My Investments
Net1 UEPS Technologies
It’s been a while and for that I apologize. Truth be told, I had gotten my portfolio almost fully invested by mid-last year. And, as the stock intense rally we’ve seen in stocks through 2009 has turned flat since the new year, I’ve been much less aggressive with my personal portfolio and as such have [...]
read more »Valero: value or value trap?
Last week, Valero announced the postponement of a major capex project in Port Arthur, a guidance towards a second quarter loss, and a dilutive stock offering. Basically, a triple whammy that sent the stock tumbling from $22 to $18, a near 18% single day loss.
A lot has been written since about how CEO Bill Klesse [...]
GE still offers value even after 64% rally
As with the rest of the market, GE’s stock has rallied significantly off its March closing low ($6.66, 3/5/09). Maybe more comforting, the stock’s now seems to have firmly developed support above $10 per share. While not significant from a fundamental stand point. $10 stocks are sometimes a key threshold for certain mutual funds or [...]
read more »GE jumps at bad news
S&P downgraded GE from AAA to AA+ today. Moody’s has not followed suit yet, but likely will soon. The uncertainty surrounding a dividend cut and ratings downgrade have caused investors to flee from GE stock over the last month and brought to lows not seen since 1991. Yet, despite the coming to fruition of a [...]
read more »Google search share down 0.5%!
It seems that people can’t help but go after the successful. Moreover, I’m sick and tired of all the sensationalist title lines that stock market prognosticators can’t help themselves with. For example, this one – “Did Google Just Gag?”
ComScore, a notoriously poor predictor of overall performance, released January 2009 U.S. search share data.
Yes, Google [...]
read more »The value of Steve Jobs per share
I wrote earlier today about why I believe Apple will be fine despite Steve Jobs’ surprise leave of absence. And, overall, it seems investors agree (at least at current market value) with the stock falling just 2% after trading down nearly 7% in after-markets the night before. Despite this, I’ve noticed many fear mongers out [...]
read more »
