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. Click here to read the entire piece.) An apparent downward shift in short interest was part of my premise in speculating that Research in Motion (RIMM) could experience significant upside after its last earnings call. It turns out that shorts increased almost … Read more
Research In Motion (RIMM) has been locked in a steep downtrend since February and printed its post-recession highs in September, 2009, so it is hazardous to make any upside predictions for the stock (for example, “Judgment Day for Research In Motion Could Yield Upside Surprise“). However, I could not resist making the observation that RIMM … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece. I have updated price and trading information to reflect time of publishing) While announcing disappointing earnings guidance again, RIMM indicated it will launch another repurchase program as early as July 10, 2011, the first day … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Trailing P/E and forward P/E both below 6 Price/Sales below 1 $2.12 billion in cash on the balance sheet Zero debt Double digit profit margins Sounds like a steal, especially for a technology company (valuation … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) On Friday, briefing.com reported that rumors hit the trading floors that Cisco (CSCO) might make a buyout offer for Research In Motion (RIMM). The rumor was good for a brief 2-hour or so pop before the … Read more