NYSE Stocks with the Highest Short Interest

by Fred Fuld III

A short squeeze is a phenomenon that occurs in financial markets when investors who have sold shares of a stock short (i.e., betting that the stock price will fall) are forced to buy those shares back at a higher price than they expected. This can happen when the stock’s price rises sharply, causing losses for short sellers who need to buy the stock to cover their position and limit their losses.

As more and more short sellers try to buy the stock to close out their positions, this increased buying activity can drive the stock price even higher, creating a feedback loop that can lead to a rapid and dramatic increase in price. This can create a challenging situation for short sellers, who may be forced to buy back the stock at a loss, or risk even greater losses if the stock continues to rise. A short squeeze can also create opportunities for long investors who have purchased the stock, as they may be able to sell their shares at a higher price to short sellers looking to cover their positions.

On August 22, 2022, I posted an article about meme related short squeeze stocks, and pointed out Bed Bath and Beyond (BBBY) after it had its big run-up. In exactly one week after the article was posted, the stock jumped by more than 43%.

Another stock that was mentioned was Intercept Pharmaceuticals, Inc. (ICPT), which increased by almost 5% in just two days.

The stock with the biggest short ratio (days to cover), at 14.3 back then, was Heron Therapeutics, Inc. (HRTX). It rose by 9.5% in three days.

When you short a stock, it means that your goal is to make money from a drop in the price of a stock. Technically, what happens is that you borrow shares of a stock, sell those shares, then buy back those shares at a hopefully lower price so that those shares can be returned. This all happens electronically, so you don’t actually see all the borrowing and returning of shares; it just shows up on your screen as a negative number of shares.

Short sellers can be profitable, but sometimes when the stock moves against them, and begins to rise, the short sellers jump in right away to buy shares to cover their positions, creating what is called a short squeeze. When a short squeeze takes place, it can cause the share prices to increase fast and furiously. Any good news can trigger the short squeeze.

Some traders utilize this situation by looking for stocks to buy that may have a potential short squeeze. Here is what a short squeeze trader should take into consideration:

Short Percentage of Float ~ The float is the number of freely tradable shares and the short percentage is the number of shares held short divided by the float. Amounts over 10% to 20% are considered high and potential short squeeze plays.

Short Ratio / Days to Cover / Short Interest Ratio -This is probably the most important metric when looking for short squeeze trades, no matter what you call it. This is the number of days it would take the short sellers to cover their position based on the average daily volume of shares traded. This is a significant ratio as it shows how “stuck” the short sellers are when they want to buy in their shares without driving up the price too much. Unfortunately for the shortsellers, the longer the number of days to cover, the bigger and longer the squeeze.

Short Percentage Increase ~ This is the percentage increase in in the number of short sellers from the previous month.

The following are some heavily shorted tech stock that may be worth considering.

CompanyTickerShort % of FloatShort % ChangeShort Interest Ratio
Silvergate Capital CorpSI76.92%-6%1.2
Carvana CoCVNA52.82%0%1.8
Wayfair IncW33.65%0%4.2
Big Lots, Inc.BIG32.44%-1%7
C3.ai IncAI27.31%5%1.4
Fubotv IncFUBO26.57%-27%3.2
Virgin Galactic HoldingsSPCE25.92%9%5.9
Bakkt Holdings IncBKKT24.53%6%4.3
AMC EntertainmentAMC24.39%1%3.7
Cinemark Holdings, Inc.CNK23.73%0%7.6

The third stock on the list, Wayfair (W) has over 33% of its float shorted, with no change in short interest over last month.

The short interest ratio is 4.2, which means that it would take the short sellers over 4 days to cover their position, based on recent average volume.

Just keep in mind that just because a stock has good earnings ratios and is heavily shorted, doesn’t mean that the stock will go up, especially in a bear market. Also, stocks that are significantly shorted may be shorted for a reason.

Disclosure: Author didn’t own any of the above at the time the article was written.

Is It Time to Invest in Watches? How about $5 Million for a Patek Philippe Watch?

by Fred Fuld III

Christie’s recently set a global record for the most expensive watch auctioned online.

The watch is a Patek Philippe Grand Complications ‘Sky Moon Tourbillon’ that was hammered at US$ 5.8 million (HK $45.4 million), above its high estimated.

The auction was part of the Christie’s Hong Kong Top Of The Time Watches Online.

