Archive for August, 2010

August 27, 2010 | In: Technology

Revisting RIMM

I have already expressed my worries about RIMM earlier this month, but at this point where the stock is trading at $46.50 (a 17 months low), I feel that the market is starting to overly punish Research In Motion for their arrogance. The stock is now...

I was having a lunch today in a nice, cozy place. The food was not great, but it was "adequate". I then proceeded to pay, the bill was for $12.95, I gave them my Visa card, but the guy told me, with a heavy accent, that "they don't accept credit cards". I...

August 26, 2010 | In: Financial

Buy RY!

Royal Bank of Canada missed the estimates for the third quarter and revenue fell to 18% to US $1.21 billion from a year earlier. But there is nothing to be worried about, both BMO, and CIBC missed the estimates as well, and they're all blaming it on the...

2 years ago it was the netbook, which was supposedly going to make the laptop obsolete. Technology experts predicted that maybe netbooks will replace laptops in just a few years, as most people will enjoy the portability and the flexibility of a netbook....

The market has closed up today (OK, slightly up, but better than 100 points down). The DOW closed at 10060 (20 points up), and the S&P closed up by 3.5 points at 1055. Now the market was down the whole day, but something happened at 2:30 PM (by the...

Like almost all other financials, Citigroup's stock is dropping like crazy. But Citigroup has more to worry about than just the economy: The treasury owns 18% of Citigroup shares and does not want them. 18% is just above 5 billion shares, and they're...

August 25, 2010 | In: Financial

Stay Clear from AIB

AIB is the stock symbol of Allied Irish Bank. Ireland credit rating was cut yesterday due to its weak economy, this only can only mean one thing, that the cost of borrowing will be higher. With a higher cost of borrowing, Irish banks will suffer and the...

August 24, 2010 | In: Technology

The Fight for PAR

I have written yesterday about PAR and how it tripled in about 8 days. Apparently the stock will continue its ascent at least for the foreseeable future, as the war between Dell and HP has just started. Both companies want to buy PAR, and they will keep...

August 24, 2010 | In: Technology

Revisiting Mellanox

I have already written about Mellanox and why I think it's very interesting, especially in these days where acquisitions of small technology companies is the trend. I have written that it's a must buy below $15, well the stock touched $14.80 last week...

August 24, 2010 | In: Opinion

The Slump Stopped

Interesting... Existing home sales fell in July to 3.83 million annual rate, a horrible number which is even below the most pessimistic estimate of 3.83. But at the same time the data was made public (10:08), the slump of most of the stocks I'm...

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