Monster Worldwide Inc. (MNST)
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- General Discussion on MNST
- Board and Executive Compensation in S&P 500 [view article]
- Internet Stock Roundup: Shutterfly, Monster Worldwide, and Netflix [view article]
- Monster Worldwide: Inexpensive Valuation Overshadowed by Macro Headwinds [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Hedge Fund Tracking: Tremblant Capital [view article]
- The Downside Risk to International Exposure [view article]
- Earnings Preview: Monster Worldwide [view article]
- Scraping the Bottom of the Internet Barrel (Part I) [view article]
- Industrials: The New Safe Haven for Investors [view article]
- Lowest P/E Ratios in the Nasdaq 100 [view article]
- Monster: Worrisome Falloff in May Job Listings [view article]
- Friday Options Outlook: CRM, MNST, IR, LPX, MRVL, JCG, CIT, BUD, DELL, MSFT [view article]
loading ...Recent MNST Articles
- Hedge Fund Tracking: Tremblant Capital
- Monster Worldwide: Inexpensive Valuation Overshadowed by Macro Headwinds
- The Downside Risk to International Exposure
- Asif Suria's SINL Newsletter: Looking Back At Our Third Year
- Board and Executive Compensation in S&P 500
- Internet Stock Roundup: Shutterfly, Monster Worldwide, and Netflix
- Wall Street Breakfast: Must-Know News
- Monster's Eventful Afternoon
- Earnings Preview: Monster Worldwide
- Scraping the Bottom of the Internet Barrel (Part I)
- Full List of Articles »
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Five Sectors To Consider Shorting [view article]
I didn't research your past trades, I just looked at your posts.Here's what you said on Dec. 11: "A little over two weeks ago I placed an order to buy May 2007 puts on another mortgage lender New Century Financial (NEW) but unfortunately my order was not fulfilled. New Century Financial was mentioned in my November article, "Hedging The Economy", and is already up 44% since we added it to the model portfolio. As an alternative to New Century, I picked up the July 2007 $42.5 puts for Countrywide Financial last week and after the analyst downgrade on Friday, these puts are already up 27%." I thought you meant you missed out on New Century puts to cover the New Century stock that was up 44% in your portfolio, so you went to Countrywide puts instead. I guess you're saying you sold New Century and went short the industry by buying Countrywide puts. OK.
So you used puts on Countrywide to hedge a tech-stock portfolio, made $1.64 on each put and tell us that "we protected our model portfolio by hedging our long positions with put options."
My point is that your hedges had expired by the time the underlyig moved down. Your portfolio was exposed at exactly the time the mortgage sector was experiecing its worst moments.That's why I say your hedging claims are misleading. You're lucky the tech market hasn't gone down yet. Reply
Five Sectors To Consider Shorting [view article]
Since you seem to have done the research on my past trades, I would love for you to show me when and where I was "naked long the stock again in my model portfolio". As most of my subscribers know I have been nothing but bearish on Countrywide since 2006. When those options expired I suggested that my timing was a little unfortunate ( I *only* made a 66.67% gain in 6 months as a "couple of points" on a $2.46 put option works out to a tidy gain) and it may be a good idea to roll them into new put options. While all my current positions are listed in the model portfolio, every single trade done in the past is listed in the Historical Trades section of SINLetter.comwww.sinletter.com/hist... Reply
Five Sectors To Consider Shorting [view article]
"We protected our model portfolio by hedging our long positions with put options" is a misleading statement. While your fundamental analysis is solid as can be, your timing and application of options leaves something to be desired.I looked back, and your post on Dec. 11 last year said you were buying the July 42 1/2 puts on Countrywide (CFC). That day, the stock closed at 40.48. The day you posted and said your July puts expired, the stock closed at 36.17. So your puts were worth 6.33 at expiry (42.5 - 36.17). But the options were nearly 2 points in the money when purchased, poiints you had to pay when you bought. That leaves 4.33 points, minus the premuim -- a couple points? -- you paid to hold those for six months. So you made maybe 3 points on the trade in six months. Then you were naked long the stock again in your model portfolio. Right before it tanked.
