Miles J. Stoner, @StockHollywood

Dallas, Texas

5.15.2012

May 16 - Wed. "Hindsight Genius"

MAKO - nice move off support today 21.4, could be trend reversal for a few days, accumulate <22 and stop out at 21.25 area.
GRPN - e/r beat and we couldn't hold most of todays and yesterdays gains, was up too much imo, 12.05 is good support so if we overshoot that area and get lower look long. Bears still tryna kill it though, FB ipo friday.
ANR - I took this long for a swing, coal stocks getting killed, this company is one of those that I like. 12.37 was all time lows, and we ripped lower 11.8 bounce and finished just higher. Looking for some releif back up towards 13, this mkt is fearful and weak right now though keep a stop.
GLUU - fast money pump today, I love the games on the phone! this "social gaming play" has really wanted to pop through 5 and hold for a while now, will it happen soon? you be the judge.
JCP - Reports Q1 loss of $0.25 per share. The Street view was a loss of $0.11 per share. Sales were $3.15 bln, below expectations of $3.41 bln. This company is fucked imo, buncha idiots running it, plus I live in Plano where there headquartered at so if my short don't work out I can always hire some thugs to shoot the place up, booyah! Cramer!! j/k.
SINA - Reports Q1 net loss of $14.0 mln or $0.21 EPS on revenues were $101.5 mln. Analysts' consensus estimates for the current reporting period called for a loss of $0.23 on revenues of $102.56 mln. From 51 to spiking over 57 ah's, 56 has some resistance I expect a pull below initially then we may see this run higher, just make sure you on the right side of this trade, thing can make or break you. Even though they were at a loss, it was slightly less of a loss, this is still a reason to short the parabolic.

WEDNESDAY, May 16
Extended-Hours Earnings: ANF, ABMD, ANW, BRC, CPSL, CTRN, CPWM, CTRP, DE, HOTT, JACK, KONG, LTD, NTES, RRGB, SPTN, TGT, TSTF, UTSI, VVTV, WSTL.
Economic Data: 7 a.m. Mortgage Index; 8:30 a.m. Housing Starts; Building Permits; 9:15 a.m. Industrial Production/Capacity Utilization; 10:30 am. Crude Inventories; 2 p.m. FOMC Minutes.
THURSDAY, May 17
Extended-Hours Earnings: AAP, ARO, ALKS, ARUN, AMAT, ADSK, BONT, BRCD, CATO, PLCE, CSC, COSI, CCSC, DLTR, DANG, LONG, GPS, GIGM, GSOL, INTU, MRVL, NM, NWY, PSUN, PERY, QSII, ROST, CRM, SCVL, SSI, SMRT, SSI, TK, TOO, TNK, BKE, VSAT, WMT, ZUMZ.
Economic Data: 8:30 a.m. Initial Claims; 10 a.m. Philadelphia Fed; Leading Indicators.
FRIDAY, May 18
Extended-Hours Earnings: ANN, BWS, IMOS, DCI, FL, HIBB, KIRK.
Economic Data: None.