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SOLARs all got stomped again, JKS down from 31 to 26 in 4days, shorts really singled these out, long runnuop & seasonal, CSIQ sold from same 31 pivot too.
Way to play PBYI was taking the fourth short on ISIS from 39.80 ---> to the penny for another $1.80 fade, they've averaged about 1.50/$2 ea. Just a little goldmine have been mining.
NFLX again "360" stoppd it 2nd time.
took 4 mor on IOC & PBYI shrt workd tday, 3 day rule near 90
Profitaking on solars CSIQ JKS FSLR, c where they bounce, also PXD & FANG rolld over
Baidu Stops Accepting Bitcoins After China Ban
http://www.bloomberg.com/news/2013-12-07/baidu-stops-accepting-bitcoins-after-china-ban.html
PBYI Buzz is Phase II data from the breast cancer drug is already better than Herceptin, which has annual sales of >$5 billion. http://stks.co/dxfQ
$$$$$ made of this baby, unreal
$PBYI Buzz is Phase II data from the drug is already better than Herceptin, which has annual sales of >$5 billion. http://stks.co/dxfQ
Think was done friday, think again...
None on biotech thread here would comment on PBYI, cant understand why, they never were that interested in ONXX ALNY CLVS ACAD ISIS or AEGR either.
looked oveer & finally took a short near 87, got $3 out of it then still squeezed up, prolly shud have held over. BUt better sure trades were fade FB at 49.50, ISIS at 40, YOKU, NFLX from 360, SCTY 55s, the solars, also---> PXD & FANG broke back down
There should be some fade oppps here monday, dang, shu have taken the long too<g
PBYI still squeezed em with possible b/o while QCOR went other way, nearing support for sure at 48? GME momo sure ended in continued pain and SHLD & JCP taken to cleaners.
Gap fades on NFLX working which they sold down again twice from 360/61. The push on FB ended at 49.5 which stopd SINA & YOKU momos in social media
FIVE & OVTI were the exceptional BTD a/h plays last week, ULTA was reshort the am DCB to 98, shorts still mad at that.
IOC, that was pure reaction exhaustion BTD play, that $7 bounce was some gift <g
AMBA & ISIS were great gap fades, AMBA always sells off then the dippers come in, same with ISIS but at R at 40 for now
Solars CSIQ & JKS etc, long term holders sold still & shorts pounded, they've come far.
DUST still BTD
FIVE dipd off 40 area last nite, IOC huge market gift off 52 flush & bounce , ULTA jumped on the 1rst bounce short and DDD was going nowhere but down, solars another day down
ULTA that was a nice duble top so much for that froth, earnings have peaked for many lately, FIVE taken to cleaners too.
(will be interested to see FB & LNKD next earnings)
Got nice pick up on LMT short & some on BIIB into last week, just vecause they were up so muchyou could feel long term fund mgrs thinking "ring the register" and traders seeing no more upside.
ULTA lot of company's coming in light,u could feel the weight on SPY tday early , with AAPL fade right off , solars got hit again JKS CSIQ, one day up 7% then down as they're just trading vehicles now. They're waiting for dips to buy like PDX off 175 on monday, they want them but in cheaper, same for the solars
SCTY nice fade 3x's tday too from 55.3 area it trades with TSLA which still sould be no more than 120.
FB was feisty as was TWTR with YOKU & LNKD, social media was being run up this week, traders looking for trades, they really ran YOKU .
Shorts on DDD still paying off even with those stupid upgrades out monday but have to thank them for giving the best entry near 80
BIDU ramping all week after China PMI, then good short tday
gambling in Macau doing fine tho, LVS & WYNN put the squeeze on yest,
ULTA bubble smashed sub 100 & longed a few , yah PBYI was a ball, best massive squeeze in while but 3 shorts from 80 for 4pts ea too,
PBYI, any comments?
PBYI , whoa biotech on fire at R 70s here ISIS
OVTI did good ,CF Industries price target raised to $300 from $250 at Morgan Stanley...shorts got caught there
OVTI was still a champ off 13s dip, NFLX did you like the double top put in again tday @ 368?
