Tech Leads Market
Every market needs a sector or sectors to lead it (up or down) and every investor should know what they are. (This is one of the points from William O’Neil’s How To Make Money In Stocks that I’ve really taken…
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Finding a Bottom in Blockbuster?
What a ride it’s been in Blockbuster the last 6 months. On Nov 2, 2006 Blockbuster reported an excellent 3rd quarter. While revenue was down slightly and they posted a loss of $27.5 million they in fact made alot of…
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Bed, Bath & Beyond Cuts First Quarter Outlook; Federal Trade Commission Seeks To Block Whole Foods/Wild Oats Market Merger
In other news from today, home furnishings retailer Bed, Bath & Beyond (BBBY), an $11 billion, S&P 500 company lowered its outlook for its 1st quarter ended Saturday June 2. It expects to earn between 36 and 38 cents per…
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Update: Jones Soda (JSDA) Gets Hammered After the Close; Cramer Says “Sell!!!”
Jones Soda (JSDA), a stock whose story I told a couple weeks ago, reported disappointing earnings after the close today (Thu 5/3). The stock was down $4.20, 16.6%, in the after hours to around $21. That’s down about $10.50, or…
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Was It Really So Bad At Blockbuster This Quarter? – A Look Behind the Headlines
For the 1st quarter Blockbuster reported a net loss of $49.2 million compared to $4.7 million in last year’s 1st quarter. Gross margins decreased 480 basis points to 51.7% from 56.5% in last year’s first quarter. So, predictably, the stock…
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Google Poised to Breakthrough $500
After today’s excellent earning’s report, Google (NASDAQ: GOOG) finally looks poised to breakthrough $500 and settle above that level. Google has flirted with $500, closing above it 3 times around last Thanksgiving and twice this January but has been been…
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Former UC San Diego Philosophy Major and Top Gun Pal Vishesh Kumar’s Yahoo! Article Headlines TheStreet.com Website
Back in the day at UC San Diego, Vishesh Kumar and I would argue philosophy. We met in a class on Phenomenology (Husserl, Heidegger, etc…). He was a fan of Nietzsche and Schopenhauer and an opponent of “rationalism” and “scientism”; I…
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Jones Soda – Cramer and the Making of the Moment’s Hot Stock
One of today’s best performers was a stock by the name of Jones Soda (NSDQ: JSDA) – up $3.32 or 11.76% to $31.54 on huge volume. It’s just the latest of many off the chart days for Jones Soda recently. …
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Stocks Aren’t Cheap – The Coming Earnings Season Could Be a “Rude Awakening” For the Bulls
One of the arguments you hear alot these days from bulls is that stocks are cheap. At a P/E of 17 (based on 2006 earnings) for the S&P 500, stocks just aren’t all that risky, they say. But this is…
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Netflix Has Had Its Run – Up 53.6% In 4 Months Since Top Gun Recommended the Shares
It’s been about 4 months since Top Gun recommended Netflix shares on Tuesday July 25 when they closed at $18.78. They closed today at $28.84 – up 53.6% – and I think it’s time to sell. The shares seem to…