Tech Data (TECD) has plunged after reporting earnings. The earnings were not bad, however, the bullish gurus had pushed Tech Data much higher than it deserved to be. The same bullish gurus are now proclaiming that the fall is a buying opportunity around $48.00. Well,
Subscribers to ZYX Short Sell Change Alert received the following entry in real time on May11,2011 on Zagg (ZAGG): As we expected, ZAGG reported great earnings last night. The effect of the smart cover from iPad 2 will be felt in the coming quarters and over a period of
Subscribers to the ZYX Short Sell Change Alert took profits on Xenoport (XNPT) on May 5,2011 at $7.35. Following was the entry on the Real Time Feed: Most of our subscribers have already realized over 20% profit on XNPT over a very short time. After earnings report, the stock
Subscribers to ZYX Short Sell Change Alert took partial profits on Acorda Therapeutics (ACOR)at $30.20 on Friday. We are holding partial position for the prices to hit our target zone. This target zone was provided to the subscribers of ZYX Short Sell Change Alert at the time of the trade
LinkedIn (LNKD) frenzy continues. Fundamentals do not justify buying LinkedIn at this level. LinkedIn is no Google (GOOG). Options will start trading Thursday and stock should become available for shorting after that. An analysis of the historical data of similar situations shows that shorting this stock in
We are taking partial profits on LTD right here at $39.22. We will leave the rest to hit our target zone.
Acorda Therapeutics (ACOR) is up due to the positive opinion on Marketing Authorization Application for its MS drug Ampyra in Europe. This approval for Acorda Therapeutics was expected. The big move in Acorda is unwarranted. We are short selling in the strength now with an average price $32.98 and will add if the
We are taking partial profits on Limited Brands (LTD) right here at $40.87. Please see the prior entry for details of the entry.
Limited Brands (LTD) reported earnings after the close. The earnings were below the whisper number. The projections of Limited Brands was less than the published consensus and quite a bit below the whisper numbers. The growth of Limited Brands is clearly slowing. Bounce in the stock is
Longtop financial (LFT) was scheduled to report earnings on May 23rd as we have previously pointed out. Longtop Financial has announced that it will not be reporting earnings on May 23rd and has not yet provided another date. It is difficult to interpret this information. Is there