J.C. Penney (JCP), the fourth largest US department store chain, is undergoing a transformation and brought in Ron Johnson, the ex-chief of stores at Apple (AAPL), to revive its business. J.C. Penney scheduled an analysts’ day on Jan. 26, 2012. The stock had been levitating for a couple of months
In response to my recent article, ‘œFacebook IPO Is Nigh, Should You Buy,’ I have received a large number of emails asking about supply and demand in. We will not know the numbers until the filing is made public, but here are my qualitative estimates. Facebook may sell 250
A number of media sources are reporting that Facebook will file for an initial public offering next week. Apparently,Morgan Stanley is to be the lead underwriter. Goldman Sachs is also expected to play a major role. Facebook, with its 800 million members, has become the new standard platform for
On October 12, 2011, I started a series on Forbes titled ‘œFuture of Apple.’ The first article in the series was ‘˜Tim Cook’s Leadership Determines Whether Apple Hits $100 or $1,000 Next‘. Now I have come across Apple’s plan to become a $1,000 stock. Obviously, the plan is
Yes, I admit I use Google (GOOG) products. Much has recently been written about the new privacy policy from Google. The discussion in media did not bother me as I thought I would easily deal with privacy issues. Then I, too, received my Dear Google User email. The email starts
A new 5% tranche short on GLD right here at $167.82. The plan is to build a new short position in GLD starting with the last entry. The plan is to build the position slowly if gold continues to go up all the way to $1825. Our stop zone will
The Federal Reserve on Gold and Silver The Federal Reserve does not directly comment on gold and silver. For the first time in the living memory, the Fed sent a clear signal to sell gold and silver. The market participants did not listen and ran both gold and silver
This is the post on ZYX Short Sell Change Alert yesterday at 12:28: ‘FED EASES, GOOD FOR GOLD AND SILVER’ The language behind Fed’s statement amounts to QE2.5. This is positive for gold and silver. Out of the gold ETF (GLD) trade at $161.