Yesterday (May 4, 2010), a day in which the Dow Jones Industrials declined by over 200 points, the shares of Global Investor Services, Inc., (OTCBB:GISV) gained by over 40% and closed at $.05.
Global, in 2009 underwent a significant surgery that it was lucky to survive. The company scrapped its high overhead and low gross profit [...]
Global Investor Services, Inc., (OTCBB:GISV:$.05), a company which is one of ten companies in the Online Financial Sector which I am currently recommending and holding announced that it had signed a Letter of Intent with Questrade, which is Canada’s fastest growing online broker according to Investor Economics. Questrade is the first Canadian broker to allow [...]
Warren Buffet’s Berkshire Hathaway announced that it is acquiring the 77% of Burlington Northern (NYSE:BNI) shares that it currently does not own. The media pundits and Buffet have said that with the acquisition he and Berkshire are making a big bet on the U.S. economy. I disagree.
In making the acquisition I believe that Buffet is [...]
The Dow was down 30 points yesterday. Losers were led by AA, BA, CSCO, MMM and TRV. Each of them were down by 2% or more. The top gainer was MCD, which was also up by about 2%.
Comment: I believe that the market’s failure to mount a significant rally after the better than expected employment [...]
Forty years ago today I watched the first man walk on the moon. My view was from a television set in my family’s living room in Grand Island, a small rural town located in central Nebraska. The event for me was a monumental one. However, it was not because of the Apollo moon landing. It [...]
Dow was up 256 points yesterday on INTC news. 29/30 stocks were up with only the shares of McDonalds (MCD) going down. Gainers led by AXP (11%), INTC 7%, CSCO, AA, CAT, DD and GE all up more than 5%.
Homeowners’ equity as a percent of household real estate reached a record low.
The 25 year bull market which began in 1982 and ended in 2007 greatly distorted the premiums that investors should be putting on those companies that have a high percentage of ownership by the insiders and the management of a public company. The theory is that the management of those companies are generally much more [...]
Out of the 216 industries and sectors there is only one sector, which is growing. It’s the Online Financial Sector and the three industries, which reside in it including Online Brokerage, Online Financial Information and Online Investor Education. It’s the only sector that directly benefits from global financial crisis. Why? To say that over 100 [...]
By: John Rosenthal
April 13, 2009
THE GIANT
Sears Holdings Corp.
The retail business has been under siege for months, but the problems at Sears predate the downturn.
In 2002, the Hoffman Estates-based retail giant reported significant problems collecting payments from its credit card users, contributing to a stock drop of more than 50%. The share price ultimately recovered, reaching [...]
Eurozone inflation only up .6% Japanese business confidence tumbled to a record low in March. Sentiment fell at the fastest pace on record. Japan in worst recession since WWII.
27 straight months of job losses, 742K lost in March,
April 1, 1970, anniversary American Motors Gremlin
NY based conference board consumer confidence rose to 26 vs 25.3 for February [...]
Written by Michael Markowski on
May 5, 2010 – 9:26 am
