Miles J. Stoner, @StockHollywood

Dallas, Texas

8.16.2010

Aug 17

Milestone Financial Investments LLC - "Intra-Day Scalping"
  • Nasdaq-100 After-Hours Indicator Up 0.23 at 1,821.74   
  • Stocks end little changed Monday after a four-session skid; the S&P and the Nasdaq snap that streak with barely positive finishes, while the DJIA ends just in the red. Oil futures closed at a five-week low and benchmark 10-year Treasury yields hit 2.59%, a March 2009 low.
  • U.S. prosecutors on Monday recommended a six-month prison term for Robert Moffat, a former IBM executive who pleaded guilty in the Galleon hedge fund insider trading probe.
  • In late July, Citigroup (C:...) agreed to pay $75 million to settle SEC's complaints that it failed to disclose $40 billion in subprime exposure. Last month, the SEC sued Citigroup (C:...) , alleging the bank understated its exposure to subprime assets in 2007 by nearly $40 billion. The SEC alleges the bank misled investors during conference calls when it stated its subprime exposure was $13 billion when it was really over $50 billion.
    • A Judge refused to sign off on this deal, stating that there wasn't enough information to sign off on the deal.
  1. Billionaire activist investor Carl Icahn on Monday said he has added energy companies NRG Energy Inc (NRG:$21.8601,$-0.0999,-0.45%) and Anadarko Petroleum Corp (APC:$51.99,00$-0.3800,-0.73%) to his portfolio, and sold off most of his remaining shares of video retailer Blockbuster Inc.
    •  I threw these on here for swing traders that are looking for a longer play, considering that everything is depressed, this maybe a good time to get a long position.
    • 21.77-23.26, long
  2. Fiserv (FISV:$50.07,00$0.88,001.79%) is holding an upside range of 50.08 to a high of 51.69 in after-hours trade following a Dow Jones Newswire report that Warren Buffett'sBerkshire Hathaway disclosed a 4.4 million share stake in the company.
    •  2.2% gain ah's
    • 48.76,50.07-50.97, 51.47, short
  3. Agilent Technologies (A:$27.1600,$-0.1900,-0.69%) advanced in after-hours trade after beating earnings expectations and setting its guidance above the Street view.
    •  2.7% ah's
    • 27.14, 27.79-28.61, 28.95, 29.64, mixed
  4. Urban Outfitters (URBN:$31.36,00$0.46,001.49%) firmed higher in evening trade on the back of better-than-expected Q2 results.
    •  3.3%
    • 30.76, 31.2, 31.8, 32.3-32.8, 33.2, 33.7, long upward biased
  5. Berkshire Hathaway increased its stake in drug company Johnson & Johnson (JNJ:$58.0100,$-0.1400,-0.24%) during Q2, according to a regulatory filing late Monday. Berkshire held 41.3 million shares of JNJ at the end of June. That compares to holdings of 23.9 million shares of the drug company at the end of March, according to a filing earlier in May of this year.
    •  
  6. Pacific Ethanol (PEIX:$0.52,00$0.01,001.96%) reports Q2 sales were up 9% to $76.8 mln. Net income was $1.43 per share, up from a year ago loss of $0.49 per share.
    • .58-.60, long potential, light volume.
  7. Teekay Offshore Partners LP (TOO:$23.1900,$0.4800,2.11%) To Offer 5 Million Units, Shares Fall. 
    • -4.1% ah's
    • 22.05-22.13-22.24, upside bounce
  8. Fluor Corp. (FLR:$45.9000,$-0.1800,-0.39%) said late Monday its Ameco unit will form a joint venture with United Rentals Inc. (URI:$12.2600,$0.2300,1.91%) to offer plant maintenance services.
    • "The combined resources of the two companies will provide a seamless, one-stop shop for oil and gas customers at their project sites throughout the Gulf Coast region," said Gary Bernardez, president of Ameco.
    • FLR .02% ah's, 45.7-46.66, down trending
    • URI flat, 11.74-12.33, up-trend
  9. Mannkind (MNKD:$6.82, down to 6.3 after hours) declined in after-hours trade after announcing a dual planned offerings of $100 million in senior convertible notes due 2015 and eight million shares of stock.
    • -8.4%, this is my favorite play for tomorrow.
    • downtrend 6.17-6.35, long biased, but its downtrending.
  10. Hallmark Financial Services (HALL:$9.48,00$0.19,002.05%) reports Q2 net earnings of $0.29 versus Street view of $0.22. Revenues of $75.7 million for the second quarter were higher than the Street's estimate of $75.09 million.
    • Beats Q2 EPS, Revenue Estimates - Shares Flat in After-Hours Session    
    • Light volume
    • 8.91, 9.09-9.36, 9.55, just watch, low volume could see upside, but mixed on this direction. 
  11. EDiets (DIET:$0.69) Shy on Q2 EPS, Revenues, Inks License Deal with NBC Universal 
    • Watch out very low low volume on this one, but if enough people have faith in it could see major upside potential, otherwise, it will be up a ton, but have no volume to trade. 
    • 2.9% ah's
    • low vol, low vol, low vol, no vol basically!!!!!!!!
  12. Cardtronics, Inc. (CATM:$14.76,00$0.38,002.64%) to Sell 7 Mln Shares in Offering - Down 2.5% in Evening Trade.
    • Could be a good short tomorrow. 
    • 14.09, 14.45-14.85, 15, short potential.
  13. EMCORE (EMKR:$0.93,00$0.00,000.00%) Down 3% in After-Hours, Sets Q4 Revenue Guidance.
    • -3.2% ah's.
    • Another one with very low volume, only traded 100k shares or $100k.
  14. Chicago Board Options Exchange, owned by CBOE Holdings Inc (CBOE:$22.79,00$-0.21,00-0.91%) , and Nasdaq OMX Group Inc's (NDAQ:$20.15,00$0.21,001.05%) PHLX exchange.
      •  NDAQ has been mimicking the dow, good cheap follower.
I am overnight UCO as of today.