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BUY PPC (PILGRIM PRIDE)

September 25, 2008

PPC is down to $4.29 on announcement of major loss and non-compliance with debt covenants. We believe nothing material from longer term perspective has changed for PPC. Our analysis indicates that new agreement with lenders is likely. We had expected a loss double the street consensus of $0.86 due to corn and soybean prices. We recommend consider scaling in here and buy more on dips. 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 since 2007, without exception, is included in

CONSIDER SELLING 75% OF BAC

September 21, 2008

On Sept 16,2008 we recommended considering buying BAC. We bought at $22. Our thesis for buying remains intact. However, in view of out sized gains in just three days, we exited at $38.83 on Sept 19 right after the open. Those still holing BAC should consider selling 75% of the position here and buying back again on dips in twenties. Exact entry points to be determined by news, sentiment and money flows. 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

WE HIT BULLS EYE ON TREASURY BAILOUT PLAN,SELL BCS, WATCH UBS AND RBS FOR SALE, OTHER SHORTS AND ARBITRAGE OPPORTUNITITIES

September 20, 2008

We hit bulls eye by informing you before it was generally known that the bailouut will not cover non US institutions and providing you with the oppotunity to exit BCS position with over 30% profit in three days. Following is the text of the Treasury plan: September 20, 2008, 1:05 pmTreasury’s Financial-Bailout Proposal to CongressThe following is the legislative proposal from Treasury Department for authority to buy mortgage-related assets:Section 1. Short Title.This Act may be cited as ____________________.Sec. 2. Purchases of Mortgage-Related Assets.(a) Authority to Purchase.’“The Secretary is authorized to purchase, and to make and fund commitments to purchase, on

SELL BCS ( BARCLAYS )

September 19, 2008

On Sept 16, 2008 we recommended buying BCS due to their buying Lehman assets on the cheap. In three days, we have profits from buying at $22 to the after hours price of $ 29-30. Our sources inform us that US government plan to buy illiquid assets will not be available to non US domiciled banks, and of course BCS is a British bank. As this information becomes widely disseminated on Monday, the stock may fall in London long before US markets open. We recommend selling now in the aftermarket. There seems to be size in the aftermarket to accommodate

CONSIDER BUYING BAC (BANK OF AMERICA)

September 16, 2008

Strategic value of MER outweigh potential loses from MER balance sheet. BAC has traditionally done a good job at integrating acquisitions, but MER is a different animal than traditional commercial bank acquisitions. However, our review shows that more likely than not MER will be successfully integrated in BAC and strategic synergies will be fully realized. BAC has had difficulties with meaningful international expansion. MER also solves this problem. Consider tip-toeing right here and adding aggressively in low to mid twenties. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING

CONSIDER BUYING BCS (BARCLAYS)

September 16, 2008

We believe BCS purchase of Lehman assets in bankruptcy is a coup. This is a major change as it will significantly increase BCS presence in US. The current financial crises will pass and the assets bought cheap will pay rich dividends. Consider scaling in in $22-23 range and add on dips. 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 since 2007, without exception, is included in the performance results. Number of winning positions: 162 Number of losing positions: 10 Average

HOLD SNDK (SANDISK) LONG POSITION

September 16, 2008

After the close, Samsung announced $26 cash bid for SNDK. The offer is not contingent on financing. We believe there is a distinct possibility of a competing bod from Toshiba. On the other hand there is some antitrust risk in Samsung bid. On balance, we believe it is advantageous to hold the long position.In our last post we suggested selling 75% of long position to lock in profits per our methodology. If you followed our methodology, during the recent pullback you have added to SNDK position in $14 range. On the other hand, some stops should have hit. On balance,

CONSIDER PARTIAL SELL SNDK (SANDISK)

September 5, 2008

Recently, we warned against shorting SNDK and recommended buying SNDK around $13 due to possibility of a buy out. Today Korea’s ETimes reports that Samsung may be considering buying SNDK. Our sources indicate that report is true. Moreover, it makes sense. In keeping with our methodology to lock in profits , we recommend scaling out of 75% of the position in $17 to 19 range with a tight stop for the rest 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