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Daily Archives: April 25, 2008

The 52-Week Low Club (AAI, HRZ, IAR, LEE, NTGR, PAY, UCBH, VDSI)

Posted: April 25, 2008 at 2:41 pm

Despite the recovery we have seen, many stocks are still hitting 52-week lows.  Some of the names this Friday were as follows, just keep in mind that not all of ...
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Philip Morris International Files To Tap The Liquidity Well (PM, MO)

Posted: April 25, 2008 at 1:10 pm

Philip Morris International Inc. (NYSE: PM) has just filed a shelf registration that would allow the international tobacco giant to sell debt securities and warrants to purchase debt securities.  As ...
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Short Sellers Exit Apple (AAPL)

Posted: April 25, 2008 at 11:52 am

Maybe some of the investors short Apple (NASDAQ: AAPL) figured the company would have a good quarter. Shares sold short in the consumer electronics firm fell 3.8 million shares to ...
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Dell (DELL): Short Sellers Show The PC Firm Disrespect

Posted: April 25, 2008 at 11:40 am

David Herro, Harris Associates' chief investment officer, recently said that he loves Dell (NASDAQ:DELL) as an long-term buy. A lot of short sellers don't see it that way.The short interest ...
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Sun Microsystems (JAVA): The Short Position Builds

Posted: April 25, 2008 at 10:57 am

The short position in Sun Microsystems (NASDAQ: JAVA) is moving up, For April 15, it jumped by 6.0 million shares to 33 million. The was the sixth largest move up ...
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Short Seller Make Killing In Starbucks (SBUX)

Posted: April 25, 2008 at 10:48 am

Starbucks (NASDAQ: SBUX) has become a short seller's dream. Shares sold short in the company moved up by 4.9 million to 39.8 million on April 15 compared to the figures ...
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Sirius (SIRI): The Shorts Pile In

Posted: April 25, 2008 at 10:40 am

Short sellers have fallen in love with Sirius Satellite (NASDAQ: SIRI). Actually, they were already in love. It has moved to infatuation.The short interest in SIRI sky-rocketed for the period ...
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Vonage ‘May’ Have Financing Set Up (VG)

Posted: April 25, 2008 at 8:11 am

Vonage Holdings Corp. (NYSE: VG) has signed a non-binding letter of intent with "a third party financing source" to provide $215 million in a private debt financing.  The company noted ...
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Vulture IPO: Hatteras Prices IPO (HTS)

Posted: April 25, 2008 at 7:46 am

Hatteras Financial Corp. (NYSE: HTS) has priced its initial public offering of 10 million common shares and should open shortly after the open this Friday morning.  The offering priced at ...
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Hansen Combats Short Sellers With Larger Buyback Program (HANS)

Posted: April 25, 2008 at 7:15 am

Hansen Natural Corporation (NASDAQ:HANS) has announced a new share buyback program for up to $200 million of its own common stock. The Board of Directors has thus terminated the previous ...
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Oppenheimer’s Lack of Enthusiasm for Ethanol (AVR, PEIX, VSE)

Posted: April 25, 2008 at 6:39 am

Oppenheimer has initiated coverage of the down and out US-ethanol sector, and the group was given a lackluster "Perform" rating."Perform" ratings have been assigned to Aventine Renewable Energy (NYSE: AVR), ...
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Top 10 Pre-Market Analyst Calls (AET, BIDU, F, JNS, IPG, LOW, HD, NEM, NOC, RSH, VM)

Posted: April 25, 2008 at 6:25 am

These are ten of the top calls we see affecting shares this Friday morning in the early pre-market trading hours:Aetna (NYSE: AET) raised to neutral at Credit Suisse.Baidu.com (NASDAQ: BIDU) ...
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AirTran Raises Much Needed Cash (AAI)

Posted: April 25, 2008 at 5:54 am

AirTran Holdings Inc. (NYSE: AAI) has priced $65 million a 5 1/2% convertible Senior Notes due 2015.  The company is also given underwriters a 30 day overallotment option for $9.75 ...
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Microsoft’s (MSFT) Good News: It Is No Longer Just Software

Posted: April 25, 2008 at 5:10 am

Analysts hung crepe for hours after Microsoft (MSFT) announced it quarterly results. Revenue did not grow enough and earnings were light. Sales were actually down at the company's three huge ...
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The First Good News About Oil In Years: Brazil Discovers Oil, Could Open Sovereign Fund

Posted: April 25, 2008 at 4:47 am

The prevailing wisdom is that oil prices will keep rising. One CIBC analyst recently said it will hit $200 by 2010, driving US gasoline prices to $7.The Brazilians say they ...
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