$MFE shares are up strongly today on reports that it will unveil a new version of its flagship product on July 7. This run up is offering a good opportunity to build short position. We added to our short position at $42.40 and will add more going into July 7 as it goes higher. There is no change to our fundamental thesis for a short sell on this stock.
… Please click here or the title below to read more.As a follow up to the last post, we would only lightly scale in shorts here and wait until after $APOL earnings tonight to add to positions especially on a spike up
… Please click here or the title below to read more.Our sources tell us that there is some truth to the rumors that federal funds will be offered to community colleges to develop free online “open courses”. Such a development will be very negative for education stocks which are already overbought.
… Please click here or the title below to read more.Supreme Court just cleared the way for $CVC (Cablevision) to offer their remote DVR service. We believe remote DVR service is the future. This development is very negative for $TIVO. Consider scaling in shorts in $TIVO right here around $10.65 and add to positions as the stock goes higher or if it breaks down.
… Please click here or the title below to read more.