Molycorp, Inc. produces and sells rare earth and rare metal materials in the United States and internationally. The company’s Resources segment extracts rare earth minerals, including rare earth concentrates; rare earth oxides (REO), such as lanthanum, cerium, neodymium, praseodymium, and yttrium; heavy rare earth concentrates, which include samarium, europium, gadolinium, terbium, dysprosium, and others; and SorbX, a line of proprietary rare earth-based water treatment products (more…)
Sodastream (SODA) is popping
SodaStream International Ltd. engages in the development, manufacture, and sale of home beverage carbonation systems that enable consumers to transform ordinary tap water instantly into carbonated soft drinks and sparkling water. The company operates through four segments: the Americas; Western Europe; the Asia-Pacific; and Central and Eastern Europe, the Middle East, and Africa. It offers a range of soda makers; exchangeable food-grade carbon-dioxide (CO2) cylinders and refills; reusable carbonation bottles; and various flavors to add to the carbonated water, as well as sells additional accessories, such as bottle cleaning materials and ice cube trays. (more…)
Liquidity Services (LQDT) has short squeeze potential
Liquidity Services, Inc. operates various online auction marketplaces for surplus, salvage, and scrap assets in the United States. The company’s auction marketplaces include liquidation.com that enables corporations to sell surplus and salvage consumer goods and capital assets; govliquidation.com, which enables selected federal government agencies to sell surplus and scrap assets; and govdeals.com that enables local and state government entities, including city, county, and state agencies, as well as school boards and public utilities to sell surplus and salvage assets. (more…)
Blue Nile – An earnings disappointment leads to opportunity
Blue Nile has a combination of things going on that I like to look for as a speculative trade: (more…)
Pre-earnings Bullish trade in ZOLT
Company Profile for Zoltek:
Through its subsidiaries, develops, manufactures, and markets carbon fibers and technical fibers primarily in the United States, Europe, and Asia. It offers commercial carbon fibers, which are used as reinforcement material in composites for commercial products; and technical fibers, including oxidized acrylic fibers and specialty carbon fibers to manufacture aircraft brake pads and for heat/fire barrier applications. (more…)
Bullish “call” in MagicJack
With most of the market in the red today (after dropping several straight sessions in a row), we’re seeing a lot of risk off across the board. Days like today sometimes are a chance to sort through the wreckage and find some upside risk/reward plays. I ran a finviz filter looking for stocks trading up, sorted by short interest, which are reporting earnings this week, and MagicJack came to my attention. Up 6.66% today after losing 18% last week. Short interest is high at 36%. (more…)
SKUL, love the symbol!, short
If you have followed my other picks, hopefully you have picked up on my reasons. Range bound, price a little low, but good looking chart. Entry is pretty far from close, but with these lower priced stock I need the momentum in my favor. Only difference here (as opposed to past picks) is that this stock did not show an unusual increase in volume. Looking more at pattern.
Long Constant Contact (CTCT) ahead of Apr 26 Earnings
Constant Contact is up today in a down market. While Google may be down today, it’s earnings release yesterday noted some strong advertising spending, which bodes well for Constant Contact. I am expecting a run-up from here heading into the earnings announcement in a few weeks. Short interest is very high, and we’ve seen 2 days of what could be considered short covering.
Long DOLE – Short covering rally
Dole breaking out of a double bottom after reporting narrower 4Q loss of (.02) vs (.12). B/o above the 10.20 level, and a short squeeze is underway. DOLE has a short ratio of 30 – which means 30 days to cover the short interest currently on the stock. Upside Price Target on the shares is $11.61, which should value the option at $1.60 per contract. I purchased my shares @ .85. Currently the bid/ask is .90 – 1.15, and I think it is still actionable if you can get in at $1.10 per contract. Make sure to manage your max risk on this trade, expect to lose all that you put into it. So only purchase up to the max risk of your portfolio.
Short Squeeze in Aruba Networks (ARUN)
Short squeeze kicked off this morning in ARUN. Positive news story in Barron’s over last weekend to support the move: (more…)