Seeking Alpha
  • Ryan Canady
    CMG is the second short I have recommended on here. Short: CMG, LULU. Long: FSII, SODA, CSCO, DHX
    12/13/11
    Reply (12)
    • wyostocks: I get the high momo's; but why CSCO?
      12/13/11
    • Ryan Canady: Was looking for something in the DJIA. CSCO trades at less than 10 times next years earnings despite projected 8.5% annual growth rate.
      12/13/11
    • wyostocks: Ryan, I get that, but why short it at these low levels?
      12/13/11
    • Ryan Canady: Im not saying short CSCO. Im saying Long CSCO. check the original post again.
      12/13/11
    • Blackjack777: Nice call on LULU. Anxious to see how you fare with earnings news. I think you're right but I'm sidelined with injuries right now.
      12/13/11
    • Ryan Canady: Thank you sir. I took a lot of heat on the LULU call, but that tends to happen. I would cover any short at between $38-$40 a share.
      12/13/11
    • wyostocks: Sorry about that, I misread the original.
      12/13/11
    • Ryan Canady: Its all good.
      12/13/11
    • Blackjack777: CMG...Been checking out the March 320 Put but just the idea in general - short CMG - hmmmm, crazy like a fox?
      12/13/11
    • Ryan Canady: I recommended the Jun 300 put in my article. It was at $21.70 at the time. The bid is now $25.90. I recommend selling that put at $30
      12/14/11
    • Blackjack777: Thx for input. I am now short CMG. Noticed new pic, ur look changed a bit. Hope all goes well with school and ur advice works out = $$$
      12/14/11
    • Ryan Canady: Thank you very much. I hope that the short CMG works out for you. I believe that it will. Cover it at $260 is my recommendation.
      12/15/11
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