Watchlist, Economic Calander, Gap Stocks, Upgrades/Downgrades

posted by:  elvis                                     date:  11/10/2010

Watchlist: AEM AGU AMZN APA APC BHP BIDU CLF EOG FCX GS LVS MOS NOV RIMM TFM VMW WYNN (not on penson ETB list agu bhp nov tfm)

Gaps i'm watching:  AONE (note: earnings on AONE - gapdown-dead cat bounce, looking for a little short covering/profit taking on the open.  not too exciting but worth a look)
BJ (gapup-possible profit taking on the open and opportunity for shorting)

Premarket gainersPCBC +69%AGQ +7%URRE +6%LLNW+5%BJ +5%AU +5%DEER +4%HL +4%ING +4%.
SMT -23%CAGC -15%FEED -13%AONE -11%ZSL -6%IVZ-6%ARCC -4%CPB -4%IGT -4%


Cimatron Ltd. (CIMT 2.00+0.22+12.36%) shares rose 6.2% before the opening bell. The Givat Shmuel, Israel-based provider of computer-aided-design solutions swung to third-quarter profit of 4 cents a share from a loss of 8 cents in the prior year. Adjusted profit was 10 cents a share, a reversal from the prior year’s loss of 6 cents.
Prospect Capital Corp.(PSEC 10.75+0.25+2.38%) shares climbed 10% in the premarket. The New York closed-end investment firm reported that for the quarter ended Sept. 30, net investment income rose to 28 cents a share from 25 cents a year earlier. The company also estimated the figure for the quarter to Dec. 31 at 26 cents to 30 cents a share.
Sunesis Pharmaceuticals Inc.(SNSS 0.34+0.03+10.39%) shares jumped 21% in premarket trading. The South San Francisco biotech firm reported progress in Phase II clinical trials of vosaroxin combined with the chemotherapy cytarabin as a potential treatment for chronic myeloid leukemia.
VCG Holding Corp. (VCGH 2.19+0.33+17.74%) added 7% in the premarket. The Denver operator of adult nightclubs definitively agreed to be acquired for $2.25 a share by its chief executive and its president. The deal price is 42% above the close on July 20, when the company received a non-binding proposal for the deal, and 22% above Tuesday’s close of $1.85.


AgFeed Industries Inc. (FEED 2.65-0.48-15.34%) shares slumped 20% before the market opened Wednesday. The New York agribusiness firm operating in the U.S. and China swung to a third-quarter loss of 43 cents a share from year-earlier profit of 7 cents The company wrote down the value of the intangible assets of its Chinese hog-production business by $16.8 million.

A123 Systems (AONE 8.85-1.09-10.97%) shares gave up 10% before the open. The Watertown, Mass., producer of lithium-ion batteries reported a third-quarter net loss that widened to $43.7 million from $22.8 million and said it moved back its plan to boost production to the second quarter of 2011 from the fourth quarter of 2010.
International Game Technology(IGT 15.75-0.57-3.49%) shares dropped 8.9% before trading opened. The Las Vegas producer of gambling equipment swung to fourth-quarter net income of 7 cents a share from a loss of 10 cents a share in the final three months of fiscal 2009. Adjusted profit from continuing operations was 18 cents in both periods. Revenue fell 3.2% to $496 million.
Smart Technologies Inc.(SMT 9.85-3.22-24.64%) (CA:SMA 13.300.000.00%) shares declined 16% in the premarket. The Calgary provider of collaboration solutions reported second-quarter profit fell 22% to US$44.3 million, or 38 cents a share. Smart is “factoring in a more conservative growth assumption for the North American market” in its forecast for the second half of the current fiscal year.

Cousins Prop CUZ Stifel Nicolaus Hold » Buy $9
Thermo Fisher TMO Auriga U.S.A Hold » Buy $50 » $66
Advance Auto AAP Oppenheimer Underperform » Perform $49 » $75
Brookdale Senior Living BKD Morgan Keegan Mkt Perform » Outperform $17.50 » $24

Anworth Mortgage ANH FBR Capital Outperform » Mkt Perform $8 » $7
Charles Schwab SCHW FBR Capital Outperform » Mkt Perform $17
APAC Cust Svc APAC Robert W. Baird Outperform » Neutral $7 » $6
GeoEye GEOY Merriman Buy » Neutral

Wednesday's economic calendar:
7:00 MBA Mortgage Applications
8:30 Trade Balance
8:30 Initial Jobless Claims
8:30 Import/Export Prices
10:30 EIA Natural Gas Inventory
11:00 EIA Petroleum Inventories
1:00 PM Results of $16B, 30-Year Note Auction
2:00 PM Treasury Budget 

Notable earnings after Tuesday's close: AONEIGTMBI
Notable earnings before Wednesday's open: CSCM
Notable earnings after Wednesday's close: CSCO

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