July 2, 2009

TAKE PROFITS AND EXIT OUR SHORT $TIVO (TIVO)

After reading Baron’s Tech Trader Daily, it occurs to us that it will be relatively easy for someone to float a rumor of settlement between $TIVO and $DISH causing $TIVO stock price to shoot up. Of course, there may also be a real settlement.

Out of abundance of caution consider exiting rest of our $TIVO short position right here around $9.17. Earlier we exited 50% of the position at $9.07. Our short was from $10.65.

Our fundamental thesis to short sell $TIVO based on advent of networked DVR remains intact. Consider an automatic short sell signal on $TIVO if price shoots up on a settlement or rumors of a settlement.… Please click here or the title below to read more.

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TIGHTEN STOPS ON OIL $CLQ9 TO PROTECT PROFITS

We gave a short sell signal on oil at $71.70. Now it is at $67.60. Consider tightening the stops to protect profits and taking partial profits.

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TIGHTEN STOPS TO PROTECT PROFIT ON $TIVO (TIVO)

We gave a short sell signal on $TIVO at $10.65. Now it is around $9.00. Tighten stops and consider taking partial profits.

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