SHLD had more to go, looking for tops into thanks giving hoopla, SPY was just so topped 181s, sales were actually lackluster so even AMZN took a breather and many DOW like LMT mentioned yest.
They had AAPL to take up the slack then dipped ones like FB which had already been sold down to 60min lows also SINA gets a mention FB bounce lit up social media sphere, was already beaten down.
BIDU ramped after the China PMI and they sure loved SFUN especially, SINA was the standout tday tho.
Gold, what can u say, but NUGT did hold 25's twice so they poppped it tday, still rebought DUST thinking 1250 stopd this rally
NFLX dub top at 368, the boyz cashed in some chips tday
BIDU led China PMI parade from last week , SFUN been a monster since trouncing earnings by 20mil,see if trade is topping out tmorrow or they want to ramp more BIU has R 169 etc, the rest follow, been leaning on YOKU, lots of sells on QIHU tday at 86.
KKD tanker =lead donut
HLF NUS= Ackman butt hurt
NUAN not Icahns best move
OVTI=never fails
AMBA = always bids up too far,did bid up, ER thurs.
New 3D Metal Printer, now scientists have built an open-source 3D metal printer that costs under $1,200 http://stks.co/bwea fun
Any see this french comp Prodway's light tech process? http://www.prodways.com/en/
This seems a faster & even more detail than DDD ?
What a battle that was today, think fade on DDD from 80 again.
MELI is still suffering...how fun that AMZN takes a dive right on the GS upgrade monday from 400? ( have been taking indestructable LMT BIIB RGR even FDX or UNP shorts finally looking for topd DOW stocks.)
HUge bounces for CAMT mon went into ICLD tues,chit i missed it too, but only for the bounce on JKS off similar 60min 200ma low tag at 28.50...all eyes were on TSLA but check out that "V" bounce on JKS, short & long a favorite trader (CSIQ too)
Another day in the trenches tmorrow with 3D's & DDD especially again, pumped by some nerd analyst, sure the long was good to 80 but the $5 fade from there was good too, its an overhyped, overvalued stock that will come down eventually, DDD's tech good but theres better out there coming online. should fade from 80 again.
DUST, really nice play and monday you got paid well, well done as usual, you hammered that gold trade!
The obvious shorts werent the TSLAs or SCTY's but this week snuck some fades in on the teflon Don's like BIIB LMT RGR even scalping FDX short tday or UNP from yest & KKD rolled over like a lead donut. How classic was the GS upgrade on AMZN monday & it rolld over from 400? ( NFLX is still NFLX tho, lol...)
Z & TRLA sure got harried down again & SHLD did the swan dive from top R, you try to catch them all, now AAPL picks up the slack as they cant bid the MA V CMG PCLN or GOOGs up anymore, some of the DOW dogs like MMM getting hit too.Wouldnt have dreamed of shorting an LMT RGR or FDX UNP until just this last 3days, etc.
SHLD what a beuty,
QIHU should see a little gap up in the am SFUN was a monster after its ER, about the same kind of blowout as this one with QIHU, they're doing good..
Paulson Said to Inform Clients He Won’t Add More to Gold (the last fund mgr giving up on GLD) http://stks.co/ixYu NUGT just a little depressed last week DUST BTD all the way.
QIHU, thats a blowout equal to the SFUN report, wud expect a little pop on the open,lol.
$QIHU (blow out) Reports Q3 188M vs 152M Q2 , $44.5 million, compared to $12.9 million in the third quarter of 2012. .. http://stks.co/gxmU
Third Quarter Financial Highlights1
•Revenues were $187.9 million, a 124% increase from $84.0 million in the third quarter of 2012.
•Net income attributable to Qihoo 360 was $44.5 million, compared to $12.9 million in the third quarter of 2012.
•Non-GAAP net income attributable to Qihoo 360 (1) was $61.5 million, compared to $24.2 million in the third quarter of 2012.
•Diluted earnings per ADS(2) ("EPADS") attributable to Qihoo 360 was $0.35, compared to $0.11 in the same period last year.
