Updates: TCS, EBAY and FUEL

TCS: The container store. This had an analyst creating a crazy report basically worshipping the company's culture, the executives and how this is a once a lifetime opportunity. I went through their financials and they've been single digit grower of revenue and still not profitable or barely so. Shorted it in the 45 / 46's. Played the other side of the trade to make it safe (it was a mistake). Made the right call, made money but didn't maximize profits. These are all option trades of course.

EBAY: Shitty earnings. I can trade this stock now that I am not with the company any more. Same story as above. Shorted at the right time but the Icahn trade put a limit on how low this can go. Could have executed the trade better but it was still highly profitable.

Finally, Rocket FUEL: Okay this one has given me a lot of grief. After the secondary the stock crashed from 60's to 48 in a rising market. I just don't get this one. All 7 analysts covering it, rate it a Buy or Strong Buy. It has smashed revenue targets. A ton of stock has come on the market after the secondary and some guys shorting the extra float that they couldn't short before seems to be the only logical explanation. Other than that, this company has just taken a huge beating. Insiders sold 2 million shares and they diluted another 3 million at 61, which has freaked some people out. I think this company will do great in the long run (double). Just got my brother to buy this one too. They are the closest to a 'winner' in the programmatic space and I am optimistic. Of course, falling in love with one stock in the past has hurt me and I feel a bit like history is repeating. There is value in the age old adage, don't bet against the ticker. I don't have a lot of patience left on this one unfortunately. Average price 59 and on margin so losses have added up. This week is critical, what with earnings and all.

AOL and FUEL thriving

AOL is up 52% since I recommended in November.

FUEL is up 61% since I recommended it. FUEL can double from here.

Position update

Position updates.

1. TSLA is playing out as I expected. 
2. VJET was a great short except I tried multiple times and never got into it.
3. FUEL gave me a lot of heartache after pulling back almost all the way. Latest short ratio has just been released. FUEL short shares have more than doubled from 1.27 million to 2.67 million which is almost 23.5% of the float. I am still bullish on this one and still think it is a 2.5X from these levels.
4. Covered the TWTR and LNKD short. Calls worked well for me. These companies stay short plays and you need to go in an out of your positions.
5. Sold JCP. It did great for me.