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KJP712

KJP712
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  • Zynga's (ZNGA -15.3%) decision not to pursue real-money gambling in the U.S. probably has more to do with a fear of rubbing shoulders with heavyweights such as Wynn Resorts (WYNN -0.4%) and MGM Resorts (MGM +0.2%) with their deep pockets than concerns a major market doesn't exist for online gambling, according to early analysis. The other interesting angle is Zynga could be positioning itself for a strategic partnership with a company that already has the requisite gaming licenses. [View news story]
    Eventually even the gamblers will run out of money.
    Jul 26 10:07 PM | Likes Like |Link to Comment
  • Cramer's Lightning Round - I'm Going For Zynga, But Everyone Is Running Away (7/18/13) [View article]
    I like the Zynga call.The up and down motion on this stock represents opportunity for future trades.
    Jul 21 04:35 PM | Likes Like |Link to Comment
  • Prime Minister Shinzo Abe's ruling bloc wins big in a vote for the Japanese parliament's upper house. "We've argued that our economic policies aren't mistaken, and the public gave us their support," Abe says. The cynical (yet compelling) take from ZeroHedge: "Japan voted and … the people like rising stocks." Ironically however, some worry that with his power cemented, Abe's focus will shift from economic reform to the pursuit of his party's nationalist agenda. [View news story]
    A lot of great Market news reported from ZeroHedge.Trading stocks requires a cynical mind so their view fits into the program.
    Jul 21 04:10 PM | Likes Like |Link to Comment
  • Detroit pulls the plug and files for Chapter 9 bankruptcy after emergency manager Kevyn Orr fails to a cut a deal with creditors. The city becomes the largest in U.S. history to file for bankruptcy. A few stocks trading lower on the news: MBI -15%, RDN -0.2%, MTG -1%, F -0.7%, GM -0.7%, MUNI -0.3%, PZA -0.5%, ITM -0.3%, HYD -0.8%[View news story]
    Kevyn Orr : The Next Fed chairman.
    Jul 18 08:51 PM | 2 Likes Like |Link to Comment
  • Bulls, Bears And Zombies [View instapost]
    Bulls,Bears,and Zombies would be a great name for a Financial T.V. show.Bernanke might not drop the ball but he will juggle it a bit.Good luck on your Instablog career.It is fun to write.
    Jul 17 12:26 PM | Likes Like |Link to Comment
  • Driving Season In The Northern Hemisphere [View instapost]
    Gas Prices up 18 cents in one week for regular unleaded.
    Jul 16 11:12 PM | Likes Like |Link to Comment
  • How To Source Investment Ideas - Imitation Is The Sincerest Form Of Flattery [View instapost]
    I wish I had more time to read articles on Seeking Alpha.Time management seems to be at the top of the list for improvement.I also have a young daughter who I would like to spend more hours with.It is a tough choice most days and I do the best I can.Thanks for your articles they are at the top of my reading list every week.
    Jul 14 08:57 PM | Likes Like |Link to Comment
  • Steve Ballmer unveils Microsoft's (MSFT) reorg via company memos. Microsoft's divisions (Windows, Server & Tools, etc.) will be replaced by 4 "engineering units": Operating Systems (run by Windows Phone chief Terry Myerson), Applications & Services (run by Online Services chief Qi Lu), Cloud & Enterprise (run by Server & Tools chief Satya Nadella), and Devices & Studios (will handle all hardware/entertainment work, and be run by Windows chief Julie Larson-Green). Skype chief Tony Bates will handle business development, and CFO Amy Hood will run newly consolidated finance ops. The ostensible goal: to put an end to Microsoft's corporate turf battles, famously spoofed in this comic. (previous: I, II[View news story]
    This would have been a great time for Ballmer to put in his retirement papers.Smell the roses,that sort of thing...
    Jul 11 02:15 PM | Likes Like |Link to Comment
  • Why I Continue To Double Down On Document Security Systems [View article]
    It is quite possible that the Lexington " Investors" are not experienced enough in stock trading to make a rational choice.Lexington was a private company and hedge funds may need money to shore up their poor performance in 2013.This stock will go up fast once the " Civilians " are done with their theatrics.By next year this stock will be kissing the 12 dollar mark.You heard it here first.
    Jul 9 10:44 AM | Likes Like |Link to Comment
  • Part-Time Work Is Increasingly By Choice As U.S. Labor Market Strengthens [View article]
    Personal experience may trump the data,especially from the Bureau of Labor Statistics.They said things are better but the U-6 number rose in June to 14.3 %.Should not that number go down as well? Not quite feeling the Job Recovery getting better part of the equation.
    Jul 7 09:42 PM | Likes Like |Link to Comment
  • Why I Continue To Double Down On Document Security Systems [View article]
    Agree with your conclusion.Will continue to add to my position at these levels.Very oversold at this point.
    Jul 5 10:17 AM | Likes Like |Link to Comment
  • Polish airline LOT has canceled or postponed two Boeing (BA) 787 flights because of a "problem with the power supply" of one of carrier's Dreamliners. However, the company didn't say whether the glitch was related to the aircraft's battery, problems with which caused the a worldwide grounding of the plane for over three months. [View news story]
    Flick the switch to on.That should do it.
    Jul 5 12:22 AM | Likes Like |Link to Comment
  • Hess (HES +1%) has hired Goldman Sachs to sell its gas-station chain, WSJ reports, as the oil company looks to evolve into a pure E&P company. HES reportedly is seeking a price in the low single-digit billions for its gas stations; more than 90% of the stores are company-operated and include convenience stores. Analyst estimates of the chain's value vary widely, from $1.2B (Morningstar) to potentially $3.4B (Credit Suisse). [View news story]
    GS will turn them into REITS or some type of tax shelter.
    Jul 2 01:31 PM | Likes Like |Link to Comment
  • The U.S. government says it has tested a dozen wheat samples in an effort to resolve the mystery surrounding GMO wheat found in Oregon and calm a troubled market for U.S. wheat exports. Meanwhile, Monsanto (MON -0.2%) says the extensive testing confirms its belief that the finding of the GMO wheat is an isolated, even suspicious, incident that could not have happened via normal farming processes. [View news story]
    The evidence was planted.
    Jun 22 12:31 AM | 1 Like Like |Link to Comment
  • The Food Network, primarily owned by Scripps Interactive (SNI), dropped its popular star Paula Deen this evening after widespread media citations of a transcript of the Southern cooking maven making racist remarks. Deen is also a spokesperson for Novo Nordisk (NVO), which has publicly divorced itself from her comments but seems to be waiting to see if she can rehabilitate her image. [View news story]
    Butter futures are dropping rapidly...
    Jun 22 12:28 AM | Likes Like |Link to Comment
COMMENTS STATS
437 Comments
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