Image by Rebecca Williamson via Flickr Electronic Arts (ERTS) earnings reveal that 30% of the revenues were from the games downloaded by the consumers. It appears that the era of shipping games on disks is coming to an end. The biggest retailer of video games on disks is GameStop (GME). GameStop
We have been writing on this blog about the competition that is coming to Nvidia’ Tegra chip. Lately, after the Consumer Electronics Show, investors have been enamored about NVDA adding graphics capabilities to an ARMH core. In their exuberance, investors and gurus have mostly ignored the upcoming graphics capabilities fro
As per the prior post, earlier we sold 90% of our $NFLX position at $183. After the earnings, at this time the stock is trading at $201. Key driver of the stock’s up move is short covering prompted by rise of subscribers to over $20,000,000.00 . First resistance is around
Image via Wikipedia Netflix reports earnings after the close today. The risk of large price movement in both directions is high. NFLX can easily fall 50 points or go up 30 points. We will stick with the discipline of the ZYX Change Method , and not let our substantial gains disappear.
Barron’s just made a case for Nvidia stock price doubling. We are a fan of Barron’s and its mostly thoughtful content. However, Barron’s has been known to be wrong at times and if past is the prologue, one more time Barron’s is providing an opportunity to short sell NVDA at
Amazon.com $AMZN today bought the shares it did not already own in Lovefilm International, a subscription-based streaming film service that operates in Europe. Our positive thesis on NFLX was based on becoming the first to proliferate streaming movies. As others enter the market, high flying shares are likely to come down.
Technical action in soft commodities today may signal a shift in the up momentum. We will take profits on our iPath DJ-UBS Grains TR Sub-Idx ETN JJG position right here around $53.50
After ugly F5 Networks, Inc. FFIV results, the long awaited correction may start here. It is time to not be a pig and take our 250% profits on our long term position on Arm Holdings ARMH right here around $25.70 . As per our prior posts, it is time scale
We are long on CIEN from $13.75. After F5 Networks, Inc. FFIV ugly results today, exiting Ciena position right here around $24.30 in the after market. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING VERIFIABLE PERFORMANCE
With Steve Jobs taking medical leave, Apple’s shares are down 7% in Germany. Tomorrow in US, $AAPL shares are bound to be very volatile. The most likely scenario is that shares will open down then bounce and partially fill the gap. Tim Cook , who will be taking charge in