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  • Valero Energy (VLO) suspends gasoline sales into the California spot market because of a product shortage resulting from a spate of refinery outages in the state. The unusual move from the largest U.S. refiner comes after accidents and maintenance have caused shutdowns at several California refineries, sending pump prices soaring. VLO -3.2% AH.  [View news story]
    Valero is saving gas for thier own CA based stations. The crazy formula stadards here are to blame not greedy a greedy energy company.
    Oct 6, 2012. 11:19 AM | 1 Like Like |Link to Comment
  • Playing The Apple Lottery For $100  [View article]
    It doesn't take $150 Billion in cash to move the market cap. Theoretically, it can gap up in a single 100 share trade.
    Jul 17, 2012. 07:43 PM | 1 Like Like |Link to Comment
  • An Apple Bear Case Without Numbers Or Charts  [View article]
    As soon as you mentioned CSCO P/E of 100 you screwed up your arguement and what on earth do mortgage backed securities have in common with exchange traded common stock?
    May 23, 2012. 04:22 PM | Likes Like |Link to Comment
  • A Rare Negative Reversal In Apple  [View article]
    Apple had a similar move after hours on 24 January. Gapped up to $468 then slid back to $450ish.
    Feb 15, 2012. 07:20 PM | Likes Like |Link to Comment
  • The iPhone may be great for Apple (AAPL), but the huge subsidies it requires makes it terrible for carriers, laments Nomura. Verizon's (VZ, VOD) incremental service margin easily outpaced AT&T's (T) until it began selling the iPhone, and AT&T's actually turned negative in Q4. Meanwhile, Sprint's (S) upcoming Q4 report is expected to show "over 800 bps of margin contraction."   [View news story]
    Verizon benefits. I would have left for AT&T to get the iPhone 4.
    Jan 30, 2012. 02:55 PM | Likes Like |Link to Comment
  • 3 Reasons To Hold Off On Apple For Now  [View article]
    I disagree that its priced in. I think Options Sellers pinned the price in the low 380's last week and are now covering. Pricing in is just begining.
    Dec 20, 2011. 06:46 PM | Likes Like |Link to Comment
  • Note To Apple Shareholders: Stop Trying To Spend The Company's Cash  [View article]
    So Apple shouldn't return cash to shareholders because it doesn't help the company grow, yet holding for a less than 1% return does?
    Dec 15, 2011. 03:39 PM | 2 Likes Like |Link to Comment