Top Lot – Lot 111: Patek Philippe,
Grand Complications ‘Sky Moon Tourbillon’ , Ref. 6002G-001
Source: Christie’s

Here are the details on the watch:

Circa: 2015
Case material: 18k white gold
Diameter: 44 mm.
Strap material: Dark blue Patek Philippe CROCODILE strap
Dial: Blue cloisonné enamel
Movement: Manual
Functions: Cathedral minute repeating, tourbillon, perpetual calendar, retrograde date, moon phases, leap year indication, sidereal time, sky chart, phases and orbit of the moon
Buckle: 18k white gold hand-engraved Patek Philippe deployant clasp
With: Patek Philippe Certificate of Origin, Rate Accuracy Certificate, matching cufflinks, setting pin, sales tag, product literature, leather portfolio, leather holder, presentation box, additional presentation box with winding mechanism and outer packaging

An investment you can wear. It will even tell you the time.

Stocks Going Ex Dividend in April 2023

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but during bear markets, you may want to consider avoiding this strategy. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until on or after the ex date.

The actual dividend may not be paid for another few weeks.

WallStreetNewsNetwork.com has compiled a downloadable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million. Some of the stocks have yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and the annual yield.

Comcast Corporation (CMCSA)4/4/20230.293.18%
American Express Company (AXP)4/5/20230.601.51%
General Mills, Inc. (GIS)4/6/20230.542.71%
Dollar General Corporation (DG)4/10/20230.591.12%
Abbott Laboratories (ABT)4/13/20230.512.08%
Colgate-Palmolive Company (CL)4/20/20230.482.63%
Dell Technologies Inc. (DELL)4/24/20230.373.84%
Clorox Company (CLX)4/25/20231.183.02%
Hasbro, Inc. (HAS)4/28/20230.705.83%

The entire list of over 100 ex-dividend stocks will be emailed to all subscribers next week. If you are not a subscriber, you can sign up at the signup box below. Don’t miss out. Remember, it’s free!

Dividend Definitions

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.

Is the Falling Stock Market Driving You to Drink? How About Booze Stocks?

by Fred Fuld III

The liquor and alcoholic beverage industry is a multi-billion dollar industry that has been growing steadily over the years. While the industry is not immune to the impact of global events such as the COVID-19 pandemic, there are several factors that suggest a promising future for the industry.

First, changing consumer preferences towards premium and craft spirits have led to an increase in demand for high-quality, unique and flavorful alcoholic beverages. This has led to a rise in small-scale distilleries and microbreweries, which offer unique and innovative products. The trend of craft beer and small-batch spirits is expected to continue in the future, with consumers looking for unique and high-quality products.

Second, the increasing trend towards health and wellness has also led to the emergence of low-alcohol and non-alcoholic beverages. This segment of the industry is growing rapidly, driven by consumers who are looking for alternatives to traditional alcoholic beverages. This trend is expected to continue as more consumers become health-conscious and seek out healthier beverage options. Plus, there are reportedly even health benefits to drinking alcohol in moderation.

Third, the growth of the e-commerce industry has provided new opportunities for the liquor and alcoholic beverage industry. Online sales have increased significantly over the years, and this trend is expected to continue in the future. As a result, companies that are able to establish a strong online presence and offer convenient and efficient delivery services are likely to benefit from this trend.

Finally, the increasing disposable income and changing lifestyles of consumers in emerging economies such as India and China are expected to drive growth in the liquor and alcoholic beverage industry in these regions. As the middle class grows and consumers become more discerning, demand for premium and high-quality alcoholic beverages is expected to rise.

Overall, while the liquor and alcoholic beverage industry is not immune to challenges, there are several factors that suggest a promising future for the industry. Companies that are able to adapt to changing consumer preferences and trends, and leverage new technologies and business models are likely to benefit from the growth opportunities in the industry.

For investors looking to invest in the booze sector, Constellation Brands (STZ) is one option. It was founded in 1945, and is a California based company with such brands as Robert Mondavi, Clos du Bois, Ravenswood, Black Velvet, and Canadian Whiskey. The stock trades at 18.8 times forward earnings and pays a dividend of 1.46%. Earnings per share are expected to grow next year by 10.8%.

