AU Optronics Corp (AUO)
Source: http://alphatrends.blogspot.com/2008/05/au-optronics-corp-auo.htmlPosted on Tuesday, May 6th, 2008 | In Current Market News, Stocks to Watch
Contributed by: Brian Shannon (http://alphatrends.blogspot.com) -
has attracted a large and growing short position over the last six months. I’m not sure what they see, but so far they are fighting the trend. The short position has grown by over 10 million shares since the end of November and the average price during that time was 18.97. The average short since the end of November is now down by over $1.50. If I was short I would be very concerned. I didn’t dig into the fundamentals, but the most recent quarter, revenues increased by 85% and earnings were 1.12/share versus an estimate of just 0.48 I own some call options and a little bit of stock, which I intend to add to.
Last 5 posts by Brian Shannon
- Stock Market Video Trend Analysis 3/9/09 - March 9th, 2009
- Stock Market Video Trend Analysis 2/6/09 - February 6th, 2009
- Stock Market Video Trend Analysis 2/5/09 - February 5th, 2009
- Stock Market Video Trend Analysis 2/3/09 - February 3rd, 2009
- Stock Market Video Trend Analysis 2/2/09 - February 2nd, 2009
Tags for this Post:
10 Million, Au Optronics Corp, Auo, Call Options, Current Market News, earnings, Little Bit, Quarter Revenues, Short Position, Six Months, stock, Stocks to Watch
10 Million, Au Optronics Corp, Auo, Call Options, Current Market News, earnings, Little Bit, Quarter Revenues, Short Position, Six Months, stock, Stocks to Watch
 About Brian Shannon (http://alphatrends.blogspot.com)
Brian Shannon is a full time trader who shares his market experiences on the highly popular alphatrends.blogspot.com site. Alpha trends has been called "the youtube of technical analysis" by Technical Analysis of Stocks & Commodities Magazine (March 2007) and has been praised in Barron's (October 23, 2006) and Active Trader Magazine (July 2007). Brian trades an account at www.worldcupadvisor.com since March 2006 and in that time has more than tripled the results of the S&P 500. He can be reached at alphatrends@gmail.com |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.