Solar sector’s wild ride part II
What a curious day it was Friday. The rally that everyone was supposed to sell into just after the passage in the House of the bank bailout bill never materialized. […]
It could have been worse, much worse..
In defence of the specialist market makers with a human face..
Solar sector’s wild ride
We made a call yesterday saying it might be time to pick up some STP stock, as it was down a whopping 17% at $30 flat. Our argument was that […]
Naked short selling is a crime, and this is how they do it
The SEC has clamped down on short selling of almost a thousand financial (and two non-financial) companies, but the real crime is naked short selling, selling shares that haven’t even […]
How about this for a graph
Down more than 40% today alone and now just a quarter of the top a mere three months ago.. Is this a bank? No. Its a fertiliser company called Mosaic […]
Suntech (STP) plans to triple US sales
The announcement could not have come at a more unfortunate moment (or..), but this is pretty interesting nevertheless. Too bad investing on fundamentals has gone out of fashion..
Some good may come out of all this
Excesses have led to a big mess. When the dust settles, at least a little bit, some good might come out of all this. Capitalism’s main strength is that it […]
PNG government will offer cash for stake in LNG plans
If the deal the PNG government has in mind for the other LNG project, that of Exxon and OilSearch, is anything to go by (and why wouldn’t it?), things look […]
Some banks have already turned the corner
It might be forgotten, but there are big banks out there that seem (although we agree that this is a dangerous word) already on the mend. USB of Switzerland is […]
Emerging markets to recover soon
At least according to Mark Bobius. And actually, not that soon, but “within 14 months.” We sort of agree. More often than not, financial crisis originate in emerging markets (Thailand […]