Diageo (DEO), founded in 1997, is based in the UK. Its brands include Blossom Hill, Sterling Vineyards, Beaulieu Vineyard, Navarro Correas, Acacia Vineyard, Rosenblum Cellars, Piat d’Or, Chalone Vineyard, and Santa Rita. The stock has a trailing price to earnings ratio of 22.8 and offers a decent yield of 2.13%. Quarterly revenue growth was 37% year-over-year.

If you like Jack Daniel’s, then maybe Brown-Forman (BF-B) is the way to go. The trailing P/E is 34 and the forward P/E is 31. The yield is 1.3%.

Like anything, drinking should be done in moderation, and allocating your portfolio to liquor stocks should be done in moderation also.

Disclosure: Author didn’t won any of the above at the time the article was written.

Investing in the Future of Coffee

by Fred Fuld III

The coffee industry has been growing steadily over the years and is expected to continue to expand in the future. Here are some potential business opportunities in the coffee industry:

  1. Specialty coffee: The specialty coffee market has been growing rapidly as consumers become more interested in high-quality and unique coffee experiences. This presents an opportunity for businesses to offer specialty coffee products, such as single-origin beans, micro-roasted coffee, and customized blends.
  2. Sustainable coffee: Consumers are becoming more environmentally conscious, and this trend is driving demand for sustainable coffee products. Businesses can differentiate themselves by offering sustainably sourced and produced coffee, using practices that minimize their environmental impact.
  3. Coffee delivery: With the growth of online ordering and delivery services, there is an opportunity for businesses to offer coffee delivery services. This could include delivery of coffee beans, pre-made coffee drinks, or even a subscription service for regular coffee deliveries.
  4. Coffee tourism: As coffee continues to grow in popularity, there is an opportunity for businesses to offer coffee tourism experiences, such as visits to coffee plantations, coffee tastings, and coffee-related workshops.
  5. Technology-enabled coffee: Technology is transforming the coffee industry, with innovations such as coffee machines that use artificial intelligence and mobile ordering apps. Businesses can capitalize on this trend by offering technology-enabled coffee products and services.

These are just a few examples of the potential business opportunities in the coffee industry. As the industry continues to evolve, there will likely be many more opportunities for businesses to innovate and grow.

Of course, there are also plenty of health benefits from drinking coffee.

So if an investor wants to sample some of the companies in this industry, there are a few available.

Starbucks (SBUX) is the Seattle, Washington based company with over 30,000 stores around the world that sell coffee, tea, blended drinks, sandwiches, pastries, and many other food and drink items. Starbucks has a large market cap of over $117.8 billion and pays a dividend yield of 2.05%. It trades at 35.6 times trailing earnings.

Coffee Holding (JVA) is a wholesale coffee roaster and dealer that manufactures, roasts, packages, markets, and distributes roasted and blended coffee for private labeled accounts and its own brands, with three product categories: wholesale green coffee, branded coffee, and private label coffee. With a very low market cap of $28 million, the company’s stock is very speculative. The stock  trades at 27 times trailing earnings.

Another option is Farmer Brothers Company (FARM), a coffee foodservice company that manufactures, wholesales, and distributes coffee, tea, and hundreds of other foodservice items to retailers and foodservice providers. Its customers include hotels, offices, restaurants, convenience stores, and other establishments. The company has a tiny market cap of $90 million, and is currently generating negative earnings, so should be considered extremely speculative.

Are you going to put your money where your mouth is and consider investing in coffee stocks?

Disclosure: Author didn’t own any of the above at the time the article was written.

Have You Made Your Portfolio Safe with Cybersecurity Stocks?

by Fred Fuld III

Cybersecurity is becoming an increasingly important issue in our interconnected world, and as a result, the future business potential of cybersecurity is significant. Here are a few reasons why:

  1. Growing need for cybersecurity: As more and more of our personal and business lives move online, the need for robust cybersecurity measures will only increase. With cyber attacks becoming more sophisticated and frequent, companies will have to invest in cybersecurity solutions to protect their data and infrastructure.
  2. Compliance regulations: Governments around the world are introducing new regulations to ensure companies are taking adequate measures to protect their customers’ data. For example, the European Union’s General Data Protection Regulation (GDPR) and California’s Consumer Privacy Act (CCPA) both require companies to take steps to protect consumer data. This means that companies will need to invest in cybersecurity solutions to comply with these regulations.
  3. Increased spending on cybersecurity: According to a report by Cybersecurity Ventures, global spending on cybersecurity products and services is expected to exceed $1 trillion over the next five years. This represents a significant growth opportunity for cybersecurity companies and service providers.
  4. Cybersecurity skills shortage: There is currently a shortage of cybersecurity professionals, which means that companies are struggling to find and hire qualified individuals to help protect their networks and data. This presents an opportunity for companies to invest in training and developing their own cybersecurity teams, or partnering with third-party providers to fill the gap.

