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Another Short Thesis On Mallinckrodt Just Surfaced
Monday, February 6, 2017 - 3:19pm | 426Mallinckrodt PLC (NYSE: MNK), a developer of branded and generic specialty pharmaceutical products and therapies, is a popular stock among short sellers. Back in January, Martin Shkreli explained to Benzinga why a Federal Trade Commission lawsuit against the company is justified. Prior to that,...
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Seven Mid-Cap Basic Materials Stocks With Heavy Short Interest
Tuesday, July 10, 2012 - 6:37pm | 849Economic fears are running high in the global markets, and the most efficient means of trading economic sentiment with individual stocks may be the highly-cyclical basic materials sector. Alcoa (NYSE: AA) kicked off earnings season on Monday after the closing bell and the price action in that...
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Short Strangle Options Strategies
Thursday, April 26, 2012 - 1:11pm | 648A strangle is not as violent as it sounds, nor as deadly. It simply is a variation on the straddle, and it presents some interesting possibilities in terms of profit potential and risk. When two strangles are combined with one another, it forms a popular strategy known as the iron condor. A...
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Is Apple Stock the Short of a Lifetime, or the New Widow Maker?
Tuesday, March 27, 2012 - 12:59pm | 888By Keith Fitz-Gerald, Chief Investment Strategist, Money Morning I have a confession to make. I believe Apple stock (Nasdaq: AAPL) is going to be world's first trillion-dollar company, yet I want to short the snot out of it. Am I being compulsive?...impulsive?....or foolish? Perhaps it is all...
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Fluor Corp ( FLR:NYSE )
Sunday, February 28, 2010 - 1:46pm | 239The shares of Fluor Corp ( FLR:NYSE ) gapped down on 2252010 after fourth-quarter profit fell short of analyst expectations, and the Company cut its guidance for 2010 stating that orders remain weak and they expect delays in large projects . That news helped reinforce the direction of the...
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POWERSHARES DB BASE METALS FUND (DBB) - A Leader ?
Tuesday, February 23, 2010 - 9:46am | 279From 1/06/2010 to 2/05/2010 the share price of PowerShares DB Base Metals Fund ( DBB:NYSE ) dropped 6.47 points from 23.94 to 18.47 . Then, in the period 2/05/2010 to 2/19/2010 the share price retraced to 21.57. This value is a retracement Fibonacci sub-level where a reversal would occur if...
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The MS Operation was Terminated
Sunday, February 21, 2010 - 10:09pm | 168Morgan Stanley ( MS:NYSE ) was a leader in the minor correction that took place in the S&P 500 Index ( $SPX:NYSE ) in the last session. The stock price continued to correct until it reached 26.92 where it along with the Index reversed and continued rising to find a Resistance level. On seeing...
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Patience with the Patient ( MS )
Friday, February 19, 2010 - 10:18am | 276It was reported that Morgan Stanley (MS:NYSE) executive Colm Kelleher sold $1.38 million worth of shares, about 15 percent of his stake in the New York bank, according to a regulatory filing on Thursday. It was reported the sale was for tax purposes. According to the data supplied the 50,000...
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AMR Corp (AMR) - Control has been Lost
Friday, February 5, 2010 - 10:10am | 165The daily chart of AMR Corp (NYSE: AMR) shows that the minor correction is over and that the "pilot has lost control" and the steep dive has been resumed. The entry point in this short trade was 8.10 . With the close in the last session of 6.92 the paper gain is 1.18 per share. The initial target...
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Where's the Brillo ?
Sunday, January 24, 2010 - 3:21pm | 382Since my report of January 19th, 2010 one could say that AA really needs some "brillo" as the stock price has really gotten "tarnished". This review is for those who read and perhaps acted on the suggestion in my report " Tarnished Aluminum" to short AA at the $15.50 level. Briefly the short...