The up move in Penney (JCP) stock may be driven by wishful thinking. Johnson was successful, but he was not selling white blouses inside those beautiful Apple (AAPL) stores. Penney does not have differentiated products like Apple. The success of Apple stores is, in part, due to the experience they
We are buying to cover aggressively in the premarket: iRobot (IRBT) at $30.75, Limited Brands (LTD) at $36.25, ULTA Salon (ULTA) at $57.65, Tyco (TYC) at $46.76, and Silgan (SLGN) at $40.62. Subscribers to ZYX Short Sell Change Alert were forwarded yesterday of the upcoming data from
V.F. Corporation (VFC) has made a very strong buy out offer for The Timberland Company (TBL). Timberland is not likely to receive a better offer. Therefore, it is prudent for most investors to sell Timberland right here. V.F. Corporation is now up $10.00. The acquisition of Timberland will
We are sitting on large gains on iRobot Corporation (IRBT). We are taking partial profits on iRobot right here at $30.80. For the time being, we will maintain the rest of our short position on iRobot.
Zagg, Inc. (ZAGG) has moved up over the last couple of days after the news that Zagg was granted a patent on its invisible shield. We have looked at the patent and for the most part it does not justify an upmove in the Zagg shares. For our
We are adding a 10% tranche to Zagg, Inc. (ZAGG) right here at $12.40. Updates are available on this position in real-time on the Real Time Feed of the ZYX Short Sell Change Alert.
We are taking partial profits on Silgan Holdings (SLGN) right here at $41.38 in the pre market. Silgan Holdings had run up on proposed acquisition of Graham Packaging Company (GRM). Our average short price on Silgan Holdings is near the top of the swing. A
Texas Instruments (TXN) provided mid-quarter update after the close yesterday. First the stock swooned on lower projections but then bounced right back when Texas Instruments on the conference call stated that the short fall was due to Nokia (NOK). The analysis of the conference call shows
There were two immediate triggers to our McDonald’s (MCD) trade. First McDonald’s reported less than expected same store sales increase. Second in the premarket McDonald’s broke the support at $78.82, its 50 moving average. The macro picture is not favorable for a number of reasons. First McDonald’s
We are taking partial profits on McDonald’s (MCD) at $81.11.