ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
This is an excerpt from an article I originally published on Seeking Alpha on January 12, 2012. Click here to read the entire piece.) In “Why I Bought Eastman Kodak,” I noted the high amount of short interest in Eastman Kodak (EK) as one of four reasons to buy Kodak’s stock. I neglected to post … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2012. Click here to read the entire piece.) On October 4th, I lamented that I missed out on trading a nice bounce in Eastman Kodak (EK) after the company refuted rumors it would file for bankruptcy. When EK fell … Read more
On December 5, Southwest Airlines (LUV) CEO Gary Kelly distributed a memo to employees describing the cost challenge ahead for the company (for example, see Bloomberg article “Southwest Fights ‘Cost Enemy’ After AMR Bankruptcy Filing“). With American Airlines (AMR) declaring bankruptcy as a way to cut its costs, Southwest became the last major carrier yet … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 30, 2011. Click here to read the entire piece.) “Now we have the potential to overcome the last hurdle between us and lasting success, by achieving a competitive cost and capital structure.” – Tim Horton, Chairman, CEO, and President of … Read more
I am a big fan of trading on insider buying (for example, see “The Market Is Ignoring These Insider Buys, But You Should Not“). So when I read that Jon Corzine had invested $3M of his own money in now bankrupt MF Global, shivers went up my spine. In “Why MF Global’s Collapse Matters“, Brett … Read more