EPS100Momentum (69.74)

SGY crushes estimates:

November 03, 2009 – Comments (1) | RELATED TICKERS: SGY

Stone Energy Corporation Announces Third Quarter 2009 Results * Press Release * Source: Stone Energy Corporation * On 4:05 pm EST, Tuesday November 3, 2009 * Companies: o Stone Energy Corp. LAFAYETTE, La., Nov. 3 /PRNewswire-FirstCall/ -- Stone Energy Corporation (NYSE: SGY - News) today announced net income of $51.1 million, or $1.06 per share, on operating revenue of $202.7 million for the third quarter of 2009 compared to net income of $34.1 million, or $1.04 per share, on operating revenue of $172.4 million for the third quarter of 2008. For the nine months ended September 30, 2009, Stone reported a net loss of $147.6 million, or $3.45 per share, on operating revenue of $515.1 million compared to net income of $179.2 million, or $5.97 per share, on operating revenue of $634.9 million during the comparable 2008 period. All per share amounts are on a diluted basis.

I wrote earlier: 

November 03, 2009 – Comments (1) | RELATED TICKERS: SGY

SGY was $19+ on October 16th but has shown major weakness ahead of earnings tonight down -$3/shr since then now trading $16+

Keep this on your radar tonight it could snap back up above $19+ and head into the $20's easily if it beats tonight especially considering its down -$3/shr in last 2 weeks.