3Vote!
SeekingAlpha Software Stocks (Free subscription) | 11/19/2009
Jessica Johnson submits: Gamestop ( GME ) is expecting to release results on Thursday. They recently released COD:Modern Warfare 2 and New Super Mario Brothers as well as made its online store available in Canada. The short base (percentage of shares outstanding on loan) has continued on a steady climb over the past 3 months and is currently at 17%, representing 38% of the total shares...
3Vote!
SeekingAlpha Retail Stocks (Free subscription) | 11/19/2009
Jessica Johnson submits: Wednesday BJ's Wholesale ( BJ ) reported disappointing profits despite strong sales. The short base (percentage of shares outstanding on loan) has been seeing a steady fall over the past 3 weeks. In the last week we saw a continued downward trend from 10% to 9.8%. This represents 26% of the total share available for borrowing. Complete Story »
5Vote!
SeekingAlpha.com (Free subscription) | 11/19/2009
Jessica Johnson submits: Coach ( COH ) was one of the biggest decliners on the S&P 500 Tuesday. Around 14% of Coach's revenue is from sales through department stores like Saks ( SKS ), who are holding leaner inventories this year to help margins. There has been a steady rise in the short base (percentage of shares outstanding on loan) in the past 3 weeks from 1.4% to 1.8%. This represents...
3Vote!
SeekingAlpha Retail Stocks (Free subscription) | 11/19/2009
Jessica Johnson submits: Sears ( SHLD ) is expected to announce its earnings on Thursday. We have seen a slow and steady fall in the short base (percentage of shares outstanding on loan) over the last few weeks and it's currently at 10%. This represents 97% of the total shares available for borrowing. This remains an expensive stock to borrow, which has seen the price jump 8% over the...
3Vote!
SeekingAlpha Energy Stocks (Free subscription) | 11/18/2009
Jessica Johnson submits: Warren Buffett's Berkshire Hathaway ( BRK.A ) disclosed a stake in Exxon Mobil ( XOM ) and Nestle ( NSRGY.PK ). The short base (percentage of shares outstanding on loan from the total available lending pool) in Exxon is low but has dropped sharply in past week from 0.24 to 0.19%. This represents a quarter of the total shares available for borrowing. Complete...
3Vote!
SeekingAlpha Retail Stocks (Free subscription) | 11/18/2009
Jessica Johnson submits: Saks ( SKS ) reported surprising results; much better than the market expected, sending its share price up 5%. The short side of the market will be sorely disappointed. The short base (percentage of shares outstanding on loan) is currently at 31% representing 71% of the total shares available for borrowing. The cost to borrow remains low with about 9 days to...
3Vote!
SeekingAlpha Software Stocks (Free subscription) | 11/17/2009
Jessica Johnson submits: The short base in Salesforce ( CRM ) has been trending lower for some months and currently stands at 10.2%, representing about 30% of the shares available to borrow. Its results are seen by some as a bellwether for the health of the corporate sector. They are at the forefront of cloud computing with an investment in Financialforce.com. For full report click here...
3Vote!
SeekingAlpha Retail Stocks (Free subscription) | 11/17/2009
Jessica Johnson submits: The short base currently stands at 29%, up slightly over the past week having peaked at over 30% a few days ago. More than two thirds of the stock that is available is currently out on loan, although the stock is not expensive to short. Institutions appear to have been increasing their holdings. For full report click here. (pdf file) Complete Story »
3Vote!
SeekingAlpha Retail Stocks (Free subscription) | 11/15/2009
Jessica Johnson submits: The FT reports increasing hedge fund interest in Cadbury ( CBY ), showing growing confidence that the hostile Kraft ( KFT ) bid will succeed. The short base in Kraft has risen to 3.8% from 3.5% a week ago; analyst and media comment has focused on the advantages to Kraft of acquiring Cadbury, but there are some potential pitfalls - the EC will give a competition...
3Vote!
SeekingAlpha Energy Stocks (Free subscription) | 11/15/2009
Jessica Johnson submits: We have a stream of earnings announcements from solar companies. The charts here show trends in the short base for 9 of the most active stocks. Phoenix Solar, Solarworld ( SRWRF.PK ) and First Solar ( FSLR ) have shown the biggest increase in short base, Solarworld having hit a 3 month high of 21%. Energy Conversion ( ENER ) still has the highest short base which...
3Vote!
SeekingAlpha Energy Stocks (Free subscription) | 11/15/2009
Jessica Johnson submits: We have a stream of earnings announcements from solar companies. The charts here show trends in the short base for 9 of the most active stocks. Phoenix Solar, Solarworld ( SRWRF.PK ) and First Solar ( FSLR ) have shown the biggest increase in short base, Solarworld having hit a 3 month high of 21%. Energy Conversion ( ENER ) still has the highest short base which...
3Vote!
SeekingAlpha Telecom Stocks (Free subscription) | 11/15/2009
Jessica Johnson submits: LBTYA After Friday's announcement of the issuance of a new Convertible Bond by Liberty Global, it is interesting to note the depth of the stock borrow availability. As of c.o.b on the 12th Nov, our figures show there to be 23.07m shares available to borrow for ( LBTYA ) with a borrow score of 1 which is the cheapest category. To view the report with graphics...
7Vote!
SeekingAlpha.com (Free subscription) | 11/12/2009
Jessica Johnson submits: Ambac Financial ( ABK ) recently reported in a filing to the SEC that it may run out of liquidity before the second quarter of 2011. Short interest in Ambac stands at 12.9% of shares outstanding (+4.7% on the week) and active utilization has reached 75% (23% on the week). To view the full report with graphics, click here . Complete Story »
10Vote!
SeekingAlpha.com (Free subscription) | 11/12/2009
Jessica Johnson submits: Competition is heating up in the e-reader market. Amazon ( AMZN ), which has seen its short base gradually decline to currently 4%, is releasing Kindle for the PC, compatible with the new Windows 7 OS. Barnes & Noble ( BKS ), which has recently seen its short base stabilize after a sharp move up two weeks ago and now sits at 29% (representing 96% of the shares...
3Vote!
SeekingAlpha CE Stocks (Free subscription) | 11/09/2009
Jessica Johnson submits: Monday brings the long awaited release of 'Call of Duty: Modern Warfare 2'. Gamestop will be opening its stores at midnight to meet demand and has seen record breaking pre-order levels. They are also bringing in new management, most recently ex Handango CTO Shawn Freeman. The short base has been rising steadily over the past few months, currently standing at...
