MATR: Summary for MATRIA HEALTHCARE - Yahoo! Finance
another correct call for the st0ckman. 2-3 point winner whether you got out mid day or not. check out my pre market and midday posts on this gap trade.
MarketWatch.com - Pre-Market Indications
Monday, January 28, 2008
MATR: Summary for MATRIA HEALTHCARE - Yahoo! Finance
WASHINGTON, DC, October 5, 2007 (LifeSiteNews.com) - Judicial Watch, the public interest group that investigates and prosecutes government corruption, yesterday released new documents obtained from the U.S. Food and Drug Administration (FDA) under the provisions of the Freedom of Information Act, detailing a total of as many as eleven deaths related to Merck's HPV vaccine Gardasil. Those deaths resulted between June 8, 2006 - when the vaccine received approval from the U.S. Food and Drug Administration (FDA) - and August 2007 when the latest data was available.
The adverse reports coming from the HPV vaccine are increasing daily at an alarming rate. A LifeSiteNews.com report which scanned a publicly available database of adverse affects coming from the HPV vaccine found 3,137 adverse effects reported on September 28, 2007. Today the U.S. Government's Vaccine Adverse Event Reporting System (VAERS) lists 3,779 adverse effects. 52 of the cases were deemed "life threatening" and 119 required hospitalization.
In one case highlighted by Judicial Watch a 17 year old girl who was vaccinated in June 2007 died the very day she was vaccinated. According to the report, she "was vaccinated with a first dose of Gardasil…During the evening of the same day, the patient was found unconscious (lifeless) by the mother. Resuscitation was performed by the emergency physician but was unsuccessful. The patient subsequently died."
New Jesuit general
New Jesuit general meets with Pontiff
Rome, Jan. 28, 2008 (CWNews.com) - Father Adolfo Nicolas, the newly elected superior general of the Society of Jesus, met with Pope Benedict XVI (bio - news) in a private audience on Saturday, January 26.
Jesuit officials released a statement after the meeting saying that the conversation between Father Nicolas and the Pope had been "warm and friendly." The Vatican issued no official statement about the meeting, other than a brief mention that it had taken place.
The Jesuits' statement indicated that Father Nicolas had used the meeting as an opportunity to "reaffirm his personal respect for the Vicar of Christ as well as the esteem of the whole Society of Jesus." The new superior general, following a Jesuit tradition, renewed his vows in the Pope's presence.
According to the statement from Jesuit superiors, Pope Benedict said that he was pleased to know that the general congregation of the order, which continues its meeting in Rome this week, will reflect on the message that the Pontiff sent to the participants as the general congregation began. In that message the Holy Father urged the general congregation to "reaffirm, in the spirit of St. Ignatius, its own total adhesion to Catholic doctrine, in particular on those neuralgic points which today are strongly attacked by secular culture."
ABOUT 100 Societe Generale shareholders have filed suit for insider trading and manipulating share prices after the French bank revealed multi-billion-euro losses, a lawyer said overnight.
The suit targets a member of the bank's supervisory board who sold shares worth €85.7 million ($143.91 million) on January 9 and "any other person who directly or indirectly profited from insider information", said lawyer Frederik-Karel Canoy.
The financial market regulator, the AMF, said the sale had been carried out by Robert A Day, a member of the board since 2002, at a price of €95.27 ($159.98) per share.
It said that two foundations "linked" to Mr Day, the Robert A Day Foundation and the Kelly Day Foundation, had sold shares on January 10 in the respective amounts of €8.63 million ($14.49 million) and €959,066 ($1.61 million).
The trader was left devastated by the sudden death of his father Charles a year ago and then, while still grieving, his wife of two years walked out on him.
The double heartbreak sparked the beginning of a chain of events which allegedly culminated in the world's largest ever fraud, with monumental losses of £3.6billion for France's second largest bank Societe Generale.
Jerome Kerviel charged over $7.96b loss at Societe Generale | Herald Sun
The trader turned himself in to police on Saturday to answer accusations from the bank that he falsified documents and gained unauthorised computer access to circumvent risk-management controls.
Mr Kerviel's lawyers yesterday accused the bank of turning him into a scapegoat and trying to "create a smokescreen" to cover up wider losses from the US subprime mortgage crisis.
They argue Societe Generale brought the losses on itself by hastily selling off Mr Kerviel's positions last week after discovering his trades and hedges on share futures.
