Watchlist for December 7, 2007

See one of the recent 'Chart Reading' posts for some potential swing candidates.

Potential day trades:

(From Briefing.com)

Gapping Down

In reaction to weak earnings/guidance: SWHC -22.4% (also multiple analyst downgrades), PALM -16.5% (also tgts lowered at Lehman and Piper Jaffray), HRLY -8.2%, GIL -7.8%, GMTN -7.1%, EXFO -5.5%, CAE -4.1%, SORC -2.4%, FIZZ -1.6%, ORCC -1.4%, NSM -1.3%, HSC -1.2%, SIRO -1.1%... Other news: GUID -4.4% (CEO John Colbert resigns and Victor Limongelli appointed CEO), ACTG -4.3% (announced that its Telematics Corporation subsidiary has settled litigation against @Road, enter license agreement with S), TVL -4.3% (concludes its review of strategic alternatives), PENX -4.3% (prices a 2 mln share offering at $25/share), TRBN -3.2% (announces upcoming presentation and TRU-016 data), SURW -3.2% (reaches definitive agreement to acquire Everest Broadband), GFI -2.7% (still checking), FRP -2.5% (reached an agreement on a variety of operational issues relating to its proposed acquisition of VZ's landline network), EXAR -2.4% (announces CEO and President resignation), BTU -2.4% (Cramer makes negative comments on MadMoney), APOL -2.2% (Ex-Apollo Finance Chief says co withheld education report in 2004- Bloomberg), TWPG -2.1% (discloses in 8-k the discontinuation of its Discovery Research coverage of U.S. equities), AMGN -2.1% (in discussions with FDA to update U.S. prescribing information for ESAs), TRGL -2.0% (provides update on Black Sea operations), AMKR -1.9% (still checking), MEE -1.9% (Cramer makes negative comments on MadMoney), PBCT -1.6% (still checking), BSY -1.4% (Murdoch stands down as chairman of British Sky Broadcasting - AP), TLM -1.3% (still checking), BMR -1.2% (still checking), BUCY -1.2% (profiled in New America section of IBD)... Analyst downgrades: COF -4.6% (downgraded to Underweight at Morgan Stanley), DFS -3.9% (downgraded to Sell at Merrill), ISIL -2.8% (downgraded to Outperform at Morgan Keegan), STO -1.0% (downgraded to Neutral at Merrill), DIOD -1.0% (downgraded to Market Perform at Morgan Keegan).

Gapping Up

In reaction to strong earnings/guidance: PZZA +19.8%, LQDT +9.4%, GOT +8.3%, ICOC +7.1%, ACTL +6.1%, SON +6.0%, OPTM +3.8%, SNPS +3.8% (also upgraded to Buy at Deutsche Bank), LGTY +1.6%... Other news: TIN +3.7% (declares a special cash dividend of $10.25 per common share), ALU +3.2% (still checking), SGR +2.8% (tgt raised to $90 at Stifel and Cramer makes positive comments on MadMoney), UIS +2.5% (Idaho awards Unisys seven-year medicaid contract), GEOY +2.5% (Cramer makes positive comments on MadMoney and says co gave launch date for third satellite), OCNF +2.2% (recovering from sell off after announcing yesterday CEO and CFO has left the co; hearing stock was upgraded this morning), AAUK +2.1% (Anglo, Xstrata shares surge on speculation of takeover offer - Bloomberg.com), CHINA +1.7% (CDC Corp provides update on performance metrics for November), HTV +1.6% (approves 8 mln share repurchase program), COMV +1.3% (prices for a 4 mln share common stock offering at $29/share), PSPT +1.3% (comments on review of unsolicited proposal from IPVG Corp. and AO Capital Partners), CS +1.3% (WSJ reports co agreed to form a joint venture in China for domestic stock underwriting), CSCD +1.2% (announces new CEO), SIRI +1.1% (Cramer makes positive comments on MadMoney), MT +1.1% (bids for remaining shares of China Oriental)... Analyst upgrades: YGE +4.5% (upgraded to Buy at BofA), CA +2.1% (hearing upgraded to Buy at tier-1 firm), SPWR +2.0% (upgraded to Buy at Jefferies), ATVI +1.6% (upgraded to Buy at Piper Jaffray), AVP +1.0% (upgraded to Buy at Merrill).

Disclaimer & How I use this list