Archive for September, 2010

Andy Zaky submits:
The QQQQ violated its one-month lower trend line today (Thursday, September 30, 2010 at 8:00 a.m. PST) suggesting that it may be on the verge of another correction. For the past 18-months, a violation of the lower trend line has led to at least a correction in the vast  [ Read More ]

Ivan Mutaftchiev submits:
Microvision (MVIS) issued 6,277,275 new shares of its common stock to Azimuth for an aggregate purchase price of $12,500,000. Microvision received proceeds from the sale of these shares of approximately $12,375,000   [ Read More ]

Trade War Tuesday: China, Japan and U.S. at Odds

Posted by admin On September 28, 2010 ADD COMMENTS

Phil Davis submits:

War does not determine who is right, only who is left. – Bertrand Russell
Just when you thought it was safe to go back in the water, Japan and China are at it again. We discussed the "fishing" incident last week and Japan has released the Chinese captain who  [ Read More ]

FactSet Research Systems: Is Wall Street Correct?

Posted by admin On September 28, 2010 ADD COMMENTS

FactSet Research Systems (FDS) is a provider of global economic and financial data to investment management and investment banking professionals. Its applications are an integral part of the workflow of subscribing financial professionals. FDS recently declared financial results for FY 2010 modestly beating analyst expectations, capitalizing on improved spending on investment tools.
Wall Street is bullish  [ Read More ]

Geoffrey Rocca submits:
As I mentioned in one of my other articles, I have taken the view of James Montier that an astronomically high price/sales ratio is a reliable indicator of overpriced stocks, because at a certain point there is no capital structure or profit margin that will justify the current price. Furthermore,  [ Read More ]