Mr Kerviel had held positions worth about 50 billion euro ($A83.96 billion) when he was caught - well in excess of the bank's market value of 35.9 billion euro ($A60.29 billion) and its shareholder funds.
Within days, Societe Generale moved to unwind his deals, incurring losses of 4.9 billion euro ($A8.23 billion).
Real-time Charts: Investor - MSN Money
short sellers trap? one last low before a run up / short squeeze? one last low to fill long sell stop orders? this will be interesting to see it play out. time 207 pm est -st0ckman
excellent coverage from kevin over at cryptogon about jerome kerviel's bogus rogue trader status. more like rogue scapegoat.
"ignoring the real positions!?
If the people behind this had bombed the bank’s headquarters into a pile of rubble and killed all the executives, they would have done far less damage than what was accomplished with this hack. Or, this is a smoke screen being used to try to hide even more unthinkable financial horrors.
The piece also says that Kerviel, “misappropriated other people’s computer access codes.”
Two factor authentication has been standard in the finance industry for years. Simply: Two different authentication methods are required for access to critical systems. Access is only granted when a user supplies his or her credentials (username and password) ALONG WITH some other security token, usually a cryptographic security token that is displayed on a small device. (Biometrics are an option for the other factor.) The cryptographic signature changes every several seconds. It is synced with the server that is providing authentication. The token is usable only once, and within a very narrow time window.
In other words, when they’re saying that Kerviel, “misappropriated other people’s computer access codes,” did he go around and ask to borrow their one-time-pass cryptographic token generators, as well as their usernames and passwords?
I really don’t know what this situation at Societe Generale represents, but I can tell that it’s not the work of one man.
-as i stated last week, there is more than meets the eye here -st0ckman
MATR - Stock Quote for Matria Healthcare Inc - MSN Money
MATR quote - Time of last sale: 1:22:36 PM Eastern
|31.78 +1.09 +3.55%|
|Day's Low||31.37||Ask Size||400|
|Volume||2.60 Mil||52 Week Range||20.62-32|
getting uncomfortable as around 1130 am est the stocks are no longer trading in tandem. very unusual for this trade. with matr at the days lows and ima approaching its opening price, shorts should be very careful here. this could be the bottom of matr. time is 125 pm est. -st0ckman
|32.49 +1.80 +5.87%|
|Day's Low||31.37||Ask Size||100|
|Volume||1.97 Mil||52 Week Range||20.62-32.49|
-consider taking profits or lightening up your shorts here. again many things go into a trade. contact a professional before trading- st0ckman
Matria Healthcare Inc (MATR)34.00 +3.31 +10.79%
Open: 35.45 High: 35.50 Low: 33.74
Previous Close: 30.69 Volume: 1,167,076
trading in tandem as predicted. look for new lows on both to short or add to a short after you check with your broker or financial advisor. -st0ckman
YouTube - st0ckman's Channel
we have one of the best opportunities today in the stock markets, a gap up on a stock deal. the corruption in this trade is one of the oldest tricks in the book. the market makers(whole salers of stock or stock dealers) gap up the stock on news. the dealers are selling the stock to you as a naked short. this means they are selling you stock from inventory that they do not have. what does this mean? after the dealers fill the open buy orders thay are essentially short the stock and they have to buy it back normally before the close of the same trading day. this is why most(not all) gap ups come back down after the trading day ensues. what makes this a great opportunity is matr is being bought by ima. the two stocks will trade in tandem with each other shortly after the market opens. ***THIS IS NOT AN A RECOMMENDATION TO TRADE AT THIS TIME. MANY THINGS CAN CHANGE BETWEEN NOW AND THE OPEN IN 5 MINUTES./ CHECK WITH YOUR BROKER BEFORE TRADING***. if you were to short matr keep an eye on ima. look for a trade below the opening price 10 - 15 minutes after the market. if you are short look for both stocks to move up together as a verification to get out. these types of trades are always my favorite types of trades in the market. remember the dealers are short your matr from the open. ***this is more for exposure to corruption in the market, education that a reccomendation.
