BUY TO COVER VMC (VLCAN MATERIALS)
Vulcan Materials announces pricing of public equity offering at $41.00 after the close today. We suggest buy to cover around $41
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Vulcan Materials announces pricing of public equity offering at $41.00 after the close today. We suggest buy to cover around $41
Earlier we started lightly scaling in on short sell on coal stocks. Our fundamental checks continue to support our position, although momentum is against us. Consider continue to scale in on spikes in BTU and CNX
On March 08, 2009, we gave a buy signal on ARST at $11. On June 02, 2009, we gave a sell signal at $17.05 for over 50% gain in a short time.
We received several emails questioning our methodology by brokers apparently very knowledgeable about this stock.
Today after the close, ArcSight sees Q1 EPS 3c-8c vs. consensus 9c and sees Q1 revenue $31M-$34M vs. consensus $34.29M. The stock is down to $15.
Once again , our metodolgy made the correct prediction and sold ARST near the high.
As stock market went higher, Arora VSTC Indicator dropped signaling market reversal. Second day in a row this proprietary indicator captured major reversal, not caught by traditional indicators. Please see our tweets for details