Turn-Around Continues for LPS As More Call Buying Counters Increasing Short Interest

(This is an excerpt from an article I originally published on Seeking Alpha on February 7, 2012. Click here to read the entire piece.) Lender Processing Services (LPS) has gained 31% year-to-date. This jump follows the activity of intrepid traders/investors who loaded up on LPS June $21 call options in December – these call options … Read more

Shadow Inventory Has Become Less Relevant to the Housing Bottom Debate

(This is an excerpt from an article I originally published on Seeking Alpha on January 23, 2012. Click here to read the entire piece.) Earlier this month, I argued that 2012 is the year to start betting on a bottom for housing in 2013 (see “Time to Buy the Dips in Homebuilders“). One of the … Read more

After LPS Plunges On New Legal Woes, Volume Soars in Call Options

This is an excerpt from an article I originally published on Seeking Alpha on December 29, 2011. Click here to read the entire piece.) In early November, I wrote that a turnaround finally seems to be materializing for Lender Processing Services (LPS). Regulatory and legal issues have long been a severe overhang for LPS, so … Read more

Shorts Retreat Ahead of Earnings Warning for Lender Processing Services, Puts Soar

(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) After discovering that shorts ramped ahead of earnings for Research In Motion (RIMM), I decided to check in again on the short interest in Lender Processing Services (LPS)… {snip} Source: NASDAQ.com So LPS caught bulls … Read more