Market Blog » The Arora Report Stock Market News

ACORDA THERAPEUTICS (ACOR): TIME TO TAKE PROFITS

September 15, 2011

It is time to take profits on Acorda Therapeutics (ACOR). Consider taking profits on the entire position of Acorda Therapeutics right here at $23.08. Ampyra, the drug that has caused most excitement in Acora Therapeutics, is not proving to be a very good drug as we had predicted. Please see prior post on Acorda Therapeutics. However, this is company is highly promotional and periodically tends to release meaningless press releases that run the stock up. The plan is to short Acorda Therapeutics again on any run up. A signal will be provided in real-time on the

VIVUS (VVUS): INVESTORS MAY BE TOO OPTIMISTIC

September 15, 2011

Vivus (VVUS ) shares have moved up strongly on the news that FDA has agreed to an early re-submission of the QNEXA NDA for the treatment of obesity. The road is not all clear for Vivus. There are still major issues that need to be resolved by Vivus including birth defect concerns, cardiovascular concerns, and epilepsy concerns. If and when six screens of the ZYX Change Method are satisfied, we will issue a buy signal on the Real Time Feed of the ZYX Buy Change Alert.

TAKING PARTIAL PROFITS ON PAN AMERICAN SILVER (PAAS)

September 15, 2011

We are taking partial profits on a 5% tranche of Pan American Silver (PAAS) at $31.82.

TAKING PROFITS ON DEUTSCHE BANK (DB)

September 15, 2011

We are taking profits and exiting the Deutsche Bank (DB) position right here at $36.20. We had not intended to exit Deutsche Bank position so quickly, but since we were fortunate to garner a large profit in a very short time, in this market environment it is prudent to book profits.

MORE ON BEST BUY (BBY)

September 13, 2011

A careful analysis of the earnings report of Best Buy (BBY) shows that the business Best Buy may be losing to online competitors is less than some reports by analysts. An encouraging statistic in the Best Buy report is that 40% of leases expire in the next 5 years. This provides Best Buy with the opportunity to close stores and focus more on its online business.

BEST BUY (BBY): WHAT TO DO NOW

September 13, 2011

Best Buy (BBY) reported earnings this morning. Both earnings and projections for Best Buy were only slightly below consensus. Best Buy’s stock has taken a major hit primarily because of negative commentary by the analysts. ‘Best Buy has become a show room for Amazon (AMZN),’ has become the most often repeated phrase. Anyone contemplating short selling this stock should think twice because the short interest stands at 12.5% of Best Buy float. Potential for a short squeeze is high. If and when six screens of the ZYX Change Method are satisfied, we will issue a

TAKING PARTIAL PROFITS ON PAN AMERICAN SILVER (PAAS)

September 12, 2011

Taking profits on a 5% tranche of Pan American Silver (PAAS)at $31.45.

BROADCOM (BRCM) BUYS NETLOGIC (NETL)

September 12, 2011

Broadcom (BRCM) is acquiring NetLogic (NETL) for approximately $3.7 billion. NetLogic share holders will receive $50 per share. Broadcom expects the acquisition to be accretive by approximately $1.10. Broadcom also reaffirmed its business outlook for Q3. Those holding NetLogic may consider continuing to hold it until the acquisition closes. Broadcom is on our buy list and we will provide an actionable signal on the Real Time Feed of the ZYX Buy Change Alert when it is time to buy Broadcom.