MorningWord 2/6/13: Since the June 2011 announcement that AAPL’s retail head, Ron Johnson was leaving to become JCP’s CEO, the stock and its investors have been on a wild ride. The announcement alone sent the …
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What a crazy stock. With HLF having rebounded from its open under 31 yesterday to about 36.50 as I write this (don’t blink) it’s time to look at possible exit strategies and the potential of …
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MorningWord 2/5/13: All that talk of last week of fresh highs in the Dow Jones Industrial Average was bit silly to me, the Dow, Really?? 1960 called, they want their stock index back. The Dow …
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MorningWord 2/4/13: As a trader, I make my fair share of mistakes, usually not the same one over and over again, but often times it takes a few attempts to break a bad habit …
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Names that report this week were generally the most active. FB – Call to put ratio was over 3 to 1 today ahead of its earnings report on Jan 30th. The weekly 34 calls, weekly 36 …
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Two high-profile hedge fund managers, Bill Ackman and Dan Loeb, both accomplished investors who know each other well, have taken opposite sides on Herbalife. David Einhorn, another high-profile manager, has been rumored to be involved …
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A lot of takeover-related trading today: NYX – ICE announced a $33 per share bid for NYX in cash and stock this morning. NYX closed up 34%, at $32.25. The Jan13 24 calls were the …
Continue readingHerbalife has dominated the headlines in the past 24 hours after Bill Ackman disclosed that he was short HLF, and that it was one of the best short opportunities he had seen in years (he …
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Update, Oct 2nd, 2012, 12:35 PM EDT: In yesterday’s CotD post (copied below), I highlighted the rise of implied volatility in Herbalife heading into the Value Investing Congress, as traders focused on Einhorn potentially revealing …
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To get a feel for the verbal power of a well-known hedge fund manager like David Einhorn, look at the 1 year chart of Herbalife stock: Over the course of 3 trading days …
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