September 12, 2012

TAKE PARTIAL PROFITS ON ZAGG BEFORE iPHONE 5 LAUNCH

This post was just published on ZYX Short Sell Change Alert

This position is short from $13.85. Substantial profits have already been booked but there is still material unrealized profits.

Consider taking partial profits on a 10% tranche of ZAGG right here around $8.19. After this fill, 50% of the full core position size will be held.

The reason for taking more profits here is because there may be a short squeeze after the introduction of iPhone 5. iPhone 5 will have a different form factor than previous iPhones. There will be speculation that people will have to buy new cases for iPhone 5 and ZAGG will be a beneficiary.… Please click here or the title below to read more.

September 12, 2012

ZUCKERBERG HITS THE BALL OUT OF THE PARK

Facebook CEO Mark Zuckerberg, hit the ball out of the park in his first interview since Facebook’s initial public offering (IPO).

Since the IPO, Facebook has lost about half of its value. The consensus among most analysts has been that mobile strategy is Facebook’s Achilles’ heel.

If Zuckerberg is to be believed, and there is no reason not to believe him, Facebook’s mobile strategy is gaining steam. Zuckerberg stated that Facebook will make more money on mobile than on desktop. Zuckerberg said,

One of the main things that I think is misunderstood is how fundamentally good it is on a bunch of different levels.

… Please click here or the title below to read more.

September 12, 2012

NEW IDEA ON FB

This post was previously published on ZYX Buy Change Alert

FB CEO just finished his first interview after IPO. He did great and elevated concerns about mobile strategy.

The fly in the ointment is that the stock is expensive and there is still an overhang of sellers. For this reason conservative investors may not want to enter this stock.

Aggressive investors may want to build up to a 20% of full core position size in FB in the zone of $19 to $20.15. No stop for the time being. Target zone is $32 to $34. This is a very long-term position.… Please click here or the title below to read more.

September 12, 2012

GOLD AND SILVER: SMART MONEY BUYING ON KILLING OF AMERICAN AMBASSADOR

This post was just published on ZYX Buy Change Alert

As the first rumor of killing of American ambassador to Libya surfaced, Smart Money buying of gold and silver started in earnest. So far the buying has ranged from mild to heavy.

Buying in silver by Smart Money is short covering; the data on gold is mixed.

As details of Obama’s call with Netanyahu regarding Iran started leaking out, it contributed to buying.

Oil is also moving up as expected.

German court giving greenlight to ESM was expected and theoretically should already be discounted in gold and silver prices.

Momentum in gold and silver ahead of the Fed meeting continues.… Please click here or the title below to read more.

September 12, 2012