A little less than a month ago we took a near term negative view on COST as their 2 consecutive sales disappointments was too much to ignore for a stock that had just recently made …
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Back on Dec 24th we initiated a new long position in SIRI: TRADE: Bought SIRI stock at $3.58 Here were Dan’s thoughts at the time: what got me once again thinking about the stock is the …
Continue readingBack in early September, TV host extraordinaire, Regis Philbin called into CNBC’s Fast Money to discuss his investment in MU that he bought in early 2013 in the high single digits and suggested the stock …
Continue readingLast Friday I did something that we don’t usually do, bought puts outright in a very high implied volatility stock, TSLA. The trade was merely a near term defined risk bet that the stock’s battery …
Continue readingTSLA has had a very quiet rally of late, at least from the standpoint that every tick in the stock has not been broadcast on financial TV with dramatic images of fiery cars or Elon …
Continue readingI laid out my thoughts on COST this morning (below), and Enis previewed their earnings on Monday. Today, following earnings, the stock bounced off its lows of the day of around 117 and recently made …
Continue readingMorningWord 12/11/13: Costco is having a bad week…….this morning the big box discount retailer reported fiscal Q1 results that missed on eps and on sales, just a week after reporting worse than expected same store …
Continue readingTwitter’s long-awaited IPO will take place on Friday. The company is expected to be valued at over $10 billion. Of course, the market’s debate on how to appropriately value Twitter will continue for many months …
Continue readingEvent: GOOG reports its Q3 earnings tomorrow night, Oct 17th, after the close. The options market is implying about a 4% one day move, which is below both the 4 qtr avg of about 4.75% …
Continue readingMorningWord 9/12/13: In my 17 years in the business I have seen very few situations that rival the roller-coaster ride that NFLX shares have been on for the last 5 or so years. Most …
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