Adding to our short position on General Mills around $37.10. Earnings today were good and the company did a commendable job of managing its raw material cost. However, our short thesis is based on macro level pricing for grains. The thesis is intact as evidenced by spike in
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 RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized
After our post, in the after hours trading, Adobe slightly moved up resulting in no fill at our price. The new price range for the first scale in entry is $26.50 to $26.25 with an eye towards an average entry price towards the lower end. As expected, there are multiple
Adobe is trading down 15% after its earnings. Adobe reported third quarter earnings of $0.54 per share, $0.05 better than the consensus of $0.49 and revenues rose 42.0% year/year to $990.3 mln vs the $985 mln consensus. The stock is falling because investors are focusing on the revenue projections. Adobe projects Q4
As per prior post, trailing stop hit on this mornings short at $36.62 allowing us to lock in substantial profit. We are still holding short core quantity which is fully hedged. We will add to short position if price spikes again. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE
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 RECORD Every closed trade since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average annualized
Acquisition of NZ by IBM has caused a spike in shares of TDC this morning. We anticipated this possibility and our short position is completely hedged. We think probability of TDC being acquired in the short term is small. We will take advantage of this up spike and start lightly
We pocketed premium of $1.60 when we sold PCG Sep 45 put options a week ago. Yesterday, the option expired worthless giving us annualized profit of 5200%. Interestingly, we were going long PG&E stock when all Wall Street analysts, without exception, were downgrading the stock. We will scale in a
Shares of PG & E Corp. (PCG) have been punished in the wake of gas pipe explosion and fire in San Francisco. We recommended buying PCG shares. Per the prior post, we sold Sep 45 puts at $1.60. if the stock continues to decline, the option will be exercised and
Our preferred method of entry to buy is selling PCG Sept 45 puts. 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 RECORD Every closed trade since 2007, without exception, is included in the performance results. Number