Overall, the future business potential of cybersecurity is significant, with increasing demand for cybersecurity solutions and a growing market for cybersecurity products and services. Companies that invest in cybersecurity now will be well-positioned to capitalize on this trend in the years to come.

So how does an investor play this market?

The following is a selection of the many stocks involved in cybersecurity:

CompanySymbolMarket CapP/EFwd P/E
Palo Alto NetworksPANW$56 B244040
FortinetFTNT$47 B5737
CrowdStrike HoldingsCRWD$29 B64
ZscalerZS$19 B62
PalantirPLTR$17 B35
OktaOKTA$13 B75
SentinelOneS$4 B
If a section is blank, it means negative earnings

Th largest by market capitalization is Palo Alto Networks, which is based in Santa Clara, California and has been around since 2005.

The stock has a nosebleed high trailing price to earnings ratio of 2440, but a more reasonable forward P/E of 40.

Earnings per share growth this year was 47.6%, and next year anticipated to be 16.25%. Quarterly earnings growth year-over-year was 180%.

The next largest is Fortinet, based in Sunnyvale, California. It trades at 57 times trailing earnings and 37 times forward earnings. Earnings per share this year jumped 46.6%.

Quarterly revenue growth year-over-year was up 33%. The company is debt free.

Hopefully one of these stocks can protect your portfolio.

Disclosure: Author owns PLTR.

Top Drone Stocks

by Fred Fuld III

“Total global shipments to reach 2.4 million in 2023 – increasing at a 66.8% compound annual growth rate. The drone services market size is expected to grow to $63.6 billion by 2025.” ~ Source: Insider Intelligence, April 15, 2022

The drone industry has tremendous potential for growth in the coming years, and is expected to become an increasingly important part of various businesses and industries. Here are a few areas where the drone industry is likely to see significant growth in the future:

  1. Aerial Photography and Videography: Drones are being increasingly used for aerial photography and videography, especially in the real estate, advertising, and film industries. With advancements in technology, drones are becoming more capable of capturing high-quality footage and are becoming more affordable, making them accessible to a wider range of businesses and consumers.
  2. Agriculture: Drones are being used in the agricultural industry for a variety of purposes, including crop monitoring, yield analysis, and soil mapping. With the help of drones, farmers can better manage their crops and optimize their yields, which can lead to increased efficiency and profitability.
  3. Infrastructure Inspection: Drones can be used to inspect infrastructure such as bridges, power lines, and pipelines, which can be dangerous and difficult for humans to access. With the help of drones, inspections can be carried out more quickly, safely, and cost-effectively, which can lead to improved maintenance and safety.
  4. Delivery Services: Drones can be used for delivery services, especially in areas where ground transportation is difficult or expensive. With the development of autonomous drone technology, it may become possible to deliver packages and other items more quickly and efficiently than traditional delivery methods.
  5. Search and Rescue: Drones can be used in search and rescue operations to locate missing persons or to survey areas that are difficult to access. With the help of drones, rescue teams can more quickly and accurately locate and assess the situation, which can lead to more successful outcomes.

Overall, the drone industry has significant potential for growth in a variety of areas, and is likely to become an increasingly important part of many businesses and industries in the future.

If you are looking for pure plays or semi-pure plays in the drone industry, there are a few to choose from:

•AeroVironment (AVAV)

•Kratos Defense & Security Solutions (KTOS)

•EHang Holdings Ltd. (EH)

•Ambarella (AMBA)

•Joby Aviation Inc. (JOBY)

AeroVironment produces unmanned aircraft systems selling largely to the U.S. Government and international governments.

The company has had consistent and steady revenues, and sports a forward price to earnings ratio of 37. Long term annual estimated earnings growth for the next five years is 18.2%.

Kratos provides unmanned aerial systems, and unmanned ground and seaborne systems to the U.S. Department of Defense.

The stock trades at 26 time forward earnings and quarterly revenue growth year over year is 7.8%. Current earnings are negative.

