Shorts Covering Lumber Liquidator (LL) Shares

Shares of Lumber Liquidator (LL) closed Thursday's session at $16.42, up $1.84, and could experience a continued surge higher. The short-interest is huge and once a rally begins, a squeeze is on.

The October 17 calls (LL151016C00017000) closed at 50 cents and can be used to play a possible surge past $20. These options expire next Friday so we would only recommend playing these calls for a few days.

The November 20 calls (LL151120C00018000) closed Thursday's session at 75 cents. These calls have over a month before expiration.

We like both options to play a continued parabolic move higher in shares of Lumber Liquidator.


Pure Storage (PSTG) Making IPO Debut

Shares of Pure Storage (PSTG) are expected to be offered at an IPO (initial public offering) price of $17 a share on Wednesday.

The deal would value the offering at a total of $425 million. The expected price range was between $16-$18 so Wall Street split the middle. The company competes in the flash storage market where competition is tough.

We would wait a few weeks until the dust settle before jumping into the fray

Container Store Group (TCS) Misses By a Penny

Shares of Container Store Group (TCS) ended Monday’s trading day at $15.57, up $0.43, or 2.84%. After the close, the company reported a profit of $0.06 per share on revenue of $195.5 million. Expectations were for a profit of $0.07 per shares on sales of $197.7 million. Shares were down 12% to $13.72, down $1.85, […]

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Dunkin’ Brands Group (DNKN) Shares Tank 12%, Put Options Surge 586%

Shares of Dunkin’ Brands Group (DNKN) closed at $43 today, down $6, following a disappointing earnings update and lowered guidance. The company hosted an investor meeting and said 2015 earnings would come in at $1.87-$1.91 per share. Wall Street had forecasted a profit of $1.92 for the year. Dunkin’ also gave revenue guidance of 6%-8% […]

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Profits Taken on PowerShares QQQ Trust (QQQ) Trade

The PowerShares QQQ Trust (QQQ) rebounded on Wednesday to crack $100 again. The QQQ’s closed at $101.76, up $2.29, but we locked-in a triple-digit winner despite the rebound. We took half profits on Tuesday’s plunge to $98.75 and we were stopped out on yesterday’s rebound. Regardless, our subscribers locked-in another 100% return in just 3 […]

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Dow Holds 16,000/ Profits Taken in Jabil Circuit (JBL)

The Dow fell over 300 points on Monday to end a point above 16,000. The index traded to a low of 15,981 but our subscribers made 300% despite the slight pullback in Jabil Circuit (JBL). We advised our members to get long JBL at $19 last week and ahead of earnings. Shares zoomed to a […]

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