Sold My Gold Futures Position
I sold my April Gold futures position today. I still hold many gold mining companies.
Adding to Anadarko Petroleum (APC)
With oil again over $60, it looks to me like Anadarko Petroleum (APC – $40.76) is on sale. I bought more today at $40.84.
Selling Half My SRI
Stoneridge Inc (SRI – $12.17) is one of my favorite stocks to trade around. Today I sold about half my position at $12.39. The auto parts maker moves up and down drastically on relatively small news.
Sirius and XM Merger – Agreeing with Jim Cramer
I bought Sirius Satellite Radio (SIRI) as part of my year end bounce strategy. I continue to own it as part of my play on this new type of radio. The merger announcement with XM (XMSR)
Seaspan Corp (SSW) Reacting to a Rating Cut
Photo: Peter Dondel, Creative Commons, Flickr Seaspan (SSW – $26.06 ) was cut to "hold" by Lazard today. A cut in ratings by analysts is always a time to reassess a long held position that I've been neglecting analyzing.
Japan Proposes Injecting CO2 into the Seabed
TOKYO — The Environment Ministry plans to promote projects to confine factory-emitted carbon dioxide in layers of porous rock.
Profit from Valentine’s Day Commercialism
Frustrated by the commercialism of Valentines Day or just plain frustrated? Found this interesting blog on some profit ideas.
Strong 30 Year Treasury Auction: No Big Deal
The 30 year US Treasury Bond Action held today has been lauded in the press as being very strong. Well, of course it was.
Looking for Stocks to Sell? Pfizer (PFE) is not One of Them
After and during market runups I like to look for stocks to sell. I have a full position in Pfizer (PFE – $26.62) and the company has been plagued by drugs going off patent, lawsuits and a couple bad FDA rulings. However, a value screen and my contrarian heart tell me I have to hold…
Yahoo Blows Away Google in Time Spent Online but Not on Valuation
As I go over Yahoo (YHOO) earnings data I was happy to see a decent increase in revenues even if earnings disappointed. However, it does seem that Google (GOOG) looks like the better value. (According to First Call, Google has a 2007 P/E of 35 vs. 52 for Yahoo). Then I came across the following…
Has Vonage (VG) Hit Bottom
Has Vonage Hit Bottom?
Ongoing Campaign to Invigorate Yahoo (YHOO) and an Options Strategy
As I first mentioned on my personal blog Eric Jackson's Campaign to create shareholder value at Yahoo (YHOO) continues.
Yahoo (YHOO): Individual Activist May Shake Up Yahoo
Sorry Warren Buffet , Eric Jackson is my new investor hero. This guy is leading a campaign of individual investors from his blog to push for a restructuring of Yahoo (YHOO ) for the benefit of shareholders. In his blog and embedded video posted on YouTube Mr. Jackson describes a ten point plan to increase…
Selling Mastercard (MA): I’d Rather Be Early
In early June, I bought Mastercard Inc. (MA) at around $47.00. I thought I was buying a stock with a forward p/e of 15 which compared nicely to American Express (AXP) at the time. That seemed low and I thought that the stock deserved a p/e multiple of closer to 20.
Cheaper Alternatives to Exxon (XOM)
Exxon (XOM) gets slammed by the Union of Concerned Scientists for trying to suppress science on climate change and hurt the planet for profit. See ThePanelist NewsFlash. I had a link to the ExxonMobile response but they seem to have taken it down from their website on Corporate Citizenship.
Buying an Insurer: I’m Afraid Of Global Warming, Chubb Isn’t
I had to add to my Chubb (CB) position. This property and casualty company is so cheap at a p/e of 8. They've had this low p/e for years as the stock has climbed. People are worried that global warming and terrorism mean that there is another unexpected disaster out there that will hurt insurance…