Thursday, June 15, 2006

More Insider Selling On VistaPrint

VPRT Insider Selling Report - Click

Insiders have No confidence that the stock will go up it seems??

VPRT Insider Planned Sales Filings

The Market Finally Rallies Almost 200 Points!

Be careful though because Friday is tripple witching as options are set to expire, so Friday will be extremely volatile. We suspect that the market might trade down.

Wednesday, June 14, 2006

We Are BEARISH On VistaPrint - Too Much Insider Selling

Insiders on VPRT seem to be selling almost every day or so and its still not clear why the CFO says that he is leaving the company. This looks like a major RED FLAG to us.

INSIDER SELLING REPORT

Tuesday, June 13, 2006

The Markets Fell For An 8th Straight Down Day Erasing All Stock Gains For The Year For The Dow

Government data on the core Producer Price Index for May showed costs rising slightly more than Wall Street had expected and retail sales rose just 0.1 percent in May, matching Wall Street expectations. Some investors kept their money on the sidelines before Wednesday's much-anticipated Consumer Price Index report for May for a clearer view on inflation. U.S. markets also felt pressure from a global equities sell-off.

Monday, June 12, 2006

From Standard & Poor's Equity Research Today

Technical Outlook

The major indexes are still trying to put in a short- to intermediate bottom, in our view. Each test has been successful thus far. While we think that the market is close to a tradable rally, the indexes are very close to near-term chart support and any meaningful break (greater than 1%) below the recent closing lows would imply further downside, in our opinion. Bond yields have been holding near 5%, while crude oil has been stuck in a fairly narrow range.

Market sentiment remains fairly cautious, which should be a plus once it starts to move back to the bullish side. Overall put/call ratios remain extremely high, equity-only put/call ratios are starting to rise, while OEX put/call ratios dropped sharply and are approaching bullish territory. Both overall and equity-only put/calls are contrary indicators; OEX is a coincident indicator.

Longer-Term Economic Outlook

Incoming data continues to suggest that the economy is slowing, but inflation remains a threat. The evidence this month generally supports a pause at the June 28-29 meeting of the FOMC, in our opinion, but a renewal of tightening is possible if either the economy reaccelerates or inflation rises more rapidly than we expect.

Bernanke's June 5 speech stressed the need to control inflationary expectations, but also pointed out the slowing U.S. economy. We think this is still consistent with a pause at the June 28-29 FOMC meeting.

Thanks To Uncle Ben

The markets are acting like we just got 2 more rate hikes. When the market sentiment looks really bad, it can only mean that we are nearing a bottom and a rally is imminent. One has to believe that much of the bad news has been built in to the markets already. Any positive notes could send the markets surging to recoup the last 7 day losses.

We Are Pounding The Table On Broadwing At These Levels

Broadwing - BWNG is trading at very low levels in our opinion with a value of around $900 million for a company that currently owns an estimated $5.5B fiber optic network and strong global partnerships. They have over $350 million in cash and a LOC to draw from and have yet to disclose what the money is to be used for.

Our guess is that a Buyout is still imminent from the likes of someone like Global Crossing - GLBC or another company interested in expanding their optical reach. News of a CEO has to be forthcoming as well unless they are acquired soon and a company like Global Crossing will use their CEO if and when acquired.

This company is far too cheap to be trading below $10.25 in our opinion. Something must be in the works. Last time we checked, we were still in a mini-telcom merger mania environment, so we are very optimistic that Broadwing will turn back to the upside without any notice.