September 16, 2014

A NEW IDEA ON RACKSPACE HOSTING $RAX

A NEW IDEA ON RACKSPACE HOSTING $RAX This post was just published on ZYX Short Change Alert.

RAX had been up for sale but has failed to attract a buyer.  The stock is falling rapidly.  Consider shorting up to 40% of the full core  position size in the zone of $34.85 to $38.73.  The stock is at $36.48 as of this writing but very volatile by the time this reaches you the price may be different.  Stop zone is $40.26 to $41.57.  Target zone is $26 to $29.

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TAKE PARTIAL PROFITS ON PROSENSA HOLDING $RNA

TAKE PARTIAL PROFITS ON PROSENSA HOLDING $RNA

This post was just published on ZYX Short Change Alert.

RNA is short from $10.50.  As of this writing RNA is trading at $7.87.  20% of the full core position size is being held.

Consider taking profits on a 15% tranche in the zone of $7.15 to $7.95.  Consider continuing to hold the remaining 5% for the potential target of $4 to $4.50.

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TAKE PROFITS AND EXIT TIBCO SOFTWARE $TIBX

TAKE PROFITS AND EXIT TIBCO SOFTWARE $TIBX

This post was just published on ZYX Buy Change Alert.

TIBX is up for sale and if it does get a buyout offer it is likely in our target zone of $26 to $31.  However, there is a risk event in terms of earnings this Thursday.  The probability is very high that the company may report earnings below consensus. 

Since our focus is on generating high risk adjusted returns, it is best to take profits on TIBX right here around $21.25.  The position is long from $19.15. 

The plan is to buy TIBX again if it gets hit on poor earnings.Please click here or the title below to read more.

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