ZZ, CMFO, CPGI: Investment Opportunities or Dead Cat Bounces?
For investors who stayed put in Sealy Corporation ( NYSE: ZZ ) , it has effectively remained flat with a marginal negative bias. While there is nothing fundamentally wrong with this producer of home furnishings, the stock (and the company) has just failed to take off in a big way. Since the business has largely become stagnant, quarterly results have lately become non-events. When sales grow, the business falls short on the margins front and the benefits of cost cutting get dissolved somewhere in loss of revenue. One consolation, however, is that the management keeps trying. Its current price of $2.55 isn’t too attractive but neither is exorbitantly priced. The stock should only be played for trading gains.
China Marine Food Group ( AMEX: CMFO ) has been falling since November last year. From the level of $6.75, it has halved in price to $2.77. While the results for the quarter ended March were reasonably good, lately the company has communicated that consumers are becoming increasingly concerned about the nuclear contamination in sea food. China is the biggest market for the company and its geographical proximity with Japan could mean an upside down set of numbers in the June quarter. Although it has gained 10 per cent in the last week, this bounce doesn’t look like a trend reversal, especially as the stock has had these kind of rallies earlier too.
Except a few relief rallies here and there, China Shengda Packaging Group ( NASDAQ: CPGI ) appears to be breaking down. Since getting listed in December, it has lost nearly 66 per cent in what can be termed as an inverted rally. In this backdrop, a gain of 13 per cent in the last 5 trading sessions also looks unreliable to buy into the story. Revenues and margins took a hit in the latest quarter but investors can find solace in the fact that the company is still profitable. Positive margins are something to cheer for long term investors as the dip in sales is due to an external factor - on account of restrictive financial policies by the People's Bank of China something that can be imagined receding in future. Current price of $1.35 may be attractive for long term but don’t expect a miracle in the next 6 months.
Dead Cat Bounce - News
Although it has gained 10 per cent in the last week, this bounce doesn't look like a trend reversal, especially as the stock has had these kind of rallies earlier too. Except a few relief rallies here and there, China Shengda Packaging Group (NASDAQ:
A close look at where silver is currently positioned at this stage of its developing long-term bubble, and what can be expected short-term in its price using Bump-and-Run and Dead-cat Bounce pattern analyses, suggests that silver is on its way to
Any chosen entertainment might have had a job on it's hard and my careful selection of comedy four piece Dead Cat Bounce certainly paid off. Front and centre at a comedy / music show I didn't know whether to expect the mocking of the crowd as some
Thanks to beermeister, who called the dead cat bounce first. And even that may be a statistical aberration - the latest report by the Case-Shiller index, the gold standard of home price tracking, has Boston area prices falling .2 percent.
So RIM's long-suffering shareholders should take note of Karlgaard's advice — and sell on good news or even a dead cat bounce. RIM tested $70 on Feb. 18 and it's been steadily downward ever since. Even if this is a temporary bottom, prices above $50
ETF Insider: A Dead Cat Bounce?
The last week was an up-and-down stretch for global equity markets, as the intensifying crisis in Greece dominated headlines and investors scrambled to analyze the potential fallout from what seems increasingly likely to be a default on sovereign debt obligations. The jump in equity markets–which snapped a six week losing streak–wasn’t really attributable to good news or positive outlooks on either the domestic or international front. Steep sell-offs in recent weeks led to some attractive valuations, prompting bargain hunters to scoop up risky assets that have been pummeled over the last month or so.
Our bet against the Swiss franc was timed perfectly, as the dollar bounced back this week and showed considerable strength against one of the other major safe haven currencies. We still believe that there is room for a further decline here, as FXF has yet to hit the retracement level around $115 per share. The stellar performance of this short position this week creates a good profit taking opportunity, though we believe there are additional opportunities for profit here in coming weeks.
Trade #2 Long JO : Down 7.3%Coffee futures stumbled out of the gates, and JO endured a week of disappointing performance. We still believe that JO presents an attractive opportunity, and the dip in price over the last several sessions only creates a more attractive entry point. So we’re content to leave this position open for the time being, though JO is approaching the $66.36 level that would trigger a technical re-evaluation.
Trade #3 Long THD : FlatThai equity markets performed quite well this week, as predicted. Though THD had several losing sessions during the week, a huge jump in Tuesday trading was more just enough to put this position into positive territory. There is still significant upside potential in this position, as THD remains well below our price target of $70. This position still seems very appealing from a technical perspective over the next several weeks, and we’re letting this bet on Thai equity markets ride.
ETFdb PortfoliosRetirement ETFdb Portfolios
The performances for our themed portfolios during the week were more diverse, as those with more substantial allocations to international stocks, such as the Emerging & Frontier Markets and Ex-U.S., struggled mightily.
Overall market move has not helped BAC one single bit. What is wrong with it? Not one dead cat bounce. Amazing!
SFIO exspect another 50% hair cut, sitting @ .0025 for dead cat bounce
Our this weekend: Have you heard of the term "dead cat bounce"? Your say, at 
RT : July - Phill Jupitus (6), Dead Cat Bounce (9), Abandoman & Simon Munnery (13), Sean Lock in Whose Line (15), Glenn Wool & Brody Stevens (20)
July - Phill Jupitus (6), Dead Cat Bounce (9), Abandoman & Simon Munnery (13), Sean Lock in Whose Line (15), Glenn Wool & Brody Stevens (20)Dead Cat Bounce - Bookshelf
The Dead Cat Bounce, A Home Repair is Homicide Mystery
But someone doesn't like nosy neighbors...and Jake's rustic refuge may become her final restingplace. "From the Paperback edition."Dead Cat Bounce
When his daughter, who has been working as an exotic dancer, comes to him for help in dealing with a stalker, a mysterious and violent customer who refuses to ...Dead Cat Bounce, The Skinny on E-Vesting
The dead cat bounce
Dead cat bounce, story by Gerard Houarner ; illustrated by GAK.
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Dead cat bounce - Wikipedia, the free encyclopedia
Dead cat bounce is a Wall Street term that refers to a small, brief ... The term "dead cat bounce" is derived from the idea that "even a dead cat will bounce if it falls from a ...
Dead Cat Bounce Definition
Dead Cat Bounce - Definition of Dead Cat Bounce on Investopedia - A temporary recovery from a prolonged decline or bear market, after which the ...
Dead cat bounce: Definition from Answers.com
Sharp rise in stock prices after a severe decline. The saying refers to the assumption that a dead cat dropped from a high place will bounce
Dead Cat Bounce
This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. A 'dead cat bounce'
Dead Cat Bounce - bullnotbull.com - Bull Not Bull
Dead Cat Bounce Definition: A short rebound a in a stock or market after a significant drop in price. " Even a dead cat will bounce if dropped from high enough. ...