Trump: I Have Taken Advantage of the Banks Probably More Than Any Human Being on Earth

Apr 21, 2016
J. Webster
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Former reality TV star Donald Trump talking Wall Street banks on the Today Show this morning. This line is pretty funny from Mr. Trump: "I Have Taken Advantage of the Banks Probably More Than Any Human Being on Earth". There's nobody on EARTH who's taken advantage of the banks more than Trump! Could Trump talk about which banks he took advantage of specifically....? Was it Bank of America or Citi Bank or maybe JP Morgan or Wells Fargo....? You'd also have to say that Warren Buffett "took advantage" of a few big banks during the financial crisis when

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Marijuana Stock Rises on 4/20 “Holiday”

Apr 20, 2016
J. Webster
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GW Pharmaceuticals up nearly 5% because its 4/20....? Well, it seems so, there's really no other news about the company, which makes cannabinoid medicines to treat childhood epilepsies, to explain why the stock is higher today on the weed smokers "holiday". What's funny though is that GW Pharmaceuticals has nothing really to do with smoking weed, its medicine is centered around the cannabinoid parts of the marijuana plant, not the THC, which is the part of the plant that gives you that high feeling. So I'm told.

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Anthony Scaramucci Says Bernie Sanders Should Move to Cuba

Apr 20, 2016
J. Webster
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Wall Street's Anthony Scaramucci says Bernie Sanders should just move to Cuba. Well, Cuba is just opening up now, perhaps it would be a good time to move to Cuba and start a business. Maybe a hotel chain...I bet a lot of Bernie's supporters would come to Cuba and stay in it. Feel the burn on the beach in Cuba....
I asked Anthony Scaramucci, founder of the hedge fund Skybridge Capital, what he’d say to Bernie Sanders if given the opportunity. “I’d say, ‘please move to Cuba,’” Scaramucci tells me in the video above. “Spend a year in Cuba. You can

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Elon Musk Says NOT Wise to Short Tesla’s Stock

Apr 6, 2016
J. Webster
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Elon Musk said it's probably not wise to short Tesla's stock. After giving out high fives to those waiting in line to order the new Tesla model 3, obviously joyous with all the potential sales coming in (325,000 so far), you can understand why he's suggesting you don't short the stock. With Musk, you also don't know what he's going to come up with next, it's like betting against Iron Man. Yeah, don't short Tesla's stock.

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Tesla CEO Elon Musk High-Fiving Those Waiting in Line

Apr 3, 2016
J. Webster
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Elon Musk is a very happy many. So happy that he was giving out high fives to those waiting in line to place an order for the Tesla Model 3 release at the Century City mall. Does Tim Cook give out high fives to those waiting in line to buy an iPhone? Does Mark Zuckerberg give high fives to those who've just joined Facebook (yes, there are sill some who aren't on Facebook)? Does Google CEO Sundar Pichai give high fives to those who click on an Adwords ad and buy something? Does Microsoft CEO Satya Nadella give out high fives

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Donald Trump Likes the New Smaller iPhone

Mar 25, 2016
J. Webster
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The iPhone SE is a new smartphone from Apple that's perfect for people who have smaller hands. Say, for someone like Donald Trump. Too bad Trump said he'd boycott Apple until they let the FBI break into the iPhone. Does anyone know what kind of iPhone Trump is using to tweet out all of his tweets? Will Trump end his boycott of Apple products to get the new smaller iPhone that he'd be more comfortable using since his hands are smaller than most people's?

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Marc Andreessen Tweeting Again Means Twitter’s a Buy

Mar 23, 2016
J. Webster
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There are all sorts of analyst upgrades and downgrades terms. Overweight. Underweight. Market perform. Neutral. Equal weight. Who the hell knows what those classifications mean if they really mean anything at all. As we've seen, analysts love to arrive late to the party. Downgrading stocks like Valeant when they've been cut in half or worse. Or they stop covering a stock once it's collapsed. Where were they before the company deteriorated? So a more telling upgrade for a stock is when someone takes a self imposed sabbatical and comes back to the platform. Yes, Marc Andreessen has started tweeting again. The

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Who’s Buying FireEye This Week

Mar 22, 2016
J. Webster
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For certain companies that are under pressure, whose stocks have been beating down, there's always chatter about so and so stepping in and buying the company. These days there's a lot of chatter about someone buying FireEye. Just a few years ago FireEye traded for close to $85 a share, today it's near $19. The company provides "real-time threat protection to enterprises and governments against the cyber-attacks", so you'd think these days it would be ripe for a buy out, but so far all that is is chatter.

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UBS Drops Coverage of Valeant Pharmaceuticals

Mar 19, 2016
J. Webster
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It seems to happen more often these days, analysts downgrading stocks once the stocks have already been chopped down to half their price or more. Where were these expert analysts when Valeant Pharmaceuticals was trading for $263 a share, not where it's trading now, under $27? Now UBS has decided to stop even covering Valeant altogether. On November 11, 2015, so just about six months ago, UBS analyst Marc Goodman reiterated a buy rating and $255 price target on Valeant Pharmaceuticals, saying fundamentals would matter again soon. How soon exactly? Shouldn't there be tighter regulations on analysts, holding them

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Would You Have Held on to Starbucks’ Stock for Seven Years?

Mar 9, 2016
J. Webster
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Seven years ago, instead of buying a latte or a frappuccino, you could have bought a share of Starbucks' stock for around $4. The big question however, is could you have held on to said share of Starbucks stock for seven years? It's not like Starbucks went straight up though? There were ups and downs in the stock and the overall economy. It's close on 3/9/09 was just over $4. Starbucks stock went from $4.14 to $57.60, which is a nice 1300% gain over 7 years. And remember, this was when Starbucks was closing stores left and right due to the

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