SanDisk's (SNDK +1.4%) gets a boost after its board authorizes a $500M stock buyback. The announcement seems a bit of an anomaly when you consider the stock is pushing up near its highest level in over four years. [View news story]
Curious? The company must believe the stock is cheap here.
AARP is dropping its opposition to cutting Social Security benefits, a move that could rock Washington's debate over how to revamp entitlement programs. AARP has always opposed previous reform efforts, but it now has concluded that change is inevitable and needs to be at the table to try to minimize the pain. [View news story]
I trust that does not include those of us ready to retire now. If so, thanks AARP for pulling the rug out from under us.
Should HMOs really be publically traded, profit oriented organizations?? Call me old fashioned but is this really a good idea? Is the object of these companies to maitain the health of the individual buyer of the product or the buyer of the stock? Does holding down cost equate with holding down health care options? I have friends who are doctors and when I ask if they would subscribe to HMO's for their families healthcare, I get a resounding "no way". I'm all for free enterprise and responsible capitalism but, I don't believe that should include health care.
Barry Ritholtz Wants Investors to Stay Cautious [View article]
I think Barry is right on target. How can the economy bounce back with so many debtors being left behind. It will take them quite some time to dig their way out of debt and begin spending again. Those of us who managed to avoid that trap are trying to stay above water due to inflation.
Trading Primer: SUZ'S RULES FOR DIRECTIONAL OPTIONS [View instapost]
SanDisk's (SNDK +1.4%) gets a boost after its board authorizes a $500M stock buyback. The announcement seems a bit of an anomaly when you consider the stock is pushing up near its highest level in over four years. [View news story]
AARP is dropping its opposition to cutting Social Security benefits, a move that could rock Washington's debate over how to revamp entitlement programs. AARP has always opposed previous reform efforts, but it now has concluded that change is inevitable and needs to be at the table to try to minimize the pain. [View news story]
HMO Stocks Look Like Bargains [View article]
Barry Ritholtz Wants Investors to Stay Cautious [View article]