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April 2010



HPQ Rescues palms were sweating on this one!!!

April 28, 2010 – Comments (4) | RELATED TICKERS: HPQ , PALM.DL2

On April 11th I blogged about the chances of PALM getting bought out.  Actually, I thought any move would be brief and that various buyers were in final stages of bidding. As time passed, I added to my blog commends and pitch on PALM that I was hopeful for a $6 to $7 buyout price of PALM with the bidders most interested in PALM's OS and Brand recognition.  I believe the straight jacket can come off and I can work on the macaroni deco art that I owe UltraLong for other digressions!  [more]



Goldman Sachs: A story for "Opportunists", "Vindictives" and "Realists"...

April 16, 2010 – Comments (8) | RELATED TICKERS: GS

Goldman Sachs VS the SEC.  [more]



Media is HOT.....Media is NOT......Hot!, Crap-o-meter!, Hot! My Dad's tougher than your dad!

April 15, 2010 – Comments (17) | RELATED TICKERS: NXST , CMLS , GTN

Okay Children, you know who I'm talking about.  [more]



MNLU.OB, some diary entries I found in the woods while hiking near there....

April 13, 2010 – Comments (0) | RELATED TICKERS: GA.DL , TO.DL , R

I see some really good PITCHES on the MNLU.OB (Mainland Resouces) forum explaining why it's a downthumb.  [more]



Ambac is a great lesson in Short Pressure and Day Trading....

April 13, 2010 – Comments (6) | RELATED TICKERS: ABKFQ.DL

With better than a 20% short float, I anticipated Ambac would have a day plus of rapid rise as those short decided when/if to cover.  I miss guessed on how long that would take and I'm reflecting why.....  [more]



To PALM or not to PALM, prepare the straight jackets......

April 11, 2010 – Comments (6) | RELATED TICKERS: PALM.DL2

It's been no secret that Palm has been on my short list of potential Bankruptcy candidates for over a year. Fan club loyalty will not save a company that is a one trick pony and always a generation behind.  The ride up from a $1.50 to $18 caught me off guard, but the drop back down to $4 did not, but I didn't try to invest in it. The fan club is just too intimidating for me, but not for the 45% short interest PALM held on the way down.  [more]



To China or not to China....that is the question....

April 09, 2010 – Comments (6) | RELATED TICKERS: YONG.DL , TSTC , PALM.DL2

I see a lot of China blogs lately.  They seem to have very STRONG opinions and I'm not up for debate. I had a good week, and DragonLZ sent me some more koolaid.  I'm hiding from UltraLong as he probably saw that I upthumbed PALM and then slipped to DragonLZ that I also put in a handful of RL calls, well, okay two handfuls.  I sold half my Hasbro Calls and I'm looking for some trouble.  [more]



Recession over, employers hiring, Any Bankruptcy candidates left???

April 06, 2010 – Comments (11) | RELATED TICKERS: ZLC.DL , BGPIQ.DL , MPG.DL2

I'm not so sure that the world is all rosy.  The farms near me don't smell terribly rosy after all the rain we've been having.  I still know plenty of unemployed neighbors and the foreclosure market is rolling along, (although it's also spawning some jobs.....maintaining the empty houses).  All in all though, things are better in the markets and credit seems to be loser. Those companies in financial trouble are able to spin off some assets when needed, roll out more stock, reconfigure debt, and some even are getting new orders and ramping back up.   Are there any bankruptcy candidates lurking out there that are still pickable in CAPS??? ($100 Million Market Cap and $1.50 Share price)??  [more]

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