Watchlist for October 1, China Battery On Short Radar

Posted by Stock Online Trader in Watchlist on 09-30-2009

BEE might be quick short scalp below 2.50 break. It is moving sideways

BCRX up on positive news. Long above 9, with stop loss < 9.

BLDP sold off heavily into the close. More selling possible if 2.50 taken out.

CBAK is a short below 5.00, stop loss on > 5.00. Be cautious coz it does alot of fakeouts. However alot of downside if it fades nicely. Will be watching closely.

CSGH might not have much down side after down 8% today. Just watching, maybe quick scalp on break below 1.80

DRAM just watching for fading action to short into.

DSCO is a long buy if 1.39-1.40 support holds

GTN might have some short juice left below 2.25 break. Careful

LUNA down 14%. Still more downside but the risk/reward is not too good. Careful

NPHC is a classic pump and dump. However hard to borrow shares. Watching for now

RMTR up from 1.80 to 2.50, waiting for buying interest to fade.

SVA had positive news but didnt got sold off from the gap up. However still worthy long with stop loss < 7.80 which has been strong support

Jabil, Reliance Steel Guides Higher, Big 5 Narrows Guidance

Posted by Stock Online Trader in Earnings on 09-29-2009

Jabil Circuit Guides Above Estimates
Jabil Circuit Inc. (JBL) said it expects first quarter earnings of $0.24 to $0.32 per share on revenue of $3.0 billion to $3.20 billion. The current consensus earnings estimate is $0.18 per share on revenue of $2.85 billion for the quarter ending November 30, 2009.

Reliance Steel Guides Above Estimates
Reliance Steel & Aluminum Co. (RS) said it expects third quarter earnings of $0.40 to $0.45 per share. The current consensus earnings estimate is $0.31 per share for the quarter ending September 30, 2009.

Darden Restaurants Reaffirms
Darden Restaurants Inc. (DRI) said it continues to expect fiscal 2010 earnings of $2.59 to $2.85 per share on revenue of $7.12 billion to $7.29 billion. The current consensus earnings estimate is $2.80 per share on revenue of $7.26 billion for the year ending May 31, 2010.

Gannett Guides Earnings Above Estimates; Revenue Below
Gannett Co. Inc. (GCI) said it expects third quarter non-GAAP earnings of $0.39 to $0.42 per share on revenue of $1.307 billion to $1.320 billion. The current consensus earnings estimate is $0.29 per share on revenue of $1.38 billion for the quarter ending September 30, 2009.

Big 5 Sporting Goods Narrows Guidance
Big 5 Sporting Goods Corp. (BGFV) said it now expects third quarter earnings to be at or near the upper-end of its previous guidance range of $0.27 to $0.34 per share. The current consensus earnings estimate is $0.31 per share for the quarter ending September 30, 2009.

Jiangbo Pharmaceuticals Guides Below Estimates
Jiangbo Pharmaceuticals (JGBO) said it expects fiscal 2010 revenue of $96.0 million to $98.0 million. The current consensus estimate is revenue of $134.2 million for the year ending June 30, 2010.

Source: EarningsWhispers.com

Trade Plan For September 29

Posted by Stock Online Trader in Stock Picks on 09-28-2009

AVSC – SHORT < 1.00 (WAIT FOR GREEN/RED MOVEMENT). HARD BORROW

BEE – SHORT < 2.50 SL 2.80

BLDP – SHORT < 2.50 SL 2.60

CBAK – SHORT < 4.00 SL 4.10

CHIP – SHORT < 3.00 SL 3.10

CLFD – SHORT < 5.00 SL > 5.50

CNLG – SHORT ON RED. SL > 3.01

CYTK – SHORT < 5.00

GBE – SHORT < 1.60. SL > 1.91

GKK – POSSIBLE BREAKOUT AT 3.00 OTHERWISE SHORT < 2.80 (JUST WATCHING)

GTN – SHORT ON RED (IDEALLY BREAK BELOW 2.50) SL > 2.75

IGC – SHORT ON RED (IDEALLY BREAK BELOW 2.00) SL > 2.10

LOCM – SHORT ON RED (IDEALLY BREAK BELOW 5.00) SL > 5.10

LUNA – SHORT ON RED (IDEALLY BREAK BELOW 2.50). HARD BORROW

NVAX – LONG ON GREEN (IDEALLY BREAK ABOVE 4.50)

RMTR – SHORT ON GREEN/RED (IDEALLY BREAK BELOW 2.50)

TIVĀ  – SHORT ON GREEN/RED (IDEALLY BREAK BELOW 3.00). HARD BORROW

XTXI – SHORT < 5.5 (STOP LOSS 6, PLAY SMALL POSITION)