Potential swing trades:
Longs - I probably won't post any swing picks until late July -- after the heart of earnings season
Shorts - None
Potential day trades:
(From Briefing.com)
Gapping Down
APOL -4.1% (reports MayQ, but guides AugQ sales below consensus), XIDE -9.4% (to receive going-concern opinion), TOPP -7% (reports Q1), STX -4% (Goldman downgrade), PLCM -3.3% (Thomas Weisel downgrade), APPB -3%, OUTD -2.5% (prices 5.3 mln share offering), SGTL -1.4% (Jefferies downgrade).
Gapping Up
WPCS +21% (contract wins), SBYN +26% (to be acquired by SUNW; up in sympathy: WEBM +8%, TIBX +3.2%), CBST +15% (Cubicin meets primary endpoint; Legg Mason upgrade), LIOX +14% (to acquire Bowne Global Solutions), ANTP +12% (contract win), NGAS +12% (First Albany initiates with $12 tgt), OLAB +9% (extends 71% move yesterday), PAYX +5% (reports MayQ), TWGP +6%, NWAC +4.2%, IIJI +3.8% (extends 23% move yesterday), PKZ +3% (cites bid offer, fair value at $50-70 - WSJ; up in sympathy: RD +2.8%), ATYT +3% (Lehman upgrade), FORD +2.3%, XMSR +1.8% (Hyatt Hotels to offer service).... Under $3: ANCC +54% (guides higher), DFIB +25% (receives regulatory approval to sell its defibrillators in China), JMAR +13%.
Intraday Updates:
- 09:41 ZILA is popping off of a $9 target it just got from Seidler. It's up 20% now...
- 09:48 KOPN is strong early on
- 09:48 NFLD just hit the scanner -- up 13% on strong volume
- 12:12 NANO and NANX are perking up
