August 05, 2009 –
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RELATED TICKERS: CL
, UN
, K
According to the data coming out of the program thus far the average trade-in results in a 9.6mpg improvement in mileage. The average driver drives 12,000 miles/yr. That equates to about 750 gallons/yr consumed by their clunker versus 500 gallons/yr for the new car. Add that up for the estimated 750,000 cars that will be traded in under the program and you come up with about 190M gallons/yr reduction in gas consumed. At current prices those drivers will save about $450M/yr on gas. [more]
July 14, 2009 –
Did all of these smart players jump the gun when they closed their pick of MNLU.OB today for a big gain or did the handy Limit Order do it for them? [more]
July 03, 2009 –
The fund will be managed by three people - Bill Mann, William Barker, and Donald Krueger. Here is a Motley Fool article from William Barker where he explains expense ratios. In the article he mentions that typical management fees are 0.5%-1.0%. The fee for TMF's new fund is .95% (on the high end) and it goes even higher if the fund does well. Even if it does lousy that fee only drops to .75%. [more]
June 16, 2009 –
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RELATED TICKERS: CNU
About 18 months ago Floridabuilder wrote a blog titled, "...Caps Doesn't Work For Penny Stocks". In that blog he basically made three separate claims: [more]
June 13, 2009 –
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RELATED TICKERS: ABAT
Okay. So the community has voted and a stock sits brandished with a mere 1-star. What happens when it turns out that the stock wasn't a bad investment? What happens when new information comes in and people start voting the other way? Well, it can be an arduous task to climb out of that 1-star hole and it can be a long time before the star rating reflects the new attitude towards the stock. [more]
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