RichC | February 9, 2024
As an Apple advocate and device user from the 1980s and someone who as been begging for a foldable iPhone flip phone (or even slider) since using and retiring a foldable Samsung SPH i500 PalmOS device years ago, “I can’t wait”… as I mentioned to tech influencer Evan Kirsten. We seem to be getting closer, […]
RichC | March 9, 2023
It has been a quandary for years. Do you value Tesla like a car company or a fast-growing technology company? This past weekend Barron’s Magazine included an interesting article by Jack Hough after Tesla’s “investor day” and subsequent stock price drop. Tesla is trading “more like just another car maker,” wrote Bespoke Investment Group this past […]
RichC | December 27, 2022
How many of us who have been trading stocks and investing for decades have ignored the wise advice about buying a stock as it drops? Chart watchers, and maybe investors who have favorite companies, often listen to the conflicting thought from brokers, financial advisors and TV talking heads. We ignore the lessons from our past […]
RichC | April 27, 2021
General Electric‘s ($GE) first-quarter 2021 earnings were as they should be. Still, it wasn’t quite enough for investors. General Electric (ticker: GE) shares were down about 2.7% in premarket trading. S&P 500 and Dow Jones Industrial Average futures, for comparison, were both off about 0.1%. The company reported an adjusted profit of 3 cents a […]
RichC | April 14, 2021
Since Ford once-upon-a-time paid a solid dividend, it was one of those stocks I felt comfortable trading in and out of or just sitting on for a while … but after the company suspended the dividend in March of 2020, I had to re-think $F stock. Owning Ford in 2020 and so far in 2021 […]
RichC | October 2, 2020
With Twitter $TWTR stock rising this week and the election around the corner, I debated buying a PUT option, but instead decided I would feel more comfortable in a cash position than wondering what direction the stock will move next time. Years ago I unfortunately picked Twitter as my social network investment and for the […]
RichC | January 3, 2020
As far as one of my biggest investing mistakes goes — buying General Electric ($GE) “after their initial collapse in 2017” – I am hoping this next year “might” be a year of true recovery (pre-posting over lunch on Thursday January 2, 2020)? Of course that is yet to be, but 2019 was at least […]
RichC | October 30, 2018
October is indeed a "scary" month for investors who are still hoping the bull market is not over … and perhaps just slowing? Earning for the most part are still good, interest rates aren’t "scary" high and the economy seems to be chugging along. Most who want work are finding jobs and employers are complaining […]
RichC | January 24, 2018
As GE stock continues getting battered (although a 4.48% bounce back today), quite a few investors have been waiting for the bad news to end and new management direction to bring this huge ship back on course. (I’ve been buying, and selling) It is likely be too soon to expect things to change, but General […]
RichC | November 15, 2017
I occasionally receive emails or comments from friends and acquaintances who know I watch financial markets asking me to share my thoughts on investing. They really want stock "recommendations," but almost always refuse to give advice when it comes to picking and choosing individual companies. For the record, there is always financial risk and the […]
RichC | November 14, 2017
Always interesting when personal stories intersect with financial stories. Roark Capital has made an offer to buy Buffalo Wild Wing Roark Capital has made an offer to buy Buffalo Wild Wings, a source familiar with the matter told CNBC. Roark made an offer of more than $150 per share, the person told CNBC. Shares surged […]
RichC | November 4, 2017
It was a big Friday for Apple iPhone lovers as those who pre-ordered were able to pick up their brand new iPhoneX smartphones … for the insanely high $999 or $1150. Wow, have prices risen for cellphones in recent years (of course so has their function) … and they are back to the price of […]
RichC | October 17, 2017
It’s just a number, but one that is reminiscent of the Greenspan “irrational exuberance” days back in the late 1990s during the dot-com bubble … but the business news media types cheered the mid-day number (yet to see where the market will close). One has to chuckle at as to just how wrong a Nobel […]
RichC | August 31, 2017
As the title and Robert Burns suggest, "the best laid plans of mice and men often go awry." Here are a couple Thursday lunchtime updates. On the upside, the Ford ($F) trades from a week ago continue to pan out and I exited half of my position on Thursday morning to book profits (for those […]
RichC | August 19, 2017
Although the news of late on the political front has been challenging (Trump Admin, Barcelona, Charlottesville, North Korea) the savvy investor/trader can use these moments to put the "risk capital" part of their portfolio to good use. Most who trade have plenty of horror stories where their trades have gone terribly wrong, but usually the […]
RichC | July 12, 2017
