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The Stock Masters are a group of individuals dedicated to profiting from the stock market by use of experience, research, and market analysis. We analyze market trends, use technical analysis and apply our expertise to identify changes before they happen. Visit our site: The Stock Masters... More
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  • IN-N-OUT INVESTING for Week of July 27th 0 comments
    Jul 30, 2009 2:42 PM | about stocks: IRBT, SNDK
    Just a reminder that we pointed out the massive selling of SanDisk (NASDAQ:SNDK) and iRobot Corp. (NASDAQ:IRBT) after their Q2 Earnings Calls last week, SNDK has managed to gain back 9% since bottoming Friday and IRBT is still moving down.  Let's not forget that the Ivanhoe Mines (NYSE:IVN) talks with the Mongolian government resume today, its time for IN-N-OUT Investing.

    Masters keep an eye on these stocks this week, there are gains to be made with any bounce back or trend continuing down, but we think these bad boys will recover in the next few weeks for a few points (as SNDK has already done since Friday).

    PLACE YOUR BETS
    Taking a position in SanDisk or iRobot is based on the premise that these two stocks are oversold whereas Ivanhoe Mines is trading on the media and coverage of the talks with Mongolia.  Its a roll of the dice for Ivanhoe but for Mongolia to demand more of a cut or make it harder for Ivanhoe is just bad business, but stranger things have happened, big business doesn't always win (does it?). 

    Review the following articles from last week if you missed them and add SNDK, IRBT, and IVN to your watch list:

    07/23/2009 - 15:56
    07/22/2009 - 19:04
    Happy Safe Investing!

    Disclaimer: Long IRBT, No positions in SNDK
    Sandisk Corp. $ 17.58
    SNDK 0.49
    Short Interest (Shares Short) 11,063,600
    Days To Cover (Short Interest Ratio) 1.7
    Short Percent of Float 4.97 %
    Short Interest - Prior 12,887,200
    Short % Increase / Decrease -14.15 %
    Short Squeeze Ranking™ 2
    % From 52-Wk High ($ 23.50 ) -33.67 %
    % From 52-Wk Low ($ 5.07 ) 71.16 %
    % From 200-Day MA ($ 13.07 ) 25.65 %
    % From 50-Day MA ($ 15.44 ) 12.17 %
    Price % Change (52-Week) 26.40 %
    irobot Corp. $ 10.61
    IRBT 0.09
    Short Interest (Shares Short) 1,982,400
    Days To Cover (Short Interest Ratio) 19.2
    Short Percent of Float 10.30 %
    Short Interest - Prior 1,784,400
    Short % Increase / Decrease 11.10 %
    Short Squeeze Ranking™ -55
    % From 52-Wk High ($ 17.62 ) -66.07 %
    % From 52-Wk Low ($ 7.00 ) 34.02 %
    % From 200-Day MA ($ 10.06 ) 5.18 %
    % From 50-Day MA ($ 12.72 ) -19.89 %
    Price % Change (52-Week) -27.60 %
    Stocks: IRBT, SNDK
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