November 1, 2012

WATCH OUT FOR SANDY SCAMS #SCAMS #STOCKS #SANDYSTOCKS #SANDYSCAMS

Greetings,

The damage caused by Hurricane Sandy is a tragedy. I am reaching out to our readers to warn about investment scams related to Sandy that are mushrooming.

Consider not investing based on emails or  sham sites  to profit from Sandy. There are lots of scams that are promoting stocks.

If you want to play hurricane stocks, go to reputable sites or read the following post:

HOW TO PLAY 20 HURRICANE STOCKS $HD $LOW $GNRC $BECN $M $USG     

Happy Investing,

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

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ZAGG EARNINGS $ZAGG

This post was just published on ZYX Short Sell Change

ZAGG is short from$13.85 and previously profits have been taken as low $6.95.  60% of the full core position size is being held.

ZAGG beats by $0.10, misses on revs; guides FY12 revs above consensus (7.70 +0.52).  ZAGG also reports  Q3 (Sep) earnings of $0.26 per share, $0.10 better vs. consensus of $0.16; revenues rose 30.3% year/year to $59.8 mln vs. the $60.74 mln consensus.

ZAGG issues upside guidance for FY12,  and sees FY12 revs of $259.0-262.0 mln vs. $258.80 mln consensus.

Our target remains $3 to $5.

Caution:  32% of this stock is short and the float is very small.  Please click here or the title below to read more.

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BOXEE AND WAL-MART SET TO STICK IT TO APPLE TV $AAPL $WMT $GOOG $BRCM $INTC $NFLX

October was not a kind month to Apple.  There has been a big management shakeup, the Street does not like the price of the iPad mini, iPhone 5 is experiencing supply issues, and earnings–as well as projections–were below expectations.

As if Apple needed it, the Israeli-U.S. start-up, Boxee, is now bringing more trouble to Apple.  Apple bulls are hoping that Apple will announce more progress on Apple TV and the stock will take the next leg up.  It was not long ago that there was intense speculation about Apple introducing a full-fledged TV dubbed by many as iTV, even though this name is not available to Apple.  … Please click here or the title below to read more.

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THE MOMO CROWD CLAIMS DOUBLE BOTTOM IN GOLD $GLD $SLV

This post was just published on ZYX Buy Change

As we told you yesterday early morning, the momo crowd was aggressively buying gold and silver.  The buying continued throughout the day and is continuing this morning.

The momo crowd is advancing double bottom in gold as the reason for buying.  Take a look at the chart:

We labeled the double bottom as ‘FALSE DOUBLE BOTTOM’.

The alleged double bottom is shown on a 15 minute chart.  Back testing shows that when the two bottoms are very close to each other on a 15 minute chart, statistically based on history the pattern is correct less than 50% of the time in predicting a sustained up move.… Please click here or the title below to read more.

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