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Calls Purchased on Eldorado Gold Corporation
Thursday, June 9, 2011 - 9:16am | 113Shares of Eldorado Gold Corporation (NYSE: EGO) are higher on the session by 1.95%, currently trading at $14.34. The stock has been moving largely lower over the past six months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name...
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Benzinga's Top Pre-Market NASDAQ Gainers
Thursday, June 9, 2011 - 7:14am | 160Titan Machinery Inc (NASDAQ: TITN) shares advanced 8.49% to $29.40 in the pre-market session. TITN reported upbeat first quarter results and lifted projections for the full year. Magic Software Enterprises Ltd (NASDAQ: MGIC) shares advanced 1.58% to $4.50 in the pre-market session. New Reclamation...
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Benzinga's Top ETF Decliners, June 8th (SOXL, URA, NUGT, TAN)
Wednesday, June 8, 2011 - 5:41pm | 231Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) traded lower on Wednesday, along with the semiconductor stocks. SOXL fell 6.00%, while Applied Materials, Inc. (NASDAQ: AMAT) dropped 2.30%, and Texas Instruments Incorporated (NYSE: TXN) lost 1.80%. Global X Uranium ETF (NYSE: URA) fell 4....
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The Job Market: Far Worse Than It Appears
Wednesday, June 8, 2011 - 6:35am | 1124The raw numbers are downright scary. ____________________ Note: This column went up at Pajamas Media and was teased here at BizzyBlog on Monday. _____________________ The familiar items in the government's Employment Situation Summary on Friday were bad enough: The unemployment rate increased for...
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Options Brief: AngloGold Ashanti Limited
Tuesday, June 7, 2011 - 9:21am | 77Shares of AngloGold Ashanti Limited (NYSE: AU) are higher on the session by 1.90%, trading at $44.56. Overall put volume is now running at 2.17x the daily average, with 3% of all puts traded being purchases on the offer. 1,347 contracts have traded on the session so far. AngloGold Ashanti...
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Barrick Offer for Equinox-Additional Shares Acquired
Tuesday, June 7, 2011 - 7:57am | 155Barrick Gold Corporation (NYSE: ABX) announced today that an additional 24,515,589 common shares of Equinox Minerals Limited representing approximately 3% of the outstanding Equinox Shares on a fully diluted basis have been taken up under the offer by the Offeror to acquire all of the Equinox...
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Crystallex to Trade on OTCQB; New Trading Symbol CRYXF effective Tuesday, June 7, 2011
Monday, June 6, 2011 - 3:55pm | 99Crystallex International Corporation (NYSE: KRY) today announced that trading of the Company's common stock will be suspended on the NYSE Amex exchange effective at the close of business on June 6, 2011, subject to the Company's appeal to remain listed on the Exchange. (Please refer to the Company'...
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Sino-Forest Spiking over 50% Higher after Company Releases Supporting Evidence Against Allegations From Short Seller
Monday, June 6, 2011 - 10:04am | 216Sino-Forest Corporation (TSX: TRE) (OTC: SNOFF) today provided further response to allegations by short seller, Muddy Waters, LLC. The Company believes Muddy Waters' report to be inaccurate, spurious and defamatory. Muddy Waters' self-interest is transparent: to make money from the fall in Sino-...
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Sino-forest Releases Supporting Evidence Against Allegations From Short Seller
Monday, June 6, 2011 - 6:06am | 1130Sino-Forest Corporation (TSX: TRE) (OTC: SNOFF) today provided further response to allegations by short seller, Muddy Waters, LLC. The Company believes Muddy Waters' report to be inaccurate, spurious and defamatory. Muddy Waters' self-interest is transparent: to make money from the fall in Sino-...
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And Cats Like Dogs Today... 06-03-2011
Friday, June 3, 2011 - 5:09pm | 963Cusick's Corner The market just did not have the comeback power of the Mavericks and why should it? The latest labor stats cannot be blindly cast aside even though there's potential for more stimuli on the forefront. What confused some traders was that the VIX actually pulled back. But to event...
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Options Brief: Eldorado Gold Corporation
Friday, June 3, 2011 - 12:13pm | 70Shares of Eldorado Gold Corporation (NYSE: EGO) are lower on the session by 2.09%, trading at $14.99. Overall call volume is now running at 4.20x the daily average, with 76% of all calls traded being purchases on the offer. 8,681 contracts have traded on the session so far. Eldorado Gold...
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Options Brief: Jaguar Mining Inc.
Friday, June 3, 2011 - 10:48am | 95Shares of Jaguar Mining Inc. (NYSE: JAG) are lower on the session by 0.99%, trading at $4.98. Overall put volume is now running at 5.17x the daily average, with 64% of all puts traded being purchases on the offer. 1,588 contracts have traded on the session so far. Jaguar Mining Inc. engaged in...
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How Bad Is It? Absolutely Awful, and Far Worse Than BLS's Seasonally Adjusted Numbers are Telling Us (UPDATES: Fantasy-Based and Reality-Based Reactions)
Friday, June 3, 2011 - 10:35am | 990Today's Employment Situation Summary is so much worse than it appears from the seasonally adjusted (SA) numbers that everyone will report that I need to dedicate a post to how horrid the not seasonally adjusted (NSA) numbers (i.e., the ones that reflect what's actually happening on the ground)...
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Benzinga's Top Pre-Market NASDAQ Losers
Friday, June 3, 2011 - 7:17am | 115Orexigen Therapeutics Inc (NASDAQ: OREX) dipped 26.73% to $2.33 in the pre-market session. Orexigen put the further development of its obesity drug candidate Contrave on hold. ARM Holdings plc (NASDAQ: ARMH) dropped 1.47% to $28.06 in the pre-market trading. ARMH's PEG ratio is 3.04. Randgold...
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Mad Money Lightning Round: Cramer Likes Qualcomm, Goldcorp
Thursday, June 2, 2011 - 11:37pm | 207On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Qualcomm (NASDAQ: QCOM) is “4G and 4G is on fire. I want to own them." Cramer likes Goldcorp (NYSE: GG). He advises investors to buy the stock. He said that he “likes Vale (NYSE: VALE) very much, but they replaced the CEO and...