You also said you missed out on buying protective puts in New Century (no symbol). If you made a fundamental decision to hedge, why didn't you buy those on the offer?
It's important because of your final statement: "A half-point Fed cut may make the markets go up in response." When dealing with options, timing and application is more important than fundamentals.
impliedrisk.blogspot.c... Reply
Five Sectors To Consider Shorting [view article]
Often ETFConnect will pub, the top holdings by volume. ReplyFive Sectors To Consider Shorting [view article]
It looks like QID achieves its leveraged shorting of the Qs through swaps and options as you can see from its daily holdings herewww.proshares.com/fund...
You can find additional information from their prospectus here
media.proshares.biz/do...
The inverse correlation between QID and QQQQ is quite apparent when you look at the following one year chart comparing the two
finance.yahoo.com/char...;range=1y;compare=qqqq...
Similarly the inverse correlation between TWM and the Russell 2000 is quite apparent when you look at the following 6 month chart comparing the two
finance.yahoo.com/char...=^rut;range=6m;compare... Reply
Five Sectors To Consider Shorting [view article]
It looks like QID achieves its leveraged shorting of the Qs through swaps and options as you can see from its daily holdings herewww.proshares.com/fund...
You can find additional information from their prospectus here
media.proshares.biz/do...
The inverse correlation between QID and QQQQ is quite apparent when you look at the following one year chart comparing the two
finance.yahoo.com/char...;range=1y;compare=qqqq...
Similarly the inverse correlation between TWM and the Russell 2000 is quite apparent when you look at the following 6 month chart comparing the two
finance.yahoo.com/char...=^rut;range=6m;compare... Reply
Robertson
Five Sectors To Consider Shorting [view article]
Also XLB XLI XLY and XLK.... ReplyFive Sectors To Consider Shorting [view article]
I had held positions in QID, but had a hard time finding out the companies represented in that ETF. I also had difficulty in finding a correlation between moves in NASDAQ and in QID. How can one read into TWM holdings and correlations? omooc ReplyS&P 500 Stocks With the Highest Estimated Growth Rates [view article]
Ditto on both #1 and #2. ReplyS&P 500 Stocks With the Highest Estimated Growth Rates [view article]
Thanks for the listing...always enjoy reviewing the lists you guys put together. Two questions--1) Is the growth rate you're showing for EPS, or for Net Income? Definitely worth knowing. As I'm sure you know, several cases have come to light recently where companies were actually borrowing to finance share buybacks. And...surprise, surprise....the CEO invariable had a bonus incentive tied to EPS growth. Perhaps one silver lining to the current credit crunch will be making these kinds of stunts less appealing.
2) any way to add a column showing the P/E ratio for each company?
Again thanks. Reply
Jim Cramer's Mad Money Lightning Round Picks, 6/22/07 [view article]
He is working for me ReplyJim Cramer's Mad Money Lightning Round Picks, 6/22/07 [view article]
for me ReplyJim Cramer's Mad Money Lightning Round Picks, 6/22/07 [view article]
Jim Cramer recommended on June 21st to sell FSLR but the stock is now 7.6% after his recommendation. On June 22nd, he did not mention a single word although FSLR was up $4 after his sell recommendation.Whose side is he working for ? Reply
Jim Cramer's Mad Money Lightning Round Picks, May 16 [view article]
I like your service because you are not afraid to pan stocks you do not like. I use you as a check on stocks I may buy because I need confirmation..especial... in the area of checking financial statements...because, although I have MBA, I dont always understand corp accounting. Gene Stone ReplyAnother Blow To Newspapers: Facebook Classifieds [view article]
One other quick point: isn't this really a much bigger threat to the newspapers via their investment in CareerBuilder.com, because graduating students form a large jobs market? And for that reason, isn't this also incrementally negative for Monster.com? Reply