Combine a D/E ratio of 331% with analyst forecasts that earnings will go down he next five years, throw in some toppy looking charts, and you end up with a stock I wouldn't want to own now despite it's current (as of Feb. 27, 2010) 4 star rating here.
This stock, which has been public since last September, has ZERO insider ownership. That almost by itself, makes it a reasonable short in my book. If the people in charge have that little faith in it how did it ever get up to the roughly $25 a share it hit in December?
This may be one of the few IPOs that never fall below it's IPO price. I can't find much information on it, but charts tell me it has gone longer than usual without taking the precipitous fall I expect from such stocks. On the other hand the 40 day price channel is narrowing, which is not a good sign for the bulls.
Until further notice I don't think taking any position on this stock, long or short, is advisable.
Another one for my "cover shorts" list. It's only been public for a bit more than 40 trading days, and I am not fond of that kind of stock, but other websites tell me that concensus analyst estimates are going up and the insider ownership percentage is also rising. That scares me.
Looks like time to put this on my "cover shorts" list. It hit a 220 day high today, Feb 22, 2010.
It might be time to cover shorts in this stock, as the Co. today announced settlemnts in some lawsuits it had been involved in. Wouldn't advise going long here, however.
Looks like time to put this thinly traded stock on my "Cover Shorts" list. [more]
This looks like a good stock to short, as of Feb. 15, 2010, anyway. It's price has been going up for several months due, I'm assuming, to a very positive earnings surprise in the September quarter. In spite of which the company has still LOST money over the last 12 months, and http://www.moneycentral.msn.com tells me the concensus earnings estimate for the outfit has been going down for the last 30 days.
An alert I recieved today tells me that my active "Outperform" pick lost 6.67 points today. Checking some other websites just now tells me that the stock's P/E, P/CF, and P/B ratios are considerably higher than I thought they were, and that there has been a worrisome amount of insider selling going on in the stock recently. For those reasons I am ending that "Outperform" pick and considering entering an "Underperform" pick on it Monday.
This May 2009 IPO looks like he kind of stock one could be tempted to short for a while longer, only to turn around and go long in the future. It is, like most recently public stocks, a horror movie on a P/E basis, but a legitimate grower that will be worth buying when available at a more reasonable price. Say $14, as opposed to it's Feb. 3 2010 close of $26.37. Put it on your watchlist for now.
Looks like time (as of Feb. 2, 2010) to cover shorts in this stock. Not time to go long yet, however.
Just did a quick attempt at deciding a reasonable price for this stock, and ended up with $5.00. Less than 1/2 of it's current $11 and change. Sound like a short candidate to you?