8.05.2010

Aug 6

  1. Crocs (CROX:$12.58,00$0.18,001.45%) leaped higher in evening trade after reporting better-than-expected results and guidance.
    • Posted a profit of $32.3 million, or 37 cents a share, compared with a year-earlier loss of $30.3 million, or 36 cents a share. Revenue increased 15% to $228 million.
    • Projected a third-quarter profit of 22 cents to 24 cents a share on revenue of $205 million. Analysts surveyed by Thomson Reuters expected 2 cents and $148 million, respectively.
    • 12.48 to 14.17 v. true range 13.22 to 13.88 (levels that actually held).
    • Sup 13.22, 13.69 - Res 13.88.
    • Long, year earlier loss, compared to a gain this quarter and projected rev increase has me looking to Long <13.4.
  2. Blue Nile Inc. (NILE:$47.54,00$-1.70,00-3.45%) posted a surprise 1.4% drop in second-quarter profit as the online jeweler reported lower margins, which masked higher sales.
    • Profit of $2.8 million, down from $2.84 million a year earlier. On a per-share basis, earnings were flat at 19 cents.
    • Trimmed its full-year view to earnings of 94 cents to $1 a share on revenue of $ 325 million to $335 million. The prior view was at $1.01 on revenue of at least $347.5 million.
    • 49.24 to 40.30 v. TR 41.31 to 43.05
    • Sup 41.31, 41.99 - Res 42.26, 43.05.
    • Mixed with bias Long, got some support 41 area, but profit/low margins, masked higher sales.
  3. American Public Education Inc. (APEI:$42.67,00$-2.12,00-4.73%) plunged in after-hours trading as the for-profit education company said increased operations activity and recent deployments across all branches of the U.S. military are hurting its net course registrations.
    • Its guidance for the year should no longer be relied upon and issued a weak view for the current quarter.
    • The company said increased demands on many active-duty military personnel, combined with minimal Internet access for some of those being deployed, limited the ability of students to pursue their degrees. Nearly two-thirds of the company's student body came from the military in the second quarter.
    • 43.54 to 30.02 v. TR 30.58 to 31.11
    • Sup 30.58 - Res 30.82, 31.11.
    • Short, bad news brang'em down. 300k buyers @ $31, got some good sup there, just have a few unanswered question: When did minimal internet access happen? We are deploying more troops out now?
  4. Nanometrics Inc (NANO:$9.87,00$0.26,002.71%) posted better-than-expected quarterly results, helped by strong product sales, sending the chip inspection equipment maker's shares up 14 percent in extended trade.
    • $11.6 million, or 51 cents per share. This compares to net loss of $7 million, or 38 cents a share, last year.
    • Posted revenue of $50.8 million, Analysts were looking for total sales of $39.3 million, topping the previous record by more than 30%. 
    • 9.61 to 11.65 v. TR 10.7 to 11.35.
    • Sup 10.7, 11.07, 11.15 - Res 11.2, 11.3, 11.35.
    • Long, love these results, coming in the semiconductor area, which I feel is undervalued, they swung a profit, posted larger rev and broke a co record. Long off <10.7-11.07.
  5. Rosetta Stone Inc. (RST:$21.5200,$-0.2300,-1.06%) swung to a second-quarter profit, but the language- learning company gave a pessimistic outlook for the current quarter and full year.
    • The company expects adjusted basic loss of 2 cents to 9 cents a share in the third-quarter and revenue of $60 million to $64 million.
    • Analysts were expecting a third-quarter profit of 11 cents a share on a diluted basis, on revenue of $73.4 million.
    • The company cut its full-year total sales bookings expectations to $285 million to $295 million, down from its previous view of $310 million to $325 million.
    • 21.52 to 18 v. TR 19.25 to 19.74
    • Sup 19.25 - Res 19.44, 19.49, 19.74.
    • Short, swung a profit, but outlook is everything nowadays, Short 19.6area. This stock has come down the last few days pretty significantly, watch out for sup levels. Downtrender.
