As a member of our 10% Promise team, I see all kinds of wild stock moves. Every move has its own story, and some of them teach me something I didn't know about the market. Here is what I learned this week.
To Zagg or not to Zagg? That is the question
Apparently, Apple
At Zagg headquarters, I'm sure the initial reaction to Apple's Smart Cover was, "Why didn't we think of that?" But to look down and see your stock was also down 24% was just salt in the wound. The Smart Cover may not be good for the ZAGGmate, but Zagg's other products should be in good shape as the iPad 2 rolls out.
I just wish I had jumped on it when the market panicked, but I was too busy focusing on the shiny new tablet everyone was talking about. The lesson here: Keeping an eye on big prizes like the iPad 2 is good, but watching for reactions elsewhere in the stock market may lead to even better ways to profit.
Short vs. Long: Round 13
The fight over China MediaExpress
The battle over the legitimacy of the company has left many an investor confused, as analysts back the company and investors continue to short it. We give Wall Street analysts a lot of grief at the Motley Fool but they've either got this spot-on or have had the wool pulled over their eyes. I'm just wondering how many rounds this fight will go?
Avoiding bankruptcy isn't always good for shareholders
Isn't avoiding bankruptcy a good thing? YRC Worldwide
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More Interesting Moves This Week: