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  • Don't trust this rally; it's a major bull trap, says currency analyst Christopher Vecchio. Pressures on global financial markets are too intense to support a sustained run in stocks right now. All it will take is just a few gusts of negativity to derail the entire train.   [View news story]
    Sounds like he's caught on the wrong side of the market to me...
    Jun 12, 2012. 08:16 PM | 5 Likes Like |Link to Comment
  • Corinithian Colleges (COCO -14.3%) shoots lower as the company warns a "number of challenges" will keep earnings and revenue below that mark forecast by analysts. A major factor weighing on future enrollment is the loss of federal funding for students who don't have a high school diploma of GED. (Earlier: earnings[View news story]
    yep, all they had to do before is wheel them in, prop them up and encourage them to fog glass.....pretty good gig all right!
    May 3, 2012. 11:45 AM | 1 Like Like |Link to Comment
  • One of the auto industry's most closely guarded secrets - the big cost of batteries for electric cars - has spilled out, as Ford (F) CEO Alan Mulally indicates battery packs for its Focus electric car costs $12K-$15K apiece. Ford is currently promoting its new $39,200 Focus EV, with a 23 kilowatt-hour battery pack.   [View news story]
    as they say, "there's a sucker born every minute".
    Apr 17, 2012. 04:56 PM | Likes Like |Link to Comment
  • Helping Citigroup (C +3.2%) rally today is an upgrade to Hold from long-time critic Meredith Whitney. Whitney praises Citi's improving operating metrics and low valuation, and says she's impressed with the rebound in the bank's equity trading and FICC ops demonstrated by its Q1 report. “She’s starting to sound a little like Dick Bove," quips Pete Najarian. (earlier)   [View news story]
    why anybody listens to this "chick" reminds me of a famous quote from a Salomon trader back in the 80's, "Those who say don't know, those who know don't say"......enough said.
    Apr 17, 2012. 04:14 PM | 2 Likes Like |Link to Comment
  • Baird raises its price targets for coffee brewers due to lower coffee prices, citing increasing earnings visibility, solid demand trends and muted Q1 earnings expectations. It raises Starbux (SBUX +1.5%) to $65 from $58, Peet's Coffee (PEET -0.8%) to $95 from $76, and Caribou (CBOU -2.5%) to $23 from $22.   [View news story]
    I got dizzy just looking at PEET's chart and at 40x times this year's earnings with operating margins hovering around 8% and return on equity of a little over 10% this one seems a might "rich". But heck, why rain on this enthusiastic sell side appraisal!
    Apr 2, 2012. 03:43 PM | Likes Like |Link to Comment
  • Davenport downgrades a few coal stocks this morning, citing a lack of catalysts and headwinds from cuts in production, lowered guidance and rising thermal coal inventories. The firm cuts Alpha Natural Resources (ANR +1.2%), Peabody Energy (BTU -0.2%) and CONSOL Energy (CNX +2.7%) all to Neutral.   [View news story]
    One more sell side analyst asleep at the wheel. Who says these guys don't add value!!
    Mar 23, 2012. 11:19 AM | 2 Likes Like |Link to Comment
  • Global Hunter Securities cuts Baker Hughes (BHI -4.6% to $45.60) to Neutral from Accumulate and slashes its price target to $40 from $60 following the firm's profit warning. Global Hunter is also unhappy about "the lack of visibility as to when international will rebound and how BHI-specific NAM issues will be resolved."   [View news story]
    Boy this guy is on the ball...got to hand to the him, he certainly has the pulse of the NA drilling market. Value added market call for sure at 52 week lows, keep up the good work!!
    Mar 21, 2012. 10:09 AM | Likes Like |Link to Comment
  • Wednesday Options Recap  [View article]
    Seek not to have things happen as you choose them, but rather choose that they should happen as they do; and you shall live prosperously.
    Apr 14, 2010. 05:37 PM | Likes Like |Link to Comment