Posts for Ticker ‘SLRY’

The 52-Week Low Club (UNH)(CNB)(SSTR)(SLRY)

Unitedhealth Group (UNH) Concerns about healthcare cost cuts still bother stock. Drops to $31.50 from 52-week high of $59.46.

The Colonial BancGroup (CNB) No bad news. Just part and parcel of being a bank. Down to $7.18 from 52-week high of $25.50

Silverstar (SSTR) Unpleasantness over quarterly report. Sells off to $.72 from 52-week high of $5.48.

Salary.Com (SLRY) Quartely loss and downgrades. Slips to $3.88 from 52-week high of $16.32.

Douglas A. McIntyre

Posted on: May 15, 2008 – 2:55 pm in HI/LOW, , , ,

Top 10 Pre-Market Analyst Calls (CEL, EVEP, GMT, ITRN, CEC, LDG, NSM, SLRY, ELOS, TIVO)

Analyst coverage is looking pretty thin on individual calls this morning, but here are ten of the analyst calls we are looking at this Thursday morning:

  • Cellcom Israel (NYSE: CEL) raised to Buy at Jefferies.
  • EV Energy (NASDAQ: EVEP) started as Buy at Citigroup.
  • GATX (NYSE: GMT) Raised to Outperform from Market Perform at Morgan Keegan.
  • Ituran Location and Control (NASDAQ: ITRN) raised to Overweight at JPMorgan.
  • CEC Entertainment (NYSE: CEC) cut to Hold at KeyBanc Capital Markets.
  • Longs Drug Stores (NYSE: LDG) Started as Buy at UBS.
  • National Semiconductor (NYSE: NSM) cut to Neutral at Merrill Lynch.
  • Salary.com Inc. (NASDAQ: SLRY) Cut to Market Perform from Outperform at Wachovia.
  • Syneron Medical (NASDAQ: ELOS) raised to Buy at Merriman Curhan Ford.
  • TiVo (NASDAQ: TIVO) Raised to Market Perform at FBR.

Jon C. Ogg
May 15, 2008

Posted on: May 15, 2008 – 6:43 am in Analyst Calls, , , , , , , , , ,

The 52-Week Low Club (EVVV)(GLS)(RVBD)

4 Kids Entertainment Inc. (NYSE: KDE) not looking so hot, hitting new low of $8.97 today. The 52-week range is $9.33 to $19.90.  Shares bottomed at  $8.94

ev3, Inc. (NASDAQ: EVVV) decreased its quarter outlook today, hitting a new all-time low of $7.32. The medical device maker has a 52-week range of $7.36 to $21.54. Shares bottomed at $7.32

Genesis Lease Limited (NYSE: GLS) down to a new low of $13.39 today. This aircraft leasing company isn’t flying so high. The 52-week range is $13.91 to $28.61. Shares bottomed at $13.39

Lincare Holdings Inc. (NASDAQ: LNCR) down on with the rest on no new developments. Shares hit a new low of $27.03. The 52-week range is $27.31 to $40.91. Shares bottomed at $27.

Riverbed Technology, Inc. (NASDAQ: RVBD) hit a new low today on no news. This wide-area distributed computing solution provider needs to look for better solutions. Shares closed down by $12.33 on a 52-week range of $12.71 to $52.81.

Salary.com (NASDAQ: SLRY) also feeling the market woes. With so many losing jobs, no wonder a people aren’t buying compensation software.  The company hit a new low of $5.27 on a 52-week range of $5.35 to $16.32. Shares closed down at $5.35.

Douglas A. McIntyre

Posted on: April 7, 2008 – 3:02 pm in HI/LOW, , , , , ,

The 52-Week Low Club (AMGN, AU, BGP, HB, IP, JBL, MOT, HOOK, RVBD, SLRY)

This week felt like a yo-yo of volatility, and frankly that makes it even better that it was a 4-day work week for the stock market.  Despite the huge rally today that was led by the financials, there were plenty of shares that hit the wall of shame on the 52-week low list.  Not all of these closed under their 52-week lows, but the list was far larger than one would guess for the way the market acted today.

