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• Stocks that won and lost in Nasdaq short interest

  Posted Apr 14 2008, 06:07 AM by Douglas McIntyre
  Filed under: Microsoft, Cisco, Yahoo, E*Trade, Intel, Sirius, XM Satellite Radio, JetBlue, Dell, Take-Two Interactive, Electronic Arts
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  Most companies on Nasdaq did fairly well with the shorts in the two-week period which ended on March 31. The two tremendous exceptions were Level 3, where short interest moved up 20.3 million shares to 243.9 million, and Sirius, where shares sold short jumped 40.4 million to 137.8 million.

  In a tough stock market and credit environment, it is not hard to see why investors would place bets against both companies. Each stock trades near its 52-week low. Level 3 recently pushed out its president. Although it is in an attractive business, bandwidth infrastructure, it is a patch-work of M&A work with a large amount of debt and almost no cash-flow. In other words, a liquidation candidate in a deep recession.

  Sirius is also hurt by a high debt-load -- over $1.2 billion -- and negative operating income. If the company's merger with XM Satellite does not go through, it may not be able to survive as a standalone company either.   Read More...

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• 10 stocks that could double in 2008

  Posted Dec 16 2007, 02:30 PM by Douglas McIntyre
  Filed under: Apple, Amazon, Vonage, E*Trade, Sirius, XM Satellite Radio
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  It is hard to find stocks that could double in a fairly short period of time. It rarely happens with shares in really big companies. There are exceptions like Apple and Amazon. But, most stocks that make big moves are smaller, and, they are often shares that have had a big fall.

  For a stock to double over a few quarters it needs a catalyst of amazing earnings, a big customer win, a break-up or a buy-out. At 24/7 Wall St. we went through hundreds of companies to find ones with shares that could double. Each firm had to be matched with one or more compelling reasons to create a significant spike.

  We came up with the list, and if you want to get greater detail on the analysis you can see it here.   Read More...

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