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
Aggressively short selling silver futures in the range of $49.30 to $51 on all up spikes.
We are short from $55.57. In three days the stock is at $52.46. This profit should be protected here by either taking a partial gain or putting a stop on partial quantity at $52.76. Stop on the remaining quantity is at $53.16
The sizzle in Yum Brands (YUM) is overdone. We are now short from $55.57. Enthusiasm on China is not justified based on a forward look. Buying Yum here is like driving looking only in the rear view mirror. The stock is up over $4.00 after the
We are adding to silver (SLV) short position right here. We are selling short front month futures at $45.30. For those not trading futures, the best way to take advantage of the top in silver is to short a closed end fund that trades at a premium to
Tyco International (TYC) has run up on the rumors that Schneider of France will buy Tyco. The CEO of Schneider has just confirmed that he has no plans to buy Tyco. We have lightly scaled in a short sell of Tyco at $49.25. Details of our trading
This post is describing only one of our reasons for short selling silver (SLV). The computers at the The Arora Report are monitoring every tick of trading on silver futures and major silver ETFs. Our proprietary indicators slice and dice the money flow data in real time.