Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
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 anticipation of Johnson making a great presentation. By almost any measure at $33, J.C. Penney was one of the most expensive major retail stocks. On Jan. 25, Johnson made the rounds and leaked his plan ahead of the big event on Jan. 26. J.C. Penney will in the future
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 million shares at $35-40 apiece. It is too early to know the demand for the shares precisely, but it’s not too difficult to make a reasonable estimate. At The Arora Report, our estimate is that 3-6 million individuals will be clamoring to buy these shares. If 5 million individual
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 communication between people. The IPO is expected to raise about $10 billion with a valuation of at least$75 billion. By comparison, Google (GOOG) raised $1.9 billion in an IPO with a valuation of $23 billion back in 2004. Previously the largest technology IPO was done by Infineon (IFX), a
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 secret and Apple did not give me access to it. I was able to connect the dots from the gobbledygook contained in an Apple document. The document is United States Patent Application 20120016678. The document is purported to be a simple patent application for Siri. On
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 out by claiming it is about privacy. The email itself is benign, however buried in the links is a bomb. Now Google has made it mandatory for you to sell your soul to Google if you want to use its products. I am not referring to soul in the religious
Adding a 5% tranche to gold (GLD) right here at $169.
Added a 5% tranche to gold (GLD) right here at $167.48.