shares have risen this week, but it seems muted to what we saw in August and September.  This morning we have seen that Citigroup raised its price target to $1.50 from $0.50 despite maintaining a HOLD rating.  The interest here is not that the stock is trading above that price already, but that it is the first real analyst call from a bulge bracket firm in ages.
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Posted on: October 7, 2009 – 9:29 am in Analyst Calls, Cult Stock, Internet, Telecom,

What Does Allowing VoIP Cost AT&T (NYSE:T)

appleThere was a reason AT&T (NYSE:T) wanted to keep VoIP applications off of its 3G network, and that reason was almost certainly that the applications will cost the company money.

The big phone firm said Apple (NASDAQ:AAPL) will be be allowed to  enable VoIP applications on the iPhone to run on AT&T’s wireless network. Previously, VoIP applications on iPhone were enabled for Wi-Fi connectivity.

The decision probably means that Vonage (NYSE:VG) and the Skype division of eBay (NASDAQ:EBAY) will also attempt to get approval for their VoIP applications. Read More »

Posted on: October 6, 2009 – 6:24 pm in Internet, Telecom, Wireless, , , ,

Short Sellers Flee Tech, Hit Weak Balance Sheets (INTC)(DELL)

bearShort sellers posted a mixed record on big banks. Short interest in Citigroup (C) plunged by 73% to 177.5 million shares. The short interest in Bank of America (BAC) was down 18% to 82.2 million. And, shares short in Morgan Stanley (MS) dropped 10% to 39 million.

Shares short in Fannie Mae (FNM) were up a fraction to 188.7 million. The short interest in Well Fargo (WFC) rose 5% to 90.5 million.

Companies with weak earnings prospects and poor balance sheet were hit particularly hard for the period that ended September 15. Shares sold short in Sprint (S) were up 18% to 88.6 million. Shares sold short in Alcatel-Lucent (ALU) rose 37% to 39.4 million. Short interest in Vonage (VG) was up 135% to 10.2 million. Shares short in Blockbuster (BBI) were up 28% to 25.6 million. Read More »

Posted on: September 25, 2009 – 4:15 am in Short Interest, , , , , , , , , , , , , ,

eBay(EBAY) Shares Down On Skype Suit

beareBay (EBAY) shares are trading down about 2% at $23.96 on news that a company owned by Skype’s founders has filed a filed a copyright suit against the VoIP company, according to The Wall Street Journal.

The firm the founders own is called Joltid and it has a patent on peer-to-peer technology that is used in Skype’s software.

eBay has agreed to sell about two-thirds of Skype to a group of investors for $1.9 billion in cash and $125 million in debt. Read More »

Posted on: September 16, 2009 – 5:57 pm in Law, , , ,

Top Day Trader Alerts (BP, FNM, FRE, JOYG, DXO, TSEM, PAY, VG)

These are this Tuesday’s top day trader and active trader alert stocks.  We have links through to each with more detailed price/volume analysis over at VSinvestor.com:

BP PLC (NYSE: BP) is up big by over 3% for an oil giant pre-market after a big oil discovery in the Gulf of Mexico.

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are getting hit hard again this morning, but this time of the Mortgage Bankers Association recommending for Congress to effectively dump these in favor of a new program.

Joy Global, Inc. (NASDAQ: JOYG) is trading higher by over 4% on high volume after beating earnings handily.

PowerShares DB Crude Oil Double Long Exchange Traded Notes (NYSE: DXO) is going to be closed down and will disappear and holders are selling since it won’t trade normally with its benchmark.

Tower Semiconductor Ltd. (NASDAQ: TSEM) was up, but only marginally, after raising guidance.

VeriFone Holdings Inc. (NYSE: PAY) is surging and now everyone who bough since NOVE-2008 is profitable after earnings and after settling with the SEC.

Vonage Holdings (NYSE: VG) is trading up sharply and back above $2.00… yet again.  This is over the Apple App being approved, as should have been expected.

You can join our open email distribution list which goes out several times per week if you wish to be notified by email when the top day trader alerts hit, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
SEPTEMBER 2, 2009

Posted on: September 2, 2009 – 8:58 am in After-Hours Activity, Pre-Market Activity, Trading Alert, , , , , , , ,

eBay (EBAY) Sells Skype

TVeBay (EBAY), which had planned offer shares in its VoIP business Skype though an IPO, has sold it to private equity interests instead. Netscape co-founder Marc Andreessen, Index Ventures, and Silver Lake Partners are part of the buyout group according to a report in The New York Times.  The purchase price is apparently about $2 billion.

