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VERY SHORT TERM IDEA: INTERNATIONAL GAME TECHNOLOGY (IGT)

July 11, 2011

International Game Technology (IGT) makes gaming video terminals. State of Illinois just approved putting video gaming devices at licensed liquor establishments. We estimate that this will create demand for about 35000 new devices and International Game Technology will probably sell about 10,000 new devices. Other competitors are WMS Industries, Inc. (WMS), and Bally Technologies, Inc. (BYI). Our entry zone for International Game Technology is $17. to $18.25. Our stop zone is $15.11 to $15.73 and target zone is $20 to $22. Caution: as of this writing DJIA is down 146 points.

LUMBER LIQUIDATORS (LL) BLOODBATH

July 7, 2011

Lumber Liquidators (LL) is a specialty retailer of hardwood flooring. Lumber Liquidator reported terrible earnings. Lumber Liquidators is down $7.28. The down move is justified. However, we do not invest looking in the rear view mirror, we invest looking forward. The overall stock market has been extremely strong for the last eight days. Gurus are out in force claiming that the soft patch is over. Well, if the soft patch is over, Lumber Liquidators should do well going forward. Lumber Liquidators is now On Our Radar Alert. This means

NVIDIA (NVDA) AND ATMEL (ATML) IN AMAZON (AMZN) TABLET

July 6, 2011

There are reports today that Nvidia (NVDA) and Atmel (ATML) components are in the upcoming tablet from Amazon (AMZN). If there is any actionable signal it will be provided in the Real Time Feed of the ZYX Buy Change Alert.

APOLLO GROUP (APOL) IS ON OUR RADAR

July 1, 2011

Apollo Group (APOL) is one of the largest for-profit education companies. To be included in On Our Radar Alerts, a stock has to meet at least four of the six screens of the ZYX Change Method. A further requirement is that the probability of the other two screens being met is high. Apollo Group reported earnings yesterday after the close. After updating the earnings data now Apollo Group meets four screens. Apollo Group reported $1.51 vs consensus of $1.33. Apollo Group guided revenue of $4.65 billion to $4.75 billion for 2011 vs consensus of $4.67 billion.

NVIDIA (NVDA) BACK TO BULL BREAK POINT

June 27, 2011

Nvidia (NVDA) is one of the worst performing stocks in NASDAQ 100 today. Nvidia has not performed in spite of receiving an upgrade. Now Nvidia has retraced to the level where the bull breakout started. From a technical perspective such a level often acts as a major support. But if this level is broken, expect Nvidia to move down rapidly. December 2010 bull breakout point is $15.33.

GARMIN (GRMN) SLUMPS

June 27, 2011

Garmin (GRMN) is slumping hard today. Garmin makes GPS systems and devices. Its main competitor from Europe, Tom Tom reported slumping sales from GPS devices in the U.S. Garmin is down in sympathy. If there is an actionable signal, it will be provided on the Real Time Feed of the ZYX Buy Change Alert or the ZYX Short Sell Change Alert.

NETFLIX (NFLX) DODGES FACEBOOK BULLET–MICROSOFT (MSFT) ACQUISITION

June 24, 2011

Here are the exerpts of the article on Netflix (NFLX) and Microsoft (MSFT) by Nigam Arora. Netflix Dodges Facebook Bullet Most investors, including me, have been very concerned about the threat that Facebook poses to Netflix (NFLX). I am long on Netflix from $101.00. I carry a heavy weight on my shoulders as subscribers to ZYX Buy Change Alert are also long from $101.00, and I have often mentioned to the subscribers that Netflix is the most risky stock in the model portfolio. We have taken profits along the way and now hold only a small position. My concern was

ADDING TO ZAGG (ZAGG)

June 22, 2011

Short squeeze on ZAGG (ZAGG) continues. We are taking advantage of this short squeeze in ZAGG and adding a 15% tranche at $15.07. Our long-term target on ZAGG is $3.00. Those not in ZAGG can initiate a tranche right here but only if they have prior experience of handling short squeezes. Our plan is to add to our position in ZAGG if the stock goes higher.