Mom and pop investors love to read about the stocks that billionaires have been buying or selling. The media is happy to oblige. After all, what is good for the likes of Warren Buffet and Carl Icahn has to be good for mom and pop, right? Wrong! Let me explain why it
Please click here for the chart. After the market close on Friday, AT&T kicked off the next wave of consolidation in wireless by offering to buy Leap Wireless for $1.19 billion. But will they stop there? First, let’s take a look at this deal. The chart linked below compares performance
Today after the market close, Dish Network (DISH) announced a $3.30 offer for Clearwire, $0.33 more than the Sprint offer. Sprint called the offer from Dish illusory. Dish has been accumulating spectrum. Last month Dish won a ruling to convert some satellite spectrum to be used as cell phone spectrum.
For a while there has been no shortage of speculation about a new TV from Apple (AAPL). Recently, Tim Cook, CEO of Apple stoked the fire by making vague comments about the company’s future in the television business. The speculation ranges from a full-fledged TV set to a big upgrade of existing Apple
Nothing succeeds like success. The 23-year old New York Knicks point guard, Jeremy Lin, is a case in point. The Knicks’ winning streak has ignited a Lin mania. Vendors have been selling out of Lin merchandise. TV ratings have gone through the roof. To make money from Lin’s success, you