NYSE Arca Morning Update for Monday, Jan 28, 2008 :
Stocks trading on NYSE Arca at a price more than 15% away from the previous trade day's consolidated close price. (As of 08:30:00 ET)
|Friday's Close||Current Price||Pct Chng||Current NYSE Arca Vol|
10 Most Active stocks on NYSE Arca as of 08:30:00 ET
|Based on Dollar Volume:||Based on Share Volume:|
Societe Generale 'rogue' trader did no wrong - his lawyers - News - CNBC.com
PARIS Thomson Financial - Lawyers for Jerome Kerviel, the trader accused by Societe Generale of massive fraud, said he had "committed no dishonest act, did not siphon off a single cent, and did not profit in any way".
Elisabeth Meyer and Christian Charriere-Bournazel also accused the bank of trying to "create a smokescreen which would divert public attention from losses that were significantly more substantial than those it accumulated in recent months," notably in the midst of the US subprime mortgage crisis.
They went on to accuse Societe Generale of having liquidated with needless haste the positions -- said by the bank to be in the vicinity of 50 bln eur -- that Kerviel had taken.
Shares of Alliance Data (ADS) are trading off 42% before the open. The Blackstone Group (BX) and Aladdin Solutions have informed Alliance Data that they do not anticipate the condition to closing the merger relating to obtaining approvals from the Office of the Comptroller of the Currency (OCC) will be satisfied.
ADS looks ready to put up a fight. It said it "strongly disagrees with Blackstone's stated assertions that (i) the OCC's most recent written proposal to Blackstone's counsel embodied the OCC's "final position" with respect to the terms on which the required approvals would be granted and (ii) the OCC is "demanding that extraordinary measures be taken by ADS and various Blackstone entities in connection with the Change in Control Notice" that "represent operational and financial burdens on ADS, Blackstone and it affiliates that cannot be reasonably assumed." Moreover, the Company believes that Blackstone has the ability to cause the condition to closing cited in Blackstone's letter to be satisfied.
According to the company, Blackstone's notice did not assert any breach of the merger agreement by Alliance Data or the occurrence or anticipated occurrence of any material adverse effect.
It looks like a nice, big lawsuit.
Alliance Data Systems (ADS) was informed by Blackstone that conditions likely won't be satisfied to complete the merger; stock trading down close to 40%.
American Express (AXP) reports earnings today with estimates at $0.71 EPS.
Biogen Idec (BIIB) said that Carl Icahn has given notice that he wants to nominate 3 directors to the board.
Black & Decker (BDK) $1.06 EPS vs. $1.03 estimate; lowered guidance for 2008 to $5.40 to 5.90 vs. $6.10+ estimates.
Bluelinx (BXC) now sees wider losses than expected.
Corning (GLW) $0.40 EPS vs. $0.39 estimate; Revenue $1.58B vs. $1.55B est.
eBay (EBAY) announced that PayPal has agreed to acquire Fraud Sciences Ltd. in Israeli for roughly $169 million.
FPL Group (FPL) $0.71 EPS vs. $0.67 estimates.
Halliburton (HAL) $0.74 EPS vs. $0.69 estimates.
Matria Healthcare (MATR) is being acquired by Inverness Medical (IMA) for $39.00 per share, with a breakdown of $6.50 per share in cash and $32.50 per share in convertible preferred stock.
McDonalds (MCD) set to report earnings, estimate $0.71.
Napster (NAPS) announced the launch of the Napster Mobile music service with Ericsson phones at Telecom Italia through its mobile brand TIM.
Sallie Mae (SLM) received commitments for $31 Billion from a consortium of banks led by Bank of America, JPMorgan Chase, Barclays Capital, Deutsche Bank, Credit Suisse, and The Royal Bank of Scotland, and from UBS; new financing will replace the $30 billion interim financing put in place; will drop suit related to past failed merger.
Sears Holdings (SHLD) Aylwin Lewis is stepping down as CEO of Sears.
Stanley Works (SWK) $1.11 EPS vs. $1.10 estimate; reaffirmed 2008 EPS at $4.20 to $4.40 versus $4.37 estimate.
Superior Offshore (DEEP) announced E. Donald Terry will be Interim President/CEO effectively immediately.
Synta (SNTA) and GlaxoSmithKline (GSK) announced elesclomol for metastatic melanoma was granted orphan drug designation by FDA; SNTA trading up 17%.
Ultralife Batteries (ULBI) received $4.4 million in military battery orders from the U.S. Defense Department.
Verizon (VZ) $0.62 EPS vs $0.62 estimate; added 2 million total net wireless customers; now has over 1 million FiOS TV customers.