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PennyOmega.com Stock Report! 8/05/09, CHK, MRK, SGP, ANX, SF, CEG
Penny Omega (August 5th, 2009) Writes:
PennyOmega.com Stock Report!
PennyOmega.com Hot Stock News & Alerts!
Wednesday August 5, 2009
PennyOmega.com Stock Report!
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Options traders made a mad dash for Chesapeake Energy Corporation (NYSE: CHK) calls on Tuesday, after the firm reported a stronger-than-expected second-quarter profit. According to data from WhatsTrading.com, the natural gas concern saw almost 33,500 calls cross the tape, more than doubling its average single-session volume of fewer than 13,900 contracts. Most popular was the August 23 call, which saw roughly 12,400 contracts change hands.
Seeger Weiss LLP announced today a $41.5 million settlement with Merck & Co., Inc. (NYSE:MRK) and Schering-Plough Corporation (NYSE:SGP) resolving nationwide fraud claims arising out of the sale and marketing of the companies’ co-ventured prescription
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