this year because if Libya can send the equity market down 3 straight days of nearly -400 point losses then imagine what would happen when Protests in Arabia show up on American TV's. [more]
HOD was $66.51. Nice big swing to daytrade. What is amazing though is that Bakken Oil stocks that are trading at forward PE's 2x higher than WLL are rallying on Cramers comments. While WLL is getting crushed since HOD and is getting even cheaper as I write.
Institutions may go on a last hour buying spree today after a 3 day bear attack with oil now falling well below $100/ barrel.
Expect it to continue into the Spring before settling down hopefully. [more]
Stop looking here: Do your own DD
But you wouldn't know it by looking at today's prices for fertlizer stocks. [more]
CLW was my best pick in the Pulp sector, it started out its run at $10/shr just like MERC is now doing with its dramatically increased EPS estimates of 100% or more. 30 days ago MERC had forward eps estimates of only .97 eps, today they are more than double that at $2.25 eps. This is exactly what happened in the turnaround at CLW and it never looked back.
Easy Double if not more in 2011.
My Target $27.50 [more]
from the Philly Fed today for this time of the year:
February Philadelphia Fed 35.9 vs 21.0 consensus; January 19.3
The growth of 4G LTE is put at almost 100% by 2014 by iSuppli with a target of $413 Billion in spending for 4G LTE & related tech spending.
What we had from 2009 - 2010 was just a snap back from Oversold conditions in a Bear market. Similiar to 2001-2002 snap back, the Bull Market back then started in 2003 and ended in Oct. 2007, a 4 year run. [more]
No end in sight for bond sellers moving into stocks. [more]
The stock has gone from 2 pennies to over $2.50/shr intraday.
Disclosure Note: I was not in the stock nor do I plan to buy any shares.
NVMI - I am expecting a major Guidance increase with this recent statement [more]
for companies helping to make the 2 items possible for Apple are: CRUS, TTMI & NVMI
stock was down -$4/shr but today BMO Capital defends CPX and maintains $38 target. [more]
should be worth alot more than the $43+ its trading today after an almost -10/shr fall yesterday even though it beat estimates by 3 cents. Prior to yesterday people had no problem paying over $50/shr for TZOO.
Question is if GOOG thinks Groupon is worth $5-$6B then how much would it value TZOO if it became a target of GOOGLE?