Month: May 2012

Zagg: Real Sales Numbers Do Not Match Reported Earnings Claims – Seeking Alpha

by

Zagg: Real Sales Numbers Do Not Match Reported Earnings Claims – Seeking Alpha. It’s hard to find companies that look this enticing to short.  As an early adopter of both iPhone and Zagg products, I can say unequivocally I don’t’ need Zagg protective covers any longer. In fact they intefere with the user experience in my opinion.  The advent of Corning’s Gorilla glass has made them obsolete as far as I’m concerned.  It’s nearly impossible to short sell though but you can buy put options. I’d go as far out as you can, because its hard to predict how slow … Read more

Buy Fossil: Sell-Off Is Overdone, Long-Term Opportunity Remains Intact – Seeking Alpha

by

  Buy Fossil: Sell-Off Is Overdone, Long-Term Opportunity Remains Intact May 11, 2012  | 4 comments  | Stock markets are often prone to irrationality. History has shown us that stock prices can often diverge from fundamentals in both directions. We believe that Fossil’s (FOSL) stock price has diverged from its fundamentals, setting up a long-term buying opportunity. via Buy Fossil: Sell-Off Is Overdone, Long-Term Opportunity Remains Intact – Seeking Alpha. This is the best thing I’ve read reviewing the collapse of FOSL stock. I tend to agree with the author.  I don’t think FOSL has lost its way at all.  I … Read more

JP Morgan: Derivatives Now A Great Way To Lose Two Billion

by

With the bank down over 8% on the announcement of at least $2 billion in expected losses, JP Morgan’s Jamie Diamond has some explaining to do.  And simply saying that the incident “puts egg on their face” isn’t cutting it.  The massive trading loss stemmed in part from a failed hedging strategy and derivatives bets placed by a large trader better known as the “London Whale.”   Known for a high level of risk management, JPM’s lack  of diligence does not inspire confidence in an already shaky sector with a looming European crisis on its hands. According to Sterne Agee … Read more

For Muni Bonds, Less Assurance – WSJ.com

by

For Muni Bonds, Less AssuranceArticleStock QuotesComments 1MORE IN BUSINESS The last remaining insurer of new municipal-bond issues is bracing for a fall that could bring its industry to a new low—and possibly increase borrowing costs for some small local governments.Moodys Investors Service warned in late March that it might cut bond-insurer Assured Guaranty Ltd.s AGO -1.59% credit rating to the single-A range from the current Aa3, which is three notches below the highest rating of triple-A.A downgrade, likely in the coming weeks, would probably crimp demand from local governments and other municipal issuers for Assured Guarantys coverage, analysts and local government … Read more

SFD, Smithfield Foods Inc scores 3 on our checklist

by

Overall Score:3   Trading Chart +1                                               Smithfield is showing bullish RSI divergence but note the  correlation with lean hog futures which have fallen out of bed Analyst Opinion: 1 Barron’s made the bull case in an April 11th article, titled Can Smithfield Foods go Hog Wild? Strong Buy 5 Buy 4 Hold 6 Underperform 0 Strong Sell 0 Insider Buying: 1 There was significant insider buying in Sept 11.  Usually stocks are higher within six months.  SFD was … Read more

‘s Scandal A “No Issue” For Buffett

by

In an interview earlier today with CNBC, Warren Buffet expressed very little concern over the super retailer’s recent issue with suspected bribery down in Mexico.  Although certainly a black eye for the management team, Buffett feels the situation is a representation of  bad choices made by a few rather than a deeper rooted issue of widespread poor practices.  Considering the retailer’s recent issues with workers unpaid overtime, legal issues with the treatment of women, and other socially based blemishes, I wouldn’t be so quick to dismiss this as a case of “a few bad apples.” (As of December 31, Berkshire’s … Read more

We are moving to a new server

by

To our followers, we are busy posting on a new faster, more reliable server that will be live in less than 48 hours.  Until that time you will notice an absent of posts on the older server.  We’ll continue to tweet as there is a lot to tweet about with the market going back into risk on risk off mode.  Thanks for your patience and support.

Arthoscope scores 3 on our checklist but very undervalued.

by

ARTC Arthoscope   This is a checklist I use to quickly come to a conclusion on a stock.  I score a stock, each line getting a 1, 0, or -1.  A stock that scored 1 on each line would be a perfect 10.  Buy it! Some of these items are quite subjective.  For example how would I score Cash Flow?  If a company’s cash flow is much lower than it’s reported earnings, that raises a flag and I would score it a -1.  If there are more insiders buying than selling, I would score it a 1.  If there are … Read more

"The insomniac hedge fund guy" is a moniker Harvey Sax, the portfolio manager for The Insiders Fund has used from time to time on email, blog , and social media posts. While Mr. Sax is the portfolio manager of The Insiders Fund, these posts are not communications from, nor endorsed by, Alpha Wealth Funds, LLC or any of its managed funds. References to Alpha Wealth Funds or its affiliates are for identification only and do not imply sponsorship or approval. All registered trademarks herein are the property of their respective owners.

© 2026 Insomniac Hedge Fund Guy