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Long Stratasys – buying the dip

  • Author: Terrence
  • Ticker: SSYS
  • Trade Opened: Sep 26, 2012
  • Trade Closed: Oct 4, 2012

Stratasys is a stock that has been getting pummeled for the last month or so. I actually posted a bearish trade idea on Learning Markets about SSYS, which was well timed, though poorly executed on my part, having chosen to close the idea too soon.
Now the idea is to go long. The last 2 days of trade . . .

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Bear trade in Green Mountain (GMCR)

  • Author: Terrence
  • Ticker: GMCR
  • Trade Opened: Aug 23, 2012
  • Trade Closed: Oct 4, 2012

According to finviz, GMCR has a short float of 27%. That’s a pretty high short float, and from a bullish contrarian standpoint, that short float could portend a short squeeze since those short the stock eventually need cover, and that will cause the share price to go higher.
I do not know how long the . . .

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Long option call on HOV

  • Author: marshall
  • Ticker: HOV
  • Trade Opened: Sep 24, 2012

Alright – - this one seemed easy. Too easy. The home building market is clearly coming back. 15 months from now there is no way on God’s green earth that HOV won’t be over five bucks. It’s already at four. So I bought 15 contracts for that call on Friday but I am thinking of adding more.
Any . . .

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Bullish on CAT with Calls

  • Author: msoomro64
  • Ticker: CAT
  • Trade Opened: Sep 19, 2012

CAT’s seem to start an uptrend around end of August and crossed it’s $90 resistance on 9/14. Yesterday it had bullish engulfing candle and today it gapped up slightly. Stochastic on daily is in oversold region but I think it will stay there for a little bit. I am thinking next resistance is around . . .

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Bearish on Energizer (ENR)

  • Author: Terrence
  • Ticker: ENR
  • Trade Opened: Sep 13, 2012
  • Trade Closed: Sep 19, 2012

Energizer looks like a good “short the dead cat bounce” opportunity, bumping up against the 50 SMA and finding overhead resistance around the same level. No unusual options activity. It came up on my short screen, looking for stocks under their 200 and 50 day moving averages, negative sales growth . . .

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Bullish on Quanex Building products(NX)

  • Author: Terrence
  • Ticker: NX
  • Trade Opened: Sep 17, 2012

Quanex, ($19.00, with a RSI(14) of 67 – not yet overbought), a maker of aluminum products for home building, is BROKE out of an ascending triangle formation Friday. Options volume was active in the March Calls.
Fundamentally, the company has been doing poorly the last several quarters, depressed by . . .

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