Is it politically correct to be bearish on our respected elders, and those who would take good care of them? Consider Brookdale Senior Living: BKD soared Friday on news that a competitor, Atria, had their real estate assets purchased, and the Street just figures, you know, that lightning just must strike in the same place [...]
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Update: The higher gap (around $31) we were looking at last week has indeed filled: A nice trade that we provided here, that increased so far 15.6% in nine trading days. If I was in GMCR, I would take profits here, I wouldn’t be greedy and try to get the $38 gap to fill, [...] I don’t know if we can call last week’s action in St. Joe a classic gap, . . . more like a continuous meltdown. What happened was influential investor David Einhorn announced at a conference that he was shorting the company, describing their Florida developments as “moonscapes.” Joe’s largest shareholder, Barry Berkowitz retorted that [...] Here’s one I was following pretty closely here in the spring: Supervalue gapped lower yesterday on an earning report indicating a quarterly loss and stalled turn-around plan. More than ten percent is available here if we can get SVU to fill that gap relatively quickly. OK bears, and all those with the long knives out for search giant Google; here’s your chance: You just know that massive 10% gap on 3rd quarter earnings is going to fill; its just a question of how long. Any guesses? There is some serious money to be made on this one! [...] The adventurous have profited from Sunday’s post: we got a nice gap fill at the $28 level and beyond: Not bad for a quickie trade, anyone gonna stick around and see if $31 fills? Now that bullish times have returned (for most), lets take a look at a real challenge for bulls who like to see gaps filled — out old friend Green Mountain Coffee Roasters: Of course, accusations of accounting gimmickry and an SEC investigation of same goes a long way to scaring off most investors, and [...] |
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