Blog Detail
Wall Street Mayhem
http://wmayhem.com/
Wall Street Mayhem is a stock market blog designed to help investors understand and examine financial markets. Wall Street Mayhem highlights long term investments and gives short term investment picks typically focused on event based trades.
Recent Posts
Trouble ahead for Assurant
Short Sell Assurant (NYSE: AIZ) over $67 (currently $68.30) Buy to Cover Assurant at $50 Over the past 6 months Assurant has so far managed to get through the credit crisis unscathed. A few weeks ago a Barron’s article even suggested that Ass...
Growth Prospects at Global Sources are Sill Promising
Buy GSOL under $14 Global Sources is a business-to-business media and ecommerce company largely focused on China export markets. Recently, shares of Global Sources have been in free fall. After hitting a 52 week high of $35 in late October, Global...
The Low Risk Trade on Dendreon
Buy DNDN January 2009 $2.50 call options (ORGAZ) Sell DNDN January 2009 $5.00 call optoins (ORGAA) Conditions: Spread between ORGAZ buy and ORGAA sell should be less than $0.65, DNDN stock should be [...]...
Taking profits on Ninetowns (Nasdaq: NINE)
Sell NINE near $6.50 Buy QIIJU.xx near $0.35 (quantity equal to 10% of profit from NINE trade) In the last 2 weeks the enterprise value of Ninetowns has moved from -$30 million to +$120 million. This trade took longer than expected to materialize...
March into local Internet advertising with Marchex (Nasdaq:MCHX)
Buy MCHX under $13 Marchex Inc. is an Internet search and media company focused on local search, local content, and direct navigation. Marchex owns and operates a portfolio of over 200,000 Internet domains. Marchex has a market cap of about $4...
PrimeWest Energy (NYSE: PWI) agrees to a $2.4 billion buyout, highlighting the value of Candian oil and gas trusts.
Sell PWI Near $26.35 Buy CNE Near $14.82 Today PrimeWest Energy agreed to be acquired by Abu Dhabi National Energy. Under the terms of the agreement Abu Dhabi agreed to buy all of the outstanding shares of PrimeWest for $26.75 per share. We de...