  6. Immersion Corporation (IMMR:$5.60,00$-0.22,00-3.78%) reports Q2 revs of $8.5 mln and EPS of $0.01, vs. the analyst consensus of $6.5 mln in revs and a loss of $0.07 per share.
    • Immersion Says Could Exceed Full Year Rev Guidance of.
    • ALERT!!!!!!!!!!! LOW, LOW LOW, VOLUME
    • But if it gets any attention could possibly be a nice upwards move.
  7. RINO International Corp (RINO:$15.21,00$1.30,009.35%) rose to $15.67 at 2:59 PM ET on August 05, 2010 in heavy volume of 1,278,700 shares.
    • For no apparent reason this stock rose other than heavy buy volume. 
    • Sup 15.10, 15.18 - Res 15.25, 15.70.
    • Short sell it, watch for it to come down. I don't know why it went up so if you do let me know.
  8. Activision Blizzard Inc. (ATVI:$11.75,00$-0.06,00-0.51%) second-quarter profit that rose 12% from the same period a year ago as sales from online channels exceeded those from retail outlets for the first time.
    • stock dropped as much as 6% in after-hours trading as the videogame publisher reported sales that fell short of Wall Street analysts' forecasts.
    • it earned $219 million, or 17 cents a share, on total revenue of $967 million, compared with a profit of $195 million, or 15 cents a share, on $1.04 billion last year. 
    • 11.80 to 10.90 v. True Range 11.03 to 10.95.
    • Mixed, stock could come down some more, but I see mid-day reversal or possible no come down at all. I'm Long biased on a long basis. Online sales show strength and they had no new video game release and almost hit 1billion dollars again.
  9. Furniture maker and retailer La-Z-Boy Inc (LZB:$8.5200,$-0.2500,-2.85%) forecast a dismal first quarter, saying it was hurt by higher input costs, supply chain disruptions and production delays, sending its shares down 5 percent after the bell.
    • Kinda low volume
    • Straight down the gutter, sound like a bunch of problems and mismanagement, Short.
  10. Hansen Natural Corp (HANS:$41.51,00$-0.20,00-0.48%) , maker of the Monster Energy drink, posted better-than-expected quarterly results helped by strong growth in international sales.
    • $63.8 million, or 69 cents a share, compared with $57.3 million or 60 cents a share.
    • customers outside the United States rose to $66.6 million from $39.4 million 
    • 44 to 41.43 v. TR 41.43 to 43.96.
    • Mixed with Short bias, on international sales, yes. Maybe broke out a little much, watch for res levels.
  11. Rubicon Technology (RBCN:$29.34,00$-1.96,00-6.26%) reports Q2 revs of $15.8 mln, vs. the Street view of $14 mln. EPS was $0.18 per share, four cents ahead of the analyst mean on Thomson Reuters.
    • 32 to 28 v. TR 28.53 to 30.
    • Sup 28.53, 28.99, 29.29 - Res 29.56, 29.72, 29.9, 30.
    • Long, up a few mil on rev 4cents ahead. kinda choppy afterhours with slight uptrend.
  12. Kraft Foods Inc. (KFT:$29.6600,$-0.0900,-0.30%) reported a 13% jump in its second-quarter profit as its new Cadbury business helped drive sales in developing markets in Asia and Latin America.
    • Revenue jumped 25% to $12.25 billion, helped significantly by the addition of Cadbury.
    • 29.58 to 31.20 v. TR 31.01 to 30.50
    • Short >31.2, might come as a shock, but I feel there have been alot of people waiting for this stock to b/o and there will be sell off out the gate reaching strong sup around 30-30.5.
  13. Emulex Corp (ELX:$9.0000,$0.1600,1.81%) posted an adjusted quarterly profit that missed estimates, hurt by a sequential fall in sales at its embedded storage products segment, and the storage-equipment maker forecast a weak first quarter, sending its shares down 5 percent in extended trade.
    •  Revenue rose 30 percent to $103.1 million v. analysts revenue of $102.2 million. 
    • They earned 16cents a share v. analysts 17cents a share.
    • Long, they barely missed EPS and beat on rev, forcast was weak, but the drop to sup 8.59, 8.65 lead to res of 8.7, 8.75, 8.8.