Friday, October 28, 2005

CSTR


Ok.. Coinstar Inc. (CSTR) released their quarterly earnings yesterday. Their net profits rose 3 percent. The company also projected fourth-quarter revenue above analysts' current target. By no means is their earnings results the reason why I decided to feature CSTR. Here's the good part.. also on Thursday, they announced a deal with Wal-mart. They agreed to install its coin-counting machines in 100 Wal-Mart stores on a test basis. This could mean huge things for Coinstar if Wal-mart later agrees to take them in on a larger scale. Wal-mart is perfect for Coinstar. But with situations like this, you have to be careful.. there's a lot of hype involved with "Wal-mart deals".. remember Host America Corp.(CAFE) back in July. (I am merely using CAFE as and example of what happens when people speculate and it's story is in no way comparable to CSTR.) In my opinion, if you are not already in this stock, I believe you should wait a bit.. I think there is a lot of speculation involved especially around this Wal-mart deal. Think about it, company's profits rose 3%.. has good outlook for next quarter.. but the stock is up over 20% Wwaaaallll-mmmaaaarrrrt. CSTR is a great company, they make lots of money, and I wish I owned some.. though I eventually will, just not now

Wednesday, October 26, 2005

AMLN Earnings


As we all know, earnings announcement is today. Since I first covered this company in august, many positive things have occurred within Amylin Pharmaceuticals Inc. (AMLN). It has been upgraded by three firms and coverage was initiated by a fourth, we've seen a new addition to the board of directors, and most importantly, people have been buying the stock. Here is what one analyst wrote about their new drug Byetta that treats type 2 diabetes, "We continue to believe that Byetta will exceed Street expectations and upside to estimates could result in a second leg of stock appreciation near term." I will be surprised if they release anything other than good news after the bell today.

**update** AMLN hit the low end of the estimate and the stock is heading south in after hours trading... say no to drugs

Tuesday, October 25, 2005

NTRI Earnings


Be sure to listen in on NutriSystem's Inc. (NTRI) earnings conference call five o'clock today. For the past year, their business has been growing at an exponential rate and there is no sign of it slowing down. They also significantly raised their guidance by almost 50% earlier this month, so be prepared for numbers with lots of zeros.

Tuesday, October 18, 2005

GOOG and Earnings


As far as technical analysis goes, Google has recently seen a nice bounce off the 50 dma. The 50 dma has been an excellent tool to show areas of support for Google since the beginning. One can talk about technical analysis and blab about various indicators all day long, but there is one thing that these indicators cannot predict.. the market's reaction to earnings. Google's earnings announcement is in two days so stay alert. Pay attention after the close today when Yahoo announces its quarterly earnings.. Be especially attentive to their numbers regarding ad revenues.. this could serve as an indicator of things to come for Google's numbers on Thursday. Personally I rarely.. RARELY hold any stock through earnings.. yes you will get lucky many times, but you will also get crushed just the same.. you never know what's going to happen or how people are going to react.

Monday, October 17, 2005

ALO Alert


Alpharma Inc. (ALO) is breaking out on the news of they have agreed to sell its U.S. and International Generics businesses to Actavis Group for $810 million.

Wednesday, October 12, 2005

Amazing..

The market has been brutal lately.. Today all but one of the stocks I follow finished red.. the other had no change. At times like this, if you don't like to short stocks, a good way to see green is to keep it green.. Cash Is King. Also, this may be a good time to add to your golden oldies.. I've been adding to my position in TRE a little bit last week and some more today.. That about it for me though.. Happy trading.

Tuesday, October 11, 2005

Insider Buying

There was significant insider buying reported today in CapitalSource, Inc. (CSE). Insiders can sell their stock for any number of reasons.. but they only buy for one: They think their stock will go up.. and who knows better than the people who run the company.

Friday, October 07, 2005

LUB


Keep an eye on Luby's Inc. (LUB).. The company has been working hard this year as they have dramatically improved their balance sheet. Also Luby's was just upgraded to "Buy" status by Sanders Morris Harris... I think they liked the fish and macaroni 'n cheese

Wednesday, October 05, 2005

CPSI Alert


One stock to take note of is Computer Programs & Systems Inc. (CPSI). The stock recently saw a healthy pullback and now is once again trading above the 50 day moving average.. Also, this July, the company declared regular quarterly dividend of $0.22 per share.

CFW


Shares of Cano Petroleum Inc. (CFW) exploded on huge volume today after it announced that it completed the transaction of selling 2,100,000 shares of Cano common stock to certain "accredited investors".... I'm putting this one on my watch list for now.

Tuesday, October 04, 2005

SWN Update


Southwestern Energy Co. (SWN) has really exploded since I first started picking it up.. I have decided to take my profits though.. We have seen an excellent run up in share price recently and it looks like the MACD and the stochastic are indicating its time to take some off the table.

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PLAY


PortalPlayer Inc. (PLAY) was featured on Mad Money last night.. the stock is definitely taking a ride on the Cramer Train today..

Monday, October 03, 2005

NTRI Update


NutriSystem Inc. (NTRI) is breaking out today.. The MACD is nice and bullish.. lots of upside potential.. I've been buying this one since the low 20's

Sunday, October 02, 2005

The Next Google?

This is why Google is going to be the next Google...

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