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Last Updated: Jul 27, 2008 - 5:38:45 PM |
Company Commentary
Watch List: Biotech Stocks
We've been talking about a few Biotech and Drug stocks over the last few months in the blog and I wanted to talk about a few more that have been making noise here in the article section. There is always downside risk to drug stocks. They may not have much of a pipeline or if they don't get FDA approval for a drug then the stock will likely get creamed. Clinical trials can have a big impact on the stock as well. Either way, given the recent activity in the sector, there appears to still be a shift into some of these stocks.
Jul 27, 2008 - 5:32:06 PM
Company Commentary
Get on the Imax Bus
I've been warming the bus up for Imax (IMAX, $7.76, up $0.40) and Friday Wall Street finally jumped on board. The stock had a huge day, up 5%, with the release of The Dark Knight as strong ticket sales propelled the stock to a new 52-week high of $8.28 earlier in the session.
Jul 21, 2008 - 8:07:36 AM
Company Commentary
Financial Stocks Get Lift
Over the weekend, the Federal Reserve and the Treasury Department announced a plan to help hurting mortgage giants Fannie Mae (FNM, $10.25, down $2.95) and Freddie Mac (FRE, $7.75, down $0.25). I can name quite a few stocks, and we've witnessed them here in the blog, that have lost 70%-80% of their values but they should get a big bounce today.
Jul 14, 2008 - 6:32:38 AM
Company Commentary
The New "Four Horsemen"
I had a feeling I would be talking about a lower market in the "weekly wrap-up" and my gut feeling proved me right. It was a terrible week for the market if you were bullish (although the Gold stocks did well) as the bears came out in force to push the Dow to its lowest level in nearly two years. Four words for you leading the debacle: Oil, Banks, Housing and the Dollar. These are the real "Four Horsemen" of the market right now.
Jun 30, 2008 - 8:38:37 AM
Company Commentary
AMEX MEMBERS APPROVE ACQUISITION OF AMEX BY NYSE
NYSE Euronext (NYX) and the American Stock Exchange (Amex) announced that members of The Amex Membership Corporation (AMC) approved the adoption of the merger agreement between AMC and NYSE Euronext and certain of their subsidiaries. The Securities and Exchange Commission must still approve the rule changes related to the transaction before it becomes final.
Jun 23, 2008 - 4:53:31 PM
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