ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) I usually interpret insider buying by company executives as an extremely positive development. However, I am unsure what to think of CEO Mark Smith’s recent purchase of shares of Molycorp (MCP) stock (hat tip to … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) If you followed anything I have written about Research In Motion (RIMM), you know that the company may begin its latest massive share buyback as early as Monday, July 11. RIMM will buy up to … Read more
China Bears Have It Wrong: Jim Rogers – CNBC Commodity bull Jim Rogers says hedge fund managers such as Jim Chanos of Kynikos Associates and Hugh Hendry of Eclectica, who have been shorting Chinese related stocks and credits, have got it wrong. "Those guys have been dead wrong for two years. Chanos said two years … Read more
(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
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) An apparent downward shift in short interest was part of my premise in speculating that Research in Motion (RIMM) could experience significant upside after its last earnings call. It turns out that shorts increased almost … Read more