Yesterday, we wrote that a number of education stocks are likely to see their multiples expand. Further analysis of the impact of new regulations show that Apollo (APOL) is the best positioned company to benefit from the new regulations. Apollo may run to mid $50’s. However,
Apollo Group (APOL), Corinthian Colleges (COCO), Career Education (CECO,) DeVry (DV), and ITT Educational Services (ESI) are higher today on the Department of Education rules being less onerous than expected. The companies also get more time to comply with the rules. In the near term, PE multiples are
Limited (LTD) hot streak cools as it reports much lower than expected same store sales growth. Once again we were ahead of the curve. We saw this coming when Wall Street was pounding the table to buy this stock. We sold short at the recent top on May
We have previously taken profits on ZAGG (ZAGG) but are still holding a small position. We are adding a 15% tranche right here at $11.33. ZAGG is experiencing a massive short squeeze today. The short squeeze is triggered by an excellent presentation ZAGG made at a conference
Nokia (NOK) is lifting on buy out rumors by Microsoft (MSFT). A buy out of Nokia by Microsoft is an old rumor that is being regurgitated. Nokia received six downgrades this morning. Nokia’s debt rating is being placed on review for a downgrade by Moddy’s (MCO).
Nvidia (NVDA) today won the Computex Best Choice award for smart hand held devices from the Taipei Computer Association. Nvidia won this award for its Tegra 2 chip. For actionable signals on Nvidia, please see ZYX Buy Change Alert and the ZYX Short Sell Change Alert.
Exited Occidental Petroleum (OXY) with profit at $98.95. This position is now closed.
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