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Dr. Fly

18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.

FLASH: The CFO of SFLY Quit

Mark Rubash announced his departure. The stock is getting hit in after hours.

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It’s a Short Squeeze Bonanza

Stocks with more than 10% of shares sold short, lifting off today.

No. Ticker % Change Short as % of Float
1 JKS 39.73 49.88
2 EK 35.78 28.80
3 HSOL 34.40 13.96
4 BORN 29.85 19.90
5 JASO 29.17 10.66
6 STP 28.13 15.69
7 TSL 28.08 33.87
8 ENER 22.58 24.51
9 KV-A 21.13 22.34
10 YGE 18.45 22.80
11 LDK 18.16 50.04
12 HGSI 17.06 18.00
13 PWER 15.47 28.00
14 CSIQ 13.23 18.10
15 KBH 13.12 37.86
16 HOV 12.81 34.60
17 ZIOP 12.75 15.80
18 NUVA 12.44 11.40
19 SHLD 12.31 44.90
20 IDIX 12.17 12.60
21 TZOO 11.99 81.00
22 AONE 11.74 26.50
23 DNDN 11.46 16.30
24 PRMW 10.55 18.20
25 DANG 10.29 33.21
26 MELA 10.21 26.70
27 RUE 9.79 43.90
28 YOKU 9.70 15.48
29 SATC 9.53 22.80
30 FSLR 9.36 45.30
31 USG 9.26 20.60
32 KERX 8.95 21.70
33 QPSA 8.92 25.40
34 MOBI 8.88 11.79
35 OSG 8.53 46.60
36 MITK 8.31 14.20
37 AKS 8.16 21.00
38 MAKO 7.97 38.50
39 CGA 7.88 10.60
40 CEDC 7.48 16.55
41 CECO 7.46 17.66
42 RLD 7.45 12.70
43 DIN 7.44 14.20
44 HOLI 7.18 14.30
45 ODP 7.11 11.50
46 FRO 6.99 26.00
47 OCLR 6.96 16.50
48 ZLC 6.95 15.60
49 APP 6.90 14.90
50 QTWW 6.87 12.50

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Israel Comments on the Assassination of an Iranian Nuclear Scientist

Benny Gantz, Chief of Staff, Israel’s Defense Forces: “For Iran, 2012 is a critical year in combining the continuation of its nuclearisation, internal changes in the Iranian leadership, continuing and growing pressure from the international community and things which take place in an unnatural manner.”

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SOMEONE IS KILLING IRANIAN NUCLEAR SCIENTISTS (VIDEO)

The United States swears on a stack of korans to have nothing to do with the magnetic bomb attached to the car of a nuclear scientist today. Israel could not be reached for comment.

[youtube:http://www.youtube.com/watch?v=H-wjb4EoIkk 603 500]

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FLASH: CRUS RAISES ESTIMATES

Cirrus Logic raises Q3 rev guidance above consensus; sees Q4 revs above consensus (16.97 +0.47)
Co announced estimated net revenue based on preliminary unaudited financial results for the third fiscal quarter, which ended on Dec. 31, 2011, of approximately $122 million (vs $105.08 mln Capital IQ Consensus Estimate). Previously, the company anticipated revenue to be between $102 million and $108 million. Revenue from audio products is estimated at $105 million and revenue from energy products is expected to be approximately $17 million. The company expects gross margin to be approximately 54 percent and combined R&D and SG&A expenses are estimated to be approximately $600,000 above the upper end of guidance, due primarily to additional product development expenses. At this early stage in the March quarter, the company is currently expecting revenue of approximately $105 million (vs $98.49 mln Capital IQ Consensus Estimate), which represents year over year revenue growth of approximately 15 percent. “Q3 was a great quarter for Cirrus Logic, and we are particularly pleased that the last few weeks of the quarter were much stronger than we had anticipated, indicating that demand remains robust following the holiday season.”

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