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…
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…
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…
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…
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…
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. …
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…
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…
When I opened up The Wall Street Journal first thing this morning I could hardly believe my eyes. The front page announced two monster deals: Private equity firm Blackstone’s acquisition of Equity Office Properties (NYSE: EOP) (subscription required), the #1 office…
On his radio show Real Money this morning (Thursday October 26) Jim Cramer, of CNBC’s popular Mad Money, had some interesting things to say about the upcoming election and Top Gun recommendation Comcast. On the upcoming election: Election day is…