Paper sold 10,000 RDN Jan 2014 5 Puts for $.45 (5.0 times usual volume) when stock was trading $8.42
Paper bought 19,884 LCC March 14-16 Call Spread for $.19 when stock was trading $13.46
Paper bought 9632 ENDP April 30-35 Call Spread for $1.45 (4.9 times usual volume) when stock was trading $1.45
Paper bought 9218 ELN July 11 Calls for $.80 when stock was trading $11.09
Paper bought 1131 TIVO March 13 Calls for $.26 when stock was trading $12.53
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HLF Update (HLF, NUS) 2.27.2013
Later on, D.A. Davidson reiterated a buy rating on HLF shares and issued a $78 price target as a result of adjusted 2013 EPS.
During the HLF conference call, the firm decided to announce a series of operational and financial changes to the company, calling it the ‘Build it Better’ program. The firm also disclosed that there have not been any updates to the SEC inquiry. During the after market, shares turned negative after the call ended. HLF reported 22% YoY EPS increase.
According to news sources, Ackman was not allowed to ask questions during the call. HLF CEO also said that he had ‘short discussions’ with activist investor Carl Icahn, but he had, ‘nothing concrete to report.’ Additionally, CEO Michael Johnson said that, “we continue to believe, obviously, that the stock represents a compelling investment opportunity.”
Later on in the week, HLF decided to recall some of their shake mix products. According to sources, the mixes contained some traces of dairy products when they were propertied to be dairy-free.
HLF is displayed below.
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What Would A Stock Split Mean for Apple (AAPL)? 2.27.2013
Well, a stock split is very straightforward. All it means, in this case, is the price will be chopped in half to $224 and the shares outstanding will double. This doesn’t affect the market cap of Apple, or the value of your current shares. The whole point of doing this would be to allow more investors/traders to pick shares of Apple. The concept of stock splits is no revolutionary idea, they are just a way to create some buzz and allow more people to get their hands on the stock. But hey, when the stock is down 36% in 5 months, splitting the stock might not be that bad of an idea! Can I hear a 3-1 or 4-1 split?
Apples pile of cash is no secret to anyone, as it continues to grow as you read this. But what could they possibly do with $135 billion that could satisfy investors? Increase the yield? Sure, if you own 10 million shares and are seeing these payouts extremely beneficial to your pockets. But for the average investor/trader that is not the case. What would be beneficial is to actually do something with that money, such as innovate and buy up companies that bring value. I truly miss the days where Apple would come out with a breath taking product twice a year. Of course Steve Jobs is gone, but is the vision?! I don’t think so, but its clear an ‘X’ factor is missing.
The meeting tomorrow will hopefully clear the air for everyone, and I do expect Apple to announce a stock split. But, what truly matters here is if Tim Cook is focused on quieting the whining from investors, or, focused on getting that Apple mojo back during the Job days.
Author: Peter Nitso
pnitso@yahoo.com
Twitter: @PeterNitso
Earnings Recap for PCLN & DWA 2.26.2013
Apple & Google Pivot Points for 2.27.2013
S&P Emini Pivot points for 2.27.2013
Biggest Bullish Activity 2.26.2013
Paper bought 4050 LVLT June 27 Calls for $.25 (2.1 times usual volume) when stock was trading $20.12
Paper bought 500 MT Jan 2014 12 Calls for $.20 (3.1 times usual volume) when stock was trading $5.46
Paper bought 2911 LIFE March 65 Calls for $.35 (2.6 times usual volume) when stock was trading $57
Paper bought 477 EPI March 18 Calls for $.75 when stock was trading $18.68
Paper bought 8201 MET April 37 Calls for $.56 (2.9 times usual volume) when stock was trading $34.41
Biggest Bearish Activity 2.26.2013
Paper bought 1896 DPM March 40 Puts for $.40 (6.0 times usual volume) when stock was trading $42.76
Paper bought 300 VSI April 55 Puts for $5 (49.1 times usual volume) when stock was trading $51.18
Paper bought 1000 RY July 55 Puts for $.72 (2.7 times usual volume) when stock was trading $61.63
Paper bought 1710 BMRN March 55 Puts for $1.45 (3.6 times usual volume) when stock was trading $55.50
Paper bought 770 WCRX April 13 Puts for $.75 when stock was trading $13.37
Unusual Options Activity Report 2.26.2013
Paper bought 9855 VXX April 20 Puts for $.59 when stock was trading $24.76
Paper bought 1388 TOT March 50 Calls for $.55 when stock was trading $49.15
Paper bought 8000 CHK March Weekly 19.5 Calls for $.35 when stock was trading $19.35
Paper bought 3000 EGO March 10 Calls for $.60 when stock was trading $10.31
Paper sold 10,000 RDN Jan 2015 5 Puts for $1.075 (4.2 times usual volume) when stock was trading $8.15
Andrew Keene's Trade of the Day 2.26.2013
My Trade: Buying the CHK Weekly 19.5 Calls for $.35
Risk: $35 per 1 lot
Reward: Unlimited
Breakeven: $19.85
Goals: Offering 1/2 of the Position off at $.60 and will leave the balance until expiration
Greeks of my Trade:
Delta: Long
Gamma: Long
Theta: Short
Vega: Long