•Non-GAAP diluted EPADS attributable to Qihoo 360 (1) was $0.47, compared to $0.20 in the same period last year.
Third Quarter Operating Metrics
•Total monthly active users of Qihoo 360's PC-based products and services reached a record 465 million in September 2013, compared to 442 million in September 2012(3).
•User penetration of Qihoo 360's PC-based products was 94% in September 2013, compared to 95% in September 2012 (3).
•Total smartphone users of 360 Mobile Safe, Qihoo 360's primary mobile security product, reached a record 408 million in September 2013, compared to 149 million in September 2012.
•Monthly active users of Qihoo 360's browsers reached a record 342 million in September 2013, compared to 303 million in September 2012 (3).
•User penetration of Qihoo 360's browsers was 69% in September 2013, compared to 65% in September 2012 (3).
•Average daily unique visitors to the 360 Personal Start-up Page and its sub-pages were 126 million in the third quarter of 2013, compared to 89 million in the third quarter of 2012.
•Average daily clicks on Qihoo 360's Personal Start-up Page and its sub-pages were approximately 681 million in the third quarter of 2013, compared to 451 million in the third quarter of 2012.
"We are very excited to report another quarter of success in all key areas of our business," said Mr. Hongyi Zhou, Chairman and Chief Executive Officer of Qihoo 360. "In addition to achieving record revenue and profitability, we strengthened our leadership position in key product categories and made significant inroads into new markets. With our PC security products covering nearly 95% of Chinese PC Internet users, and our mobile security solutions covering approximately 70% of Chinese smartphone users, Qihoo 360 remains the indisputable leader in Internet security in China. In addition, monthly active users of our PC browsers represented almost 70% of the Chinese PC Internet population. As we further established our leadership position in the PC Internet market, we have been making significant progress in the fast growing mobile Internet space. Our Android app store – 360 Mobile Assistant, maintained its position at the forefront of the industry and is increasingly becoming the most effective launch platform for Android app developers, despite the dynamic landscape and fierce competition."
"During the quarter, we continued to gain notable search traffic market share and, based on a third party report, we have already achieved our year-end search traffic share goal several months ahead of schedule. Looking ahead, we will continue to invest in product development and technology innovation, setting the stage for Qihoo 360 to capture a significant portion of the search market in both PC and mobile Internet and eventually reshape this vast industry in China. While our search monetization is still in its early stages, we have made significant progress. We believe that search and mobile monetization will drive substantial long-term growth for our business," concluded Mr. Zhou.
Mr. Xiangdong Qi, President of Qihoo 360, added, "We saw accelerated growth in key business lines in the third quarter. Online advertising revenue grew 107% year-over-year, bolstered by further development of our monetization process and incremental contributions from both search and mobile monetization. Internet value-added services once again outpaced the market and achieved revenue growth of 163% year-over-year with strong momentum in mobile games. While search and mobile monetization are still in their nascent stages, they ramped up faster than expected, and will become major catalysts for future growth. As the competitive environment rapidly changes in China, we will continue to make proactive investments in product and technology development to drive our leadership positions forward and expand our footprint, particularly in mobile Internet and search technology, where we see tremendous opportunities for expansion. Meanwhile, we are gradually building our sales and marketing infrastructure to support our monetization efforts. We believe these investments will fortify our foundation, support sustainable growth and drive long-term shareholder value."
Third Quarter 2013 Results
Revenues
Revenues were $187.9 million, representing an increase of 124% from $84.0 million in the third quarter of 2012 and an increase of 24% from $151.7 million in the second quarter of 2013. The strong year-over-year growth in revenues was mainly due to continued momentum in both online advertising and Internet value-added services.
Online advertising revenues were $120.7 million, representing an increase of 107% from the same period last year and an increase of 33% from the prior quarter. The strong year-over-year increase was primarily driven by increased monetization of user activities on 360 Search and Personalized Start-up Pages. The robust quarter-over-quarter growth was also due, in part, to a strong ramp-up in search monetization.
Internet value-added service revenues, which are mainly derived from game platform operations, were $67.0 million, up 163% from the same period last year and 10% from the prior quarter. The strong year-over-year increase was mainly driven by solid growth in the Company's paying game user base and expanded games portfolio.
