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This was sent to TIMalert subscribers at 1AM EST this morning while you were trying to figure out how to analyze an irrelevant penny stock like E*TRADE Financial Corporation Uh oh, Seeking Alpha deleted the bio of the hedge fund analyst who wrote that negative piece on DDRX right before...[More...]
BloggingStocks: Analyst upgrades:
FBR Capital upgraded Overseas Shipholding (NYSE: OSG) to Outperform from Market Perform following the Q3 results as it believes the worst quarters are behind the company. The firm raised its target on shares to $48 from $35.
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A few weeks ago I wrote about the perils of shorting Diedrich Coffee (Nasdaq:DDRX) going into the strong holiday season. One thing I hadn’t considered: a potential buyout.
After the bell today, DDRX shares were halted while the company announced that Peet’s Coffee (Nasdaq:PEET) would buy Diedrich in a cash and stock deal valued at $213 [...]
From a purely technical perspective, there are a lot of reasons why Diedrich Coffee (DDRX) might be tempting to short. Shares are up over a hundred-fold from their 52-week lows of $0.21. Resistance in the 25-26 area looks like it may hold, and momentum is fading.
But when you look beyond the numbers, the trade looks [...]
There is still plenty of time to get your picks in for the stock-picking contest. The contest goes until the end of the year, and picks may be submitted at any time. The prize pool, so far, includes:
- a $75 Amazon.com gift certificate
- a 2-month subscription to Tim Sykes’ TIMalerts service
- 3-month subscriptions to Ian [...]
