November 3, 2010

TAKING PARTIAL PROFITS ON AMERIGROUP $AGP RIGHT HERE AT $42.72 AND MAINTAINING THE CORE SHORT POSITION

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CONSIDER SELLING SHORT AMERIGROUP $AGP RIGHT HERE AROUND $43.25

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WALL STREET DOES NOT APPRECIATE TRANSFORMATION OF CIENA $CIEN

Our analysis indicates acquisition of Nortel’s business is working out for CIEN. As investors realize the reality, large number of shorts will be squeezed possibly doubling the stock.

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