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The news, blogs, and press releases: Give 'em a piece of yourself

I'm not writing this piece for my associate bloggers here on BloggingStocks. The fact of the matter is that most, if not all of them are far better, more well versed and more professional than myself. I don't even consider myself a professional writer. Basically I'm a hack commentator with some creative potential. But be that as it may, I do know a thing or two about presentation, and if there's one thing I've learned about blogging is that the presentation is what garners the healthy numbers. So, for the aspiring and struggling bloggers out there who want to expand their potential, this one's for you.

I get quite a lot of my material from three major news services. United Press International, Associated Press International, and The Financial News Wire. The angle is that I tend to quickly skip past the stories that I know everyone else is reporting. I know what's being reported because I research that fairly well. So when I get down to sifting through the news to determine what I'll present to you, I already have a pretty well formed picture of what stories are not requiring another go around. Sometimes I do present a piece regarding a story that has been hashed over pretty well, but in those cases you'll notice that I don't just put out a carbon copy of the press release. In the cases when I grab onto a hot headline to present content to the readers, it is my purpose to give them more of a scoop of my opinionated brain matter than just another carbon copied dateline.

Continue reading The news, blogs, and press releases: Give 'em a piece of yourself

Monster Worldwide plunges over 13% on revenue warning

Monster Worldwide Inc. (NASDAQ: MNST) opened at $43.65. So far today the stock has hit a low of $41.26 and a high of $43.65. As of 11:00 this morning, MNST is trading at $41.90, down $6.61 (-13.6%).

After hitting a one year high of $59.99 in May, the stock immediately plunged but has seen a moderately successful rebuilding effort over the past ten months – until today. MNST shares are diving once again after the company warned it will miss its earnings forecast for the first quarter. The technical indicators for MNST have been bearish and steady, while S&P gives the stock a neutral 3 STARS (out of 5) hold rating.

For a bearish hedged play on this stock, I would consider a June bear-call credit spread above the $50 range. MNST has not been above $50 since February and has shown resistance above $49.50 in the past month. This trade could be risky if the MNST's earnings (due 4/26) turn out to be positive, but that is unlikely given today's guidance and even if that happens, the stock could have trouble getting above its 50 day moving average, which is right at $50.

Brent Archer is an analyst on the move at Investors Observer. (Free Subscription)

DISCLOSURE: Mr. Archer owns and/or controls diversified portfolios of long and short stock and option positions that may include holdings in companies he writes about.

Symbol Lookup
IndexesChangePrice
DJIA-215.458,376.24
NASDAQ-46.821,445.56
S&P 500-25.52845.22

Last updated: December 04, 2008: 10:21 PM

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