After reading Baron’s Tech Trader Daily, it occurs to us that it will be relatively easy for someone to float a rumor of settlement between $TIVO and $DISH causing $TIVO stock price to shoot up. Of course, there may also be a real settlement.
Out of abundance of caution consider exiting rest of our $TIVO short position right here around $9.17. Earlier we exited 50% of the position at $9.07. Our short was from $10.65.
Our fundamental thesis to short sell $TIVO based on advent of networked DVR remains intact. Consider an automatic short sell signal on $TIVO if price shoots up on a settlement or rumors of a settlement.
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 annualized % return per position: 296.77%
………………Check out details .
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 annualized % return per position: 296.77%
………………Check out details .