Shares in Sun Microsystems (JAVA) have sputtered to a 52-week low of $17.25 down from a period high of $27.12. It would be hard to find a company that has worked harder…
Douglas A. McIntyre Since Sun Microsystems (NASDAQ:JAVA) and CMGI (NASDAQ:CMGI) have recently completed reverse stock splits, we wanted to see what short sellers had done in the stock. Short sellers often pile on more pressure…
Douglas A. McIntyre The short interest in many Nasdaq-traded tech and communications stock rose sharply according to figures from November 30. They compare to number from November 15, 2007. Shares sold short in Level 3…
Dell’s (DELL) slightly frightening forecast about more restructuring, acquisitions, and component costs probably hurt the company to the extent of a 14% price drop today. But, the shares are still at $24.24…
Nasdaq released short interest in stocks listed on the exchange for the period ending November 15 compared to the numbers on October 31. Short sellers made substantial bets that some financial and…
According to Reuters, Barclays (BCS) took a $2.7 billion write-down due to exposure to subprime markets. Reuters writes that IBM (IBM) will push into the business of running huge data centers for…
Sun Microsystems (NASDAQ:JAVA) (NASDAQ:JAVAD) traders may have a bit of identity crisis for the next month as the stock will begin trading ex-split to reflect its previously approved 1 for 4 reverse…
Douglas A. McIntyre Archer-Daniels Midland (ADM) $0.71 vs. $0.59 est. Asset Acceptance Corp. (AACC) -$0.05 EPS vs -$0.05 est. Beazer (BZH) cutting 1/4 workers and suspends dividend; sees new order down 50%. Church & Dwight…
Stock Tickers: ANF, ARO, AEO, ANN, ADSK, BMRN, CA, CHS, C, COGN, CWTR, ETR, GPS, GOOG, JCG, LF, MA, MSFT, ORH, ORCL, PAS, PNWIF, PT, RIMM, JAVA, SYMC, UA, URBN Abercrombie &…
Jonathan Schwartz, the CEO of Sun (JAVA) has a famous blog. One of the recent entries might come back to haunt him. He said that Sun would be "combining our Storage and…
Douglas A. McIntyre According to Reuters, Google (GOOG) launched a new mobile phone initiative with a number of handset makers and cellular carriers. Reuters writes that an analysts covering the financial industry expects more write-dwons…
Earnings expectations for Sun (JAVA) were modest. Wall St. was looking for a 2.5% increase in revenue to $3.27 billion. Forecasts were that EPS would be $.03, up from a ($01) loss…
Douglas A. McIntyre Share in Sun Microsystems (JAVA) have been drifting. Their performance for the last three months looks like larger proxies for big tech, Hewlett Packard (HPQ), Dell (DELL), and IBM (IBM). All four…
Below are the short positions for major companies traded on the Nasdaq as of October 15. The figures compare to numbers on September 28, 2007 Traders bet big on Sun’s turnaround, dropping…
Below is the short interest for selected stocks traded on the Nasdaq. The figures are as of September 28 and compare to numbers as of September 14, 2007. Largest Short Positions Company …
