Yes, the SIMULTANEOUS SHORT SALE of FAS and FAZ has been profitable, so forget buying these pieces of junk, sell ’em when you want to take a position! Please bear in mind the risk of short selling. If you need to hedge, there may be no shares to short, causing alpha draining buys to cover…
Here are the tickers making noise on StockTwits. Apple looks ready to plunge into the abyss. If you’re a regular reader of Smoking Securities, you know I think AAPL is a dog. $27 cash is great, but using using a low estimate of 4.66 EPS next year, a 10 PE makes this a $74 stock….
Here are the tickers making noise on StockTwits Alcoa is pulling back into support, and technically remains in an uptrend. This may be a good long candidate once the market stabilizes, but stay away until another X gets printed. Time for a wholly spurious prediction. Citi will go to three and announce there is no…
Stocks buzzing on StockTwits.com The high volume suggests accumulation, so I like small long positions and extreme caution. Stockcharts.com isn’t showing me any volume, but the trend looks good for the bulls. These 3x’s are a disciplined day traders dream, and an investors nightmare. N00bs beware. I’ve felt RIMM was a dog for quite some…