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WEAKNESS IN FINANCIAL CONTROLS AT ZAGG (ZAGG)

January 19, 2012

ZAGG (ZAGG) makes covers and other accessories for mobile devices. This is a highly competitive area where for the most part products are not differentiated. ZAGG stock continues to levitate because the company issues higly promotional statements to investors. ZAGG’s promotions are helped by a brokerage firm that may have vested interested in promoting ZAGG stock. The fact that works against our short position is that lots of other astute investors also have a $3 target similar to ours and such investors are short. With abundance of shorts, short squeees occur helping the stock price defy gravity. On

NEW IDEA ON RENESOLA LTD (SOL)

January 19, 2012

Renesola Ltd, (SOL) is a solar stock. Subsidies from the government in Germany have been a big part of the solar business. Cuts in solar energy subsidies will be implemented on a monthly, rather than on a half-yearly basis, with a goal of phasing them out for some facilities by 2017, said Germany’s Environment Minister Norbert Roettgen. Short zone for SOL is $2.49 to $3.11, stop zone is $3.31 to $3.62 and target zone is $0.90 to $2.02. If the stock hits upper end of target zone quickly, plan is to book such profits. Please carefully follow ZYX Change Method Trade

Apple supplier gold mine

January 17, 2012

There is more than one way to skin a cat. To make money from Apple Inc., it is not necessary to buy Apple stock. Over the years, at The Arora Report , we have benefitted from the rich gold mine of opportunities that Apple /quotes/zigman/68270/quotes/nls/aapl AAPL +1.28% suppliers have offered. Going forward, Apple suppliers are likely to prove more lucrative, both on the long and short sides, than the stock of Apple itself. Apple has always been very tight-lipped about its suppliers. All subscribers are required to sign agreements that prohibit them from announcing contracts with Apple. In a historic

Steve Jobs’ Failure To See Light In OLED Could Cost Apple

January 17, 2012

Steve Jobs was a hero to me and many, but he was not infallible. Steve Jobs successfully saw around the corner regarding many technologies, but he made a blunder regarding OLEDs. What the heck is an OLED? Most people know that LEDs are light emitting diodes. LEDs are semiconductor light sources that are made of silicon. OLED stands for organic light emitting diode, and unlike an ordinary LED there is no silicon in an OLED. OLEDs use organic compounds which emit light when excited by an electric current. Ordinary LEDs were introduced in 1962. The work

QUESTCOR PHARMACEUTICALS (QCOR) CLAIMS STREETSWEEPER IS A FRAUD

January 17, 2012

Questcor Pharmaceuticals (QCOR) believes thetreetsweeper.org is a fraud. Here is an explanation from QCOR: On January 9 Questcor Pharmaceuticals received a communication from an individual representing herself to be associated with a website identified as StreetSweeper.org. The individual requested that the company provide responses to a series of questions about the company by January 10. Due to management’s schedule, the individual was offered an opportunity to have the questions answered by management on Monday, January 16. Questcor has been unable to determine the exact nature of StreetSweeper.org, its ownership structure, or its revenue sources. The website, thestreetsweeper.org, provides no

NEW IDEA ON QUESTCOR PHARMACEUTICALS (QCOR)

January 17, 2012

Caution: This is a very high risk speculative idea for a very very short term trade. Risk of loss is high. Investors should not enter this trade. Only experienced traders should attempt it. Questcor Pharmaceuticals (QCOR) buy zone is $34 to $36.50. Aggressive traders may also want to take a 5% tranche outside the buy zone right here at $38.31. The stop zone is $32 to $33.48. Target zone is $42 to $46. Cancel the order if it does not fill right away. QCOR stock has fallen based on alegations from Street Sweeper. We will shortly publish more on this trade.

Read This Before Your Next Cruise

January 16, 2012

Will the Costa Concordia disaster wake up regulators? Costa Concordia was supposed to be impregnable, but it capsized off the Italian coast. At least six people died. For background please see my prior article Will Titanic-Like Images From Italy Change Behavior? When the Titanic sank, it left an indelible imprint and regulators acted. In 1914, nations came together to form treaties concerning the safety of ships. These treaties are known as SOLAS. SOLAS stands for the International Convention for the Safety of Life at Sea. SOLAS prescribed safety procedures including the number of life boats and emergency equipment

FRENCH DOWNGRADE AND QE3 LEAK DO NOT HELP GOLD AND SILVER

January 13, 2012

S&P today downgraded France and other European countries. Such a downgrade just before the long weekend should have caused about $70 of up move in gold. GLD and SLV not only did not respond, GLD and SLV are now down. Gold futures GCG2 are now down to $1633 and silver futures SIG2 are at $29.50. Federal Reserve Bank has also leaked its plans on QE3. Based on historical patterns, this leak alone should have caused gold to go up by about $100. Trifecta of long weekend, French downgrade and QE3 — all supposed to be extremely bullish