Market Currents

• Tuesday, December 22, 2009

• 09:05 AM Premarket gainers: SHS +17%. AMKR +8%. AVII +7%. NBG +6%. JBL +6%. EXXI +6%. APWR +5%. STEC +5%.
  Premarket losers: AIB -7%. MKND -5%. TTWO -5%. Comment!

• Wednesday, November 4, 2009

• 10:46 AM STEC (STEC -31%) takes a beating despite a better than expected Q3 bottom line, after the flash memory storage products maker warned its top customer, EMC (EMC), would carry its 2009 inventory into 2010. Still, with 50% short interest and the stock more than halved from its peak, some smell a buying opportunity. 4 Comments
• 09:00 AM Premarket gainers: GNVC +36%. ABK +26%. PACR +25%. IRE +20%. ACAS +18%. AIB +11%. MBI +9%. PMI +8%. ARNA +7%. HIG +7%. RDN +6%. EXM +6%. ALU +6%. MPEL +6%. XOMA +5%. IBN +5%. MGM +5%. GRMN +5%. DRIV +4%. FAS +4%. FRE +4%. RCL +4%. ING +4%. VGZ +4%.
  Losers: STEC -31%. VG -8%. CVM -6%. CCI -6%. BHI -4%. Comment!

• Tuesday, November 3, 2009

• 16:42 PM STEC (STEC): Q3 EPS of $0.50 beats by $0.03. Revenue of $98M (+54%) vs. $97M. Shares -29.2% AH. (PR) 1 Comment
• 00:10 AM Notable postmarket earnings: ACAS, ANH, AUY, CBL, CCI, CNW, DISCA, DRIV, EXM, HIG, KFT, ONXX, PXD, STEC, UNM, VVUS, XCO Comment!

• Thursday, August 6, 2009

• 09:00 AM Premarket losers: OCNF -17%. EAT -14%. PCS -11%. BKE -11%. EXM -11%. ANPI -10%. KLIC -9%. DPTR -8%. IO -7%. DCP -7%. INO -5%. OSK -5%. STEC -5%. ACAD -5%. CNQR -4%. TKC -4%. EGLE -4%. ARO -4%. Comment!

• Monday, August 3, 2009

• 16:22 PM STEC (STEC): Q2 EPS of $0.42 beats by $0.08. Revenue of $86M (+54%) vs. $83M. Sees Q3 EPS of $0.45-0.47 vs. $0.39. Files to sell 7.5M shares of common stock. Shares -10.5% AH. (PR) Comment!
• 00:10 AM Notable earnings after Monday's close: APC, ARNA, ATML, AXS, CHK, CRK, CTX, EXR, FST, HOLX, PFG, PHM, STEC, VMC, WMS Comment!

• Tuesday, July 7, 2009

• 17:20 PM Stocks Chris Retzler, who manages Needham's Small Cap Growth Fund, likes: IPG Photonics (IPGP), MKS Instruments (MKSI), STEC (STEC), Seagate (STX), and Xyratex (XRTX). Doesn't like: industries that have high union exposures, significant leverage and large pension obligations. Comment!

• Tuesday, May 12, 2009

• 09:00 AM Premarket gainers: CNB +38%. FCL +36%. STEC +32%. FTBK +19%. CTRP +18%. ICO +16%. WINN +16%. BCON +14%. MBI +11%. HUN +11%. PMI +10%. JRCC +10%. MEE +8%. INCY +8%. DPTR +8%. PCX +8%. ACI +7%. UCBH +7%. ABK +7%. LEA +6%. CNO +6%. KOG +6%. BQI +6%. TXT +6%. AMD +5%. DRYS +5%. HBAN +5%. FLR +5%. ARMH +5%. Comment!

• Monday, August 4, 2008

• 08:33 AM SimpleTech (STEC): Q2 EPS of $0.09 beats by $0.01. Revenue of $56.2M (+28.6%) vs. $53.2M. Shares +10%. [PR] Comment!
• 00:05 AM Notable earnings before Monday's open: CTB, DISH, HUM, ICE, MDU, SBAC, SIX, STEC Comment!