Cost ofRevenues
Cost of revenues were $25.9 million, compared to $7.9 million in the third quarter of 2012 and $17.8 million in the second quarter of 2013, representing increases of 228% and 45%, respectively.
OperatingExpenses
Operating expenses were $111.2 million, compared to $63.9 million in the third quarter of 2012 and $97.2 million in the prior quarter. Non-GAAP operating expenses were $95.3 million, compared to $52.6 million in the third quarter of 2012 and $79.3 million in the prior quarter.
The year-over-year and sequential increases in non-GAAP operating expenses were mainly driven by increased sales and marketing expenses, personnel-related costs, and bandwidth and equipment depreciation expenses, as the Company continued to enhance its technology and product development capabilities and strengthen its brand in mobile Internet and search.
Operating Income
Operating income was $50.8 million, compared to $12.2 million in the third quarter of 2012 and $36.6 million in the prior quarter.
Non-GAAP operating income was $66.7 million, compared to $23.5 million in the third quarter of 2012 and $54.5 million in the prior quarter.
Operating margin was 27.0%, compared to 14.5% in the third quarter of 2012 and 24.1% in the prior quarter.
Non-GAAP operating margin was 35.5%, compared to 28.0% in the third quarter of 2012 and 36.0% in the prior quarter.
The year-over-year increase in non-GAAP operating margin was mainly due to strong revenue growth while the Company continued to invest in new products and business initiatives.
NetIncome attributable to Qihoo 360
Net income attributable to Qihoo 360 was $44.5 million, compared to $12.9 million in the third quarter of 2012 and $33.0 million in the prior quarter.
Non-GAAP Net income attributable to Qihoo 360 was $61.5 million, compared to $24.2 million in the third quarter of 2012 and $51.0 million in the prior quarter.
Net Margin
Net margin was 23.7%, compared to 15.4% in the same period last year and 21.8% in the prior quarter.
Non-GAAP net margin was 32.7%, compared to 28.8% in the same period last year and 33.6% in the prior quarter. The year-over-year improvement in non-GAAP net margin was mainly due to strong revenue growth.
Diluted Earnings per ADS
Diluted EPADS for the third quarter of 2013 was $0.35, compared to $0.11 in the third quarter of 2012 and $0.26 in the prior quarter.
Non-GAAP diluted EPADS for the third quarter of 2013 was $0.47, compared to $0.20 in the same period last year and $0.40 in the prior quarter.
Both GAAP and non-GAAP weighted average ADS used in computing diluted EPADS was 131.3 million.
Cash Flows and Balance Sheet
Net cash generated from operations in the third quarter of 2013 was $75.0 million, compared to $20.7 million in the same period last year and $86.4 million in the prior quarter. Cash capital expenditures were $32.2 million. As of September 30, 2013, the Company had cash and cash equivalents of $1,003.6 million.
BusinessOutlook
For the fourth quarter of 2013, the Company expects revenues to be between $206 million and $208 million, representing a year-over-year increase of 100% to 102%. For the full year 2013, the Company expects revenues to be between $655 million and $657 million, representing a year-over-year increase of approximately 100%. These estimates reflect the Company's current and preliminary view, which is subject to possible material changes.
Conference Call
Qihoo 360's management will host a conference call to discuss the results at 7:30 a.m. Eastern Time on November 25, 2013 (8:30 p.m. Beijing time on November 25, 2013).
The dial-in details for the live conference call are
$QIHU Reports Q3 188M vs 152M Q2 , $44.5 million, compared to $12.9 million in the third quarter of 2012. .. http://stks.co/gxmU
Third Quarter Financial Highlights1
•Revenues were $187.9 million, a 124% increase from $84.0 million in the third quarter of 2012.
•Net income attributable to Qihoo 360 was $44.5 million, compared to $12.9 million in the third quarter of 2012.
•Non-GAAP net income attributable to Qihoo 360 (1) was $61.5 million, compared to $24.2 million in the third quarter of 2012.
