Now consider a couple of scenarios. Chenault misses all the targets but the market booms, returning 10% a year, and AmEx stock matches it. After their full term of ten years, his options would be in the money by $258 million - but he wouldn't get any of that. Why? Well, AmEx's stock presumably ro ... Read more
Thanks to my sister, Huey Yee for sharing this wonderful article. Don't give up..... One day I decided to quit... I quit my job, my relationship, my spirituality... I wanted to quit my life. I went to the woods to have one last talk with God. "God", I asked, "Can y ... Read more
If everyone and their mother knew that Citi's earnings were going to be bad, and that they would take a huge writedown, then why is it hurting the market so much? Citi (C) reported a larger EPS loss than expected, and took an $18.1 billion write-down on subprime and fixed income. They also had ... Read more
So we're going into a recession. There are few out there who have not yet accepted this, and the only thing left to debate is whether we're already in a recession, and how deep the pain will be. There are several periods in time when, as investors, we've been backed into a similar corner. Perha ... Read more
ON THIS DATE IN 1759, THE BRITISH MUSEUM OPENS. IN 1943, THE PENTAGON IS DEDICATED IN ARLINGTON VIRGINIA. TODAY MIKE MARSHALL IS 65 AND MARIO VAN PEEBLES IS 51. For entertainment and/or education only. I may be long, short or out of any of these stocks, and positions may change in a flash. . . ... Read more
The GMI and GMI-R remain at zero. On Monday, there were 69 new highs and 189 new lows in my universe of 4,000 stocks. Thank you for the nice comments about yesterday&39;s post about Nicolas Darvas. It appears we are finally getting the earnings bounce. The key is whether th ... Read more
by Michael Shulman BiotechBlitz The Dendrreon ( DNDN ) bulls are not exactly a cult. Cult is not the right word -- I would say they are an unreasonably large number of wild optimists who love the stock they own, always a dangerous thing. A little history for new readers. In my paid ... Read more
The stock market is beginning 2008 with its worst January start since 1991. After the closing bell today, Intel (INTC) announced that profits rose 51 percent on higher sales, but revenues missed analysts' forecasts. Intel is down in after market trading. Once again, investors need to exercise cautio ... Read more
Barnes and Noble (BKS) issued an obtuse guidance adjustment indicating that as a result of disappointing Christmas sales and January sales trends they are reducing Q4guidance and with that they are reducing full year guidance. January results were available to Jan 5 and the guidance adjustment was i ... Read more