Peabody Energy Corporation (BTU), Best Buy Co., Inc. (BBY), Amarin Corporation plc (ADR) (AMRN): What Are The Traders Talking About?

Related Tickers: Peabody Energy Corporation (NYSE:BTU), Best Buy Co., Inc. (NYSE:BBY), Bill Barrett Corporation (NYSE:BBG), Amarin Corporation plc (ADR) (NASDAQ:AMRN), Elan Corporation, plc (ADR) (NYSE:ELN), Omthera Pharmaceuticals Inc (NASDAQ:OMTH), AstraZeneca plc (ADR) (NYSE:AZN)

Stocktwits.com has become a key source for trader sentiment, whether bullish or bearish, for stocks, futures, ETFs and other securities. We will now take a quick look at the four most ‘twitted’ about stocks on the Stocktwits site this Thursday. As of writing these are: Peabody Energy Corporation (NYSE:BTU) , Amarin Corporation plc (ADR) (NASDAQ:AMRN), Bill Barrett Corporation (NYSE:BBG), Best Buy Co., Inc. (NYSE:BBY)

The top four on Stocktwits

Peabody Energy Corporation (NYSE:BTU) is the top trending stock on stocktwits.com. The coal company seems to be rallying on rumours that activist investor Carl Icahn may get involved in the company. Many analysts also note favourably the company’s innovative ‘clean coal’ technologies in the rapidly growing Chinese market. The stock is currently up 5.4% since yesterday’s close, to trade at $21.06.

Next up is the drug manufacturer Amarin Corporation plc (ADR) (NASDAQ:AMRN). The stock is trading at $7.02, an 8.51% rise. The rally seems to be a response to comment of Elan Corporation, plc (ADR) (NYSE:ELN) Chairman Robert Ingram that Elan Corporation, plc (ADR) (NYSE:ELN) may be interested in acquiring Amarin Corporation plc (ADR) (NASDAQ:AMRN). A few days ago, the company sold off on the news of a planned acquisition of competitor Omthera Pharmaceuticals Inc (NASDAQ:OMTH) by AstraZeneca plc (ADR) (NYSE:AZN) for $12.70 a share.

Another highly twitted about stock is oil and natural gas player Bill Barrett Corporation (NYSE:BBG).  Chatter on the stream suggests that the interest is due to a large ‘smart money’ buy at the close yesterday. The stock is trading at $23.26, just 4 cents short of the close yesterday.

Finally, we will take a quick look at retailer Best Buy Co., Inc. (NYSE:BBY), also much discussed today. Many traders are bearish on the company, considering it overbought at $27.66, although it should be noted that the company has been in substantial uptrend since the beginning of the year, and is trading near its 52-week high. Helping the bearish case was disappointing earnings disclosed last week; the Company reported a loss of $81 million, or 24 cents a share, for the fiscal 2014 first quarter, compared with a profit of $158 million, or 46 cents a share, a year ago.

Disclosure: none