Miles J. Stoner, @StockHollywood

Dallas, Texas

9.03.2012

Sept 4 - Tues. "The Nack"

NTE - was bearish for so long, finally gave in, they have a great story behind this one, prolly needs to really just rip up for eternity, have seen hardly any selling off in this one, probably won't, just perks followed by sideways action. We'll see.

DDMG - getting abosolutely killed, I guess the CEO got a loan from the largest shareholder and purchased all stock at 7-9/share. So not only is the stock at 2, but the CEO doubled up and the other large shareholders are getting killed. This company does do some pretty big biz, but I can't get their investor relations debt to call me back so having a tough time figuring out specifics. Keeping eye on it for a possible bounce.

WHX - prolly need some more sideways action, but keep a distant eye on this for long, not too sure the news behind it, but as we go I'll look into it more, doesn't need close watch. Of course, if no support comes it at that 8ish spot then it'll be a short, then let it show you a bottom.
 

ZN - watching this three and a quarter spot for a short potentially. If it goes higher tomorrow, many will be eying.

FLSR - keeping my eye on this for a long play.
HZNP - possible continued bounce on this dead cat, many say it has no reason being up here, its a near worthless stock, but for a trade long. I actually don't like the long though, more so watch for the run to get some puts (options).
CHTP - love the long base here for a long trade. Could be a multi day runner if it catches momentum.

Don't kid yourself, coal and coal stocks (ANR, JRCC, etc.) are here to stay!
SRPT - if you look on the 5 year, not here, you'll see that this 16.5 spot has had trouble, it shooting stars to it then pulls.
ZLC  - I'm still liking the long here, I think we have funds buying this, remember LIZ, similar feel and chart here. I'd still be buying pulls until it tops out. 5 year chart looks like higher, says 6.3 - 7 is res.

*thats all have a good week, either you have the nack or you have to develop it, either way, hard work will lead you to the promise land, many think god given ability or even a stack to start off is what makes the difference, yes, intelligence can go a long way, but it truly is hard work that show & proves.

TUESDAY, Sept. 4
Extended-Hours Earnings: CPB, FNSR, FRAN, GWRE, NTWK, PBY, PRCP, SFD.
Economic Data: 10 a.m. ISM Index; Construction Spending; 2 p.m. Auto/Truck Sales.
WEDNESDAY, Sept. 5
Extended-Hours Earnings: ABM, AVAV, CONN, DLA, DG, FCEL, GIII, HRB, MTRX, MW, MIND, NCS, OVRL, SEAC, PIKE, SIGM, STEI, SWS, PAY, VRNT.
Economic Data: 7 a.m. MBA Mortgage Index; 8:30 a.m. Productivity.
THURSDAY, Sept. 6
Extended-Hours Earnings: ARAY, ACET, BV, CHKE, COO, ENVI, HOV, BLOX, LCI, LAYN, MFRM, ZQK, SWHC, ULTA, USAT, UTIW.
Economic Data: 7:30 a.m. Challenger Job Cuts; 8:15 a.m. ADP Employment Change; 8:30 a.m. Initial Claims; 10 a.m. ISM Services; 11 a.m. Crude Inventories.
FRIDAY, Sept. 7
Extended-Hours Earnings: BRC, KR, ALCS.
Economic Data: 8:30 a.m. Unemployment Rate, Payrolls Data.