The StockMasters - Wall Street News and Commentary for the Savvy Investor

Sears Holdings (SHLD) 57% Short Interest and LL Cool J

Ted Gottsegen — Tue, 19 Aug 2008 11:58:47 -0700

How's that for a headline, both statements valid. Besides the huge short interest in Sears Holdings (NASDAQ:SHLD) shares, there's an exclusive LL Cool J “collection of casualwear for juniors, young men’s, girls and boys” coming right in time for back to school. Going back to Cali? Going back to School? I don't think so.

China stocks take a hit (FXP)

theStockMasters Staff — Tue, 19 Aug 2008 09:54:47 -0700

The Masters were late coming to the short China call, but none the less, after we wrote Profit from the fall of China's stocks: The FXP back on Aug 2nd, the UltraShort FTSE/Xinhua China 25 ProShares (AMEX:FXP). has moved up 31%. Not bad for being late to the party.

The Great Lobster Mystery

Eric Cheshier — Tue, 19 Aug 2008 09:06:47 -0700

Another down day in the market - here's an interesting read on Lobster, courtesy of Slate: Food prices are soaring -- so why are prices for the delicious crustacean falling?

Back to Gold? Ask the Flav

theStockMasters Staff — Mon, 18 Aug 2008 14:56:26 -0700

Gold is all over the place, up, down, and almost as risky as calling 911 and getting help. Hold up, who knows more about gold teeth and fashion and 911 being a joke in your town? There's not a minute to spare.

SanDisk (SNDK) takeover rumors cause pain

theStockMasters Staff — Mon, 18 Aug 2008 13:13:21 -0700

Can it get any worse for SanDisk Corp. (NASDAQ:SNDK) shareholders? Today analysts slammed rumors of a takeover by hard-drive maker Seagate Technology and brought shares less than $3 from their 52-week low closing at $15.84 a share.

Trouble Ahead: Forgetaboutit

theStockMasters Staff — Mon, 18 Aug 2008 09:44:42 -0700

Inflation, tightening lending standards, falling U.S. home prices, and Lehman Brothers (NYSE:LEH) running out of money and embarrassing even Sopranos style management -- where do you put your portfolio?

Gold for Monday

theStockMasters Staff — Sun, 17 Aug 2008 21:40:15 -0700

Gold stocks should be fun come tomorrow morning, this just in -- Aug. 18 (Bloomberg) -- Gold and silver climbed as the dollar snapped a three-day advance on speculation U.S. housing and inflation reports this week may limit the ability of the Federal Reserve to increase interest rates. Just what we talked about on Friday: Gold under $800, Go UUP

Suncor Energy (SU): When do you Buy?

Frank Lara Jr — Sat, 16 Aug 2008 21:53:28 -0700

Suncor Energy Inc. (NYSE:SU) is the world's second-largest oil-sands mining company and its shares are down 30% since late May. The Masters have gone on and on about the DUG, but the lower SU goes the more tempting it becomes to buy shares. But when will the pain end for Suncor shareholders?

Time to go Cash or Wal-Mart (WMT)

Frank Lara Jr — Fri, 15 Aug 2008 09:41:37 -0700

Its hard to trust the market right now, so much bad news just brewing underneath it all and the American consumer is getting killed. Retailers counting on 'Back to School' shopping are going to have another thing coming, worse yet are the shareholders knee deep in 'cheap' retail stocks. Besides cashing out your chips, another safe bet is evil Wal-Mart Stores Inc. (NYSE:WMT)

Gold under $800, Go UUP

theStockMasters Staff — Fri, 15 Aug 2008 08:47:59 -0700

Strong Dollar, Gold gets crushed. Let it fall, as Yamana (NYSE:AUY) and the other gold stocks fall its even better for when the masses start to cash out of American bucks and U.S. financials then repeat the cycle again.

Mastery: Right on Hansen (HANS)

theStockMasters Staff — Thu, 14 Aug 2008 12:21:34 -0700

Last Friday we told you it was Time to Buy Hansen (HANS), how right we were. After Friday's big run the stock is up another 23% since Monday. Looking for picks like that, its all about $9 a Year and our Master Picks Newsletter.

Sir Charles Financials run, que the SKF

Frank Lara Jr — Thu, 14 Aug 2008 09:22:22 -0700

BofA (BAC) and Lehman (LEH) both up 3% after being 'oversold'. Come on America, the problems are still there, today's rally in financials is worse than Charles Barkley saying his gambling is under control. The band-aid rally makes me think the ProShares UltraShort Financials (AMEX:SKF) is even more relevant for our portfolios.

