April 29, 2010
From Minyanville today:
Bye bye Palm (PALM)! Takeover rumors have been swirling around the beleaguered smartphone maker for weeks, and indeed, Hewlett-Packard (HPQ) just announced that it’s acquiring Palm for $5.70 a share, a 23% premium to Wednesday’s close.
But Palm didn’t stop there — the stock went as high as $5.95 in after-hours trading, indicating that [...]
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April 20, 2010
I rarely make unhedged options trades, but yesterday I bought a chunk of Motorola (MOT) July $6 puts. This is a bet that Motorola’s stock price will drop by more than 20% by July – preferably by April 29th when the company reports Q1 earnings.
Here are 5 reasons I’m betting against Motorola.
1) Last Quarter Stunk
Despite [...]
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