Miles J. Stoner, @StockHollywood

Dallas, Texas

11.09.2011

Nov 10 - Wed. "Dissapointment"

PEGA - down after missing eps 9cents, and 15mil revenue. short early around 32 level, looking to reverse trends and try a long, 30 stood as support in ah's.


 GMCR - missed eps by 1cent, but you got a famous short seller questioning the company and revenue was down 50million. I'm gona be short early and look to reverse at some point, this one feels like a big washout early though, the 45 area good place to short start, prolly goes sub 40's at some point.


 CSCO - long bias 18 and 18.30, a potential near-term base support that could see lift back into the mid-18s. I still kinda like the short on this one despite beating Q1 expectations and setting its Q2 earnings view in-line to above the Street consensus. Will look for a solid push towards 18.5's or 19's for that.


 NILE - 32.5 support, missed eps and forecast was gray, looking long on gear into a washout, will buy that washout and possible swing it. Lota support at 30


 KITD - short bias on strong am move. I will add small until I get some room to hit it, then tight stop.


 VRTX - wouldnt' normally be playing this one, but the nice sideways action has me thinking long. look for perks off support to take long, a move over 31 and a quarter or so and you will see uptrend.