Barry Ritholtz: DOW - 10,800 is a good technical target

theStockMasters Staff — Wed, 13 Aug 2008 13:50:59 -0700

Barry is the Godfather of financial blogging, The Big Picture and according to him, we've just been in a Sucker's Rally and 10,800 is a good technical target.

Play the played out: Potash Corp (POT)

Ted Gottsegen — Wed, 13 Aug 2008 11:08:23 -0700

The time to buy Potash Corp./Saskatchewan (NYSE:POT) was Monday when it was under $160 a share, today its already back up to $175. After making its run to $240 a share in June, Potash Corp. has come crashing back down to reality. But the fundamentals still support strong potash prices, so what to do?

The Buck Stops Here

theStockMasters Staff — Wed, 13 Aug 2008 08:32:02 -0700

Interesting article today on CNN Money about the Dollar:

The dollar has sprung off its deathbed, but a swift return to ruddy good health looks like a long shot.

Vitaliy Katsenelson's view on China, go FXP

Frank Lara Jr — Tue, 12 Aug 2008 15:17:21 -0700

At the start of August the Masters wrote: Profit from the fall of China's stocks: The FXP. In just two weeks the UltraShort FTSE/Xinhua China 25 ProShares (AMEX:FXP) is up over 13% and Vitaliy N. Katsenelson has wrote the perfect article to explain it all.

Midway Games (MWY) continues to get Killed

Steve Reeves — Tue, 12 Aug 2008 09:26:51 -0700

Back in the day Midway Games Inc. (NYSE:MWY) the makers of Joust, Defender, Rampage and more was king of the arcade. It looked last month that Midway was on the comeback trail but a somber Q2 report last week dropped the stock from $3.90 to $2.58. So now what?

Oil Down go Long on the Dollar (UUP)

theStockMasters Staff — Tue, 12 Aug 2008 08:51:16 -0700

We told you to play the DUG back in June, it's now up more than 36%. Last week we told you to play the UUP. Thanks to oil falling, the U.S. dollar continues its bullish run and all the talking heads are all over the PowerShares DB U.S. Dollar Index Bullish (AMEX:UUP).

NotableCalls - Zoltek's (ZOLT) CEO knows what about his company?

theStockMasters Staff — Tue, 12 Aug 2008 07:30:38 -0700

Via NotableCalls.com with the recap of watching Zoltek Companies (NASDAQ:ZOLT) shares drop 25% in the last 2 days. Nice work CEO Zsolt Rumy.

Metalico (MEA) reports record revenue – but the stock falls?

Eric Cheshier — Mon, 11 Aug 2008 23:56:40 -0700

On July 31st, Metalico, Inc. (Public, AMEX:MEA) released revenue and earnings. In the last 15 days the stock has fallen a steep 16%. Not quite what investors were expecting from such a high performing call. Here are some highlights from the call:

VistaPrint (VPRT): What 51% Short Float?

Frank Lara Jr — Mon, 11 Aug 2008 11:24:55 -0700

VistaPrint Limited (NASDAQ:VPRT) was a great short play last year and up until July the stock finally bit back. The Bulls are charging ahead today and with good 'Buy' recommendations by analysts covering VPRT and more than half the stock short could this not be a perfect 'short squeeze'?

Yamana Gold (AUY): Bounce Play?

theStockMasters Staff — Mon, 11 Aug 2008 09:41:52 -0700

One of our favorite gold stocks, Yamana Gold Inc. (NYSE:AUY) is taking it on the chin today down 10% and just $1 away from their 52-week low. Sure gold prices have sucked lately, but AUY earnings, future output, and dividend to boot can't mean its gold garbage?

SiRF Technology down 30% to $2.26 a share

theStockMasters Staff — Mon, 11 Aug 2008 09:03:23 -0700

SiRF Technology Holdings Inc. (NASDAQ:SIRF) infringed on global positioning system (GPS) patents owned by Broadcom Corp. Just like the cops showing up to crash a party, SiRF Tech has more than Lieutenant Jim Dangle to worry about.

Stealth Stock Alert: Seattle Genetics Inc. (SGEN)

Eric Cheshier — Sun, 10 Aug 2008 20:37:07 -0700

Every once in a while I find a stock that has ninja-like stealth qualities. Seattle Genetics, Inc. (Public, NASDAQ:SGEN) is a Small Cap that has been flying under the radar for some time. Chances are, you’ve never even heard of it.

Another blow to the already beat down Whole Foods (WFMI)

Ben Stevens — Sun, 10 Aug 2008 11:05:37 -0700

Whole Foods Market, Inc. (NASDAQ:WFMI) stock already 40 cents away from a 52-week low takes yet another hit from an E. coli scare. Trading should be fun come tomrrow morning, the question is: how low will WFMI shares fall? Let the beat down begin.