Well, much to my surprise I just picked up a tiny packet of shares in Macquarie Infrastructure Company (MIC), and after my purchase it’s continuing to fall like a stone. This was an order I placed several weeks ago as a lowball dangler and forgot about, and I didn’t really expect to end up owning […]
2 Comments Read MoreA Surprise Infrastructure Buy, Falling hard
“The Best Investment Left Standing”
This morning we’re taking a brief break from the multitude of investment teasers that focus on the changes we expect from the Obama presidency — lately, many of those ads are hinting at riches from alternative energy companies and infrastructure-related firms, and I’m sure we’ll get back to them before too long. But today, I’m […]
3 Comments Read MoreZacks Picks for Obama Presidency, part two
When I last wrote, it was to share with you some stocks that the folks at Zacks think will be the winners under President Obama’s White House leadership … but I didn’t finish the job. I gave you two stocks that they appear be touting as beneficiaries of our next president’s policies, but there were […]
30 Comments Read More“Five Stocks for an Obama Presidency” Zack’s
And so it begins — with every significant social change, every newsletter and investment service has to come out with a teaser list of the “top ten” or the “three to buy now” or, in this case, the five stocks you must buy to be prepared to profit in an Obama presidency. New presidential administrations […]
15 Comments Read MoreBuying on Bad Earnings: Markel
I picked up a few more shares of Markel (MKL) today. The specialty insurer had an awful quarter, announced this morning — big losses, and terrible investment performance. Probably not terribly shocking, since we’re coming off of a couple big storms and the company’s portfolio focus in strongly on value investing, and we all know […]
Leave a comment Read More“Best Idea Ever” … maybe in a few months
Marvel (MVL) continues to be a very strong performer this year — Iron Man has raked in the cash after becoming the first real blockbuster of the Summer, and that continues to rake in the earnings even with the relative disappointment of the latest Hulk movie. Even though this stock has been repeatedly touted by […]
Leave a comment Read MoreOtter Tail Misses, Lowers Guidance Again
Otter Tail (OTTR) released earnings on Monday afternoon, coincidentally right after I wrote about them as the “Idea of the Month” … and it was almost a repeat of the last two quarters: Weak results, and lowered guidance. Earnings per share came in about 30% below expectations — which is better than last quarter’s 80% […]
6 Comments Read More“Make $2 Every Time Gold Goes up a Buck ” McCoach
We haven’t heard much from Greg McCoach in the last few months — not a big surprise, perhaps, since the middle of this year saw the decline of pretty much every single mining stock and hard commodity, and those are the things he covers in his Mining Speculator newsletter. But now, he’s got a little […]
16 Comments Read More“Now is the Time to Prepare for the Move Higher” Robert Hsu
Last week I got an email ad from Robert Hsu telling me with an encouraging sentence hidden in the middle: “After today, I feel more confident that we have seen the lows for the year.” That was on Thursday, October 30, and the encouraging point Hsu was pointing to was the big bounce on Tuesday, […]
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