As Daniel Rice checks out of BlackRock (BLK) amid potential improprieties, now comes news that permabull Bob Doll - retiring from his active post at month's end - may have based his fund models on others' work rather than the proprietary models the firm claimed. Upshot: Investors may not have gotten the all-Doll strategy they banked on but a mix of off-the-shelf models. [View news story]
I'm guilty of watching Bloomberg while getting ready for work but, who in the world watches CNBC????
Former Fed Governor Robert Heller says the Fed's monetary easing policy has run it course, and it's time to focus on fiscal policy. "The Fed has done what it can do," Heller says. Besides, the real problem with the economy isn't a lack of liquidity in the marketplace, but the poor credit quality of individuals and some companies. There just aren't enough credit worthy borrowers around, and the tight regulatory environment is just making a bad situation worse. [View news story]
Mont: most of us have learned to ignore "Terry." I just wonder if it's a boy or a girl? Of the troll variety no doubt. Cheers.
Liquidmetal Technologies (LQMT.OB) and Apple (AAPL) have agreed to extend a technology licensing agreement between the companies to Feb. 5, 2014. The original agreement, signed in 2010 and good through Feb. 2012, gave Apple exclusive rights to the use of a Liquidmetal alloy within consumer electronics gear. In May, SA's Jeff Newman discussed the potential benefits Liquidmetal's technology could provide for Apple products. [View news story]
Liquidmetal Technologies (LQMT.OB) and Apple (AAPL) have agreed to extend a technology licensing agreement between the companies to Feb. 5, 2014. The original agreement, signed in 2010 and good through Feb. 2012, gave Apple exclusive rights to the use of a Liquidmetal alloy within consumer electronics gear. In May, SA's Jeff Newman discussed the potential benefits Liquidmetal's technology could provide for Apple products. [View news story]
Hm? What to make of this amendment through 2014????
Despite slight indications of Facebook (FB) bottoming out, Wallstcheatsheet.com's Damien Hoffman says to keep selling. Why? Three reasons. First, the company's strategy appears desperate. Second, FB's valuation is absurdly risky. Buying at these levels is a high risk, low reward proposition. The third and final reason, competition is heating up in the social network space, and niche networks are likely the next wave of the future that will overtake the company's one-size-fits-all format. [View news story]
Depending on the action, I may be tempted to buy some shares after the employee dump. I'm by no means a fan of FB per se however, I think it will play out a lot different than people think. Good or Bad.
Despite slight indications of Facebook (FB) bottoming out, Wallstcheatsheet.com's Damien Hoffman says to keep selling. Why? Three reasons. First, the company's strategy appears desperate. Second, FB's valuation is absurdly risky. Buying at these levels is a high risk, low reward proposition. The third and final reason, competition is heating up in the social network space, and niche networks are likely the next wave of the future that will overtake the company's one-size-fits-all format. [View news story]
That's exactly what I was wondering???? Have they "declared" a strategy????
Why Bank Of America Shares Are At High Risk [View article]
As Daniel Rice checks out of BlackRock (BLK) amid potential improprieties, now comes news that permabull Bob Doll - retiring from his active post at month's end - may have based his fund models on others' work rather than the proprietary models the firm claimed. Upshot: Investors may not have gotten the all-Doll strategy they banked on but a mix of off-the-shelf models. [View news story]
Coke Steps Up For A Fight, And SodaStream's Not Backing Down [View article]
Former Fed Governor Robert Heller says the Fed's monetary easing policy has run it course, and it's time to focus on fiscal policy. "The Fed has done what it can do," Heller says. Besides, the real problem with the economy isn't a lack of liquidity in the marketplace, but the poor credit quality of individuals and some companies. There just aren't enough credit worthy borrowers around, and the tight regulatory environment is just making a bad situation worse. [View news story]
Liquidmetal Technologies (LQMT.OB) and Apple (AAPL) have agreed to extend a technology licensing agreement between the companies to Feb. 5, 2014. The original agreement, signed in 2010 and good through Feb. 2012, gave Apple exclusive rights to the use of a Liquidmetal alloy within consumer electronics gear. In May, SA's Jeff Newman discussed the potential benefits Liquidmetal's technology could provide for Apple products. [View news story]
Liquidmetal Technologies (LQMT.OB) and Apple (AAPL) have agreed to extend a technology licensing agreement between the companies to Feb. 5, 2014. The original agreement, signed in 2010 and good through Feb. 2012, gave Apple exclusive rights to the use of a Liquidmetal alloy within consumer electronics gear. In May, SA's Jeff Newman discussed the potential benefits Liquidmetal's technology could provide for Apple products. [View news story]
Exxon: Buy Now For Good Long-Term Profits [View article]
Jun. Reuters/UofM Consumer Sentiment: 74.1 vs. 77.5 expected and 79.3 prior. [View news story]
Despite slight indications of Facebook (FB) bottoming out, Wallstcheatsheet.com's Damien Hoffman says to keep selling. Why? Three reasons. First, the company's strategy appears desperate. Second, FB's valuation is absurdly risky. Buying at these levels is a high risk, low reward proposition. The third and final reason, competition is heating up in the social network space, and niche networks are likely the next wave of the future that will overtake the company's one-size-fits-all format. [View news story]
Despite slight indications of Facebook (FB) bottoming out, Wallstcheatsheet.com's Damien Hoffman says to keep selling. Why? Three reasons. First, the company's strategy appears desperate. Second, FB's valuation is absurdly risky. Buying at these levels is a high risk, low reward proposition. The third and final reason, competition is heating up in the social network space, and niche networks are likely the next wave of the future that will overtake the company's one-size-fits-all format. [View news story]
IBM: Worst Case Scenarios For A Market Decline [View article]
It's Time To Adopt A Non-Intuitive, Irreverent View Of The Market [View article]
Shockingly Poor U.S. Employment Data [View article]
Your Koolaid man reference cracked me up!
May Nonfarm Payrolls: +69K vs. consensus of +150K, prior 79K (revised). Unemployment 8.2% vs 8.1% expected, 8.1% previous. [View news story]
Initial Jobless Claims: 383K vs. 370K consensus (prior week revised to 373K from 370K). Continuing claims -36K to 3.24M. [View news story]