•Diluted earnings per ADS(2) ("EPADS") attributable to Qihoo 360 was $0.35, compared to $0.11 in the same period last year.
•Non-GAAP diluted EPADS attributable to Qihoo 360 (1) was $0.47, compared to $0.20 in the same period last year.
Third Quarter Operating Metrics
•Total monthly active users of Qihoo 360's PC-based products and services reached a record 465 million in September 2013, compared to 442 million in September 2012(3).
•User penetration of Qihoo 360's PC-based products was 94% in September 2013, compared to 95% in September 2012 (3).
•Total smartphone users of 360 Mobile Safe, Qihoo 360's primary mobile security product, reached a record 408 million in September 2013, compared to 149 million in September 2012.
•Monthly active users of Qihoo 360's browsers reached a record 342 million in September 2013, compared to 303 million in September 2012 (3).
•User penetration of Qihoo 360's browsers was 69% in September 2013, compared to 65% in September 2012 (3).
•Average daily unique visitors to the 360 Personal Start-up Page and its sub-pages were 126 million in the third quarter of 2013, compared to 89 million in the third quarter of 2012.
•Average daily clicks on Qihoo 360's Personal Start-up Page and its sub-pages were approximately 681 million in the third quarter of 2013, compared to 451 million in the third quarter of 2012.
"We are very excited to report another quarter of success in all key areas of our business," said Mr. Hongyi Zhou, Chairman and Chief Executive Officer of Qihoo 360. "In addition to achieving record revenue and profitability, we strengthened our leadership position in key product categories and made significant inroads into new markets. With our PC security products covering nearly 95% of Chinese PC Internet users, and our mobile security solutions covering approximately 70% of Chinese smartphone users, Qihoo 360 remains the indisputable leader in Internet security in China. In addition, monthly active users of our PC browsers represented almost 70% of the Chinese PC Internet population. As we further established our leadership position in the PC Internet market, we have been making significant progress in the fast growing mobile Internet space. Our Android app store – 360 Mobile Assistant, maintained its position at the forefront of the industry and is increasingly becoming the most effective launch platform for Android app developers, despite the dynamic landscape and fierce competition."
"During the quarter, we continued to gain notable search traffic market share and, based on a third party report, we have already achieved our year-end search traffic share goal several months ahead of schedule. Looking ahead, we will continue to invest in product development and technology innovation, setting the stage for Qihoo 360 to capture a significant portion of the search market in both PC and mobile Internet and eventually reshape this vast industry in China. While our search monetization is still in its early stages, we have made significant progress. We believe that search and mobile monetization will drive substantial long-term growth for our business," concluded Mr. Zhou.
Mr. Xiangdong Qi, President of Qihoo 360, added, "We saw accelerated growth in key business lines in the third quarter. Online advertising revenue grew 107% year-over-year, bolstered by further development of our monetization process and incremental contributions from both search and mobile monetization. Internet value-added services once again outpaced the market and achieved revenue growth of 163% year-over-year with strong momentum in mobile games. While search and mobile monetization are still in their nascent stages, they ramped up faster than expected, and will become major catalysts for future growth. As the competitive environment rapidly changes in China, we will continue to make proactive investments in product and technology development to drive our leadership positions forward and expand our footprint, particularly in mobile Internet and search technology, where we see tremendous opportunities for expansion. Meanwhile, we are gradually building our sales and marketing infrastructure to support our monetization efforts. We believe these investments will fortify our foundation, support sustainable growth and drive long-term shareholder value."
Third Quarter 2013 Results
Revenues
Revenues were $187.9 million, representing an increase of 124% from $84.0 million in the third quarter of 2012 and an increase of 24% from $151.7 million in the second quarter of 2013. The strong year-over-year growth in revenues was mainly due to continued momentum in both online advertising and Internet value-added services.
Online advertising revenues were $120.7 million, representing an increase of 107% from the same period last year and an increase of 33% from the prior quarter. The strong year-over-year increase was primarily driven by increased monetization of user activities on 360 Search and Personalized Start-up Pages. The robust quarter-over-quarter growth was also due, in part, to a strong ramp-up in search monetization.
