I was watching NBR Wed night. GM had closed at a buck and a half, up about a dime. The journalist opined “I don’t get it”. Well, neither do I. [more]
Not long ago, a Fool article asked: why are the powers that be trying so hard to save GM? Surely the cure was going to be worse than the cure? The author theorized: bondholders. [more]
Yes, we have all done it: bought stock in a company just because of positive news coverage or what someone has said, without really knowing about the strengths and weaknesses of same, or even what the company does or sells. This is one reason why TMF advice on stocks has always been kinda marginal to me: they always seem to feature a company I have never heard of in an industry I know little about. To emphasize this point, I present 3 cases where I do know about the company. [more]
Just got through adding my 2¢. Surely there are many of you Fools who know more than I, so please help. In the current situation, it is of extreme importance to many.
You have successfully avoided the temptation to dump all of your stocks/bonds, buy Beanie-Babies, and hide under the covers. You have tried (perhaps with little success) to re-position your portfolio to minimize the damage. You have a queasy feeling in the pit of your stomach every time you open the statement from your broker. Maybe your portfolio is feeling a little better the past month or two. [more]
I was admiring my CAPS performance. During the months of March and April, it went from 0 points and 40 percentile way up to 1000 points and 98%. Just about to pat myself on the back for getting such amazing performance, when I got very suspicious. What on earth happened during those 2 months that would justify such amazing performance??? Answer: nothing I can think of. [more]