As our readers know, we have been very negative on SNDK and have made money shorting it. Today stock dropped $1.79 following cautious comments by Citi. Citi’s comments today are similar to our concerns provided to you long before Citi. It appears that there was fair amount of short selling
Our indicators demand trimming of ERTS position right here at $48.67. A tight sell stop on rest of the position is desirable. 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
With 17% gain in such a short period, our methodology calls for selling at least part of the position at $3.63 or better. Use tight stops for the remaining and be completely out of the position in high $4s. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE
Our readers are well aware of correct calls on ANAD. We have been short. This morning’s reaction is severe overreaction . At $3.10 our indicators are flashing buy signal. Please click on the label ANAD below to see all ANAD posts or search blog for ANAD. www.thearorareport.com THE ARORA REPORT,
We are short AKAM from $28. Our proprietary indicators are now flashing a BUY TO COVER signal. Cover right here at $21.84 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
On Aug 20, 2008, we starting shorting ANAD . If our methodology was followed, the average short price would have been around $18. On July 27,2008, we recommended buying to cover our entire position. The cover price should have been below $ 6. ANAD just again proved our thesis correct
QCOM was down yesterday on its COO Sanjay Jha leaving to become co-CEO of Motorola. Contrary to market reaction, we see the development as positive for QCOM. This will deepen the relationship between QCOM and MOT. Add to QCOM positions in $52 range. On a quick pop over $ 56,
Competition has increased in AKAM’s niche and likely to continue to increase. AKAM will continue to lose market share. After earnings release, the stock is falling. Before the situation is fully recognized, take initial position in after hours right here in high twenties. Short more aggressively on bounces to low
Yesterday ERTS reported lousy earnings and guidance below consensus. As a result, the stock has been hit hard trading as low as $42.50. A culture change is slowly but surely happening at ERTS. Assuming proper execution, results of the change should start translating into better financial performance in the second
Our proprietary money flow indicators have turned negative on oil. Sell all long positions.We will not yet short oil because slight geopolitical hiccup can make the oil spike again. However ,it is finally time to short coal. Coal prices compete with natural gas for electricity generation. Natural gas prices have