Category: Finance

PMC-Sierra (PMCS) Sees Huge Opening Call Buyer

There was a large unusual buyer jumping into PMC-Sierra (PMCS) just now.  A buyer in the know snapped up 13,666 November $9 calls, an opening trade of 15 times usual option volume in PMCS.   PMC-Sierra (NASDAQ: PMCS), a semiconductor company, is trading at $7.55, up 5 cents this morning.   We can’t find any major

The Southern Company (SO) Options Catch Fire

It appears the smart money knows something big is going on with The Southern Company (NYSE: SO) as large options buys by the “wiseguys” lit up the ticker tape today. Southern Compay saw strong wiseguy options activity in the Aug $46 calls earlier this week, with 7000 + August 46 calls picked up. Now another

Contra the Heard: Trickling Toward Greater Equality

With Hanukkah and Christmas swiftly approaching, I decided to trash some old economic principles while presenting one that if adopted, could dramatically improve the economy and people’s quality of life. To begin, I head back to my university days where there were many dubious but accepted wisdoms that young minds had to learn and regurgitate.

Contra The Heard: Building for the Long Run

Over the past few years, the portfolio managers and analysts here at Contra the Heard have had their hands full researching, reviewing, and placing our respective bets. Although we could complain, it’s true that we also enjoy the work as it speaks to the opportunities at hand. Needless to say, during the peak of the

Unemployment is Falling Across America

In seventy-five percent of the cities in the United States, unemployment numbers has fallen in September, 2011. From August to September, the unemployment rates have fallen in two hundred eighty large metro areas. Since April, 2011, that is the largest number of cites to see a decrease. Employers across the nation have added over a