Closing Long Dice Holdings (DHX) & Short Monster Worldwide (MWW)

avatar By: IS
Date posted: 01.27.2012 (2:55 am) | Write a Comment  (4 Comments)

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For a third time this year, I am able to close a trade, the one where I went long Dice Holdings (DHX) and Monster Worldwide (MWW) which currently stands at +29,27%. How did it get to this point? Mainly thanks to Monster which announced disappointing results, as has often been the case lately. They also announced lower revenues and profits expectations than most analysts expected sending the stock down over 20% today…!


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4 Comments »

  1. Comment by Hans — January 27, 2012 @ 9:06 pm
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    Well, the timing worked out quite nicely for you,IS..

    Dice, is still on my watch list, something I should have purchased three ago, when it was trading at $3 bucks per share…

  2. Comment by IS — January 28, 2012 @ 6:08 am
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    @Hans – Thanks :) Yes, I don’t get why DHX is always undervalued… it’s getting better but still MWW has been so overpriced.

  3. Comment by Hans — January 28, 2012 @ 1:56 pm
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    IS, I think there was a lot of hype behind MONSTER; when perform did not match the stock price, investors began to bail.!

  4. Comment by Intelligent Speculator — January 29, 2012 @ 1:07 pm
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    @Hans – Good for people like me;)

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