Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Two Ways: Hot Topic Is, Well, a Hot Topic


Strengthen your portfolio in good times and bad.

Shares of Hot Topic (HOTT) are up in afterhours trading. The teen-clothing maker raised its first-quarter guidance and said same-store sales rose 7.1% in March, above consensus expectations of 5.3%. This same period a year earlier, Hot Topic posted a 3.5% decline in same-store sales.

For the first quarter, the company expects to post profits in the range of $0.01 to $0.02 a share. Analysts are expecting profits of a penny a share. The company's previous guidance was in the range of -$0.01 to $0.01 per share.

The shares were bid up another 2.5% in after hours trading, after gaining 9% in the regular session.

As we progress through earnings season, it may be a good time to check out Toddo's Ten Trading Commandments.

From the Bull Pen: Impressive 180-degree reversal in HOTT. Bulls would be wise not to chase, but to buy the pullback. And a prudent sell stop can be set 2% below entry.

From the Bear Cave: Is the Retail Holders Trust (RTH) ready for a corrective move? Watch for the response while the rest of the retail sector reports same-store sales tomorrow. If the numbers are positive -- and it can't get a lift 00 it could be time for a pullback.

One more day, Minyans! Goodnight!

In memory of our fallen friend and trusted colleague, Bennet Sedacca, 100% of the donations made to the RP Foundation through April will be channeled to philanthropic endeavors consistent with the RP mission, working closely with the Sedacca clan in the distribution of those funds. We thank you kindly for your support as we strive to effect positive change in the lives of children.

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos