EDU, JRCC, ISIS, YONG, CYCC Had Unusual Volume

We have found the following stocks had unusual volume spikes on Monday, October 15, 2012.

New Oriental Education & Technology Group (NYSE:EDU) had a 71.4% volume spike trading 10,043,500 shares. EDU’s 30-day average volume is 2,877,170. Shares closed at $17.89 +-0.33%. New Oriental Education & Technology Group Inc. is a provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

James River Coal Company (NASDAQ:JRCC) had a 79.0% volume spike trading 6,189,300 shares. JRCC’s 30-day average volume is 1,300,430. Shares closed at $4.78 +27.81%. James River Coal Company is engaged in mining, processing and selling thermal and metallurgical coal through eight active mining complexes located throughout eastern Kentucky, southern West Virginia and southern Indiana.

Isis Pharmaceuticals (NASDAQ:ISIS) had a 70.9% volume spike trading 4,312,900 shares. ISIS’s 30-day average volume is 1,253,130. Shares closed at $13.15 +5.20%. Isis Pharmaceuticals is engaged in antisense drug discovery and development, exploiting a novel drug discovery platform it created to generate a broad pipeline of first-in-class drugs.

Yongye International (NASDAQ:YONG) had a 94.2% volume spike trading 3,709,600 shares. YONG’s 30-day average volume is 213,352. Shares closed at $5.61 +17.61%. Yongye International, Inc. is engaged in the research, development and sales of fulvic acid based liquid and powder nutrient compounds for plant and animal feed used in the agriculture industry.

Cyclacel Pharmaceuticals (NASDAQ:CYCC) had a 94.7% volume spike trading 2,373,300 shares. CYCC’s 30-day average volume is 126,276. Shares closed at $6.70 +28.85%. Cyclacel Pharmaceuticals, Inc. is a development-stage biopharmaceutical company dedicated to the development and commercialization of novel, mechanism-targeted drugs to treat human cancers and other serious diseases.

Aegerion Pharmaceuticals (NASDAQ:AEGR) had a 89.0% volume spike trading 1,758,900 shares. AEGR’s 30-day average volume is 193,400. Shares closed at $17.46 +24.89%.

3X Inverse Silver ETN Velocityshares (AMEX:DSLV) had a 78.2% volume spike trading 1,439,900 shares. DSLV’s 30-day average volume is 314,095. Shares closed at $23.43 +11.57%.

Sycamore Networks (NASDAQ:SCMR) had a 74.0% volume spike trading 1,419,600 shares. SCMR’s 30-day average volume is 369,333. Shares closed at $5.57 +-62.03%. Sycamore Networks Inc. develops and markets Intelligent Bandwidth Management solutions for fixed line and mobile network operators worldwide and provides services associated with such products.

E.W. Scripps Company (NYSE:SSP) had a 75.7% volume spike trading 694,200 shares. SSP’s 30-day average volume is 168,381. Shares closed at $11.01 +1.76%. E. W. Scripps Company is a media concern company with interests in national television networks, newspaper publishing, broadcast television, interactive media and licensing and syndication.

G-X China Consumer ETF (AMEX:CHIQ) had a 94.3% volume spike trading 496,700 shares. CHIQ’s 30-day average volume is 28,257. Shares closed at $14.07 +1.81%.

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Post Written By: Alex Fredricks Alex Fredricks has a degree in business and is an avid day-trader. Alex’s experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.