Oil Service Stocks vs. Big Oil Stocks
By Vitaliy Katsenelson T. Boone Pickens knows oil better than most people out there, definitely better than me. However, his calling into CNBC seemed like a desperate attempt to influence oil prices. I’m not…
All Work
Douglas A. McIntyre
Muhlenkamp releases 4th quarter letter
Posted by David Polonitza Ron Muhlenkamp, founder of Muhlenkamp & Company, recently released his 4th quarter letter. Of note is the lengthy question and answer section included at the end of the document. It…
Pabrai continues to purchase Delta Financial Corporation
Posted by David Polonitza Mohnish Pabrai has recently been a heavy buyer of Delta Financial Corporation, a subprime mortgage lender. Mr. Pabrai’s purchases usually garners my attention due to his fund’s superb track record.…
Cramer Review: Sell Block & Picks
On Thursday night’s MAD MONEY on CNBC, Jim Cramer featured WCI Communities (WCI) and Genentech Inc. (DNA). Hesaid that Icahn and SAC (Steve Cohen’s hedge fund) had been buying WCI Communities.He thinks that while…
Cramer’s “SELL BLOCK” (Jan 18, 2007)
On CNBC’s MAD MONEY tonight, Cramer had another "Sell Block" where he reviewed stocks that should maybe be sold. This is where he follows up on his wins and losses. On Coldwater Creek (CWTR)…
Cramer Backs Genentech
After Cramer sort of touted WCI Communities (WCI) and told you to put it on a watch list, he discussed a stock that is acting like a winner. Cramer noted that Genentech (DNA) was…
Cramer Discusses Icahn in WCI
On tonight’s MAD MONEY show on CNBC, Cramer is discussing a winner, some piggy back plays, and the "Sell Block." The first thing you want to do is follow the leader. He said Carl…
JDSU Pulls A Feather Out of Its Hat
JDSU (JDSU-NASDAQ) is perhaps one of the largest thorns out there are far as tech blow-ups that survived the tech bubble in 2000. The company just announced that it expects revenue for its fiscal…
E*TRADE Marches Past Estimates; Shareholders March Away
E*Trade (ETFC) posted record fourth-quarter Net Income of $177 million, or $0.40 per share; Estimate was $0.39; it posted a record fourth-quarter Total Net Revenue of $629 million; Estimate was just under $627 million. …
What’s in Capital One’s Wallet?
Capital One (COF) reported EPS $1.14 versus consensus estimate of $1.24 EPS. It sees 2007 EPS $7.40 to $7.80, under consensus estimates of $8.10, but the number includes $430 Million of costs and charges.…
IBM Beats Expectations, Initial Reaction Led By Sellers
IBM (IBM) posted earnings of $2.26 EPS on revenues of $26.3 Billion, above both estimates of $2.19 EPS and $25.65 Billion revenues. Revenues from the Software segment were $5.6 billion, an increase of 14…
Tyco, The Break-Up Is Almost Certain……Finally
Tyco International (TYC) is finally seeing itself being split into three groups. This isn’t new, because we have already received a formal intent from the company and the street has been preparing for this…
FCC Lightens Its Stance on a XM & Sirius Potential Merger
Just yesterday there were comments out of Kevin Martin, Chairman of the FCC, panning the would-be could-be speculated and pondered potential merger between XM Satellite Radio (XMSR) and Sirius (SIRI). His comments were taken…
Cramer Down on PPG & Down on Tech
On Today’s STOP TRADING segment on CNBC: Cramer asked if the economy is so strong why do industrials post so-so numbers? Cramer said PPG Industries (PPG) could fall to $60.00, currently at $66.00+. If…
Entrenched Corporate Leader: Sumner Redstone
Sumner Redstone, Chairman Viacom (VIA), and throw in CBS (CBS) How do you rank Sumner Redstone? The split of CBS (CBS) and Viacom (VIA) is perceived so far as unsuccessful. Sumner did get rid…
UnitedHealth Looking Better Internally
UnitedHealth (UNH) is an easy company to hate, after all they are the largest public health insurer. Their ex-CEO William McGuire took a ridiculous $1.6 Billion in exercisable options at the end of 2005,…
BAIT SHOP Update on Western Digital (WDC)
24/7 Wall St. has a BAIT SHOP report of potential buyout candidates, and this morning we sent out an email update to our free email subscriber list regarding Western Digital (WDC). Current market action…
Is Amazon’s Luck Running Out?
Surveys of online e-commerce have started to come in. Sales appear to have been up about 25% for the holiday season, but their were areas of weakness including PCs, books, and music. Luxury goods…
Two Quarter Could Make Or Break Newspapers
McClatchy (MNI), the newspaper chain famous for breaking up Knight-Ridder, was downgraded today. Prudential cut it to "underweight" with a price target of $37. The stock closed at $41.14 yesterday. Newspaper stocks may have…
Investors Betting Hard Against Fidel Castro’s Health
When you see diversified investment plays that are regional special situation investments going parabolic, you have to wonder how high it can go and how long it can last. Herzfeld Caribbean Basin Fund Inc.…