Both silver (SLV) and gold (GLD) continue to follow our script. Before we address what to do now, let us briefly review the history. Subscribers to ZYX Global Muli-Asset Allocation Alert made a lot of money on silver as shown on the chart. Subscribers to the ZYX
We are sitting on big profits in a variety of silver (SLV) related trades including ProShares UltraShort Silver (ZSL). We are locking in partial profits right here. We will completely exit our futures position on any downspike below $33 , but may maintain a small position through another
Opportunities to sell silver (SLV) right at the top and at 22% over the market price will not come around everyday. Fortunately, the subscribers to ZYX SHORT SELL CHANGE ALERTS were able to capture such an opportunity by using a publicly traded vehicle that was trading 22% over the
IMAX (IMAX) has been rising based on strong receipts from Fast Five.IMAX CEO Richard L. Gelfond said, “This is a strong kick-off to our summer blockbuster season, and given the film’s incredible buzz, we’re looking forward to continued success.” . IMAX contributed $8,000,000 to the $86,200,000 box office debut for
We have taken partial profits on our ReachLocal (RLOC) position at $22.16. Our average short price now is $25.30 as we continue to add tranches on up spikes per the plan described in the earlier post. We will continue to post updates on ZYX SHORT SELL CHANGE ALERTS.
Netgear (NTGR) traded as high as up 26% today after blow out earnings. Netgear earned $0.57 beating estimates of $0.52. Revenues grew to $278.8 million compared to consensus of $260. million. For Q2, Netgear guides revenues of $270. million compared to consensus of $241. million. Netgear benefited
ReachLocal (RLOC) continued its insanity today. This provided an opportunity to short another tranche of ReachLocal at a higher price. Here are excerpts from my article on Seeking Alpha: A Great Google Idea Once Again Leads to Investor Insanity ……It appears that bulls on ReachLocalReachLocal try to differentiate themselves by
As per the prior post on ReachLocal (RLOC), added to the short position on exhaustion of the upspike. The average short price is now $24.65. For details, please refer to ZYX SHORT SELL CHANGE ALERTS. We will add to the position on exhaustion of any further upspikes in the Entry
ReachLocal (RLOC) is rising almost 30% on two pieces of news. First ReachLocal entered into a partnership with Google (GOOG) under which ReachLocal is now considered a global premier AdWords partner. Having managed distribution channels for several companies I know that adding a premier partner program to an
IRobot (IRBT) reported earnings last night. The projections are light and not commensurate with the recent run up in the stock. We are now short from an average price of $38.12 and we will add to our short position on exhaustion of any up spikes. ZYX