The earnings onslaught continues this week, and NFLX investors will be eagerly anticipating the company’s earnings report due out after the bell on Monday. Analysts are expecting that the company will earn 6 cents per share of profit, compared to a loss of 9 cents per share last year. Analysts are also expecting that the […]
IVAN is a stock that you need to have on your watchlist for Monday. As the price of oil and gasoline continues to tick higher, you need to have stocks such as IVAN on your watchlist, as momentum traders are going to continue to swoop into stocks such as these and bid them higher. This […]
Despite a very solid Q1 earnings report, BRCM traded down on Friday after several cautious statements by analysts. UBS had the most cryptic of statements on Friday, first raising their 2006 and 2007 earnings estimates for the stock and raising their price target, but then saying that it could be difficult for the stock to […]
SOLD had a strong day on Friday, trading up over 18% to finish the session at $9.45 after announcing that they had raised their Q1 guidance. Volume was heavy on Friday, with over 2.4 million shares changing hands, compared to a normal daily average of just over 500k shares. In a positive note for longs […]
MROI soared on Friday, trading up over 27% to close the session at $20.68 after reporting Q2 earnings that pleased the market. Volume was heavy, with over 1 million shares of the stock changing hands, compared to a normal daily average of just over 113k shares traded. The company also traded up to a new […]
GOOG is back. GOOG did what a lot of critics said they couldn’t do; announce yet another sparkling earnings report. A run to $500 seems likely at this point, as GOOG seems to have recaptured all of its previously lost momentum. GOOG traded up over 5% on the session, finishing up at $437.10, after gapping […]
AVCI exploded on Thursday, trading up over 84% to close the regular session at $8.02 after announcing Q1 earnings that surprised and delighted the Street. AVCI posted a loss of 41 cents per share on revenues of $21.4 milion dollars. This compares to analyst expectations of a loss of 47 cents per share, on revenues […]
PLAY received a good old-fashioned beating on Thursday, trading down over 41% to finish the session at $13.13, after it was announced that AAPL won’t be using PLAY’s newest chip in its midrange and high-end flash memory Ipods. This news is obviously a big blow to PLAY, and investors took out their frustrations on the […]
GOOG traded up over 6 points on Wednesday to close at $410.50, as the company prepares to announce its Q1 earnings report on Thursday afternoon. Investors are obviously waiting on the sidelines right now, as volume was non-existant on Wednesday, with only 6.7 million shares of the stock traded, compared to a normal daily average […]
YHOO had a big day on Wednesday, trading up over 7% after the company reported its Q1 earnings. Investors and analysts, who were worried that the company’s duel with GOOG may take a toll on the company, were pleased to see the company report inline earnings for Q1. YHOO reported Q1 earnings of 11 cents […]