Mar 31, 2008

Monday, March 31, 2008

anst losing trade follow up

YouTube - st0ckman's Channel
losing trade follow up video:

Fed eyes Nordic-style nationalisation of US banks - Telegraph

By Ambrose Evans-Pritchard, International Business Editor

Last Updated: 2:58pm BST 31/03/2008

The US Federal Reserve is examining the Nordic bank nationalisations of the 1990s as a possible interim solution to the US financial crisis.

Hedge fund legends humbled by crisis

Read more of Ambrose Evans-Pritchard

The financial crisis in full


	The Fed has been criticised for its rescue of Bear Stearns, which critics say has degenerated into a taxpayer gift to rich bankers

The Fed has been criticised for its rescue of Bear Stearns, which critics say has degenerated into a taxpayer gift to rich bankers.

A senior official at one of the Scandinavian central banks told The Daily Telegraph that Fed strategists had stepped up contacts to learn how Norway, Sweden and Finland managed their traumatic crisis from 1991 to 1993, which brought the region's economy to its knees.

It is understood that Fed vice-chairman Don Kohn remains very concerned by the depth of the US crisis and is eyeing the Nordic approach for contingency options.

Scandinavia's bank rescue proved successful and is now a model for central bankers, unlike Japan's drawn-out response, where ailing banks were propped up in a half-public limbo for years.

full article
Fed eyes Nordic-style nationalisation of US banks - Telegraph

ANST - Stock Quote for Ansoft Corp - MSN Money

buy stop entered at 30.80

ANST - Stock Quote for Ansoft Corp - MSN Money

Pre Market Trading Gap News

Gapping down in reaction to weak earnings/guidance: HRT -9.6%, CGRB -8.2%, ABAT -8.1%, PLL -4.6%...

M&A news: ANSS -7.9% (signs definitive agreement to acquire Ansoft for implied value of $32.50/share)...

Other news: MO -69.5% (following spin-off of 100% of the shares of Philip Morris International), SGP -21.8% (Doubt cast on 2 drugs used to lower cholesterol - NY Times; also downgraded by ,multiple analysts), TMA -14.5% (received extension of override agreement with some repo counterparties; Deadline now Monday 3/31), MRK -11.4% (says based on the recommendation of the Steering Committee for ACHIEVE, further patient enrollment in the study has been placed on hold; also Doubt cast on 2 drugs used to lower cholesterol - NY Times), CMCSK -5.6% (still checking), IBN -4.5% (closed -7.8% in India trading), GFI -4.2% (announced Chief Executive Officer Ian Cockerill has decided to step down)...

Analyst downgrades: GU + -7.0% (downgraded to Mkt Perform at Piper Jaffray), TIBX + -5.1% (downgraded to Underperform at Jefferies), LYTS + -4.7% (downgraded to Hold at Needham), VOD + -3.7% (downgraded to Underweight at Morgan Stanley), SCUR + -3.1% (downgraded to Sell at Deutsche Bank), PEIX + -3.1% (downgraded to Underperform from Market Perform at Raymond James).

Gapping up in reaction to strong earnings/guidance: SVA +31.1%, CALM +8.4%, CDS +7.9%... M&A news: ANST +32.4% (to be acquired by ANSYS for $30.29/share in cash and stock), GILT +4.4% (to be acquired for $11.40/share in cash by an American and Israeli investment group)...

Select European financial names showing strength: UBS +2.8% (could ask for more capital at annual meeting - WSJ), BCS +1.4%, HBC +1.4%, CS +1.2%...

Other news: IACI +6.9% (judge rules for IACI in Liberty dispute), ASTI +6.2% (announces that the co has achieved its Q108 manufacturing milestone of Initial Operating Capability on its 1.5 megawatt production line), ALNY +5.5% (forms new agreement with Tekmira related to the planned Tekmira-Protiva business combination), MXWL +5.1% (modestly rebounding following Friday's 20%+decline), NE +4.3% (adds $4.0 bln in prospective rev backlog from five deepwater rigs in Brazil), SOL +3.4% (modestly rebounding following Friday's ~10% decline), EPD +2.8% (Cramer makes positive comments on MadMoney), AMAG +2.1% (Cramer makes positive comments on MadMoney), CRXL +2.0% (announces that its rabies monoclonal antibody combination has entered a Phase II clinical trial in the US), TXT +2.0% (receives $10.4 bln multi-year V-22 Osprey contract), MEDX +1.3% (announces that it will receive a milestone payment for an undisclosed amount from its licensing partner, Novo Nordisk A/S), BSX +1.1% (TAXUS Express stent shows similarly low re-intervention rates in diabetic patients compared to non-diabetics in ARRIVE 1 and 2 registries)... Analyst upgrades: IRM +3.4% (upgraded to Buy from Neutral at Merrill), OPLK +1.0% (upgraded to Neutral at Merriman), MOD +1.0% (upgraded to Neutral at Baird).
Wall St. Warrior: Pre-Market

Trade alert Anst short, gap fade

short anst around 30 - 30.20/share
this is not a recommendation for you to trade on. the trade is high risk and for information and education only.
@9:05 am est
give youtube time to upload

NYSE Arca Pre Market Trading

NYSE Arca Morning Update for Monday, Mar 31, 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)

Stock	Friday's Close	Current Price	Pct Chng	Current NYSE Arca Vol
MO	$73.80	$22.60	( 69%)	19,786
ANST	$23.42	$30.55	30%	26,000
SGP	$19.47	$14.85	( 24%)	1,616,804

10 Most Active stocks on NYSE Arca as of 08:30:00 ET

Based on Dollar Volume:

Based on Share Volume:

Stock	Dollar Volume
SPY	$65,510,665
SGP	$25,178,280
MRK	$21,076,020
QQQQ	$9,088,137
UBS	$5,581,043
AZN	$4,453,174
AAPL	$3,089,168
SKF	$2,166,142
RDS.A	$1,908,031
EWY	$1,656,115

Stock	Share Volume
SGP	1,616,804
MRK	528,786
SPY	497,913
TMA	315,124
QQQQ	207,824
UBS	196,370
AZN	119,000
GFI	47,700
CTIC	37,600
SIRI	32,000

NYSE Arca Morning Update

Pre Market Trading Gaps

Gapping up:

ANST +32.37%, BSX +15.0%, CALM +8.4%, IACI +6.9%, MXWL +5.1%, SOL +4.2%, EPD +2.8%, UBS +2.3%, AMAG +2.1%, TXT +2.0%, MEDX +1.3%...

Gapping down:

MO -69.5% (following spin-off of Philip Morris International), HRT -40.9%, SGP -19.1%, TMA -18.2%, MRK -5.6%, PLL -4.6%, VOD -3.7%, MF -2.6%, CCU -2.4%, RZ -1.8%.

Ansys to acquire Ansoft for $832 million- cash and stock

NEW YORK, March 31 (Reuters) - Engineering simulation software maker Ansys Inc (ANSS.O: Quote, Profile, Research) said on Monday that it would acquire Ansoft Corp (ANST.O: Quote, Profile, Research) for about $832 million in cash and stock to broaden its simulation capabilities.

Ansys expects the deal, which the boards of both companies have unanimously approved, to modestly boost its earnings in the first full year of combined operations.

The deals calls for the exchange of each Ansoft share for $16.25 in cash and 0.431882 common shares of Ansys. That implies a purchase price of $32.50 per share, the companies said in a statement.

Shares of Ansoft closed at $23.42 in Friday Nasdaq trade.

UPDATE 1-Ansys to acquire Ansoft for $832 million | Markets | Markets News | Reuters