Tag Archives: Continues

Turn-Around Continues For Lender Processing Services As More Call Buying Counters Increasing Short Interest

By Dr. Duru:

Lender Processing Services (LPS) has gained 31% year-to-date. This jump follows the activity of intrepid traders/investors who loaded up on LPS June $ 21 call options in December – these call options have now roughly doubled in price. Call buyers rushed in after LPS dropped 17% in one day after the company’s legal woes worsened. In parallel, LPS’s new troubles emboldened shorts to return after a steep 4-month drop in short interest. In the four weeks following December 15, short interest in LPS jumped 44%. Shorts were 6.8% of LPS float as of January 13, 2012.

click to enlarge

Shorts rush back into LPS after the company suffers a legal setback in Nevada

Source: NASDAQ.com

Market Continues to Surge – Scan for the 26th of January

Another day of wildness and just way too many alerts – this market has been nuts and it’s almost stressful the amount of plays there are since I never want to miss any try to nail them…



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InvestorsLive

Bank Of Ireland Has Upside If Europe Continues To Improve

By Sammy Pollack:

If Europe has seen the worst of the debt crisis as discussed here, the time is now to start buying into distressed European stocks. One speculative European bank worth betting on is Bank Of Ireland (IRE).

A five year chart of IRE is shown below.

click to enlarge

(cnbc)