Back in January, on the old blog, I mentioned this Altman Z”-score pairs trade:
As of Friday’s close, Short Screen showed an Altman Z”-Score of -0.13 for Trico Marine Services (Nasdaq: TRMA) and an Altman Z”-score of 9 for Oceaneering International (NYSE: OII). Recall that Z”-scores below 1.1 indicate financial distress and risk of bankruptcy, [...]

On Steam Catapult, a summary of recent changes to the site.

Comment contest winners are listed on Steam Catapult (Philippe, you’re one of the winners, so be sure to click over there).
Sorry for the paucity of posts here recently. I was thinking of buying another speculative stock this week, but held off on that, so I didn’t post about it. Perhaps I will add a short [...]

“That” being shorting Brigham Exploration Co. (Nasdaq: BEXP) at $13.11 on 1/28. As I mentioned at the time, shorting BEXP was sort of a pairs trade in that I was already long U.S. Energy Corp (Nasdaq: USEG), which is participating in a series of oil wells with BEXP in the Bakken formation. After the close [...]

On or about February 18th, we’re going to raise the membership fees on both Short Screen and Portfolio Armor; we’re doing some analysis now to determine the exact amounts of the increases. Current members of the sites will be grandfathered and will continue to pay the current membership fees, for as long as they remain [...]

I have been thinking about Brigham Exploration Co. (Nasdaq: BEXP) off and on since last August, when U.S. Energy Corp (Nasdaq: USEG) entered a drilling participation agreement with Brigham in Brigham’s Bakken oil properties. Today I shorted BEXP at $13.11. Because BEXP was in financially dicey straights back then (it had an Altman Z”-Score1 in [...]