Internet value-added service revenues, which are mainly derived from game platform operations, were $67.0 million, up 163% from the same period last year and 10% from the prior quarter. The strong year-over-year increase was mainly driven by solid growth in the Company's paying game user base and expanded games portfolio.
Cost ofRevenues
Cost of revenues were $25.9 million, compared to $7.9 million in the third quarter of 2012 and $17.8 million in the second quarter of 2013, representing increases of 228% and 45%, respectively.
OperatingExpenses
Operating expenses were $111.2 million, compared to $63.9 million in the third quarter of 2012 and $97.2 million in the prior quarter. Non-GAAP operating expenses were $95.3 million, compared to $52.6 million in the third quarter of 2012 and $79.3 million in the prior quarter.
The year-over-year and sequential increases in non-GAAP operating expenses were mainly driven by increased sales and marketing expenses, personnel-related costs, and bandwidth and equipment depreciation expenses, as the Company continued to enhance its technology and product development capabilities and strengthen its brand in mobile Internet and search.
Operating Income
Operating income was $50.8 million, compared to $12.2 million in the third quarter of 2012 and $36.6 million in the prior quarter.
Non-GAAP operating income was $66.7 million, compared to $23.5 million in the third quarter of 2012 and $54.5 million in the prior quarter.
Operating margin was 27.0%, compared to 14.5% in the third quarter of 2012 and 24.1% in the prior quarter.
Non-GAAP operating margin was 35.5%, compared to 28.0% in the third quarter of 2012 and 36.0% in the prior quarter.
The year-over-year increase in non-GAAP operating margin was mainly due to strong revenue growth while the Company continued to invest in new products and business initiatives.
NetIncome attributable to Qihoo 360
Net income attributable to Qihoo 360 was $44.5 million, compared to $12.9 million in the third quarter of 2012 and $33.0 million in the prior quarter.
Non-GAAP Net income attributable to Qihoo 360 was $61.5 million, compared to $24.2 million in the third quarter of 2012 and $51.0 million in the prior quarter.
Net Margin
Net margin was 23.7%, compared to 15.4% in the same period last year and 21.8% in the prior quarter.
Non-GAAP net margin was 32.7%, compared to 28.8% in the same period last year and 33.6% in the prior quarter. The year-over-year improvement in non-GAAP net margin was mainly due to strong revenue growth.
Diluted Earnings per ADS
Diluted EPADS for the third quarter of 2013 was $0.35, compared to $0.11 in the third quarter of 2012 and $0.26 in the prior quarter.
Non-GAAP diluted EPADS for the third quarter of 2013 was $0.47, compared to $0.20 in the same period last year and $0.40 in the prior quarter.
Both GAAP and non-GAAP weighted average ADS used in computing diluted EPADS was 131.3 million.
Cash Flows and Balance Sheet
Net cash generated from operations in the third quarter of 2013 was $75.0 million, compared to $20.7 million in the same period last year and $86.4 million in the prior quarter. Cash capital expenditures were $32.2 million. As of September 30, 2013, the Company had cash and cash equivalents of $1,003.6 million.
BusinessOutlook
For the fourth quarter of 2013, the Company expects revenues to be between $206 million and $208 million, representing a year-over-year increase of 100% to 102%. For the full year 2013, the Company expects revenues to be between $655 million and $657 million, representing a year-over-year increase of approximately 100%. These estimates reflect the Company's current and preliminary view, which is subject to possible material changes.
Conference Call
Qihoo 360's management will host a conference call to discuss the results at 7:30 a.m. Eastern Time on November 25, 2013 (8:30 p.m. Beijing time on November 25, 2013).
The dial-in details for the live conference call are
PXD with that ramp on the SPY EOD, one of the best moves in the market late day along with AEGR if u caught the 182.50 support
P , but it was real fun stomping on its am pop early cause a perrenial seller on earnings, DDD pop got faded but not bad if u got L yest & SSYS too, such a gimicky PR with Motorala making phone covers tho, these machines are gimmicky. VJET was poppable too.
