Shorts Bet Against SIRI, But For Emmis and Entercom [View article]
Your brother in law? I didn't make this up- IM dead remember?
Lets hope he knows more about life then mattresses
looks like Tuna needs to get himself- a porcelain fountain
----------------------...
Where's the magic? Anxious consumers pull the rug out from under Tuna Amobi's stock picks
TWO OF TUNA AMOBI'S STOCK PICKS--A COMPANY that sells mattresses and another that sells cars--were big disappointments. Even The Walt Disney Co. didn't have enough magic to rescue the investments chosen by the New York City-based director of Standard & Poor's consumer discretionary equity research.
Amobi's three stocks--all companies that sell things that consumers can go without during hard times--lost a combined 34.5%, while the S&P 500 index fell 10.6% over the year.
[ILLUSTRATION OMITTED]
Tempur-Pedic International Inc., a maker of high-end mattresses and pillows, nosedived by almost 62% as the housing crisis sapped demand. "What we didn't anticipate was the acuteness of the crisis in the housing sector, 1 which eventually took a major toll on Tempur-Pedic--among other home furnishing stocks;' Amobi says.
The weakening economy left skid marks on the stock of Group 1 Automotive Inc., which fell 40.9%. The auto retailer seemed like a good bet because it sells a mix of domestic and import vehicles. But economic anxiety and rising gasoline prices swamped the entire industry.
Despite its flat stock price, Disney was Amobi's best pick. The diversified business, powered by everything from its theme parks to its High School Musical movie franchise, managed to navigate the slippery economy and the three-month Writers Guild of America strike. Share repurchases buoyed the stock as well.
Amobi still likes all three investments. Disney; with its strong fundamentals and leadership, could touch $45 within the next 12 months. Group 1 could reach $35, and Tempur-Pedic may hit $20 within a year, Amobi says. Group I and Tempur-Pedic, he reasons, are bargains at their depressed prices.
Radio Finally Beats the Internet at Something [View article]
"Nonetheless, kudos to the declining radio industry for this win. I continue to be a big fan of radio and listen to it in both my car and at home and often find the ads helpful"
Yes and I listen to the radio when I chop celery in the shower and use the bathroom and wipe my butt with the toliet paper. In fact the two ply I am using I just bought from the advertising as was listenting to on my hand held am dino sinclair radio
what?
two for Tuesday to you chum- we will be back after the next 10 messages from your host now scram...and go get a real job!
Shorts Bet Against SIRI, But For Emmis and Entercom [View article]
Lets hope he knows more about life then mattresses
looks like Tuna needs to get himself- a porcelain fountain
----------------------...
Where's the magic? Anxious consumers pull the rug out from under Tuna Amobi's stock picks
TWO OF TUNA AMOBI'S STOCK PICKS--A COMPANY that sells mattresses and another that sells cars--were big disappointments. Even The Walt Disney Co. didn't have enough magic to rescue the investments chosen by the New York City-based director of Standard & Poor's consumer discretionary equity research.
Amobi's three stocks--all companies that sell things that consumers can go without during hard times--lost a combined 34.5%, while the S&P 500 index fell 10.6% over the year.
[ILLUSTRATION OMITTED]
Tempur-Pedic International Inc., a maker of high-end mattresses and pillows, nosedived by almost 62% as the housing crisis sapped demand. "What we didn't anticipate was the acuteness of the crisis in the housing sector, 1 which eventually took a major toll on Tempur-Pedic--among other home furnishing stocks;' Amobi says.
The weakening economy left skid marks on the stock of Group 1 Automotive Inc., which fell 40.9%. The auto retailer seemed like a good bet because it sells a mix of domestic and import vehicles. But economic anxiety and rising gasoline prices swamped the entire industry.
Despite its flat stock price, Disney was Amobi's best pick. The diversified business, powered by everything from its theme parks to its High School Musical movie franchise, managed to navigate the slippery economy and the three-month Writers Guild of America strike. Share repurchases buoyed the stock as well.
Amobi still likes all three investments. Disney; with its strong fundamentals and leadership, could touch $45 within the next 12 months. Group 1 could reach $35, and Tempur-Pedic may hit $20 within a year, Amobi says. Group I and Tempur-Pedic, he reasons, are bargains at their depressed prices.
Radio Finally Beats the Internet at Something [View article]
Yes and I listen to the radio when I chop celery in the shower and use the bathroom and wipe my butt with the toliet paper. In fact the two ply I am using I just bought from the advertising as was listenting to on my hand held am dino sinclair radio
what?
two for Tuesday to you chum- we will be back after the next 10 messages from your host now scram...and go get a real job!
dont forget-wash your hands!