Currently holding:
Long – None
Short – ADI, DOX, DVA, MOGN, SFA
Looking for swing trade entries in:
Longs – DKS
Shorts – A, AAP, ADTN, AOC, AVID, CEPH, CHKP, CRL, DIGE, DIS, DLTR, DRIV, EYE, JNPR, MSTR, MXIM, STK, TBL, TELK, WFMI, WGO
Potential day trades:
(From Briefing.com)
Gapping Down
BBI -33% (stock begins trading ex-special $5/sh dividend; also Viacom may write down Blockbuster’s assets – LA Times), SEAC -8% (reports JulQ), HRB -7.3% (reports JulQ), OVTI -7.3% (reports JulQ, guides OctQ below consensus; removed from Focus List at JP Morgan), CNX -7% (cutting Q3 forecast), APPB -5.4% (disappointing Aug comps), SIGM -2% (reports JulQ), MXIM -2% (RBC lowers estimates), GPS -1.2% (Merrill downgrade)… Under $3: ZTEL -9% (CEO leaves to found another co).
Gapping Up
DITC +27% (beats by $0.06; guides OctQ revs above consensus; announces Asian orders), CLZR +15% (beats consensus by $0.03), DCLK +8.4% (adds relationship with Microsoft MSN — Reuters), NGEN +7.8% (awarded patent), SMTC +7.5% (reports JulQ; Legg Mason upgrade), ADEX +7.1% (reports JulQ), NDSN +6.3% (reports JulQ), OTIV +3.5% (receives first orders to support MasterCard PayPass), SINA +3.5% (YHOO-for-SINA rumor back in the market again), TASR +2.2% (jet crashes south of Moscow; pilots had sent a hijack alert, raising suspicion of a terrorist attack)….. Under $3: SIGA +24% (announces receipt of $12 mln in NIH funding), GNBT +17% (receives $1 mln deposit from Sejong).
