tiger8896

Highlights of the SEC Complaint Against Stanford

Just saw this guy at a golf tournament he sponsors. He was introduced as Sir Allan Stanford, thought it was pretty funny that a guy with a Texas drawl would be knighted by the Queen. Can't trust knights, ex-chairs of the Nasdaq, what is the world coming to.

Freeport McMoRan: Short for a Trade?

Good call on the short trade. Might be time to cover here though, just saw on CNBC that FCX was one of 5 companies that came up on a value screen where their dividend yield is now equal to the forward P/E. Also FCX was just rated a buy on valueengine.com, the site uses a proprietary model to find undervalued companies.

Apple Investors: Fasten Your Seatbelts, Put On Helmets

Zach has a point about the validity of Apples weak stock price. Apple's stock price usually rises going into the holiday season beginning in the summer. It so far has broken that pattern this year, not a good sign if you are long the stock. Don't know about shorting at these levels because you have to be prepared for some violent snapback bounces. I would be a better buyer at 146 than a seller.