July 17, 2013

ADD OR INITIATE TO ST JUDE MEDICAL $STJ

These posts were just published on ZYX Short Change Alert.

STJ reported earnings that are slightly better than expectations.

Our short thesis has to do with the quality of the products and its resulting negative effects on the company’s reputation. Our thesis remains intact. However, in this bull market it is important to be cautious. There are two courses of action here. Those who cannot handle large draw downs may need to partially cover here and cover the rest on a pullback.

Those who can handle draw downs may consider adding a 10% tranche right here around $51.60.

Adding another 10% tranche to STJ right here around $52.70.… Please click here or the title below to read more.

July 17, 2013

ZAGG REACHES THE TARGET $ZAGG

This post was just published on ZYX Short Change Alert.

The present ZAGG position is short from $13.85. Profits have previously been taken as low as $6.70. Over a long period of time, significant profits have been booked by trading this position. 50% of the full core position size is being held.

Our long-standing target zone has been $3 to $5. Today in the pre-market the stock traded as low as $4.93 and now has moved up to $5.05.

ZAGG lowers FY13 revenue view to $245M-$252M, consensus $273.73M. For the second half of 2013 the company expects slower retail expansion and projected softness in Europe to continue to impact revenue. … Please click here or the title below to read more.

July 17, 2013