by Ian Cooper | Dec 25, 2015 | Forgotten Profits, Trade Alerts
After a 2013 shipping debacle left Amazon vowing to never again to use FedEx or UPS, there are rumors that Amazon could launch its own delivery service. The fear of an Amazon third party logistics service has been damaging to UPS and FDX. But we have to remember that...
by admin | Dec 16, 2015 | Forgotten Profits, Trade Alerts
In November 2015, we recommended a buy on the Pandora (P) January 12 calls, exiting half for up to 60% just days after. Today, as the underlying stock moves to $13.45, the calls last traded at $2.80. Sell to close… As for new trades, consider H&R Block (HRB)...
by Ian Cooper | Dec 14, 2015 | Forgotten Profits, Trade Alerts
We’ve traded JCP on and off for years… While its down considerably from recent highs, there’s still an opportunity. Months after Sterne Agee foolishly upgraded JC Penney (JCP) from a neutral rating to a buy rating with a $13 price target shares of the stock ran as...
by Ian Cooper | Dec 1, 2015 | Forgotten Profits, Trade Alerts
While analysts gush all over shares of Coke (KO) on the long side, consider this. The stock has become over-extended, challenging an area where the stock has now failed four times since September 2014. We don’t believe the stock is strong enough to break out here. One...
by Ian Cooper | Nov 16, 2015 | Forgotten Profits, Trade Alerts
Clovis Oncology (CLVS) is making major headlines today after falling 72% or $71.80. But what we’re seeing is a major overreaction to news the FDA is requested further information for efficacy analysis in drugs for the treatment of EGFR T790M-positive lung cancer....
by Ian Cooper | Nov 11, 2015 | Forgotten Profits, Trade Alerts
Using an entry price of $2.10 on the Pandora (P) January 2016 12 call – recommended on November 2 – we’re now looking at a gain of about 60%, excluding commissions. Hold the second half a bit longer. There’s still a massive bearish gap to refill at $19 at some point....
by Ian Cooper | Nov 6, 2015 | Forgotten Profits, Trade Alerts
On October 12, I issued a buy alert on Amicus Therapeutics (FOLD). The stock traded at $7.35. The April 2016 8 calls trades at $1.85. Today, the stock is up to $10.30. The calls last traded at $3.50. Close both positions to secure the gains. Ian L. Cooper Forgotten...
by Ian Cooper | Nov 2, 2015 | Forgotten Profits, Trade Alerts
Patience pays off quite well… Disney (DIS) has had one heck of a run off its lows… After buying the stock at $108, and the January 115 calls at $4, we’re now looking at gains on both trades. The stock last traded at $115.20. Sell. The calls last traded at $4.75. Sell...
by Ian Cooper | Oct 30, 2015 | Forgotten Profits, Trade Alerts
Well… that was easy. On Tuesday, I issued a buy on ABBV after it was destroyed on overreaction. We picked up the underlying stock around $52.50. And we picked up the ABBV January 52.50 calls around $3.20, as well. Today, the stock gapped up to an intra-day high of...
by Ian Cooper | Oct 27, 2015 | Forgotten Profits, Trade Alerts
Shares of AbbVie (ABBV) plummeted the other day after the FDA warned that the company’s hepatitis C treatments – Viekira Pak and Technivie – could cause serious injury to the liver mostly in patients with underlying advanced liver disease. In the warning, the FDA...
