AKAM
CONSIDER BUYING TO COVER AMLN, VMW,AKAM AND RHHBY
October 12, 2008
The market crash has given us a great opportunity to take profits in our short positions. As a sharp bear market rally can take place any moment, we recommend covering AKAM around $13, VMW around $21, AMLN around $12 and RHHBY around $65. Should a sharp rally ensue and you have still not covered , you may consider covering at the market. In a rally , it will be easy to lose our large gains.
BUY TO COVER AKAM ( AKAMAI )
August 8, 2008
We are short AKAM from $28. Our proprietary indicators are now flashing a BUY TO COVER signal. Cover right here at $21.84
SHORT AKAM ( AKAMAI )
July 30, 2008
Competition has increased in AKAM’s niche and likely to continue to increase. AKAM will continue to lose market share.
After earnings release, the stock is falling. Before the situation is fully recognized, take initial position in after hours right here in high twenties. Short more aggressively on bounces to low thirties or even high twenties if the bounce is with negative money flow.