Another DUST day with NUGT stomped on
SPLK monster though short in am did work for $3, hell even $NFLX gave back $5.50 but SPY so relentless later too, shorts good in the am when longs cant help but cash in, that is a 1.2BIL move for SPLK, amazing.
ADSK another example of short the top work in am then BTD later
AEGR & some bios got their mojo back with up market CLDX ACAD etc, AEGR reall was BTD this week.
USEC discloses additional government funding, shares +6.5% AH http://seekingalpha.com/currents/post/1427411?source=feed_f … $USU
LZB stayed up all day after one am short then cimbed back up, DKS gap & good fade scalp from altm], tomorrow is
TGT, SHLD, GME, DCI, ANF, PDCO tomorrow am :
Notable companies reporting before tomorrow's market open, with earnings consensus, include Target (TGT), consensus 63c; Sears Holdings (SHLD), consensus ($3.13); GameStop (GME), consensus 57c; Donaldson (DCI), consensus 39c; Abercrombie & Fitch (ANF), consensus 45c; Patterson Companies (PDCO), consensus 47c.
Seems EA & GME discovered right b4 earings their margins were thinner than they thought, both seeing some pre earnings profitakling long term squeeze no guts before but we;ll assume there a $3 pop ready here for fundies to sell into,
v
LZB stayed up all day in short in am the cimbed back up, DKS gap & good fade scalp from altm], tomorrow is
TGT, SHLD, GME, DCI, ANF, PDCO tomorrow am :
Notable companies reporting before tomorrow's market open, with earnings consensus, include Target (TGT), consensus 63c; Sears Holdings (SHLD), consensus ($3.13); GameStop (GME), consensus 57c; Donaldson (DCI), consensus 39c; Abercrombie & Fitch (ANF), consensus 45c; Patterson Companies (PDCO), consensus 47c.
Seems EA & GME discovered right b4 earings their margins were thinner than they thought, both seeing some pre earnings profitakling long term squeeze no guts before
v
GS forex trade linked to big rev slump, WSJ says http://stks.co/etzM looks like another top put in
Fed mentioned the word "taper" it was hit the buy button on DUST, several times, NUGT got hammered tho u'll always get $1 B if u time it right eod.
Yah 65 is the tuf R for GMCR, took a good payday from dipping it 59s tho.
Loved seeing shorts get creamed again on PCLN this am, still no problem shorting the SPY 159.80 top r and .60 later, solars were still spunky after that sell off, like CSIQ to 29 yest, that got $1 B eod etc
GMCR half hearted short push down to 59, wasnt bad enuff to hit further, dunnoh if 65+ is doable but $6 bounce almost
VJET 1rst short premrkt yest 69s, tho bounced the day b4 when DDD lost it from 84.7 all the way back to 69. (That was a gift) Even the way they manipulated DDD whos product is a total POS btw.
Amazing to see the hedgie action, total bastid maipulators, then they stick people in the top & short them down, a company with 10mil revs at $1bil cap, only in the Wall St USA.
VJET almost down to where it would be only 300 xs next yrs earnings lol....GMCR ok off 59
same thing with XONE they all got tanked today
ONVO hope u reshorted, perf entry no borrows here, DDD SSYS & VJET were the ponies (VJET from 69 DT)were doomed, but good bounces later. Now all up to the SPY
They all trade off DDD now & SPY, funny BAC upgrades right at the top, those 3D Cubes are getting 90% one star reviews on AMZN was checking out, people calling them $2k "doorstops'
LZB beat good enuf to pop tomorrow, laid in wait on DKS pop to 58s this am, gave back the rest of day, so pop on LZB maybe same.
Solars got hit again tday, JKS popped early but 34.20 no mas, $3 swoon from there later when hegies realized there were no more suckers out ther lol
ICLD still held 13.2 & even bounced thru spy swoon, DD pays doesnt it? 16mil revs , 3mil prof & only 45mil cap?
It should be 80 compared to VJET
TWTR dont know what held it above 40 tday, $FB 30min "49" was no mas selling started right from the open & AAPL again not pass 530
CSIQ SPWR real good, "33" has stopd CSIQ 3 xs now...even tho am was good for JKS it faded too.