Just a heads up to all you Cramericans…if you are looking for HUGE gains you need to check out these stock picks!
This site is full of great stock picks updated throughout the day with a system that truly works…you owe it to yourself to check it out!
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The Wall Street Journal recently interviewed Duncan Niederauer about the merger between NYSE and Euronext. Here is a piece of that interview:
WSJ: How is the integration with Euronext working? The last quarterly call sounded a little rocky.
Mr. Niederauer: That was a wake-up call. We are now working very hard, and I hope to say something about what we are doing by the time we announce first-quarter earnings [on May 6]. The first six or eight months of the merger, not a lot of work was done... Read Full Story
After reading countless articles and analysis on AOB it looks like this stock, which is trading a couple dollars off its 52 week low, is set to soar. The average pharmaceutical company in the U.S. trades for about 51 times cash flow. AOB trades for just 14 times cash flow, at $8.30 per share. This looks like it could offer a quick 100% gain. AOB also has tons of cash on its balance sheet ($160 plus million to be exact). AOB looks like a possible winner…I am getting long AOB!
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Microsoft has given Yahoo a three week ultimatum (either agree or we enter a hostile takeover). Yahoo has tried to solicit bids from Time Warner (AOL), it has entered into new agreements with Google on an ad partnership and the company is going into an earnings report on April 22.
The upcoming earnings release will be a make it or break it report for Yahoo. Fall short and your options are limited, beat The Street and you might buy yourself some more time in the partnership/buyout arena... Read Full Story
After failing efforts to rehab its finances, the country’s largest savings and loan has secured $7 billion in new capital. This newest effort to injection capital against the major loan losses comes at the same time that the company is rethinking its strategy. Washington Mutual is slimming down and revamping its management….maybe this effort will work…the stock was up 30% today on the news.
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The Big Board said March volumes on its U.S. cash exchanges rose 22% and up 20% on its European cash exchanges and volumes rose 41% on NYSE Arca Options.
The IPO activity included the $17.9 billion IPO of Visa, and the cross-listing in New York and Paris of Philip Morris International. It listed 7 ETFs in the U.S. and 35 in Europe.
This stock still looks attractive on a valuation basis…might be time to back up the truck!
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Way of the Turtle by Curtis M. Faith is a great book that documents an experiment that started out as a bet between Richard Dennis and William Eckhardt. The bet was whether great traders are born great or where they made great….it is an excellent book and a must read. There are many read examples and techniques that are noted throughout this historical yet timely trading guide.
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After coming under extreme pressure from billionaire investor Carl Icahn, Motorola has decided that the handset business will operate separately from another company that will encompass its home and networks business which sells TV set-top boxes and modems, and its enterprise mobility solutions, which sells computing and communications equipment to businesses. We will see what this change brings to Motorola…can it reinvent itself?
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Reports from the NY Times today show that JP Morgan has officially raised it’s bid to $10 per share for Bear Stearns. According to the Times, under the new terms, JPMorgan would pay $10 a share in stock for Bear, up from its initial $2 a share — a figure that represented a mere one-fifteenth of Bear’s going market price. Does this appease the current shareholders?
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