Attack is the Best Form of Defense
Welcome to the last trading day of the year at underthecounter.
We hope it was a good one for you.
Bulls have run over the skeptics.
Did you play the market too defensively in 2006?
The content contained in this blog represents the opinions of 1440 Wall Street. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely for the entertainment of the reader, and the author.
Impostor?
The last time I saw Elvis
It was some kind of Vegas dream
Spotlights flashed on a silver cape
And a blue-haired lady screamed
He was the King
-Neil Young
Neil Young might have seen Elvis perform...unfortunately we never did.
But we have caught a few Elvis impersonators over the years.
On Wall Street you cannot always take things at face value....
Among the artifacts of the last bubble that we’ve seen re-emerge of late is the phony exaggerated press release, designed to create an artificial pop in a company’s stock price. At least we thought that investors weren’t so gullible any more. Turns out, investors are still very susceptible to hype, as one company recently found out when a third party put out a false release saying it had signed a deal with a major company. Techdirt
There are many impersonators. But Elvis was the King.
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No positions in any securities mentioned. The content contained represents the opinions of 1440 Wall Street. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely for the entertainment of the reader, and the author.
A Random Bawk Down Wall Street
Which came first...the chicken fund or the egg?
The fund’s managers recently filed paperwork that will effectively increase the expense ratio above 10% and whack the NAV substantially.
Why did the mutual fund cross the road? Insert your answer here to complete joke
This fund is fowl.
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no position in any securities mentioned
The content contained in this blog represents the opinions of 1440 Wall Street. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely for the entertainment of the reader, and the author.
Legends of The Fall
Got Mandarin?
three month trailing mutual fund numbers through 12/19/06
Dreyfus Emerging China
28.68%
AIM China
25.88%
Gartmore China Opportunities
22.73%
Columbia Greater China
22.45%
Oberweis China Opportunities
21.29%
Chinese au pairs are New York’s latest fashion: Manhattan’s elite wants to prepare its progeny for the economic world of tomorrow. Embassy of the People’s Republic of China in the United States of America
Time to rotate
Enjoy your daylight...all nine hours of it
Freaky Friday
Navistar International CEO Dan Ustian is open to offers…
12:55 pm 12/15/06
“If you’ve got a lot of money, come over and see us,” Navistar Chief Executive Dan Ustian said after an analyst asked whether any parties had expressed interest in helping management take the company private. Ustian would not say whether the company had been approached. Press Release
Traders bid up the stock...but it seems he was just kidding…
1:40 pm 12/15/06
Navistar’s top executive later seemed to signal his apparent willingness to entertain offers to take the company private—though a spokesman quickly said the remark was a joke. Follow up press release
Navistar shares are fluctuating on the news.
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