BBRY’s results and lack of guidance and future transparency is an all out disaster, plain an simple. It appears that the new management has fallen victim to some of the bad habits of the old …
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Despite BBRY’s 25% ytd gains, the stock still seems to be stuck in the mud, as much of the gains came in the first month of the year. Investors have been sitting and waiting for …
Continue readingTrade Update June 27th, 2013 at 9:41am: With the SPX up ~80 bps since my bearish trade yesterday morning, I am adding to the position now, doubling up as I think we are right in …
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Trade Update June 25th, 2013: The original thesis on LULU was that the 65-75 range was an appealing area to play for, mainly based on the attractive risk/reward on the July 65/70/75 butterfly (risk 1.10 …
Continue readingTrade Update June 24th, 2013 at 12:24pm: With BA down 6% in a week since placing this near term bearish bet, I am going to take my profits and move on as the stock could …
Continue readingTrade Update June 21st, 2013: Earlier this morning CC updated our thoughts heading into today’s expiration in his Considering Our Options post (here) and the conclusion was with both spreads at intrinsic value that …
Continue readingTrade Update June 21st, 2013: I am going to go back to the weakness in European Bank stocks that I highlighted last week as the impetus to initiate the bearish view on the XLF. …
Continue readingWhen I wrote this hypothetical trade up on Friday, my apprehension at the time was too press the short on a down day in the market, and as the stock had reversed 1.5% from the …
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