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Piper Jaffray Reiterates PCLN As Top Large Cap Travel Pick
Friday, March 11, 2011 - 8:31am | 158In its U.S. online travel guide, Piper Jaffray reports that the “outlook for the domestic hotel industry continues to be positive, with Smith Travel research expecting 4%/7% room rate improvement in 2011/2012 from flat in 2010, which should benefit the OTAs.” “Preliminary industry hotel RevPAR in...
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Netflix Now Up Nearly 5% (NFLX)
Thursday, March 10, 2011 - 2:19pm | 91Netflix, Inc. (NASDAQ: NFLX) today is working extremely well, despite the broader indexes selling off sharply. At last check, shares of Netflix were up nearly 5%, to $201.86, a gain of of $8.87 on 9 million shares. Earlier in the week it was announced that Time Warner (NYSE: TWX) would be...
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JDS Uniphase, Netflix Rallying Despite Market Drop (JDSU, NFLX)
Thursday, March 10, 2011 - 12:36pm | 101Despite the sea of red in the markets on Thursday, a number of stocks are actually moving higher. Among them are high fliers JDS Uniphase (NASDAQ: JDSU) and Netflix (NASDAQ: NFLX). Both of these stocks have been pulling back in recent trading sessions, but investors are accumulating the shares...
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Netlist Surge Explained (NLST)
Thursday, March 10, 2011 - 12:22pm | 87Shares in Netlist, Inc. (NASDAQ: NLST) surged on rumors of a deal with Amazon (NASDAQ: AMZN). At last check, shares of Netlist were up 37 cents to $2.70, a gain of just under 16%. Netlist, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of memory subsystems for...
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UPDATE: Benchmark Raising Its Price Target On IAC/InterActiveCorp (IACI)
Thursday, March 10, 2011 - 9:11am | 124Benchmark Capital is raising its price target on shares of IAC/InterActiveCorp (NASDAQ: IACI) to $34 from $31, but remains the rating at Hold. In a note to clients, Benchmark writes, "IAC's operational performance has improved steadily. IAC is likely to make further progress due to the operational...
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Piper Jaffray Overweight On Netflix (NFLX)
Thursday, March 10, 2011 - 8:41am | 154Piper Jaffray has an Overweight rating and a $240 price target on shares of Netflix (NASDAQ: NFLX). In a note to clients, Piper Jaffray writes, "Q1 web traffic data from ComScore suggests that Netflix sub adds are trackingslightly ahead of our estimates. The web traffic data for Netflix.com in the...
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How Rising Oil Prices Could Hurt the U.S. Economic Recovery
Wednesday, March 9, 2011 - 11:26am | 710Gas prices are rising swiftly and many consumers are seeing prices of $3.50 or more at the pump. Many analysts are projecting that oil may rise above $4 a gallon over the next few weeks, and experts are divided on what is causing a run-up in prices. Some believe that it is speculation while others...
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Fast Money Pops & Drops, March 8th (BWLD, S, HIBB, DKS, EXPE, PHM, DMND)
Tuesday, March 8, 2011 - 9:41pm | 390Joe Terranova said on CNBC's Fast Money that he likes Buffalo Wild Wings (NASDAQ: BWLD) story, but he wouldn't buy it at its current price. He would buy this stock below $50. Buffalo Wild Wings (BWLD) gained 4.03% today, and it closed at $53.49. Carter Worth thinks that you should sell Sprint...
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Someone is Finally Making Money Shorting Netflix (NFLX)
Tuesday, March 8, 2011 - 4:05pm | 828After torching short sellers for seemingly years on end, it might be ironic that Netflix (NFLX) topped within days of the date (Feb 10th) famed fund manager Whitney Tilson finally threw in the towel on his unsuccesful short. The stock peaked 4 days later. This morning's news that Facebook is...
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What's So Special About Facebook Movies? (NFLX, AMZN)
Tuesday, March 8, 2011 - 3:57pm | 681Movies are now on Facebook. Do you care? In the world of me-too strategies, this announcement does not seem to be worth the buzz that it has received this morning. What are the odds that Facebook's avid users – the people who come to the service for more than status updates – haven't seen The Dark...
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Netflix (NFLX) Breaks $200 and 50-Day Moving Average
Tuesday, March 8, 2011 - 3:05pm | 123Even with the Nasdaq up 23 points intraday, Netflix (NFLX) -- with its new competition du jour, Facebook -- is down more than 5%. The stock has had a number of big down days over the last few weeks as it has fallen more than $50/share, but today'... Go to http://SwingTradingDaily.com for full...
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Mardi Gras for the Markets
Tuesday, March 8, 2011 - 2:38pm | 123Even with the Nasdaq up 23 points intraday, Netflix (NFLX) -- with its new competition du jour, Facebook -- is down more than 5%. The stock has had a number of big down days over the last few weeks as it has fallen more than $50/share, but today'... Go to http://SwingTradingDaily.com for full...
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Netflix Plunging 5% (NFLX)
Tuesday, March 8, 2011 - 2:20pm | 85Netflix, Inc. (NASDAQ: NFLX) shares continue to plunge, down more than 5% today on reports that Facebook is going to be entering the video on demand market. At last check, shares of Netflix were taking a beating, down more than $11 to $196.31, a loss of 5.1% on just over 6 million shares. This is...
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S&P 500′s Shrinking Trading Range
Tuesday, March 8, 2011 - 1:57pm | 123Even with the Nasdaq up 23 points intraday, Netflix (NFLX) -- with its new competition du jour, Facebook -- is down more than 5%. The stock has had a number of big down days over the last few weeks as it has fallen more than $50/share, but today'... Go to http://SwingTradingDaily.com for full...
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Netflix Breaks $200; Watch Out Below? (NFLX)
Tuesday, March 8, 2011 - 11:41am | 90Netflix (NASDAQ: NFLX) has broken the $200 level on Tuesday, losing 4.45% to $198.27. Volume is very heavy. This could be the day that NFLX cracks and we see a significant washout. Short-sellers have been gunning for this name for a long time, and most have burned. This could, however, be the...