  • Amgen (NASDAQ: AMGN) just keeps going and going.  This broke under $40.00 today as life gets uglier and uglier for anemia drugs. Got back above $40.00 late in the day so it doesn’t look like a low close.
  • Anglogold Ashanti (NYSE: AU) bit the dust with gold prices lower again.  Under $31.00 late in the day; prior range $31.88 to $51.35.
  • Borders Group (NYSE: BGP) bit the dust.  Shares fell sharply after its earnings report.  It’s killing the dividend and "reviewing strategic alternatives." Down 35% late in day at $4.56; prior range $6.90 to $24.15.
  • Hillenbrand (NYSE: HB) hit the list too, although this is sellers unloading before it breaks itself into two at the end of the month.  This is likely just sellers getting out ahead of what they think may be an uncertain event.  Shares down close to $48.00 late in day; prior range $48.40 to $69.45.
  • International Paper (NYSE: IP) is now down to under $27.00. Wasn’t this just at $40.00 a few months ago?  Cyclical business, down 2% late at $26.87; prior range $27.44 to $41.57.
  • Jabil Circuits (NYSE: JBL) looked pretty bad today down almost 6% to $11.51 late in day with prior range $12.02 to $26.18.  Trailing P/E still high.
  • Motorola (NYSE: MOT) wouldn’t be fair to leave off the list… again.. shares traded under $9.00.  Carl Icahn has to be furious that he stayed here.  The good news is that croaker-granola got back above prior $9.12 low to $9.20 at 3:30 PM EST.
  • Redhook Ale (NASDAQ: HOOK) fell over 10% and $5.00 is getting farther and farther away with shares at $4.35 late in day; prior low was $4.55… Maybe we should have some Redhook ale this long weekend to help[ them out.
  • Riverbed Tech (NASDAQ: RVBD) traded down to under $15.00 today before recovering.  Shares were at $15.20 late in the day and the prior 52-week trading range was $15.16 to $52.81.
  • Salary.com (NASDAQ: SLRY) is one we should have stuck with on our short-sell call in "10 Stocks Under $10" as it came back down.  Shares down to $6.32 late in day with prior 52-week trading range of $6.37 to $16.32.

Next week is a full week, and you know there will be more 52-week lows being put in regardless of what the market does.  Stay tuned!

Jon C. Ogg
March 20, 2008

Posted on: March 20, 2008 – 2:41 pm in HI/LOW, , , , , , , , , ,

The 52-Week Low Club (AMLN, ARRS, AU, ED, GCI, IACI, IUSA, PCG, SLRY)

Amylin Pharmaceuticals Inc. (NASDAQ: AMLN) is becoming a regular in this club. Yet another low of $28.02 intraday from a high of $53.25. It actually closed at $28.62, so it closed above the prior $28.41 low.

Arris Group Inc. (NASDAQ: ARRS). After an 86% drop in profit, shares plunge, targets are cut, and analysts downgrade, Arris lost 30% today and closed down at $5.50 from a former low of $6.91. The 52 week high is $17.89.

AngloGold Ashanti Ltd. (NYSE:AU)  A gold stock on the 52-week lows? Power issues prevail over high commodity prices… ouch! Trading at $33.75. The 52 week range is $33.80 to $51.35.

Consolidated Edison Inc. (NYSE:ED). $10 million lawsuit in the working from a mid-summer accident. Shares  down to $42.40, but $41.96 was the intraday low. The 52 week range is $42.35 to $52.90.

Gannett Co., Inc. (NYSE: GCI). It’s amazing when even a Warren Buffet stake won’t help a newspaper. Shares down to $31.90, prior 52-week range $31.97 to $63.50.

IAC/InteractiveCorp. (NASDAQ: IACI) has been under review for our special situations letter, although it has not yet been added with any formal recommendations. Shares actually closed up marginally at $21.88 after falling down to a low of $21.56; with a 52 week range of $21.80 to $52.90.

infoUSA Inc. (NASDAQ: IUSA) With such a lame Super Bowl commercial, what else could one ask for? Trading in at $7.82, but it traded as low as $7.50 today; preior range was $7.76 to $11.30.  We recently panned this one for our "10 Stocks Under $10" letter ahead of the big game.

PG & E Corp. (NYSE: PCG). As a reward for awards for environmental stewardship, this utility is given a new low. Trading at $39.85 it closed up marginally at the end of the day, but it saw $39.19 earlier today; 52-week trading range is $39.45 to $52.17.

Salary.com, Inc. (NASDAQ: SLRY).  We featured Salary.com on our "10 Stocks Under $10" letter as one of the worst ideas for an IPO of internet stocks and having potentially a fair value of $5 to $6 per share. Today, it reached a new low of $8.00 after a late morning nose-dive before coming back to close "only" down 2.8% at $8.32. The prior 52-week range was $8.31 to $16.32.

Douglas A. Mcintyre
February 15, 2008

Posted on: February 15, 2008 – 6:28 pm in HI/LOW, , , , , , , , ,