This post was just published on ZYX Short Sell Change Alert This position is short from $13.85. Substantial profits have already been booked but there is still material unrealized profits. Consider taking partial profits on a 10% tranche of ZAGG right here around $8.19. After this fill, 50% of the full core position
This post was just published on ZYX Short Sell Change Alert Consider taking partial profits on ZAGG on a 10% tranche right here around $6.95.
Robert G. Pedersen II has stepped down as CEO and chairman. ZAGG president and COO Randall Hales has been appointed interim CEO by the board, and Cheryl Larabee has been appointed to serve as chairperson of the board, effective immediately. Pederson sold 515,000 shares of ZAGG stock, or $4,234,021 worth, as noted
This post was just published on ZYX Short Sell Change Alert After profit taking this morning 80% of the full core position is being held. Average entry price is $13.85 and previously profits have been taken as low $7.62. This is a very long-term position. Our target remains $3 – $5.
This post was just published on ZYX Short Sell Change Alert In keeping with our practice of always booking some profits, consider taking profits on a 20% tranche of ZAGG right here around $8.36. Aggressive investors, as an alternate may choose to set a stop at $8.76 on a 20% tranche
This post was just published on ZYX Short Sell Change Alert ZAGG reports $0.18 vs consensus of $0.19; revenues of $61.6 million vs consensus of $59.38 million. Sees FY12 revenues of $265 million vs $262 million consensus. Please note that revenue projection is below consensus. A particular item of interest is
This post was just published on ZYX Short Sell Change Alert AAPL has just introduced a new smart case for iPad. This is negative for ZAGG which makes competing cases. Consider adding or initiating a 10% tranche right here at $10.76. Short sell zone is $10.60 -13.25. No stops temporarily. Target
ZAGG (ZAGG) makes covers and other accessories for mobile devices. This is a highly competitive area where for the most part products are not differentiated. ZAGG stock continues to levitate because the company issues higly promotional statements to investors. ZAGG’s promotions are helped by a brokerage firm that may
ZAGG (ZAGG) is trading up on earnings. We do not believe that ZAGG’s earnings are sustainable and will continue to maintain a small short position. Anyone holding a short position in ZAGG may trim right here as there is a risk of a short squeeze. Please
Short squeeze on ZAGG (ZAGG) continues. We are taking advantage of this short squeeze in ZAGG and adding a 15% tranche at $15.07. Our long-term target on ZAGG is $3.00. Those not in ZAGG can initiate a tranche right here but only if they have prior