How Professional Trader Trade Top Loser Stocks (RBCN, PQ, SGMS, TDS)

Los Angelas, CA -- (SBWIRE) -- 11/08/2012 -- Rubicon Technology (Nasdaq:RBCN) recently reported its Earnings. For the quarter ended Sep. 30 (Q3), Rubicon Technology met expectations on revenues and beat expectations on earnings per share. Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share dropped significantly. The profit was a surprise, as analysts had predicted a loss. Margins dropped across the board. Rubicon Technology booked revenue of $19.9 million. The 12 analysts polled by S&P Capital IQ wanted to see a top line of $19.7 million on the same basis. GAAP reported sales were 41% lower than the prior-year quarter's $33.6 million. EPS came in at $0.01. The 11 earnings estimates compiled by S&P Capital IQ averaged -$0.03 per share. GAAP EPS of $0.01 for Q3 were 97% lower than the prior-year quarter's $0.35 per share. The stock has a two-star rating (out of five) at Motley Fool CAPS, with 156 members out of 189 rating the stock outperform, and 33 members rating it underperform. Among 42 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give Rubicon Technology a green thumbs-up, and 12 give it a red thumbs-down.

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Shares of Petroquest Energy (NYSE:PQ) are trading at $5.03 and is -22.52% from its 50-day Moving Average price of $6.4921 and -12.79% from its 200-day Moving Average price of $5.7677. The average trading volume is 500233 shares and its market capitalization is $322.7M. PetroQuest Energy, Inc. (PQ) announced today net loss available to common stockholders for the quarter ended September 30, 2012 of $38,639,000, or $0.62 per share, compared to third quarter 2011 net income available to common stockholders of $3,727,000, or $0.06 per share. For the first nine months of 2012, the Company reported net loss available to common stockholders of $111,767,000, or $1.79 per share, compared to net income available to common stockholders of $2,579,000, or $0.04 per share, for the first nine months of 2011. Net loss for the three and nine month 2012 periods included ceiling test writedowns totaling $35,391,000 and $108,987,000, respectively.

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Shares of lottery game maker Scientific Games (Nasdaq:SGMS ) fell 15%, after reporting earnings. In the third quarter, revenue rose 2.1% to $227.5 million, but that fell well short of the $233.2 million analysts expected. The company reported a $27.1 million loss but on an adjusted basis loss per share was $0.08. That was far below the $0.07 per share profit analysts expected. Weak sales in China were blamed for the earnings miss as competition enters the market there. Looking at the company's history, we now have four straight quarters of earnings misses and two straight big losses on a GAAP level. I'm staying away from this unprofitable company, because I just don't see a good long-term value proposition going forward. Scientific Games (NasdaqNM:SGMS) is -1.38 - -16.61% from the previous close of $8.31. It traded between $6.72 - 7.81 with total traded volume of 1776299 shares. Keep a close eye on SGMS, as the stock has been showing unusual moves over the past weeks. At Current market price, SGMS has recovered +25.32% from its 52-week Low of 5.53 and has Pulled back -47.02% from its 52-week high of 13.08.

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Shares of Telephone & Data Systems (NYSE:TDS) have dropped by as much as 15% after the company reported earnings. Total operating revenue came in at $1.37 billion, a modest increase of 3%. Earnings per share of $0.27 fell far short of the $0.43 per share that investors were expecting. CEO LeRoy T. Carlson, Jr. said profitability was hurt by increasing smartphone subsidies, declining regulatory support and investment spending. The company's U.S. Cellular business unit also announced that it was selling spectrum and customers to Spring Nextel (NYSE:S). TDS also narrowed its guidance ranges and now expects U.S. Cellular service revenue in the range of $4.07 billion to $4.13 billion. Telecom operating revenue should be in the ballpark of $850 million to $860 million.

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