OmniVision (OVTI) has lost some of Apple (AAPL) business.OmniVision manufactures image sensors for cameras. OmniVision has reduced the revenue guidance to $212 – $217 million. Previous guidance from OmniVision was for $255 to $275 million. The stock is likely to see further tax loss selling.
Stocks in this article include Apple (AAPL), Clearwire (CLWR), Coldwater (CWTR), OmniVision (OVTI), Reach Search In Motion (RIMM), and Sprint (S). The January effect is a money making opportunity in the stock market. This effect tends to cause prices of some stocks to rise more than the averages in the
It turns out that Mario Draghi is Super Mario. Mario Draghi is an ex-central bank governor of Italy who just took over from Jean-Claude Trichet the presidency of the European Central Bank (ECB). In a surprise bold move, Draghi announced that the ECB is lowering its main rate from 1.5%
This article contains information about Groupon (GRPN). Groupon is the latest and the hottest IPO that will be priced tonight and start trading tomorrow on NASDAQ under the ticker symbol GRPN. There appears to be heavy demand for the IPO. According to some reports, the company will be
Adding a 10% tranche to Penson Worldwide ( PNSN ) at $1.30. Penson Worldwide appears to be getting several MF Global accounts.1 Those not in Penson stock may initiate a 10% tranche around $1.30. Those already in Penson stock may lightly add to the position. We
This article is about Apple (AAPL) and Google (GOOG). Apple stock is followed by over 50 stock analysts and a legion of commentators. All information that is publicly available has been beaten to death, and there is no shortage of speculation. It is likely that most institutions who were
We did a small study to validate the hypothesis that users of Apple (AAPL) Siri are reducing Google (GOOG) searches. The study involved 17 users of Apple Siri who upgraded from Apple iPhone 3GS, 20 users who upgraded from android phones and three users who upgraded from Apple
Cheniere Energy (LNG) has rocketed on deal the BG. BG is the old British Gas. This is the first big export deal for Cheniere Energy. Short interest is 35% of the float. Due to this high short interest, Cheniere Energy is experiencing a massive short
iRobot Corporation (IRBT ) reported earnings that were better than the consensus but in line with whisper numbers. The big move of iRobot today is the result of a big short squeeze. Investors holding iRobot may consider taking advantage of the short squeeze and selling into the strength.
First Solar ( FSLR) has attempted to counteract drop in the stock by releasing earnings early. However, First Solar earnings are less than expected. First Solar stock has bounced because some had expected earnings to be worse. Investors holding First Solar long may use bounces to lighten