-
Stocks to Watch (FOLD,BX,BANF,SCLN)
Monday, October 5, 2009 - 6:07am | 340Amicus Therapeutics, Inc. (NASDAQ: FOLD) fell 24.71% to $6.40 after announced preliminary results from its Phase 2 randomized, open-label study to assess the safety, tolerability and preliminary efficacy of its investigational drug, Plicera (afegostat tartrate), in treatment-naive adult patients...
-
Today’s Top Gainers (BBT,CCRN,CIT,IVZ,LVS)
Friday, October 2, 2009 - 6:02pm | 326BB&T Corporation (NYSE: BBT) jumped up 4.6% to $26.71 on 13.71 million shares after tThe seventh- largest U.S. bank by deposits was raised to “outperform” from “market perform” by Keefe, Bruyette & Woods Inc. The bank has “strategic advantages” as a Troubled Asset Relief Program...
-
Bookkeeping: Many Limit Orders Hit
Friday, October 2, 2009 - 10:51am | 564I had a bevy of limit orders hit this morning - these are all mechanical trades that I set out earlier and just happened to hit at once this morning. First the limit purchases - these are not huge purchases but get us some exposure at far better prices than were to be had the past few weeks. All...
-
Ameriprise Financial Inc.(AMP) shows a gap-up opening on strong volumes
Wednesday, September 30, 2009 - 12:11pm | 70Ameriprise Financial Inc.(NYSE: AMP) picked up to $36.14 by almost 10% in early trades on Wednesday after the word that AMP would buy the asset-management business of Columbia Management from Bank of America Corp (NYSE: BAC). With a gap-up opening on high volumes, AMP is likely...
-
Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 7
Sunday, September 20, 2009 - 9:24pm | 2085Year 3, Week 7 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 73.9% (v 68.4% last week)23 long bias: 16.5% (v 16.7% last week)7 short bias: 9.6% (v 14.9% last week) *includes long term puts 30 positions...
-
Bookkeeping: Selling 1/3rd Blackstone Group (BX)
Thursday, September 17, 2009 - 12:04pm | 603I am going to do an awful thing and actually sell some long exposure - hang me in effigy. Selling 1/3rd of our 2%ish position in Blackstone Group (BX). We've enjoyed a 25% rally in 2 weeks in this name. It is breaking out nicely but I want to lock in some profits off a nice run. Continue to...
-
American Capital ACAS) Receives $182M from Sale of Axygen.
Thursday, September 17, 2009 - 4:53am | 92American Capital Ltd. (Nasdaq: ACAS) completed the sale of its portfolio company Axygen BioScience Inc., including its subsidiaries Axygen Inc. and Sorenson BioScience to Corning Incorporated for approximately $400M. The total inception to date gain and income, including dividend and fee income,...
-
New CEO for American Driveline Systems, Inc (ACAS)
Thursday, September 17, 2009 - 3:59am | 82Marc Graham will be the new President and CEO of American Driveline Systems, Inc, the parent company of AAMCO Transmissions, Inc. and Cottman Transmission Systems, LLC. American Capital Ltd. (NASDAQ: ACAS) is the major share holder of the company. He has over 35 years of senior management...
-
Today's Morning Top Gainers (SPEX,KERX,ACAS,AEZS,DARA)
Wednesday, September 16, 2009 - 12:07pm | 270Spherix Incorporated (NASDAQ: SPEX) is among the top percentage gainers in morning trade and surged 48% to $2.20 on huge volume of 405K million shares on no news. The stock has YTD of 1000%. Keryx Biopharmaceuticals (NASDAQ: KERX) rallied 45.37% on 20.65 million shares and now trades at $2.26...
-
Fund Performance Period 9
Monday, September 14, 2009 - 3:49pm | 2767As a reminder, if you are interested in this type of fund as a worthwhile consideration for future investment, please consider reading why this blog exists. [Jan 7, 2008: Reader Pledges Toward Mutual Fund Launch] [May 26, 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund...
-
Citigroup Inc.(C) to sell telemarketing company
Monday, September 14, 2009 - 9:40am | 172News trigger of the Day – Citigroup Inc. (NY:C) Close – $4.61 Strategy – Long MACD – -0.21 RSI – 61.82 Citigroup Inc. (NY:C) is in news as CVC Capital and Blackstone (BX) are teaming up in the second round of bidding for Bellsystem24, Citigroup's (C) telemarketing company in Japan. Citigroup Inc (...
-
Bookkeeping: Weekly Changes to Fund Positions Year 3, Week 6
Sunday, September 13, 2009 - 9:15pm | 2093Year 3, Week 6 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 68.4% (v 72.5% last week)24 long bias: 16.7% (v 14.1% last week)9 short bias: 14.9% (v 13.5% last week) *includes long term puts 33...
-
Blackstone Group (BX) Rallies on Goldman Sachs Addition to Conviction Buy List
Thursday, September 10, 2009 - 12:10pm | 1385Congrats! Another win to the "trading huddle" (allegedly) - while the last few posts have been about stocks going up for reasons they did in the old days, today's upgrade of Blackstone Group (BX) is more likely a representation of the new "financially innovative" and "fair and balanced" stock...
-
Bookkeeping: Buying Stocks
Wednesday, September 9, 2009 - 2:31pm | 217Reasons for purchase are due to it being fashionable to buy stocks .. and also to hedge off some short exposure I added yesterday Adding about 0.75% exposure to Blackstone Group (BX), TriQuint Semiconductor (TQNT) and Skyworks Solutions (SWKS) - the latter two names are in my favorite sector and...
-
American Capital (ACAS) Receives Acceleration Notices from Noteholders, Enters Into Forbearance Agreements
Friday, September 4, 2009 - 7:08am | 100American Capital Ltd. (NASDAQ: ACAS) announced that it has received notices of acceleration concerning $393 million of its privately placed notes. Shortly after the receipt of these notices, American Capital entered into forbearance agreements with holders of 99% of the notes. Under these...