MORE ON PNSN

Stops hit in today’s action. We recognize that aggressive subscribers are still holding this position and therefore we will continue to provide updates on PNSN. PNSN sell off appears to be triggered by a proxy filing by the company. The proxy has a section on debt restructuring, which details March 13 agreement. Perhaps some

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WEEKLY MARKET DIGEST: INDIAN JEWELERS STRIKE TO PROTEST TAX ON GOLD

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) SPANISH YIELDS AGAIN OVER 5.5% March 23, 2012 Bench mark 10 year bond yields in Spain have risen to 5.53%. This is a stark reminder that

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BROKERAGES RACE TO FEED APPLE TO THE MUPPETS

Shades of Greg Smith muppets are beginning to appear in Apple stock recommendations.  Greg Smith is the conscience stricken ex-Goldman Sachs (GS) renegade whose New York Times op-ed was recently widely read and commented on around the world. The crux of the Greg Smith’s writing is that he believes Goldman Sachs places its own interests

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UPDATE ON PNSN

The Fundamental Case for PNSN is Still Positive PNSN still is drastically undervalued from a long-term perspective. PNSN derives significant revenues from providing clearing services to brokers. History tells us that over a long period of time, volume of transactions increases. This long-term trend is beneficial for PNSN. There is an increasing trend towards independent RIAs

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NEW OPPORTUNITY IN HERO

New subscribers — an opportunity to scale in a buy in HERO is now at hand. HERO  provides shallow water drilling and marine services  for oil and gas exploration. HERO announced the execution of a definitive agreement to acquire the offshore drilling rig Ocean Columbia from a subsidiary of Diamond Offshore

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SAUDI KING DEFIES IRAN’S MULLAHS TO HELP OBAMA

It is no secret that President Obama’s reelection hinges in part on gas prices in the United States. Republicans have made a point of emphasizing that Obama’s energy policy is part of the reason behind high gas prices.  Republicans often cite the president’s decision not to allow the Keystone XL

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