June 1, 2011

ZAGG (ZAGG) SHORT SQUEEZE AN OPPORTUNITY

We have previously taken profits on ZAGG (ZAGG) but are still holding a small position. We are adding a 15% tranche right here at $11.33.

ZAGG is experiencing a massive short squeeze today. The short squeeze is triggered by an excellent presentation ZAGG made at a conference yesterday. ZAGG has now become highly promotional to investors. Typically companies become highly promotional when the managements feel that fundamentals alone are insufficient to hold up the stock price.

Caution: those who can not handle a short squeeze should not enter this position. There are no guarantees the short squeeze is about to end.… Please click here or the title below to read more.

June 1, 2011

NOKIA (NOK) LIFTING ON RUMORS OF BUY OUT BY MICROSOFT (MSFT)

Nokia (NOK) is lifting on buy out rumors by Microsoft (MSFT). A buy out of Nokia by Microsoft is an old rumor that is being regurgitated.

Nokia received six downgrades this morning. Nokia’s debt rating is being placed on review for a downgrade by Moddy’s (MCO).

It appears that those caught long in Nokia simply floated this rumor to run up Nokia.

Short-term traders appear to be selling into strength. If there is an actionable signal on Nokia or Microsoft, we will update the Real Time Feed of ZYX Buy Change Alert.… Please click here or the title below to read more.

June 1, 2011