US Stocks and Markets

 

Government Motors: Obama’s latest mistake

April 14, 2009

News of a quick and tactical bankruptcy made sense. But now that Uncle Sam wants an ownership stake in General Motors (NYSE:GM), I cannot help but think we have turned down a dangerous path. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): It has been a while since I ranted about the situation in Detroit. For the most [...]

2 Small Cap Winners

April 9, 2009

by Laura Cadden, TodaysFinancialNews.com Shares in GM cost less than a gallon of gasoline. A share of MGM Mirage costs half of a movie ticket at the multiplex. And you may have enough change in your car’s ashtray to buy two or three shares of Citibank. With Donald Trump blue chips now available at Donald Duck prices, why would [...]

The REAL reason for General Motors (GM) stock drop today

April 7, 2009

Was the reason behind GM’s drop today really revived talk of a bankruptcy filing? Or was it a ridiculous new car concept? by J. Christoph Amberger Baltimore—TFN: Shares of General Motors (NYSE:GM) plummeted over 13% today. Newswires quoted a source that implied “the automaker was in ‘intense’ and ‘earnest’ preparations for a possible bankruptcy filing.” You could’ve knocked [...]

Won’t somebody please light a match

April 6, 2009

The markets stink. Unfortunately, rolling down the windows and letting them air out won’t help us get out of this situation. Only time will do the job. Until then, there are plenty of moves to make. By Andrew Snyder, TodaysFinancialNews.com Baltimore — (TFN): Sometimes an old dog’s flatulence is the perfect metaphor for a world gone [...]

Investing in Sirius XM Satellite

April 2, 2009

Analyzing the profit potential of a highly volatile penny stock. by Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): It is one of the most closely watched stocks. It shares are traded some sixty million times each day. It is a favorite of speculative investors, some of whom have racked up gains of gains of 300% or more over the [...]

Take 20% gains on Argon ST (STST)

April 2, 2009

As we anticipated, Virginia-based defense contractor Argon ST, Inc. has the equipment today’s military is looking for. by Laura Cadden, TodaysFinancialNews.com Baltimore - (TFN): When we first recommended Argon ST, Inc. (NASDAQ:STST) back in December, we believed the company’s surveillance and reconnaissance systems would be in demand as the new administration seeks to lower troop levels and [...]

Harley’s Broken Image: Viagra and wannabes

April 2, 2009

Harley Davidson (NYSE:HOG) is working on reviving its brand image, but the market is not buying it. Riders have their own thoughts on the company. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): For so many American businesses, it is all about the image. A brand can either make or break a company. Create a positive picture in [...]

Apollo Group: Not so hot for teacher

April 1, 2009

The markets were expecting too much and investors paid the price. The news from Apollo (NASDAQ:APOL) is good, yet its shareholders are taking a beating. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): Is it a sign of things to come? As unemployment levels surged, the belief that many of the newly jobless would return to school [...]

Will the second quarter treat us as well?

March 31, 2009

The first quarter is over. Now we will get a true sense of the nation’s health. If the nation’s largest companies cannot pass this physical — starting with Alcoa (NYSE:AA) next week — we are in for a wild ride. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): It’s over. As of the close of business, the [...]

Is no news good news at Dyax Corp. (DYAX)?

March 26, 2009

There’s been no news at all on Dyax Corp’s (NASDAQ:DYAX) approval of DX-88 through the FDA. What to do now? ***Breaking news: Expect a Dyax press release later today! by J. Christoph Amberger Baltimore—TFN: Tuesday afternoon, I posted an article called “Dyax Corp. (DYAX) could soar on FDA approval for DX-88 HAE drug” at our TFN news portal. [...]

Earnings report: Is Best Buy a good buy?

March 26, 2009

Best Buy (NYSE:BBY) is soaring today on news that the future looks bright. With Circuit City out of the way, can the company continue its neck-breaking growth? By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): It is amazing what the defeat of a long-time competitor can do to a company’s outlook. Just ask Best Buy (NYSE:BBY). Shares of the [...]

Note to America: Keep on truckin’

March 25, 2009

While there are plenty of doubts surrounding the nation’s economy, the industry’s that were left alone to succeed or fail are on the rebound. The trucking industry is showing plenty of profit potential. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): No matter how much we fight against it, the natural forces of the economy will always [...]

Dyax Corp. (DYAX) could soar on FDA approval for DX-88 HAE drug

March 24, 2009

Dyax Corp. (NASDAQ:DYAX) is looking for FDA approval on Wednesday. by J. Christoph Amberger Baltimore—TFN: In early February, the U.S. Food and Drug Administration’s (FDA) Pulmonary-Allergy Advisory Committee voted in favor of approving the drug DX-88 for the treatment of acute attacks of hereditary angioedema (HAE). The majority was razor-thin: There were 6 yes votes, 5 no [...]

Insiders buying big time at Stewart Enterprises (STEI)

March 24, 2009

More shares have been purchased by Stewart Enterprises Insiders in the past week than in the past 2 years. The question is… why? Read more

Pier One Imports (PIR) soars… but can it last?

March 23, 2009

Pier 1 Imports, Inc. (PIR) went into the stratosphere today. What’s behind the rise… and can it last? by J. Christoph Amberger Baltimore—TFN: The share price of Pier 1 Imports, Inc. (NYSE:PIR) soared over 190% today. A year ago, at $8.25, that would’ve been some money in real terms. Today, it meant a rise from 16 cents on Friday to 47 [...]

These 3 biotechs could bring you gains of 422% in just 6 months

March 23, 2009

The next generation in revolutionary biotechs has arrived. (And they may be the only way to make money in this market!) Each one of these 3 breakout stocks could realistically bring you gains of 128%, 185%, or even 422% in the next 6 months! Jan. 23, 2009 was a historic date in [...]

General Growth down to its last magic trick

March 23, 2009

The markets are soaring today on hopes of resolving the toxic asset conundrum. But it may be too late for General Growth Properties (NYSE:GGP). Unless it gets bondholder consent, bankruptcy could be just around the corner. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): There are countless investors not sleeping well at night these days, but few [...]

Sirius XM: The madness cannot continue

March 20, 2009

Sirius XM Radio (NASDAQ:SIRI) investors are patting themselves on the back and thinking they have found a pot of gold. They had better think again. The company remains in a dire situation and speculators stand to lose a large portion of their investment. By Andrew Snyder, TodaysFinancialnews.com Baltimore – (TFN): The insanity continues. Sirius XM Radio [...]

AIG Bonuses: “The Putinization of the American economy”

March 19, 2009

What exactly was the point of the well-directed public outrage about AIG bonuses… considering Congress, Treasury and White House were complicit in their approval? We received the answer today as Congress rushed through a punitive taxation bill… by J. Christoph Amberger Baltimore—TFN: Democratic leaders rushed a bill to the Congress floor that would retroacively levy a 90% [...]

PokerTek (PTEK) fireworks may be short-lived

March 19, 2009

Shares in Las Vegas Sands (LVS), MGM MIRAGE (MGM), Riviera Holdings Corp. (RIV) have crashed and burned. So why is Pokertek (PTEK) soaring? by J. Christoph Amberger Baltimore—TFN: Shares of PokerTek, Inc. (NASDAQ:PTEK) rose almost 90% today. The company had issued a press release that it was “pleased to announce the installation of ten PokerPro tables at Indiana Live! Casino in Shelbyville, near [...]