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Up stocks and down stocks

11
Selected stocks up or down 10% or more or up or down 5 points or more. Primarily the list is for generating multiday long short ideas. Not every stock on this list qualifies, in fact very few qualify as long term buy and sell.

Sometimes a major one day move kicks off a multi month or multi year rally.Most of such significant moves are precipitated by a new information about the company in terms of earnings, new products, new management, new industry dynamics, new discovery, new regulation, new news from sector,new overall market trend, new earning cycle, new pricing power, new merger/takeover industry dynamics, etc. New information creates price shocks.The new information in some case is so significant that it fundamentally alters market participants view of the stock or sector.

Most stocks which make 100% plus moves in a year have such "episodic pivots" at the beginning of their major moves.Analysing "episodic pivots" can get you in to a stock with low risk at the beginning of a major move. Most stocks or sectors over their entire life span have very few "episodic pivots".

Now that is something to think about!!!! I will say no more on this :-)

Up stocks
APOG,Apogee Enterprises Inc (Google  Yahoo  Earnings  Chart
ASFI,Asta Funding Inc (Google  Yahoo  Earnings  Chart
BW,Brush Engineered (Google  Yahoo  Earnings  Chart
CYTX,Cytori Therapeutics Inc (Google  Yahoo  Earnings  Chart
DMGI,Digital Music Group (Google  Yahoo  Earnings  Chart
LCAV,Lca-vision New (Google  Yahoo  Earnings  Chart
MED,Medifast Inc (Google  Yahoo  Earnings  Chart
MMA,Municipal Mtg & Equity (Google  Yahoo  Earnings  Chart
MSON,Misonix Inc (Google  Yahoo  Earnings  Chart
ONXX,Onyx Pharmaceuticals Inc (Google  Yahoo  Earnings  Chart
VSNT,Versant Corporation (Google  Yahoo  Earnings  Chart
ZOLT,Zoltek Companies Inc (Google  Yahoo  Earnings  Chart


APOG,Apogee Enterprises Inc up more than 10% on news that raised its fiscal 2007 earnings forecast Monday.

ASFI,Asta Funding Inc up more than 10% on earnings release. Debt collector Asta Funding Inc. said Friday its fiscal first-quarter profit rose 22 percent on a jump in revenue.

BW,Brush Engineered Was up 33% on earning release and good forward guidance. Brush Engineered Materials Inc., which supplies beryllium metal to the medical and electronics industries, issued an outlook for full-year 2007 profit above Wall Street's expectations.

CYTX,Cytori Therapeutics Inc is currently loss making company which was up on news of intention to commercialize its Celution(TM) System in Europe in early 2008 for use in reconstructive surgery in breast cancer patients following a partial mastectomy (lumpectomy), in advance of the original anticipated timeline.


DMGI,Digital Music Group was up 34 on news of revenue-sharing content deal with YouTube.

LCAV,Lca-vision New was up more than 7 dollars on earnings and guided 2007 earnings above Wall Street estimates.

MED,Medifast Inc was up 19% on sharply higher revenue forecast for full-year 2006.

MMA,Municipal Mtg & Equity stocks rebounded on news that it does not engage in subprime or any other single family mortgage lending activities.

MSON,Misonix Inc was up 12 post earnings.

ONXX,Onyx Pharmaceuticals Incup sharply on the news that Nexavar trial met its primary endpoint

VSNT,Versant Corporation was up 14% on no news.

ZOLT,Zoltek Companies Inc was up 10% on earning release.

Down Stocks
ASF,Administaff Inc (Google  Yahoo  Earnings  Chart
CHDX,Chindex International Inc (Google  Yahoo  Earnings  Chart
CTRP,Ctrip.com International (Google  Yahoo  Earnings  Chart
DO,Diamond Offshre Drilling (Google  Yahoo  Earnings  Chart
GSOL,Global Sources Ltd. (Google  Yahoo  Earnings  Chart
ICE,Intercontinental Exchange Inc (Google  Yahoo  Earnings  Chart
TWLL,Techwell Inc (Google  Yahoo  Earnings  Chart


ASF,Administaff Inc down more than 9 dollar after cutting its growth forecast.

CHDX,Chindex International Inc a China health care provider dropped 8% post earnings.

CTRP,Ctrip.com International the Chinese online travel company was down more than 7 dollars after it reported higher fourth-quarter profit, but warned that operating margins may decline in 2007.

DO,Diamond Offshre Drilling move related to special dividend of $4/share.

GSOL,Global Sources Ltd. the Chinese solar panel company down 3% in sympathy with general drop in Chinese stocks

ICE,Intercontinental Exchange Inc was down more than 5 dollars along with other exchange stocks. ICE has been up 212% from its 260 day low and recently had good earnings.

TWLL,Techwell Inc declined 10% in sympathy with other chip plays.
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11 comments:

walter said...

nice chart breakout on CSX

Pradeep Bonde said...

Good chart but CSX float is 433 milion. Difficult for it to move very rapidly in short time frames.

walter said...

JOYG - rejected @ MA50
BOOM - rejected @ MA200

Unknown said...

Something must be brewing with VSNT. It's up almost 12% again today on volumne. Bought some this morning and sold half this afternoon. Will hold th rest to see what happens. A buyout maybe?

Pradeep Bonde said...

It is an earnings plus low float story. See the recent earnings, it darted off since August earnings and is up over 100% since then. Float is only 3.5 million so it has the right explosive mix. Also James Altucher helped pop it by highlighting holdings of Renaissance Technologies Portfolio.
http://www.thestreet.com/_dm/newsanalysis/stockpickr/10338396.html
Renaissance Technologies is a NY-based hedge fund started by Jim Simons in 1982. Its $5 billion Medallion Fund has averaged 35% annual returns, after fees, since 1989, and is considered in the industry to be the most successful hedge fund, yielding returns ten percentage points higher than legendary investors Bruce Kovner, George Soros, or Paul Tudor Jones. Because it is so successful, it charges a 5% management fee and a 44% incentive fee.

Simons only hires PhDs and the fund mainly employs computer based models to predict price changes in easily-traded financial instruments. The fund is highly secretive and we are putting in some of their top holdings and some of their more speculative holdings.

Unknown said...

CSX intraday range last two days is $3 - thats not too bad

Shiva said...

The float in VSNT is 3.52M shares and its average 3 month vol is 78k shares. The ratio of float vs which other parameter would you look to tell if a stock has low float?

Thanks

Pradeep Bonde said...

Only the float is important, if there is catalyst volume follows. 3.52 million is very low float. The company did a reverse split in 2005 to reduce float.

Kommi said...

sorry newbee question, but how can you tell that the float of VSNT is 3.5 million? How do you tell what the float is? I am looking at finance.google.com data for VSNT and can see a daily volume and a market cap, but non of them come close to the 3.5 mil number

Pradeep Bonde said...

The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.

Also known as "free float".
For example, a company may have 10 million outstanding shares, but only seven million are trading on the stock market. Therefore, this company's float would be seven million.

Stocks with small floats of less than three million shares tend to be a lot more volatile than others.
http://www.investopedia.com/terms/f/float.asp
You will find floats on yahoo finance.
I get my float data from Telechart. Float can change from time to time based on stock splits, private sells, secondaries etc. Sometime different sites show diferent float amounts.

Unknown said...

As Pradeep mentioned, one of the first places I go when wanting to get deatils of a stock is the Yahoo Finance, Key statistics page. Most of a companies financial data is here including float, shares sold short, sales and profit data.

http://finance.yahoo.com/q/ks?s=VSNT