Ambarella would be considered more of a semi-play as it makes video chips for high quality drones. The stock has a forward P/E ratio of 142. The company is debt free with $5.12 in cash per share.

Joby Aviation is developing an aerial ride sharing service. The market cap is $2.6 billion and earnings are negative.

EHang Holdings produces autonomous aerial vehicles in China. It is extremely low cap at $660 million.

Possibly one of these stocks will fly high with the drones.

Disclosure: Author didn’t own any of the above at the time the article was written.

Top Robotics Stocks

by Fred Fuld III

The future business potential of robotics is significant and far-reaching. The use of robots in various industries has been growing rapidly, and this trend is likely to continue in the coming years. Here are some key areas where robotics is expected to have a significant impact on business:

  1. Manufacturing: Robotics has already revolutionized manufacturing, making it faster, more efficient, and more accurate. As the technology continues to improve, it is likely that more manufacturing processes will be automated, leading to even greater efficiency gains.
  2. Healthcare: Robots are already being used in healthcare for tasks such as surgery, rehabilitation, and even patient care. In the future, we can expect to see even more use of robots in healthcare, particularly in areas such as telemedicine and medical logistics.
  3. Logistics and Warehousing: Robotics has the potential to transform logistics and warehousing, making it faster and more efficient. With the growth of e-commerce and the increasing demand for fast delivery, the use of robots in logistics and warehousing is likely to increase significantly.
  4. Agriculture: Robots are already being used in agriculture for tasks such as planting, harvesting, and crop monitoring. As the world’s population continues to grow, the demand for food will also increase, and robotics could play a key role in meeting this demand.
  5. Construction: Robotics has the potential to revolutionize the construction industry, making it faster, safer, and more efficient. Robots can be used for tasks such as excavation, bricklaying, and even 3D printing of buildings.
  6. Education and Research: Robotics can be used in education and research to help students learn about robotics, programming, and automation. Additionally, robots can be used in research to collect data and perform experiments in dangerous or inaccessible environments.

Overall, the future business potential of robotics is enormous, and we can expect to see robots being used in many different industries and applications in the coming years. As the technology continues to improve, it is likely that we will see even more innovative uses of robotics in business.

In terms of investing in this field, there are a few pure plays, which include:

Teradyne (TER)
iRobot (IRBT)
Intuitive Surgical (ISRG)

Each of these companies target specific markets.

For example, Teradyne is involved in the development and marketing of collaborative robotic arms, autonomous mobile robots, and advanced robotic control software.

The company’s markets include industrial, defense, memory testing, and wireless testing.

The stock has a $16 billion market cap. It trades at 24 times trailing earnings and 19 times forward earnings. The yield is 0.43%.

iRobot serves the home consumer market selling such products as the Roomba floor vacuuming robots.

The stock is currently generating negative earnings, however it is debt free and has $4.38 in cash per share.

Intuitive Surgical makes robots for the medical industry. The stock has a trailing price to earnings ratio of 64 and a forward P/E of 37. Earnings per share growth for next year is anticipated to be 17%.

One or more of these stocks may provide some automated growth to your portfolio.

Disclosure: Author didn’t;t own any of the above at the time the article was written.

How You Ever Considered Investing in Rare Books?

Gregory Peck’s Leather-Bound ‘To Kill a Mockingbird’ Script Soars Past $84,000 at Heritage Auctions

Hollywood history, works of fine and decorative art, mementos from the Estate of Veronique and Gregory Peck realize $1.28 million

DALLAS, Texas (Feb. 24, 2023) — Gregory Peck’s personalized leather-bound To Kill a Mockingbird script sold Thursday for $84,375 as Heritage Auctions presented Property from The Estate of Veronique and Gregory Peck. As expected, the gilt-stamped, photo-filled, Horton Foote-penned adaptation of Harper Lee’s beloved novel was among the most sought-after and fought-over lots in an event that paid tribute to the careers and philanthropy of the Academy Award-winning actor and his philanthropist wife of nearly 50 years. Another highlight was a 35th-anniversary copy of the Pulitzer Prize-winning To Kill a Mockingbird inscribed by Lee to Veronique and Gregory, who won the Best Oscar as Alabama attorney Atticus Finch in 1963. Wrote Lee, “To Gregory and Veronique: You have a unique place in my heart. Harper.” It sold Thursday for $35,000.

