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
Using our methodology, all of our short positions with the exception of VMW, AMLN and RHBBY should have been covered by now. If not fully scaled out yet, we suggest aggressively covering AFFX, WFR, KEY, GE, ANAD, SNDK, AVID , IBN and MOT. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF
Our insight regarding production glitches hit the bull’s eye when the company reported earnings and the stock dropped as much as $15 in the after hours. Our insight in advance of covering in after hours also hit bull’s eye as even large sizes could be covered in thirties around $38.
Settlement with Nokia is a major change. Going forward, not only there will a be major reduction in ongoing legal costs, but more importantly a major distraction will be gone. Further , it is logical that in due course NOK ( Nokia ) and QCOM cooperate towards higher per unit
WFR reports earnings after the close today. Our proprietary measurements show that the traders have been aggressive buyers this week and are positioned for bullish news. American Technology recommended buying this morning prior to earnings. The Wall Street has not caught up to changes happening at WFR — production hitches,
Roche’s acquisition of DNA ( Genentech ) shows change of the company’s long practiced successful strategy by the new CEO. This indicates lack of confidence in the prior strategy. The new strategy is in reality integration of autonomous subsidiaries, although Roche does not characterize this way. We believe there will