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June 2012




June 14, 2012 – Comments (23) | RELATED TICKERS: ATPAQ.DL

Once a "darling" stock, now a dog of a stock, it is hard to make a bullish argument for this company.  They got hurt hard with the BP oil spill.  They have missed projections on a continual basis.  They seem to make gaffe after gaffe, the latest with the recent CEO hiring/nonhiring issue.  But with all that said you are looking at a once 20ish dollar stock now selling for 4 bucks.  So at this point your downside risk is $4.  And that is if the company goes BK.  The upside is who knows.  [more]



Advice to President Obama

June 07, 2012 – Comments (24) | RELATED TICKERS: T , P

I happened to catch Larry Kudlow's interview of Speaker of the House Boehner tonight.  Larry asked in effect why no compromising to which Boehner responded he prefers to find common ground. Now there's the kicker.  If President Obama sent proposed legislation seeking to ONLY extend the Bush tax cuts for those households earning under $200,000 would the Republicans support that?  Afterall since they say they oppose raising taxes the proposal  would be common ground.  [more]

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