Investing

Top Day Trader Alerts (ARMH, APWR, ALKS, APC, BP, JASO, LULU)

There are many big movers today in the day trader and active trader alerts.  Stocks on the move are ARM Holdings plc (NASDAQ: ARMH), A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR), Alkermes, Inc. (NASDAQ: ALKS), Anadarko Petroleum Corporation (NYSE: APC), BP plc (NYSE: BP), JA Solar Holdings Co., Ltd. (NASDAQ: JASO), and Lululemon Athletica Inc. (NASDAQ: LULU).  We have provided the news or reason for the move along with the move and added color or background data where applicable.

ARM Holdings plc (NASDAQ: ARMH) is soaring on speculation that Apple may make a bid on the company.  Be advised that there have been rumors on this one before, so this is not a totally new rumor.  The ADRs are indicated up over 13% at $13.29 on 175,000 shares.

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) reported that its net income soared on one-time gains and it also lifted its forward guidance from operations.  Shares are trading up over 10% at $8.14 on over 30,000 shares.

Alkermes, Inc. (NASDAQ: ALKS) saw some very unusual options trading activity yesterday ahead of two investor presentations this week and an FDA review later this year.  No share volume has been seen so far this morning, so this may have just been a single bet.

Anadarko Petroleum Corporation (NYSE: APC) is trading up over 6% at $37.15 this morning on almost 500,000 shares.  This follows unusual options trading yesterday coupled with yesterday’s huge $8.00 loss to a $34.83 close to a 52-week low.

BP plc (NYSE: BP) is trading up after it said that it sees no justification for yesterday’s 16% drop in its ADRs.  There were options trades down in the $7.50 to $15.00 Strike price put  options with the June month expiration, bets for a bankruptcy or some further massive implosion.  Shares are trading up 9.4% at $31.96 on well over 7 million shares so far.

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) is trading up after it signed a deal with Energy research Centre of the Netherlands where the two will join efforts to introduce high efficiency photovoltaic modules.  JASO shares are trading up 3% at $4.38 on over 20,000 shares.

Lululemon Athletica Inc. (NASDAQ: LULU) is up marginally after it beat its Q1 earnings estimates with $0.27 EPS vs. $0.21 expected from Thomson Reuters and revenues rose almost 70% to $138.3 million versus expectations of $128.2 million.  Shares are up 0.6% at $39.33 on only about 12,000 shares.

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JON C. OGG

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