1. AIG – stock continues to decline, now down 8% since its earnings results last week and now essentially trading at the low from early October. A trader made a fairly large upside bet in …
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Web 2.0 names are getting annihilated again today, and frankly it is getting ugly with LNKD down 7%, Yelp down 8.5% and FB down 5%. Nasty business. I leave half of a long stock position …
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Back in mid-June I made the argument (below) that despite challenged fundamentals, stocks like ZNGA could be a reasonable speculative long when you consider their large cash balance, investors’ appetite for speculation and the potential …
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MorningWord 7/2/13: As a fairly new entrepreneur, I hope I never have to do what ZNGA Founder & CEO did just yesterday, fire himself. Yesterday ZNGA announced the hire of Don Mattrick for the CEO role, MSFT’s former …
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MorningWord 6/14/13: Catching sentiment shifts in unloved stocks can be one of the most satisfying feelings as a trader/investor. The only problem with doing so is that more often than not you will be early. …
Continue readingFacebook has had a rapid fall from grace relative to just a few weeks ago. In late January, the stock was being touted as the comeback kid, leading the social media space higher after being …
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1. JCP – there was a buyer of at least 8000 Feb08 weekly straddles for $1.24 with stock trading $19.12. Stock quickly went up over $20. IV30 is up 4.5%. Stock had been down on …
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Here’s a preview of what I’ll be discussing tonight on Options Action at 5:00 pm EDT on CNBC: Let me first say that the trade idea I’m proposing today is a very low conviction trade, …
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ZNGA is a company at the crossroads of a massive change in the gaming sector from the more traditional console, multi-player, or desktop format to an fast growing mobile-centric platform that has its share of profitability …
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