Todd Sullivan submits:
Did not expect this…..means the increase in share price over the past month was not due to short covering their bets. They added 2m more
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Mercenary Trader submits:
by Mike McDermott
After an extended period of benign and largely bullish market action, the tectonic plates are beginning to shift.
LOLO investors (Long Only, Leveraged Outright) are suddenly confronted with the reality of a two-way market, and the concept of “risk” once again matters when it comes to allocating capital.
On Friday, the Dow dropped  [ Read More ]

Intelligent Speculator submits:
Yahoo (YHOO), the company that once defined the Internet, is quickly being left behind. I have been very vocal in my dislike of how things have been going for Yahoo and other similar companies such as AOL (AOL) and IAC Interactive (IACI). But Yahoo clearly remains the top stock in  [ Read More ]

No One Of Consequence submits:

January 27, 2011 night – Shares of Netflix ended up by roughly 15% to top all S&P 500 advancers after a profit report that is being unanimously described as ‘blockbuster," as if to cruelly twist the knife at its crestfallen competitor in Chapter 11. Today’s all-time high  [ Read More ]

Matt D’Alto submits:
Well, I will be the first to admit that the timing of the call to sell NFLX in front of earnings was dead wrong (see earnings results here and earnings call transcript here). Moreover, Netflix (NFLX) put the screws to the shorts, and the shorts have been covering en masse ever since NFLX’s  [ Read More ]