InsiderFinancial

InsiderFinancial

We said back in November that $TWTR was oversold and attempting a rounding bottom at $29. The stock is now $34 and needs to clear the double top at $34.39 to close the gap to $38. In $TWTR news: BofA reiterated its Buy rating on Twitter with a note highlighting its stance that the social-media stock is among its top SMID-cap picks for the coming year. Shares...

InsiderFinancial Updated 

The biggest overhang, besides bearish shorts, has been former CEO Travis Kalanick exiting his holdings since lockup expiration. Kalanick has sold about $2.1 billion worth of stock. He now has roughly just $600m worth of stock to sell. While some view the former CEO selling as bearish, we disagree because he was pushed out. Kalanick hit the lotto and is cashing...

InsiderFinancial

Our subscribers are now up 25% since we recommended $UBER last month at $30. As we said, Kalanick's stock sales were a major drag on the stock and that once he was done selling, $UBER would climb. We were right on the money. Our next target is $42. In $UBER news: Guggenheim analyst Jake Fuller sees Uber's revenue and EBITDA outlook as favorable heading into the...

InsiderFinancial Updated 

$MNK is up 40% this week after positive comments from the company's CFO. With a massive short position in the stock, we think this rally has further room to run. The stock started rallying this week after Chief Financial Officer Bryan Reasons said at the J.P. Morgan Health Care Conference on Monday that the company could pay off its potential 2020 debt...

InsiderFinancial Updated 

$JMIA is on the verge of an epic short squeeze. While the shorts have been right on the money so far, we believe they have overstayed their welcome and are going to be forced to cover. Yesterday's news: Jumia (NYSE:JMIA) has named Kenneth Oyolla as its new chief commercial officer, replacing Diana Owusu-Kyereko, according to Business Standard...

InsiderFinancial Updated 

Shares of Orion Energy Systems Inc $OESX on the NASDAQ have been on a tear in 2019. So far, the stock is up by 359% after starting the year around the $.60 level. Since then, it's been a steady climb up the ladder. After hitting $3.03 last week, the stock has pulled back and we are buyers down to $2.15 a share. If we break $2.15, then we will have done some...

InsiderFinancial

Our subscribers are now up over 60% since we first recommended $OESX back in June. $OESX made new highs on Friday and we think there's a lot more room for the stock to run. $OESX is trading at just 15x earnings, 0.98x sales, and has a low PEG ratio of 0.62. Earnings are forecasted to grow 50% this year. As always, trade with caution and use protective...

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$QSR owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis,...

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$PLAY is breaking out on the news that investor KKR has taken an activist stake in the company. This is great news for shareholders and why we think higher prices are in store. KKR (NYSE:KKR) reports holding a 6.3% stake in Dave & Buster's Entertainment (NASDAQ:PLAY). KKR says it has held talks with D&B management about strategy and is considering further talks...

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$SIX looks to have found rock solid support at the $35 level. With many gaps to close overhead, $SIX looks to be a nice play, especially now that an activist investor has gotten involved. Activist investor H Partners Management says it has engaged with the Six Flags Entertainment board after closely monitoring the recent developments with the theme park...

InsiderFinancial

$PYX has been ticking up recently as light short covering. We think there's more room to squeeze the shorts as 29% of the float is short. Our only concern is that the stock has been rising on no news. It has been climbing with sympathy among beaten down cannabis names. While we aren't going to shout buy from the top of buildings, $PYX is worth watching. Pyxus...

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$MGI is back climbing the charts after finding strong support at the $2 level. With the stock down from 52-week highs above $6, there's a lot of room for $MGI to run. About 8% of the float is short. In recent news: MoneyGram International reported a 2% Y/Y increase in number of transactions in December, driven by strong performance from both its global consumer...

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The market is over-reacting to $BK earnings and the stock is down over 7%. We believe this is a buy the dip opportunity. There's also the inverse head and shoulders pattern. Bank of New York Mellon (NYSE:BK): Q4 Non-GAAP EPS of $1.01 beats by $0.01; GAAP EPS of $1.52 beats by $0.01. Revenue of $3.99B (-0.3% Y/Y) misses by $180M. As always, trade with caution...

InsiderFinancial

33% of the float in $SIG has been sold short. We are expecting a massive short squeeze to fuel $SIG higher. The latest earnings guidance is the catalyst to do so. Signet Jewelers (NYSE:SIG) reports same store sales were up 1.6% for the two-month holiday period. Same-store sales for the North America business were up 2.0%. E-commerce sales rose 13.5% during the...

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$SHAK is climbing after getting some love from $GS. Goldman Sachs keeps a Buy rating on Shake Shack (SHAK +8.9%) after digesting the company's ICR presentation yesterday. The firm sees significant upside from the restaurant operator's new partnership with Grubhub in particular. "As part of the partnership, GRUB has provided SHAK with detailed customer data, as...

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If $ZM takes out yesterday's high of $77.78, we think we are in a for a nice rally. $ZM is 28% off its 52-week highs. Zoom Video Communications, Inc. provides a video-first communications platform that delivers changes how people interact primarily in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It connects people through frictionless...

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$SDC is a heavily shorted name with plenty of bears. While we aren't going to get into the bull/bear battle over its business, current price action favors the bulls. We think $SDC can easily squeeze to $18 a share. Currently, 21% of the float has been shorted. Watch yesterday's high of $13.88 for confirmation of going higher. The trade should work out immediately...

InsiderFinancial Updated 

$JKS looks set to keep climbing after a strong Q3 report. Here are the highlights: JinkoSolar (NYSE:JKS) reported better-than-expected Q3 earnings and guiding Q4 total solar module shipments of 4.2K-4.4K MW, which would easily set a new quarterly shipment record. Q3 solar module shipments totaled 3,326 MW, down 1.8% Q/Q but up 12.6% Y/Y from 2,953 MW in the...