2nd Update Aug 17,2011: With the stock at 15.86 I am selling this spread at 1.17 that I paid .55 for last week, stock cant get through 16 and I will look to re-enter the position at …
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As most readers of this site have become acutely aware by now, not only do I not believe in “buy and hold’ investing but I tend to be a bit of a contrarian when it …
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Lets go to the charts. As the S&P 500 (SPX) is trying to find a bottom, its my view that technical analysis could be very instructive. After spending the better part of this past year banging around between 1250 and …
Continue readingUpdate Aug 11, 2011: CSCO is up 16% to $16 (far exceeding the 10.5% implied move in the options market) on better than expected earnings and guidance, albeit on dramatically lowered expectations……The company is in …
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CSCO $13.85 Company reports their fiscal Q4 tonight after the bell. The options marker is implying about a 10.5% move following earnings. Stock has sold off on average 11.25% over the last 4 qtrs….. MY …
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2nd Update 10:15am: CSCO getting going here, stock now up over 3%, I sold half my position for a small loss and selling the balance above my avg price, hopefully get out unchanged.
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CSCO ($15.95) has clearly seen better days, the stock has had 4 consecutive quarters where they have disappointed and lowered the out-quarter guidance. The company is in the midst of a massive restructuring that was …
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Bull markets, like the one we are obviously in right now, can be cruel even to stocks once synonymous with the term “bull market”. Take CSCO for example. The once great Tech titan is down …
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On Monday CSCO CEO John Chambers issued a memo to all email (excerpts are below) identifying the companies many strengths, while also their loss of focus and in some cases neglect. Chambers, in my opinion, …
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