Market Summary

 

Earning Reports

Total Companies: (171) Stock Center View

Symbol Price EPS
Est.
Reporting
Time
GRA 0.74 06:00 am ET
IR 0.26 07:00 am ET
FDML 0.35 07:30 am ET
NSC 1.15 08:00 am ET
AVY 0.66 08:30 am ET
SYK 1.08 4:00 pm ET
TCBI 0.73 4:00 pm ET
TQNT -0.11 4:00 pm ET
FFIV 1.25 4:05 pm ET
AAPL 10.18 4:30 pm ET
CHDN 0.01 4:30 pm ET
TER 0.07 5:00 pm ET
AHL 1.07 After Mkt
AIZ 1.54 After Mkt
ALGN 0.35 After Mkt
ANGI -0.06 After Mkt
ASGN 0.25 After Mkt
AVB 1.63 After Mkt
AWH 2.12 After Mkt
BLMT N/A After Mkt
BRKL 0.14 After Mkt
CAKE 0.49 After Mkt
CBI 1.10 After Mkt
CCI N/A After Mkt
CLB 1.45 After Mkt
CLW 0.66 After Mkt
COBZ 0.16 After Mkt
CSGP 0.64 After Mkt
CTXS 0.59 After Mkt
CVBF 0.22 After Mkt
DAVE 0.16 After Mkt
EFX 0.87 After Mkt
EGBN 0.46 After Mkt
ELY 0.45 After Mkt
ETFC 0.23 After Mkt
EXPO 0.57 After Mkt
FB 0.24 After Mkt
FIBK 0.43 After Mkt
FIO -0.09 After Mkt
FISI 0.45 After Mkt
FLS 0.75 After Mkt
FNB 0.19 After Mkt
FNLC N/A After Mkt
FR 0.27 After Mkt
FTNT 0.09 After Mkt
GGG 0.82 After Mkt
GHL 0.25 After Mkt
GRT 0.17 After Mkt
HAWK 0.05 After Mkt
IBKC 0.80 After Mkt
IM 0.48 After Mkt
INFN -0.01 After Mkt
IPCM 0.64 After Mkt
ISSC 0.05 After Mkt
KALU 0.82 After Mkt
LHO 0.30 After Mkt
LPLA 0.72 After Mkt
LRCX 1.17 After Mkt
MCRI 0.23 After Mkt
MKTX 0.46 After Mkt
MORN 0.67 After Mkt
NEU 5.32 After Mkt
NOW -0.08 After Mkt
NXPI 0.91 After Mkt
OII 0.80 After Mkt
ORLY 1.58 After Mkt
PDH 0.33 After Mkt
PEI 0.46 After Mkt
PLCM 0.15 After Mkt
PTC 0.46 After Mkt
QCOM 1.22 After Mkt
QDEL 0.30 After Mkt
RE 5.33 After Mkt
RHI 0.44 After Mkt
RJF 0.77 After Mkt
RMD 0.64 After Mkt
SCI 0.26 After Mkt
SFG 1.23 After Mkt
SIFI N/A After Mkt
SIGI 0.17 After Mkt
SLG 1.37 After Mkt
SPNC -0.14 After Mkt
SUSQ 0.21 After Mkt
SWY 0.18 After Mkt
SXC -0.01 After Mkt
SXCP 0.57 After Mkt
SYA 0.41 After Mkt
TAL 0.96 After Mkt
TBBK 0.28 After Mkt
TILE 0.13 After Mkt
TSC 0.15 After Mkt
TSCO 0.37 After Mkt
TXN 0.41 After Mkt
TYL 0.41 After Mkt
UFI 0.20 After Mkt
USTR 0.57 After Mkt
VAR 1.03 After Mkt
WSTC 0.65 After Mkt
XLNX 0.55 After Mkt
ZNGA -0.01 After Mkt
ABG 0.86 Before Mkt
AMTD 0.34 Before Mkt
APD 1.35 Before Mkt
APH 0.95 Before Mkt
BA 1.56 Before Mkt
BABY 0.23 Before Mkt
BCC 0.24 Before Mkt
BEAV 1.01 Before Mkt
BIIB 2.56 Before Mkt
BMRC 0.70 Before Mkt
BPOP 0.66 Before Mkt
CBZ 0.38 Before Mkt
CFR 0.98 Before Mkt
DAL 0.29 Before Mkt
DOW 0.71 Before Mkt
DPS 0.59 Before Mkt
EAT 0.83 Before Mkt
EMC 0.35 Before Mkt
ENTG 0.13 Before Mkt
EVR 0.51 Before Mkt
GCI 0.46 Before Mkt
GD 1.64 Before Mkt
GNTX 0.45 Before Mkt
HERO 0.13 Before Mkt
JAKK -0.76 Before Mkt
JCI 0.65 Before Mkt
JMP 0.16 Before Mkt
KNX 0.23 Before Mkt
LECO 0.90 Before Mkt
MAN 0.68 Before Mkt
MDCO -0.07 Before Mkt
MHH 0.22 Before Mkt
MNI N/A Before Mkt
MPX 0.07 Before Mkt
MTH 0.64 Before Mkt
NEO 0.00 Before Mkt
NOC 2.15 Before Mkt
NOR -0.19 Before Mkt
NORD N/A Before Mkt
NS 0.36 Before Mkt
NSH 0.34 Before Mkt
OC 0.36 Before Mkt
OCR 0.90 Before Mkt
PB 0.99 Before Mkt
PG 1.02 Before Mkt
PII 1.16 Before Mkt
PLMT N/A Before Mkt
PPBI 0.24 Before Mkt
PX 1.51 Before Mkt
R 0.87 Before Mkt
RAI 0.74 Before Mkt
RES 0.21 Before Mkt
ROL 0.18 Before Mkt
SEIC 0.40 Before Mkt
SIX -0.67 Before Mkt
SVU 0.15 Before Mkt
TDY 1.13 Before Mkt
TEL 0.91 Before Mkt
TMO 1.40 Before Mkt
TUP 1.17 Before Mkt
UTL 0.84 Before Mkt
VSB 0.06 Before Mkt
WAB 0.80 Before Mkt
ALGT 1.79 Unknown
COLB 0.41 Unknown
EML N/A Unknown
FFNW N/A Unknown
MKSI 0.42 Unknown
NMM 0.17 Unknown
RCKY 0.12 Unknown
UVSP 0.30 Unknown

