5.11.2010

Preview May 12

Milestone Financial Investments 
  1. ABX 45.97 - Major gains in the last two days, up from 42-3 area, I may overnight a short on this one hoping it gives up some of its gains.
  2. CRUS - 13.70 - Cramer pumped this one, big in chat room Investors Underground
  3. LVS - 24.07 - Played this one long today and short. 
  4. AUTC - 23.50 - Watch-list pricing strategy on this one, insiders bot @ 35 and it has down trended since then. Looks as if it is going to make its push back up. 
  5. WX - 18.00 - beats Q1 and guides Q2 above.
  6. DIS - 34.60 - down 3.3%; beats with Q2 results. Disney
  7. ACHN - 2.36 close, 2.75 ah's - +14.4%; reports positive Hep C treatment study data.
  8. ERTS - 18.80 close, 18.13 ah's - down 3.7%; beats with Q4 results but affirms Q1 guidance below Street.
  9. NLST - 2.65 close, 3.05 ah's - +12.5%; narrowed loss, net list. 
    • rose from 2.68 to 2.94 ah's
    • 2.94 to a high of 3.14. It settled between 2.89 and 3.09 
    • pre-market open Wednesday surrounding the 3.00 level
    • Early longs may want to watch for potential entry points between 2.80 and 2.90, levels where buy momentum was confident in tonight's first-half. More risk tolerant longs may want to test the waters closer to 3.00 as it's likely the issue starts the day near this area and perhaps tests fresh highs in the low-3s.
    • Since 2007 this stock has, everytime, continued to extend its gains from after hours.
  10. GOOG -  509.05 close, ah's range 505 @ 5:28pm - 521 - 
  11. CSCO - 25.96 - is projected to post third-quarter earnings of 39 cents a share.
  12. M - 23.90c - is forecast to report first-quarter earnings of 4 cents a share.
  13. WFMI - 39.48 - is expected to post second-quarter earnings of 34 cents a share.
  14. Winner, Winner Chicken Dinner! ZANE - 2.17 - May have continuance of its great ride today, if not, good place to short possibly.
  15. GLD - 120.65 - people seeking a safe haven, looking towards gold for that light house in the storm.
  16. SLE - 14.33 - CEO bot 18,500 shares @ 13.51.
  17. AGEN - 1.29 close, 1.50 ah's - momentum carried this today. 
  18. IGOI - 1.53 - Big deal with Wal-Mart and just recently got slim laptop charger in stores.
  19. GCI - 16.59 - JPM increased its stake by more than $300 million as it reported on Tuesday a 10.2% passive stake in the publisher.
UPSIDE MOVERS:
  • SMTX: 3.79 to 4.24
  • GOOG: 508.80 to 521.26
  • NLST: 2.58 to 3.14
  • ACHN: 2.60 to 2.89
DOWNSIDE MOVERS:
  • SPWRA: 15.90 to 14.22
  • DIS: 35.93 to 34.16
  • ERTS: 19.35 to 17.72
  • EXEL: 5.33 to 5.00