12.15.2010

Dec 16 - Thurs.

Milestone Financial Investments L.L.C.
  • NASDAQ-100 After Hours Indicator is up 1.58 or .07%.
UPSIDE MOVERS:
    1. BAC, +2.4%, 12.62 to 12.28
      • negotiating with mortgage investors
      • Buyers grew more bullish into the second-half of the evening, driving the shares north to a range of 12.53 to a high of 12.67. Evening indications would suggest BAC records a potential pre-market open Thursday near 12.55 to 12.65. Buyers were active at 12.40 to 12.50 and 12.50 to 12.57, two ranges longs may want to eye as potential near-term bottom supports. 
    2. TQNT, +2.8%, 12.27 to 11.89 
      • Selected by Samsung for 3G RF Front-End of New Galaxy Tab       
      • Buyers were heaviest at the 12.25 mark in tonight range, with a pre-market open surrounding this area, is likely. Any moves below could suffice a long play with buyers coming in around 12.1 and 11.9 in 2nite's trade.
    3. MLHR, +2.6%, 23.14 to 23.98
      • Q2 beats Wall Street view       
      • 23.6 stood as support in night trade, stock uptrended from ah's low, didn't have a ton of volume, but this range should give good key to res/sup in pre, for a long play on the issue. resistance at 24 and 24.2, could stand as a tough level to break.
    4. KND, +4.2%, 17.65 to 18.30 
      • guides for 2011 above Street view 
      • not much volume in night trade as the bid/ask spread was large. this low float could really take off tomorrow though with no near term resistance in sight. 
    DOWNSIDE MOVERS:
    1. SCLN, -8.7%, 4.02 to 3.12
      • company disclosed disappointing results from a Hepatitis C drug study
      • Buyers looked most confident off tonight's low of 3.12 up to 3.50. It's likely SCLN starts the day well above the 3.12 mark so more risk tolerant longs may want to watch for a possible floor support to form in the low- to mid-3s, perhaps in the 3.30 to 3.50 area, a range that could see lift back up near 3.60 to 3.70, based on tonight's trade. 
    2. PURE, -12.2%, 2.58 to 2.30
      • reports Q1 net loss 
      • this one didn't have alot going on ah's 2.56 saw alot of prints, I'd short this one, but only on some moves to 2.5 area.
    3. TOBC, -4.5%, 22.38 to 21.03 
      •  $44 Million Public Stock Offering
      • I always short offerings.