Skype has been an albatross of eBay, which paid over $3 billion for the service. The auction company was never able to integrate its technology into eBay’s core e-commerce operations. Read More »

Posted on: September 1, 2009 – 5:27 am in Internet, Telecom, , , ,

The Return Of Speculation

bearThe volatility late last year and in March should have pushed all of the speculators out of the US stock markets. Very few investors made money and a number of individuals and funds were wiped out. Memories seem to be short when it comes to losing money. Read More »

Posted on: August 28, 2009 – 5:05 am in Banking, Cult Stock, Editor's Picks, Financial Stocks, , , , , , ,

24/7 Wall St. TV: Vonage Mirage

24/7 WallSt TVShares of Vonage (VG) decreased from their peak price of the day yesterday as investors raised concerns about the company’s rapid stock valuation increase. Vonage traded as high as $2.63 before closing at $2.17.  Nonetheless, that is still a stunning increase from the $.45 where it traded last Friday. Vonage’’s volume was more than 81 million, about seventy times its normal daily level. Read More »

Posted on: August 27, 2009 – 10:51 am in Cable Companies, Internet, TV, Telecom, , , ,

Top Day Trader Alerts (AIG, BA, C, HGSI, IMMU, ENER, VG)

These are this Thursday morning’s top day trader and active trader alerts with links through to each story with more detailed price and volume analysis over at VSInvestor.com:

American International Group (NYSE: AIG) is trading up over 10% on pay package approval and on possible help from Hank Greenberg.

Boeing Co. (NYSE: BA) is up huge for a DJIA component after announcing ist Dreamliner’s maiden voage would be before thee end of the year.

Citigroup Inc. (NYSE: C) is trading higher on word of a John Paulson stake being taken this morning, although it is not up as much as you might think..

Human Genome Sciences Inc. (HGSI) is trading down as the hopes of a merger may be dimming at least some….

Immunomedics Inc. (NASDAQ: IMMU) is surging massively on lupus results.

Energy Conversion Devices, Inc. (NASDAQ: ENER) is trading down about 4% after bumbling its earnings.

Vonage Holdings Corporation (NYSE: VG) may be petering out, but we gave some pivot points to watch today.

We apologize if any of these links are slow to load or if the links time out.  We are upgrading the servers for this after strong demand and this should be resolved momentarily.  If you wish to be notified by email when the top day trader alerts hit, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more, you can join our open email distribution list which goes out several times per week.

-The 24/7 Wall Street Team

Posted on: August 27, 2009 – 9:03 am in Pre-Market Activity, Trading Alert, , , , , , ,

The Vonage (VG) Mirage

bearShares of Vonage (VG) decreased from their peak price of the day yesterday as investors raised concerns about the company’s rapid stock valuation increase. Vonage traded as high as $2.63 before closing at $2.17.  Nonetheless, that is still a stunning increase from the $.45 where it traded last Friday. Vonage’’s volume was more than 81 million, about seventy times its normal daily level. Read More »

Posted on: August 27, 2009 – 4:49 am in Cable Companies, Internet, Telecom, , , , ,

The Vonage Rally: With No News Support, Stock Will Plunge

bearVonage (VG) have moved from $.46 to $2.63 in three trading days. The shares are already losing momentum, and have dropped to $2.24 on massive volume of over 36 million shares at 10.45 AM.

Watch for the shares to move back, probably toward $1.25, before the end of the week. It is probably already dawning on traders that there in no news to support the rally, and the company has not made any disclosure about the movement  Read More »

Posted on: August 26, 2009 – 10:45 am in Earnings, Internet, Telecom,

Top Day Trader Alerts (VG, WSM, TSTR, CPST, HGSI, MYGN, LDK, SIRI)

We are seeing some of the same players in the top day trader and active trader alerts, although we are also getting some new names in here as well.  There is a link to each piece for more detailed volume and price data and analysis over at VSInvestor.com:

Vonage Holdings Inc. (NYSE: VG) is hitting amazing trading after yesterday’s 100%+ gains and this morning we saw shares up sharply by yet another 39% to new 52-week highs….

Williams-Sonoma Inc. (NYSE: WSM) is hitting highs for 2009 on earnings and higher guidance.

TerreStar Corporation (NASDAQ: TSTR) is up on active volume this morning on no news…. this is an unusual volume mover considering how it trades.

