Seeking Alpha

Jack Haddad's  Instablog

Jack Haddad, MD, MBA is the founder and portfolio manager of MD Capital Management; prior to that, Dr. Haddad acheived great success as a consultant for the pharmaceutical/healthcare sector of portfolios for several brokerage firms. Dr. Haddad's involvement with clinical research trials has... More
  • Historical performance of AOI after itcloses down 'very big' while recording an 'unusual volume' decline. 0 comments
    Jun 17, 2009 06:42 PM | about stocks: AOI

    Shares were smoked for decline of 20.5% on 'unusual volume' of 3.1 million shares, nearly 10 times the average daily volume.

    According to the 9 previous occurrences of this event, AOI has shown a very strong bearish edge that peaks 39 trading days after the event. Thus, the projected date for the peak of the bearish edge relative to the current event date (Tuesday, 16 June 2009) is Tuesday, 11 August 2009. AOI declines in 89% of the cases (8 of 9) by an average of -18.8% relative to the close on the event date. The average of the 1 rally is 0.9%. The overall return of the 9 cases is -16.6%, which, based on the close of AOI on the event date ($3.92), provides a target price of $3.27.

    Stocks: AOI
Back To Jack Haddad's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

StockTalks

  • Market technicals: I'm accumulating both QID and DXD as the DOW and nasdaq look tired. We have not been able to surpass 10479.
    2 days ago
  • Amln: today's pullback is a great entry hedged by writing Jan 12.50 calls. Last week's results of Byetta far exceeded epxectations.
    2 days ago
  • QID: added more to my core position at 20.48. Nasdaq is topping out and is tiring.
    Dec 11, 2009
More »
Posts by Ticker

Latest Comments


Most Commented
  1. Exited QID's intraday bounce trade. (8 Comments)
  2. UNG is a strong buy at 15.35 hedged against the June strike 15 calls. (7 Comments)
  3. Increasd position on UNG and wrote more June strike 15 calls (6 Comments)
  4. MACD has turned bearish for all major indexes: DOW, NASDAQ, and S&P500 (5 Comments)
  5. Re-entered M for an intraday bounce trade. (5 Comments)
Posts by Themes
BAC, Carl Ichan, M, SMN, USO
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.