trend trading


What happened

Shares of optical component companies have dropped today, includingOclaro (NASDAQ:OCLR), Acacia (NASDAQ:ACIA), Lumentum (NASDAQ:LITE), and Finisar (NASDAQ:FNSR), whose shares were down 11%, 11%, 6%, and 3%, respectively, as of 3:30 p.m. EDT, after the U.S. broadened its investigation regarding compliance with sanctions programs.

So what

The New York Times reported on Wednesday that the U.S. is expanding the scope of its investigation into China-based Huawei, which may have violated trade sanctions with Cuba, Iran, Sudan, and Syria.


Image source: Getty Images.

The Chinese company, which has historically specialized in networking gear but recently expanded into consumer electronics such as smartphones, hasn’t been accused of any wrongdoing quite yet, but it has been heavily suspected of violating restrictions on trade. Peer ZTE pleaded guilty last month to violating sanctions and faces fines of $1.2 billion.

trend trading: Neptune Technologies & Bioresources Inc(NEPT)

Advisors’ Opinion:

  • [By Jim Robertson]

    Yesterday, our Under the Radar Movers newsletter suggested small cap functional ingredient stock Neptune Technologies & Bioressources (NASDAQ: NEPT) as a long/bullish trade:

  • [By Monica Gerson]

    Neptune Technologies & Bioressources (NASDAQ: NEPT) is projected to post a quarterly loss at $0.01 per share on revenue of $9.70 million.

    Apigee Corp (NASDAQ: APIC) is expected to post a quarterly loss at $0.27 per share on revenue of $23.17 million.

trend trading: RPX Corporation(RPXC)


Advisors’ Opinion:

  • [By Travis Hoium]

    Shares of risk management company RPX Corp. (NASDAQ:RPXC) popped as much as 15% in trading Wednesday after buyout rumors started to swirl in the market. At 2:55 p.m. EST, shares had settled down to an 11.2% gain on the day.

trend trading: TiGenix NV (TGXSF)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    Leuven, Belgium-based Tigenix (OTC:TGXSF) filed to go public in the U.S. in late 2015, only to become entangled with Bavarian Nordic (OTC:BVNKF) and Basilea Pharmaceutica (OTC:BPMUF) as the European drugmakers pulled back from NASDAQ. Tigenix subsequently increased its bank account following a 23.75 million placement in Belgium, and added an additional 25 million via a relationship with Takeda, before coming back to Wall Street in October 2016 with a revamped slate of underwriters.

trend trading: Madison Square Garden Inc.(MSG)


Advisors’ Opinion:

  • [By Ian Wyatt, Publisher & Chief Investment Strategist, Wyatt Investment Research]

    Meanwhile, Mark Boyar, of The Boyar Value Fund, recommends another household name: Madison Square Garden (MSG). He thinks the Dolan family could take the company private.

  • [By Monica Gerson]

    Madison Square Garden Co (NYSE: MSG) is estimated to report a quarterly loss at $0.34 per share on revenue of $325.53 million.


    Gogo Inc (NASDAQ: GOGO) is projected to report a quarterly loss at $0.42 per share on revenue of $137.58 million.

trend trading: U.S. Auto Parts Network, Inc.(PRTS)

Advisors’ Opinion:

  • [By Jim Robertson]

    On Friday, our Under the Radar Moversnewsletter suggestedshorting small cap online aftermarket auto parts stock U.S. Auto Parts Network, Inc (NASDAQ: PRTS):

  • [By Lisa Levin]

    In trading on Monday, cyclical consumer goods & services shares rose by just 0.1 percent. Meanwhile, top losers in the sector included U.S. Auto Parts Network, Inc. (NASDAQ: PRTS), down 22 percent, and Sears Holdings Corp (NASDAQ: SHLD), down 13 percent.

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