John Muforza

12 CNBC Pet Peeves

To mindlessly watch any commentaries or some of the fixtures on
CNBC that have been breaking news every few seconds about
an armagedon they have finally seen that eluded all of them at
Dow 14198, is juvenile. John Kennedy once said that the time to
repair the roof, is when the sun is shining. Think of CNBC as a
jack-leg roofer shouting at you in the middle of a rain storm from
the top of a roof you already know is leaking because you are
soaking wet if you tune in looking for them to appease all of
your senses. No one is more annoying over there than Cramer
but you must admit that at the end of the day, CNBC is still the
best at what they do, less the shenanigans. How else can they
sell commercials?

Ambac Collapse: Anticlimax of the Week

Are you too big to fail? If so, pass the offering plate along with pleas to
stop the armageddon that today`s market and key players in their infinite
wisdom know will come if a "too big to fail company fails", to your favorite
uncle Sam and the check will be in the mail for all the billions you need
to keep your credit score decent, or should I say keep your business
afloat. If what all those tax cuts did, was to get more bail outs from
Uncle Sam as it seems lately, then somebody is being fleeced and
I bet it isn`t these "too big to fail crowd". For all the hell it is putting us
through, I say let`s give failing a chance.

Clash of the Titan - Cramer's Stop Trading! (6/16/08)

Momentum, is a two-edge sword that cuts viciously in both directions.
Unfortunately, some of the in-your-face bulls we watch today tend
to abandon stocks when the momentum turns down. These geniuses
pushing RIMM today as a table-pounding buy, were hiding under the
table when RIMM was in the 80`s this spring, or too busy calling Dr.
Bernanke, a fool. Buy low, sell high is all the genius you need to know.

Alvarion Stock Drops 25%; What's Going On?

Sometimes you just have to let the charts tell the story. Back in
2003 Alvarion took off from 5.01 and ran up to 17.15 where sellers
induced it to make a round trip back to 4.92 in 2006. As dumb luck
would have it, someone was indignant that Wimax was going to rule
the world of telecommunications and the stock price couldn`t see it,
so, indignant ran the stock up back to 15.21 recently where the sellers had another field day. What is going on is that the buyers
of this stock are more excited about the prospects of Wimax than
the insiders of the company because not a single insider has bought
shares in five years. Wimax maybe backbone technology but the
insiders need to show us some backbone and defend some of these
slides.