Jul

11

2005

Notable Earnings For July 12th: Rocky Mountain Chocolate (RMCF), Horizon Health (HORC) and Universal Forest Products (UFPI)

I will have my eye on the earnings report out of Rocky Mountain Chocolate (RMCF) tomorrow after the bell.  It’s hard to imagine that a chocolate maker could increase more than 500% in the past two years and it looks as though there is room to run.  It’s a very small company still rapidly expanding.  The stock broke out of another base back on June 14th and never looked back, surging 40% from the breakout point. Traders are taking  profits today ahead of earnings and the stock has taken a bit of a hit today with an 7% decline on volume.

Two other notable earnings will be reported before the bell tomorrow morning – Horizon Health (HORC), a highly rated manager of psychiatric and physical rehabilitation programs and Universal Forest Products (UFPI), a leading manufacturer, distributor and and installer of lumber, composite, plastic and other building materials.  The thinly traded stock made a big move today and broke out to all time highs on very heavy volume.  Is someone expecting a blow out earnings report tomorrow?