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By admin on June 16th, 2009
Should I Buy SpongeTech, SPNG Stock
We don’t often give stocks a ‘AAA buy rating’ but this is one of those “golden jewels” that we really like.
SpongeTech (SPNG) has proven itself to be a growth company with good products, innova...
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By admin on June 16th, 2009 | No Comments
Should I Buy SpongeTech, SPNG Stock We don’t often give stocks a ‘AAA buy rating’ but this is one of those “golden jewels” that we really like. SpongeTech (SPNG) has proven itself to be a growth company with good products, innovation and a price point that is recession proof. This along with new product releases in the pipeline makes it a STRONG buy for us. The company has also been con... -
By admin on May 28th, 2009 | No Comments
Stocks to watch for June 2009? Here are some of our little “keeper” stocks we feel have a strong chance for return. Some are long term holds, while others are players. NVAX – Novavax is being watched by 1000’s if not 10’s of thousands of investors. They have a potential to benefit from the swine flu vaccine and have some interesting products that are outside the norm. While the company...
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By admin on May 19th, 2009 | No Comments
Genta Incorporated (Genta), is a biopharmaceutical company engaged in pharmaceutical (drug) research and development. Recently the news is that the company will run out of funds around June 2009. This of course has driven the stock to new low levels. The stock is trading for pennies (or even less) compared to 2006 levels of nearly three dollars. The company appears to have several patents in the w...
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By admin on May 8th, 2009 | No Comments
The Death of GM Comes By Their Own Sword GM must be a very proud company. You can tell this by them practicing hara-kiri on themselves. An ancient tradition that was once reserved for Samurai Warriors is now in the corporate world. The two key vital mistakes that GM is about to make are: 1) Moving production overseas. The US tax payer is footing their rescue bill, but they plan to move more and mo...
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By tom on May 5th, 2009 | No Comments
Mexico began a cautious return to normal Tuesday, traffic picking up in the capital and cafes reopening while Cinco de Mayo celebrations were called off throughout the country. The canceled events included the biggest one of all — a re-enactment of the May 5, 1862, victory over French troops in the central state of Puebla. And health experts warned that Mexico and the rest of the world needed to...
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By tom on May 5th, 2009 | No Comments
NEW YORK/BERLIN–Chrysler won interim approval from a U.S. bankruptcy court to access a $4.5 billion loan as it tried to move ahead in its planned alliance with Fiat SpA, while the Italian automaker advanced its bid for General Motors Corp’s European Opel brand. Also, a group of investment funds sought on Monday to block Chrysler’s plans with Fiat while United Auto Workers Preside...
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By tom on May 5th, 2009 | No Comments
Kraft Foods Inc (KFT: 25.7414, 1.4914, 6.15%) posted a higher-than-expected first-quarter profit helped by price increases and cost-cutting measures. The largest North American food company on Tuesday also stood by its 2009 earnings and revenue forecasts. In recent years, Kraft has cut production costs while also increasing advertising and product development to help it garner higher prices and ...
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By tom on May 5th, 2009 | No Comments
Stocks fell slightly at Tuesday’s opening bell as the bulls take a breather from Monday’s big day and Wall Street braces for a report on the U.S. service sector and testimony from Fed chief Ben Bernanke. Today’s Markets As of 9:32 a.m. EDT, the Dow Jones Industrial Average slid 21.27 points, or 0.25%, to 8406.87, the S&P 500 fell 3.10 points, or 0.34%, to 904.14 and the Nas...
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By tom on May 5th, 2009 | No Comments
Citigroup may put more employees on commission or offer them larger base salaries as it tries to retain key staffers without running afoul of laws limiting executive pay at banks that receive government funds. Three people familiar with the matter said the bank has examined a series of possible moves, including special stock-based bonuses, or offering employees a percentage of their group’s ...
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By tom on May 5th, 2009 | No Comments
WASHINGTON — Federal Reserve Chairman Ben Bernanke will provide Congress with a fresh assessment of the country’s fragile economic health that probably will note some recent improvements, but still warn that it will take time — perhaps years — for the economy to get back to normal. At the same time, Bernanke is likely to face tough questions by lawmakers at a hearing Tuesda...
