In a blog posting Jason asks what he is missing regarding Garmin. My answer is that he is missing nothing! This is one those stocks where I was burnt because I jumped in too earlier (still long and will wait this storm out). BUT my basic premise of GPS which I have commented on many times stays. So...

At $35, Google Finance puts the Garmin PE at ~8.5. That's just too low for a company with 25% annual growth. I made some money riding this stock from about $45 to $80. I kicked myself for not holding it to $120. I bought some up there and was quickly stopped out for a small loss. And now I'm glad I...

Ah yes, when Apple does something sinister its ok because Apple wants to "control" the experience, and well Apple is the "good guy". > Apple CEO Steve Jobs has confirmed that the iPhone 3G has a kill switch that can remotely remove software from the devices. > > Jobs told The Wall Street Journal...

Folks, my prediction on the S&P went beyond my wildest dreams, and basically was spot on. Though the question is was I lucky or not? One last time let's look at the prediction. | | | --- | | | Let's look at where the S&P went: | | | --- | | actualpath | The prediction was made just before March,...

Everybody wants a panic sale, they want a capitulation. Well folks I am willing to wager that it will not happen. And I think darkpools have something to do with this. Consider the following and the original. > Dark pools are on a hot streak. They're tearing through volume records and turning into...

I have become completely skeptical of analysts. I am even at the point thinking, what their motives are. Here is an interesting example: > An immature chipset solution from Infineon Technologies AG may be at the root of reported connection problems with Apple, Inc.'s 3G iPhone, Nomura analyst...

So I was reading the losses, writedowns and what have you at UBS. Yes yes it is all doom, gloom and boom...  However, something did catch my eye. > Last week, it agreed to buy back almost $19 billion of bonds after New York State and others sued it for steering clients towards auction-rate...

Candidate #1: Ralph Nader... | | | --- | | | Or candidate #2: John McCain | | | --- | | | Who do you think is older? McCain? Nader? Answer... Nader! Ralph Nader is 2 years older than McCain. Frankly I was surprised by this one as I thought McCain was the oldest of the group. I thought Nader was...

I think yesterday the deal with Citigroup, and now the acceptance of such a deal by Merrill Lynch will be the corner that turns the market. The deal means that small investors will get their principle back at face value. Larger investors do not get to benefit from the deal. I feel the reason why...

Congratulations SEC...  The SEC reached a tentative deal where Citigroup is held completely liable for the mismarketing of Auction Rate Securities. This means Citigroup is giving up any ability to debate their penalty or costs. In specific Citigroup will neither admit nor deny breaking any security...