Author Archive

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...

August 24, 2010 | In: Uncategorized

Unbelievable Bargains

Due to the major selloffs because of the fear of a double dip, there are so many bargain stocks at the moment, including, but not limited to: AAPL: Apple's Stock is currently trading at $239. Support is at $235. This stock is now trading dirt cheap, a...

August 23, 2010 | In: Energy

BP Is Looking Delicious at $36

BP is one of my favorite stocks, and I always made money with it. It is currently trading at around $36, which is just $1 over the $35 mark, which is a major support level that causes the stock to spike when touched. I would (of course, if I had the...

PAR went up almost 100% on Monday August 16th, and will go up another 40% today after 2 bids to buy the company from DELL and HP, respectively. Hmmm... A quick check on 3PAR: - They've lost money in the last quarter for their investors yet they went...

While I always thought the most annoying song in the world was this one, it becomes even worse when I hear it every 15 minutes in a GM advertisement, who are generous and kind enough to give "employee prices" to the Canadian public that bailed out their...

August 23, 2010 | In: Financial, Opinion

Is AIG Becoming A Buy?

I first looked at AIG back in May, the stock around $34 then. I asked a friend who recommended avoiding this stock. But lately (with the exception of the last couple of weeks), the stock has been performing very well, as there were always good news...