Capstone Turbine Corporation (NASDAQ: CPST) is surging to recent highs on a new supply pact.

Human Genome Sciences Inc. (NYSE: HGSI) is trading up yet again, and on the same news…

Myriad Genetics Inc. (NASDAQ: MYGN) is up big on earnings and an upgrade.

LDK Solar Co., Ltd. (NYSE: LDK) is up big on news out of China.

SIRIUS XM Radio Inc. (NASDAQ: SIRI) seems to be losing momentum as the street awaits news, but we gave some recent day high-low levels for pivot points…

We apologize if some of the links are slow to load or if they time out.  Due to increased demand, we are making server upgrades this week as a result.  If you wish to be notified by email when the top day trader alerts hit, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more, you can join our open email distribution list which goes out several times per week.

-The 24/7 Wall Street Team

Posted on: August 26, 2009 – 9:10 am in Pre-Market Activity, Trading Alert, , , , , , , ,

Media Digest 8/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   A bubble may be forming in the corporate bond market.

Reuters:   Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP Morgan (JPM) and Blackstone (BX) could get large fees.

Reuters:   A judge would not approve an SEC settlement with Bank of America (BAC) Read More »

Posted on: August 6, 2009 – 3:58 am in Press Digest, , , , , , , , , , , , , , , , , , , , , ,

Last Week’s Russell Boots Are Today’s Winners (FNSR, SANM, SIRI, VG, BBI, MNI, FRE, FNM)

money-stack-imageMany knew that the huge Russell rebalance stocks was creating huge selling in the names toward the end of last week.  Yet on no news today we are seeing solid gains in many of those same stocks.  Traders are using the end of week major selling as a discount buying opportunity today.  This can be seen explicitly in many of the key low-priced technology stocks and in media names.
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Posted on: June 29, 2009 – 12:54 pm in Index, Trading Alert, , , , , , , ,

Many Cult Stock Changes In Russell 3000 Rebalance (CPST, BCON, FNSR, RICK, SIRI, TSCM, URRE, VG)

burning-money-picThe Russell 3000 Index is being rebalanced and many cult stocks with low share prices that have a wide following and high trading volume are getting booted off the index. Beacon Power Corporation (NASDAQ: BCON), Capstone Turbine Corp. (NASDAQ: CPST), Finisar Corp. (NASDAQ: FNSR), Rick’s Cabaret International Inc. (NASDAQ: RICK), SIRIUS XM Radio Inc.(NASDAQ: SIRI), TheStreet.com, Inc. (NASDAQ: TSCM), Uranium Resources, Inc. (NASDAQ: URRE), and Vonage Holdings Corporation (NYSE: VG) are among the former high-flier stocks getting removed from the Russell 3000 that have become cult stocks with a large investor base.  We have given some color on these changes.
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Posted on: June 19, 2009 – 12:01 pm in Cramer, Cult Stock, Index, Trading Alert, , , , , , , ,

The Ten Biggest Tech Failures Of The Last Decade

bearSeveral of the best-funded and most-publicized tech launches of the last ten years have ended in failure. Many large technology companies which had significant market share and product advantages in large industries lost those advantages.

24/7 Wall St. looked at both start-ups and products introduced by companies that did not survive to create a list of the most colossal tech failures of the last decade. To make the list, a product had to be widely recognized and widely available to customers. It had to be aimed at a large global market. It had to be technologically equal to or superior to its competition. It had to be a product or new company that had the possibility of bringing in billions of dollars in revenue based on the sales of similar or competing products. Finally, it had to clearly miss the mark of living up to the potential that its creators expected, and that the public and press were lead to believe was possible. Read More »

Posted on: May 12, 2009 – 8:46 pm in Consumer Electronics, Hardware, Internet, Media, Mergers and Buy Outs, PC Companies, Satellite, Wireless, , , , , , , , , , , , , , ,

Despite No Growth, Has Vonage Finally Made It? (VG)

vonage-logoVonage Holdings Corporation (NYSE: VG) is seeing a surge in shares this morning after the VoIP telephony company announced a quarterly profit.  Yep, a profit.  This was a $5 million gain or $0.03 EPS on a GAAP basis.  Revenue of $224 million was flat year-over-year, and increased 1% sequentially.  Just keep in mind that its  net income was due to an item.
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Posted on: May 7, 2009 – 9:52 am in Earnings, Internet, Telecom,