“Harper Lee once said the role of Atticus Finch gave Gregory Peck the chance to play himself, because he was that man,” Gregory and Veronique’s son Anthony said before the auction. Bidders responded appropriately.

The nearly sold-out auction, featuring some 250 lots, proved to be a blockbuster event, realizing a total of $1,279,367 and attracting more than 1,100 bidders worldwide — and lasting more than six hours. Collectors were rewarded with numerous scripts spanning Peck’s acclaimed film career, awards, landmark costumes, beloved and important works of fine and decorative art and myriad mementos the couple accrued during their illustrious and remarkable lives.

“It is a true testament to Veronique and Gregory Peck’s legacy that collectors from around the world so eagerly participated in this auction of iconic Hollywood history,” says Carolyn Mani, West Coast Director of Trust and Estates. “And even now, the couple remains philanthropic and kind, as a portion of the proceeds from this auction will benefit Chef José Andrés’ nonprofit World Central Kitchen. We thank the Peck family for allowing Heritage to participate in such an extraordinary event.”

The auction began with a parade of pieces from the Pecks’ estimable collection of fine art acquired during their world travels. Raoul Dufy’s Chevaux et turfistes à Epsom toplined the offerings, realizing $93,750. Then it moved into the stuff of which Golden Age Hollywood was made — including a silver box gifted to the Pecks upon their 25th anniversary by their best friends, among them the Frank and Barbara Sinatra, Johnny and Joanna Carson, Billy and Audrey Wilder, Cary Grant, Walter and Carol Matthau, Rod and Alana Stewart and many others. Its lid is engraved with Veronique and Gregory’s name and the date Dec. 31, 1980; the box itself is engraved with the signatures of their dearest friends. And it sold Thursday for $20,000. Here, too, was the poker table the Sinatras gifted to the Pecks, who hosted the likes of Frank Sinatra, Angie Dickinson, Jack Lemmon and countless other bold-faced names around the wooden octagon. One lucky bidder anted up $21,250 for the pleasure and privilege of shuffling up and dealing at this famous felt.

Among the most coveted items in the auction was the Golden Globe Award presented to Peck as the “World Film Favorite of 1954,” a year during which he starred in Man with a Million, Night People and The Purple Plain. The award realized $30,000. A second Golden Globe, for Best Performance by an Actor in a Supporting Role, awarded Peck for his final on-screen performance in the 1998 television mini-series Moby Dick, sold toward auction’s end for $22,500.

The auction featured personalized, customized book-bound scripts for each of Peck’s films, among them 1953’s Roman Holiday, the very film during which Gregory met Veronique. This script, with 16 production stills and portraits contained within, sold for $25,000. Peck’s leather-bound script for Alfred Hitchcock’s Spellbound was inscribed by the legendary producer David O. Selznick, who wrote inside, “For Greg — with gratitude for his superb work in this, our first association. May we have many, many more together! D.O 1945.” A bidding war drove its final price to $17,500.

So it would go, time and again, whenever one of the leather-bound, gilt-stamped scripts from Peck’s private library appeared. Gentleman’s Agreement, in which Peck was Oscar-nominated as a reporter exposing anti-Semitism in America, opened live bidding at $5,250, then sold for $15,000. His Captain Horatio Hornblower, signed and inscribed by director Raoul Walsh, opened at $1,550, only to realize $8,750. The Man in the Gray Flannel Suit opened live bidding at $1,300, then sold for $10,000. Peck’s first Moby Dick, from 1956, opened at $4,000 and sold for $15,000. The script from his first turn in Cape Fear started live bidding at $5,000; it wound up selling for $17,500. One of the auction’s surprise shootouts occurred over Peck’s 1960 passport, which opened live bidding at $875. But this extraordinary document was not to be denied its duel in the sun; after all, it told the story of Peck’s international travels in the 1960s and contains two extraordinarily rare “Eldred Gregory Peck” signatures, one on Peck’s passport photo. By the time the bidding ended, some several minutes later, the passport realized $21,875.

That was but the beginning of several more heated back-and-forths between bidders, who fought over Peck’s Hollywood Walk of Fame Commemorative Star Plaque (which realized $17,500) and the script for The Guns of Navarone, which opened at $2,600 and sold for $20,625. Heated bidding wasn’t limited to Hollywood history, either, as a Charles II Large Acanthus Leaf Silver Tankard made in London in 1670 sold for $30,000.