November 5, 2012

BE MINDFUL OF SCAMS AT SMALL CHINESE COMPANIES $NTE

Nam Tai Electronics (NTE) today moved up 41.08% after reporting better than expected earnings.

Bullish investors were especially excited on Q3 revenues of $380.3 million vs. $127.6 million in Q3 of 2011. NTE reported earnings of $0.54 compared to $0.02 in the prior comparable quarter.

It is unusual for a company in this line of business to report this kind of increase. There is no indication of any scam or impropriety in the earnings report.

However in view of a 41% jump in the stock investors should be mindful of previous scams in a number of small Chinese companies that royally burned American investors.… Please click here or the title below to read more.

November 5, 2012

JOE: INITIATE OR ADD TO THE LARGEST LAND OWNER IN FLORIDA $JOE

This post was just published on ZYX Buy Change Alert.

The company is a real estate development company that owns 577,000 acres of land primarily in northwest Florida as well as 405,000 acres on the coast of the Gulf of Mexico.

The position is long with an average price of $18.00. Currently, 80% of the full core position size is being held. Profits have been taken as high as $23.16.

Target zone is $34 to $38.

Joe reported better than expected earnings and the stock has jumped up and as of this writing is trading at $22.27.

A prominent hedge fund is short this stock. … Please click here or the title below to read more.

November 5, 2012

TAKE PROFITS ON UNH AND EXIT THE POSITION $UNH

This post was just published on ZYX Short Sell Change Alert.

Consider taking profits on UNH in the zone of $55 to $55.40 and exiting the position.

There is high election risk in this position, it is prudent to lock in profits now. At the time of this post UNH is trading at $55.20.… Please click here or the title below to read more.

November 5, 2012

NEW IDEA ON SILVER MINER CDE $SLW $CDE

This post was just published on ZYX Short Sell Change Alert

For diversification reasons those who are short silver miner SLW may not consider this trade unless they have a large account. Initiating a 10% tranche in the premarket right here at $31.04. The short zone is $30.75 to $31.58. Stop zone is $33.32 to $33.84. Target zone is $23 to $24.… Please click here or the title below to read more.

November 5, 2012