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Anadarko Slashes Dividend, Shares Halted Before Potential Move Down
Tuesday, February 9, 2016 - 4:55pm | 523Read More...Anadarko Petroleum Corporation (NYSE: APC) trading halted mid-afternoon Tuesday ahead of a reduced dividends announcement. Following, a string of strong hints from executives earlier this year, the dividend cut is not surprising. The cut comes amid plunging oil prices and a subsequent yield...
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Auto Sales Roundup: Cold January Is No Competitor To Sales Figures
Tuesday, February 2, 2016 - 12:26pm | 639Read More...Global light-vehicle sales numbers are due out Tuesday, with Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU) numbers already in. Despite the frigid January felt nationwide, auto sales numbers coming in have been overwhelmingly...
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This Hedge Fund Manager's Worst Ideas For 2016 May Surprise You
Thursday, December 31, 2015 - 1:44pm | 562Read More...In a new piece for Seeking Alpha, hedge fund manager Chris DeMuth, Jr. wrote a tongue-in-cheek piece spelling out some popular trading ideas for 2016 that he believes are among the worst trades to make. Here’s a look at some of the ideas on his list. 1. Levered Long Market Exposure DeMuth...
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Peabody Energy Investors Take Profits; Negative Seeking Alpha Article Weighs
Monday, December 28, 2015 - 6:08pm | 159Read More...Shares of the beaten-up coal player Peabody Energy Corporation (NYSE: BTU) gave up a large chunk of last week's gains Monday. Peabody's stock price rose from around $7.44 at the close on December 21 to $9.62 on Christmas Eve, December 24. Most traders attributed the rebound from 52-week...
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MagneGas Responds To Seeking Alpha Article, Says It Contains 'Materially False And Misleading Information'
Monday, December 21, 2015 - 2:45pm | 171Read More...Shares of MagneGas Corporation (NASDAQ: MNGA) lost more than 30 percent early Monday afternoon after an anonymous author dubbed ‘The Pump Stopper' published a scathing report on Seeking Alpha earlier in the day. Related Link: MagneGas' Shares Tumble: Here's Why MagneGas...
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MagneGas' Shares Tumble: Here's Why
Monday, December 21, 2015 - 12:11pm | 144Read More...Shares of MagneGas Corporation (NASDAQ: MNGA), a small-cap alternative energy company, tumbled more than 18 percent Monday morning following a scathing report by The Pump Stopper' on Seeking Alpha. MagneGas' stock has gained around 150 percent since the start of 2015 and hit a 52-week...
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Tilson Covers Short Position In Lumber Liquidators; Hedge Fund Manager Says Company 'Isn't Evil'
Tuesday, December 15, 2015 - 10:21am | 968Read More...Shares of Lumber Liquidators Holdings Inc (NYSE: LL) were surging higher by more than 25 percent early Tuesday morning. Investors and traders reacted to a report by short-seller Whitney Tilson who confirmed he covered his position in the company. Tilson noted he had received information that...
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EXCLUSIVE: Citron Says United Development Funding Appears To Be 'Ponzi Scheme' After Anonymous Report Circulates Street
Thursday, December 10, 2015 - 5:01pm | 304Read More...United Development Funding IV (NASDAQ: UDF) shares crashed more than 40 percent on Thursday afternoon after Ponzi scheme allegations circulated Wall Street. Speaking with Benzinga, Citron Research's Andrew Left said the company appears to be a Ponzi. This follows a tweet Left made, saying...
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Lumber Liquidators Compliance Officer Quits
Wednesday, June 3, 2015 - 10:38am | 268Read More...Lumber Liquidators Holdings Inc (NYSE: LL) spiked slightly on Wednesday before falling back on news that its compliance officer Ray Cotton has quietly resigned. Lumber Liquidators appeared to gain about 3 percent on news of Cotton's departure, but traded recently at $21.98, down $0.03....
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Hedge Funds' 10 Most Shorted Stocks
Wednesday, May 27, 2015 - 12:05pm | 514Read More...A recent article in Seeking Alpha focused on the traditional role of some of Wall Street’s biggest players: hedge funds. In the six-year bull market that has taken the S&P 500 to new all-time highs, there has been little need for hedging or protection from a weak stock market. However...
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Vipshop Responds To Recent Short-Sellers Allegations, Shares Move Higher
Wednesday, May 13, 2015 - 11:06am | 628Read More...Mithra Forensic Research on Monday published a report on Seeking Alpha that claimed Vipshop Holdings Ltd (NYSE: VIPS) has manipulated sales, receivables, profit and other asset accounts. "China's leading discount ecommerce retailer has been flagged as possible manipulator by reliable...
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Lowe's Shrugs Off Negative Seeking Alpha Article
Friday, May 1, 2015 - 11:35am | 302Read More...Shares of Lowe's Companies, Inc. (NYSE: LOW) traded as low as $67.60 Friday morning, only to rebound and move higher as investors shrugged off a report by Xuhua Zhou on Seeking Alpha that accused the company of being guilty of formaldehyde noncompliance in sourcing laminate flooring from China. The...
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Whitney Tilson: Why I'm Writing So Much About Lumber Liquidators
Friday, April 10, 2015 - 1:07pm | 289Read More...Value investor Whitney Tilson penned his 12th article on Lumber Liquidators Holdings Inc (NYSE: LL) on Seeking Alpha Friday morning. Tilson denied trying to influence the stock price, though it was nearly 1.5 percent lower – but instead said that he is doing it out of "outrage...
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Netlist Falls 50% Following Court Loss
Wednesday, March 25, 2015 - 4:48pm | 144Read More...Shares of Netlist, Inc. (NASDAQ: NLST) collapsed Wednesday afternoon and fell approximately 50 percent following its loss in a breach of contract and trade secret misappropriation lawsuit. The company had sued Diablo Technologies and claimed it had stolen its proprietary technology, which...
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Linn Energy Sinks On Low Oil, Negative Comment
Monday, December 15, 2014 - 5:29pm | 247Read More...Linn Energy LLC (NASDAQ: LINE) fell sharply Monday as oil hit new lows and an anonymous author on Seeking Alpha urged traders to sell the stock. Brent dropped to its lowest price Monday since July 2009, down more than 1 percent to $61.06 a barrel on ICE Futures Europe. The Seeking Alpha...
