The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 2.4 million barrels last week, maintaining a total U.S. commercial crude inventory of 425.9 million barrels. The commercial c
I swear that sometimes I have the worst timing for my buys. I just bought some shares of Teva Pharmaceutical Industries Ltd (NASDAQ:TEVA) on Thursday and its shares fell 7.5% the next day.
If you recall, I bought shares of McKesson Corporation (NYSE:MCK) the day before it fell 23% a few months ago. Thankfully, I reacted by doubling my position and now I’m a few percentage points above....More>>>
2016 was a momentous year, and for the Dow Jones Industrials (DJINDICES:^DJI), it was a successful one. Yet the year was also chock-full of major events, and many of them roiled the financial markets from time to time. In terms of the largest fall between market closes on consecutive days, the Dow’s worst day of the year came on June 24, when the Brexit decision for the U.K. to leave the European....More>>>
Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million shares. This is probably a very welcome development. It tends to confirm the bull long-term goal of multibagger....More>>>
I last wrote about magicJack (NASDAQ:CALL) on January 27th, 2016, describing how the business was a) highly free cash flow generative, b) supremely capitalized, c) pursuing several low-risk growth opportunities, and d) valued at insanely low multiples. Today, one year later, all four of the above remain true. And yet much has happened in the intervening 12 months.
The Wheel of FORTUNE just concluded an interview, part of SA partnership with Cheddar TV to produce a Seeking Alpha "Idea of the Month" slot. These interviews are always a challenge because i) they are very short in nature (only 4-5 minutes), and ii) since it's live TV we are dealing
Pico Far East Holdings (OTC:PCOFF) [HKG:752], Asia's largest exhibition services provider, trades at an ex-net cash trailing P/E of just 10 times. This represents attractive valuations for a market leader which has generated 15-20% ROEs in the past decade and also has been profitable and free c
Have you ever "unplugged" from your cell phone? If you have, you've likely experienced the phenomenon of phantom vibrations -- the perception that your phone is ringing or vibrating when in fact it's not. (In the 1990s, people reported incidences of "phantom pager syndrome.")