-
Speculative Short To M&A Darling, A Look Back At StraightPath Communications Journey
Monday, May 8, 2017 - 2:29pm | 803Straight Path Communications Inc (NYSE: STRP) shares have been on the high since early April after AT&T Inc. (NYSE: T) clinched a $1.6 billion all-stock buyout deal for the company, valuing it at $95.63 per share. The stock was rangebound for a long time in the run-up to the announcement. Since...
-
Straight Path Communications Buyout Blindsides Short Sellers
Monday, April 10, 2017 - 10:13am | 593Shares of Straight Path Communications Inc (NYSE: STRP) were seen skyrocketing more than 150 percent Monday morning after AT&T Inc. (NYSE: T) announced a $1.6 billion all-stock buyout of the communications company. The buyout price of $95.63 is an incredible premium to where Straight Path was...
-
Electric Vehicle News That Might Be Negative For Tesla
Wednesday, March 15, 2017 - 5:11pm | 301While Tesla Inc (NASDAQ: TSLA) has been ripping over the past three months, the latest electric car news may actually present more competition for the industry leader. Electrek reported earlier this year, Los Angeles, San Francisco, Seattle and Portland requested an order of 24,000 electric...
-
StreetSweeper's New Short: Pulse Biosciences
Thursday, February 23, 2017 - 2:11pm | 536Shares of Pulse Biosciences Inc (NASDAQ: PLSE), a small-cap medical device company in the development-stage, hit a new 52-week high of $16.01 on Thursday even after TheStreetSweeper released a scathing short report on the company. Pulse Biosciences is working on a medical device that uses electric...
-
Mitek Spikes After Bullish Report On Benzinga Pro
Monday, July 25, 2016 - 3:13pm | 348Benzinga Professional reported Monday that sources close to Mitek Systems, Inc. (NASDAQ: MITK) say the company has entered into a nationwide agreement with a large pharmaceutical chain. Sources also told Benzinga Professional that Mitek’s Mobile Verify business is now doing over 500,000...
-
A Look At Mitek: 3 Bullish Developments Into Q3 Earnings
Monday, July 25, 2016 - 2:38pm | 304After a difficult month of June, investors in Mitek Systems, Inc. (NASDAQ: MITK) may be looking to earnings later this week for some relief. Mitek, a company that develops and sells mobile capture and identification software to businesses, was the target of a negative early-June report by...
-
StreetSweeper: Digital Ally's Stock 'Will Get Chopped,' Is A 'Poor Copycat' Of Taser
Friday, July 15, 2016 - 11:33am | 362Digital Ally, Inc. (NASDAQ: DGLY)'s stock has lost nearly 60 percent over the past year, but the shorter-term performance paints a different picture. The producer of digital video imaging and storage products for use by law enforcement officials rallied 50 percent over the past month...
-
StreetSweeper On Relypsa: 8 Reasons 'We Wouldn't Run Away & Join This Circus'
Thursday, June 9, 2016 - 10:49am | 389Shares of Relypsa Inc (NASDAQ: RLYP) were volatile Thursday morning. The company is the central focus of The Street Sweeper's latest short thesis. The Street Sweeper's Sony Colberg offered eight reasons why investors should consider running away from the stock and not "join this...
-
Exclusive: Mitek CFO Refutes StreetSweeper's Short Report
Friday, June 3, 2016 - 10:14am | 533Following a short report issued by StreetSweeper, shares of Mitek Systems, Inc. (NASDAQ: MITK) fell 16 percent on Thursday. Mitek's Chief Financial Officer Russell Clark spoke to Benzinga in response to the report and wanted it to be made clear: Mitek's business continues to do well....
-
Roth Capital Says Short Report On Mitek 'Creates Buying Opportunity'
Thursday, June 2, 2016 - 4:26pm | 432On Thursday morning, TheStreetSweeper published a report providing seven reasons why Mitek Systems, Inc. (NASDAQ: MITK), which had almost doubled since the beginning of the year, is on the verge of a nosedive. Among the issues were insider sales, intellectual property, Mobile ID competition and...
-
Citron Says Chemours Is 'Toxic,' Will Go Bankrupt
Thursday, June 2, 2016 - 2:34pm | 335Chemours Co (NYSE: CC) shares are down more than 7.6 percent in Thursday after Citron released a new report slamming the company as “a bankruptcy waiting to happen.” According to Citron, Chemours was actually created with bankruptcy in mind. Last week, roughly 5.2 million Americans...
-
Mitek Systems, Up 98% This Year, Is On The Verge Of A Nosedive: StreetSweeper
Thursday, June 2, 2016 - 11:47am | 333Mitek Systems, Inc. (NASDAQ: MITK) shares are tumbling 10 percent on Thursday morning after TheStreetSweeper released a report describing seven reasons why Mitek’s stock is on the verge of a nosedive. Here’s a rundown of the full list: 1. Since November, Mitek shares are up...
-
Wild Child Of The Week: MGT Capital Investments
Wednesday, May 18, 2016 - 3:05pm | 619It seems that every week, there is one more issue that blasts onto the trading scene. Often there is news on the issue, which attracts the fancy of day traders, the algorithmic and HFT crowd and sometimes — to little surprise — even a few hedge funds jumping into the fray to make a...
-
MGT Capital Traders Taking Some Profits After Bearish StreetSweeper Report
Wednesday, May 18, 2016 - 12:00pm | 324MGT Capital Investments Inc. (NYSE: MGT) is giving up a large chunk of its massive gains on Wednesday following the release of a bearish report by TheStreetSweeper. The tech company has been one of the surprise darlings of the market so far in 2016, delivering a staggering 1,350 percent year-to-...
-
Market Blows Off TheStreetSweeper's MGT Warning
Tuesday, May 17, 2016 - 2:39pm | 333Less than one month ago, MGT Capital Investments Inc. (NYSE: MGT) was trading under 23 cents per share. In Tuesday’s session, thanks to a perfect storm of news, short covering and market speculation, shares climbed as high as $4.98. MGT has become one of the biggest home runs of the year in...