Today's Earnings Stocks Highlights

Symbol Name Last Change Volume EPS
Est.
Reporting
Time
Market
Cap
AAPL Apple Inc. 529.29 -2.41 (-0.45%) 2.26M 10.18 4:30 pm ET 472.10B
PG Procter & Gamble Co. 79.87 -0.74 (-0.91%) 3.30M 1.02 Before Mkt 216.60B
QCOM QUALCOMM Incorporated 80.38 -0.23 (-0.29%) 2.04M 1.22 After Mkt 135.90B
← American Airlines Got Grounded Extreme Return Naked Put Options →

Shutterfly - Trying to Fly with Broken Wings

Posted on 2011-12-08 by Daniel Ho

Broken WingsWhen we wrote the last article on Shutterfly (NASDAQ: SFLY), its stock just got whacked by news that Apple (NASDAQ: AAPL) unrolled its Cards app for iPhone 4S, which allows users to take pictures and then send out physical picture cards to their families and friends. The stock recovered mightily at the end of that date, showing a great hammer pattern, and then proceeded to rise from $40/share to almost $50/share in the next three weeks. It again illustrated how difficult it is to short stocks, although we did add a little more shorting during that time.

When we first started shorting Shutterfly, we started around the mid-fifies. At that time, the street still had high hopes on SFLY, but a great numbers of insiders were already unloading their shares. Started wIth a slightly disappoint earnings report in July, investors were still hoping that the company would do well going into Christmas season. That's also when the Apple news hit in early October but then the stock rose again. However, once the Q3 earnings was in, investors noticed that they had placed too much hope in the company just because it has the keywords 'technology' and 'retail' in its business. The stock was all downhill from there.

The stock took another big hit on November 30th when it mentioned that its margin was squeezed by other online photo retailers' agressive price cut such as HP's (NYSE: HPQ) Snapfish. Subsequently, the stock is now trading at $27.81/share.

With 2011 coming to a close, we believe that fund managers will put selling pressure on SFLY, as they sell losers and buy winners for year end window dressing. However, the big shorting opportunity for SFLY has passed, and although we may short more SFLY for its technical weakness, we will also keep a tighter stop in case the stock is poised for a rebound.

This article originally appears on benzinga.com

← American Airlines Got Grounded Extreme Return Naked Put Options →

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