CONSIDER BUYING BAC (BANK OF AMERICA)
Strategic value of MER outweigh potential loses from MER balance sheet. BAC has traditionally done a good job at integrating acquisitions, but MER is a different animal than traditional commercial bank acquisitions. However, our review shows that more likely than not MER will be successfully integrated in BAC and strategic synergies will be fully realized. […]
CONSIDER BUYING BCS (BARCLAYS)
We believe BCS purchase of Lehman assets in bankruptcy is a coup. This is a major change as it will significantly increase BCS presence in US. The current financial crises will pass and the assets bought cheap will pay rich dividends. Consider scaling in in $22-23 range and add on dips. www.thearorareport.com THE ARORA REPORT, […]
HOLD SNDK (SANDISK) LONG POSITION
After the close, Samsung announced $26 cash bid for SNDK. The offer is not contingent on financing. We believe there is a distinct possibility of a competing bod from Toshiba. On the other hand there is some antitrust risk in Samsung bid. On balance, we believe it is advantageous to hold the long position.In our […]
CONSIDER PARTIAL SELL SNDK (SANDISK)
Recently, we warned against shorting SNDK and recommended buying SNDK around $13 due to possibility of a buy out. Today Korea’s ETimes reports that Samsung may be considering buying SNDK. Our sources indicate that report is true. Moreover, it makes sense. In keeping with our methodology to lock in profits , we recommend scaling out […]
CONSIDER BUYING TO COVER AMLN (AMLYN)
We have very large gains in AMLN. Consider buying to cover majority, say 90% of the position right here at $20.50 range. Tight stop on the rest. If there is a substantial bounce, consider shorting again. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY […]
CONSIDER PARTIAL EXIT KG (KING) AND ALO (ALPHARMA)
There are over 5% gains in just one day. Our methodology calls for taking partial profits in KG here at $11.64 and in ALO at $36.40. Consider tight stops on the rest. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE […]
SHORT KG ( KING PHARMACEUTICAL ), BUY ALO (ALPHARMA)
KG today made public its $33 cash offer for ALO ( Alpharma ). Normally stock of the acquirer falls, but here KG stock has jumped. The reason for jump is KG representation that the deal will be accretive in the second year. We believe this premise to be false for four reasons: 1. ALO is […]
CAUTION AGAINST SHORTING SNDK ( SANDISK )
As our readers know, we have been very negative on SNDK and have made money shorting it. Today stock dropped $1.79 following cautious comments by Citi. Citi’s comments today are similar to our concerns provided to you long before Citi. It appears that there was fair amount of short selling in the shares today. We […]
PARTIAL SELL ERTS ( ELECTRONIC ARTS )
Our indicators demand trimming of ERTS position right here at $48.67. A tight sell stop on rest of the position is desirable. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE RECORD Every closed trade since 2007, without exception, is […]
SELL ANAD ( ANADIGICS )
With 17% gain in such a short period, our methodology calls for selling at least part of the position at $3.63 or better. Use tight stops for the remaining and be completely out of the position in high $4s. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT […]