Yes, it's fun to watch Wall Street hedge funds get greedy. In fact, it never gets old. They have piles of money and just want more and more and it always gets the best of them.
A troubled hedge fund magnate desperate to complete the sale of his trading empire makes an error that forces him to turn to an unlikely person for help in this "gripping" thriller from the 2012 Sundance Film Festival. Starring Richard Gere, Susan Sarandon, Brit Marling and Tim Roth. And CNBC's Maria Bartiromo! Not sure if Mad Money's Jim Cramer makes an appearance. He must though.
Tagged arbitrage, maria bartiromo, movie trailer, Richard Gere
never won a super bowl and now it looks like he's lost a super bowl of stocks on the investment front. Famous for the Tupuc Shakur hologram, Digital Domain
, filed for bankruptcy and took down the former Miami Dolphins quarterback too. I guess you could say he got sacked on this one. Too bad he didn't sell some when the Shukur hologram appeared. That turned out to be the top in the stock.
One of the biggest shareholders in the company is former Miami Dolphins quarterback Dan Marino, who is listed in bankruptcy filings as owning 1.6 million shares.
Tagged bankruptcy, dan marino, digital domain, tupac shakur hologram
There's a trend these days in stocks selling off huge only to rebound in a matter of days if not minutes. It's the old buy the dips. Better yet, it's buy the pukes because once the stock throws up it starts to feel better very quickly. It's as if all the bad stuff gets out of their system and the stock can move forward - onward and upwards. The "weak hands" are out and the believers buy back in.
(NKE) for example. The stock sold off hard on worries about a slow down in Europe, only to bounce back
Tagged apple, Brown Shoe Company, buy the dips, buy the puck, nike, Tibco Software
So this picture of Ben Bernanke as a kid
as been going around the web of late. Yes, it's a joke about how much Bernanke likes to throw money around via quantitative easing and or his nickname of "Helicopter Ben", coming to save the day with his printing press.
Bernanke, a student of The Great Depression, believes that buying assets will keep interest rates low and prevent a deeper collapse in the economy - plus, stop deflation. But where's the famous Ben Bernanke beard
? Can this really be Bernanke without a beard? He sure looks like he's having a good
Tagged beard, Ben Bernanke, kid, throwing money
Green Light Capital's David Einhorn
likes ethanol even though corn prices have soared. He likes it so much he increased his stake in BioFuel Energy Corporation
by over 10%. He now owns more than a third of the company. Obviously, Einhorn must know something about ethanol and or this company that we don't. Maybe he just has a fleet of biofuel powered cars he needs to fuel for a cross country family trip. Yeah, right.
But this is no joke. Just look at the stock. Biofuel Energy Corp's stock, with the ticker BIOF
, is screaming higher on the news, up
Tagged biofuel, corn, david einhorn, ethanol, green light capital
Yeah, say what you will about the "Kardashian" sisters, but you can't really call them lazy. Sure, they're not trying to discover a cure for cancer, their just selling makeup and clothes, but they do work hard to sell their products and brand.
The question is: how much longer can they do that? How much longer will people be interested in their reality show? Kim Kardashian
appeared on CNBC's Closing Bell with Maria Bartiromo
to talk about the Kardashian sisters new Khroma Beauty line. And Maria waited tell the very end to sort of hit her with a tough question,
Tagged BLODFACE, cnbc, khroma beauty line, kim kardashian, maria bartiromo
So it's obviously NOT good when one of the lead underwriters of your IPO cuts the price target on the company they took public. And that's just what happened to Facebook, as Morgan Stanley's Scott Devitt
cut his price target for Facebook to $32. It was nice of him to outline the best and worst case scenarios though:
In the best-case scenario, shares would trade at $38, he said. In the worst case, he thinks shares could trade as low as $17, below current levels. That would occur if its new ad formats don't gain traction with advertisers, he said. (
OK, so Meg Whitman
said it's going to take some time to turn around Hewlett-Packard
. But who much time? On September 22, 2011 Meg Whitman will have been at the helm of HP for a full year. The stock is 10 cents above it's 52 week low, trading for $16.77 a share. Three years ago it was a $50 stock.
If she really believes in the company, and she's the person to turn around the once golden tech company, why not put down some money, buy some stock to show just how much she believes in Hewlett-Packard.
If you look at the
Tagged 52 week low, apple, hpq, insider purchases, meg whitman
Josh Brown, The Reformed Broker
, showed up on the homepage of Yahoo today to talk about why he stopping working as a stock broker
In a way, this is sort of crossing over into the mainstream when you make a jump from Yahoo Finance to Yahoo's homepage - perhaps the number #1 destination on the web. Yes, even still Yahoo is near the top of most visited portals. If you trade stocks then you'd be wise to start reading Josh Brown's blog and following his work. He doesn't hold back from expressing his opinion about Wall
Tagged josh brown, stock broker no more, yahoo homepage
Rather than actually listen to the whole conference call, investors can now just gauge the tone of the analysts on the call and listen for what types of questions they ask. You'll end up learning more about what direction the stocks is going than spending hours digging into the stocks financial statements or trying to figure out if that's a head or shoulder in the stock chart. Well, at least that's what Jordan Schoenfeld
, a PhD candidate at the University of Michigan's Ross School of Business, found out:
He found that when analysts' tone is more upbeat than usual, a company
Tagged analysts tone, conference calls, downgrades, jordan schoenfeld, types of questions, upgrades