Position update: Short term shorts
AMBC – Look for a short term short opp — shareholder lawsuit
ANSW – i am increasinly weary of this company, as they rely almost 100% on google adwords/adsense for revenue, fairly risky considering google has been pulling the plug on such sites.
DJI – Key supports have been ran though, dow level tomorrow 12000.
IDCC- solid earnings growth potential in the mobile handset market, just won a major patent settlement with Nokia. look for a price in the 30pps area in the mid term. (charts below)
FWLT- solid backlog of orders, trades quite well. Volatile but ROI is good. technically oversold conditions.
AET – solid stock trending well, good PingPong stock. you could pull 20 bucks out of it if you let it ride long term. cant have weak hands.
HUM – growth could go higher, keep a tight stop, trades inline wiht AET.
PXIT – reverse merger play possibly? Acculumation, and dilution going on….. ran hard earlier in the year on rumor, real thing coming up?