Stock Analysis
Safe(r) ways to play biotech
I recently highlighted a small biotech firm, ISIS Pharmaceuticals, as a potential “value” growth play. ISIS took a tumble after earnings despite being just a penny off of estimates. Despite slightly lower than expected earnings, the Company showed a strong cash position, moderate cash burn, and a likelihood that it would be able to at [...]
read more »ISIS makes antisense
Since bottoming near the end of 2008, ISIS Pharmaceuticals has been one of the hottest stocks in the first half of 2009. In fact, in just a few short months, the stock has exhibited all the tell tale signs of a powerful, interim trend reversal. More importantly, a look at ISIS’s 3-year weekly chart shows [...]
read more »Sound off: Sears Holdings
Apologies for the lag between posts. I decided to take a little summer vacation. Moreover, I’ve been at a bit of a loss for interesting stock picks of late and the market itself seems to have entered a bit of a (relative) lull. We all seem to be holding our breaths waiting for an inevitable [...]
read more »Sears Holdings as a REIT
My most recent post on mall REITs (SPG in particular) got me thinking about Sears Holdings, a company that I disparaged a few weeks ago in a post called, “Unsuccessful Profits.” More particularly, my chart on REIT valuation based on square footage owned made me wonder. Aas you can tell, price per square foot data [...]
read more »Short this REIT?
A colleague of mine recently brought an interesting phenomenon to my attention. REITs and one particular REIT – Simon Property Group (SPG) – have had quite the run in the last few months. The above chart runs from March until today – June 22, 2009. It’s clear to see that REITs as an asset class (using [...]
read more »SHLD – Unsuccessful profits
Five years ago, the investment world was lauding Eddie Lampert as a “genius” and “the next Warren Buffett.” After taking control of a bankrupt K-Mart and turning it around, he engineered the takeover of the iconic Sears and created what looked to be a potentially dominant new platform for which to execute his investing prowess. [...]
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