Stocks to watch on Wednesday:Glu Mobile (GLUU) - thought the stock might pause, but Glu Mobile rallied 5% on Tuesday. At this point. Glu Mobile is position and valued to test the $6 levels last reached in 2015. Either way, no desire to exit this gain yet. IBM (IBM) - the tech giant smashed revenue estimates. IBM still reported a revenue decline for the 22nd consecutive quarter, but the company appears poised to break that string in Q4. The stock is still cheap at $155 as the market caught got too focused on revenues and not cash flows. Sprint (S)/T-Mobile (TMUS) - SunTrust Robinson agrees that all the discussions about a merger appear fanciful. Analyst Greg Miller thinks the DoJ won't approve the wireless market shrinking to three primary carriers. This thesis reinforces my opinion that Sprint in a dangerous stock to own. The company continues to make desperate attempts to merge with T-Mobile. The deal only gets done when Sprint is down and out and T-Mobile must rescue the wireless operator. Either way, Sprint isn't negotiating from strength and the stock isn't going to see much upside until the deal gets a positive nod from the DoJ. Click on the Sign in/Sign up button in the top right corner to join for free to comment on your stock moves for tomorrow. Click on the Follow button to get daily blog posts from Out Fox The $treet. Disclosure: Long GLUU, IBM