From a shareholder perspective we know investors seem to like Ned Segal – share price is up significantly after the announcement. From a Twitter USER perspective, we don’t even know him – Segal isn’t active on Twitter. Twitter Inc (NYSE: TWTR) confirmed Tuesday the appointment of Ned Segal as the company’s next chief financial officer. […]
RichC | September 23, 2016
While Twitter shareholders seemed to like the rumor of Salesforce.com showing interest in $TWTR, those holding shares of $CRM are not quite as enthused. This has happened before so we’ll see if there is any real substance … OR if others might be interested? Google??? Salesforce.com Inc. is considering a takeover of Twitter Inc., according […]
RichC | August 18, 2016
If I were a bit more savvy and listened to my own advice, I would have traded Twitter ($TWTR) for a few dollars this week. On a downgrade to a SELL by Evercore ISI analyst Ken Sena, shareholders listened and poured their sell orders onto the exchanges after seeing shares climb the last few days […]
RichC | April 29, 2016
It has been a rough couple of days for Apple ($AAPL) shareholders as growth this past quarter was elusive. Most blame the global economy, and in particular China, for the weak quarterly numbers. It does remind me of late 2012 and 2013 when analysts questioned whether management had lost their way. The same is happening […]
RichC | February 20, 2016
Time to keep an eye on this small company … really hoping it can keep promises and start producing a $6800 three wheeled car without too many hiccups. Shares will be traded on the OTCQX under the ticker ELIO according to a press release. PHOENIX, Feb. 19, 2016 – Elio Motors, Inc. (OTCQX: ELIO), […]
RichC | July 13, 2015
Back in mid-2011, Netflix management frustrated their users by splitting their DVD and streaming services. They upped subscriber subscriptions by 60% in some cases and created a flurry of cancelations. The CEO, Reed Hastings, came out publically and admitted he “messed up.” He was of course responding to both angry users and the shareholder who […]
RichC | October 15, 2014
Will the Apple event on Thursday do much to ease the pain $AAPL shareholders are feeling in Wednesday’s afternoon sell-off? Share prices dropped over 3% in the last couple of days with today taking the biggest dive. The expectation is for an iPad mini 3 an improved iPad Air with the new A8 64-bit chip, […]
RichC | June 16, 2014
While keeping tabs on a hedge fund analyst and his comments over at Seeking Alpha, I read a little bit on $WPRT and the recent management change and where they still in relation to their “natural gas vehicle/truck conversion” peers. Having watched my shares lose value this past year, I’ve been wondering why Westport hasn’t […]
RichC | January 22, 2014
Although I’m pretty conservative when it comes to investing and stocks, I do pay attention to the occasion stock tip when it comes from business people I respect. One fellow I know who attends shareholder meetings and get to know the interworking of companies has taken a substantial position in Hyperdynamics Corporation. I’ve added a […]
RichC | August 13, 2013
New devices, September dates, bigger screened iPhones, Carl Icahn taking a position in $AAPL stock. As the Mazda ad goes … zoom, zoom. Reportedly, Apple Inc (AAPL) will unveil its much anticipated next generation iPhone on Sep 10. The device tentatively called iPhone 5S (can be 6 also) is rumored to feature a larger screen, […]
RichC | August 8, 2011
Oh to have had the wisdom of a Glenn Beck … and have listened to his analysis of how foolish it was to have believed in an economic recovery? He continued to recommend investing in gold as a safe haven from the upcoming financial meltdown. Of course one would think that as someone who watched […]
RichC | February 25, 2010
While waiting for the expected Palm webOS 1.4 anticipated update, I’ve been thankful not to have invested in PALM stock after last years new products. As more and more competitors jump into the smartphone market and take the limelight off the Pre and Pixi phones, the concern is over the profitability (and survival) of the […]
RichC | March 13, 2009
Although I don’t spend every moment watching the stock market as an indicator of our economic woes, I do feel the pain when it comes to paying for college and saving for retirement. So I can’t help but take a breath while noticing the averages rise a bit over the last few days. That said, […]
RichC | December 22, 2008
The drugstore sector stumbles at the market open on Monday after Walgreen’s (WAG) announced that their profit fell 10 percent in its fiscal first quarter. Traders responded with selling shares even after acknowledging the shortfall was due to “the costs opening more than 200 new store.” The company answered the loss with a plan to […]
RichC | October 6, 2008
The financial crisis is rippling around the world and that fear is being reflected on Wall Street as the DJIA dropped a full 800 points during trading on Monday, although recovered somewhat to close off only 370 points at 9955.50. Almost all stocks took a beating again today shrinking all who invest for college or […]
RichC | May 3, 2008
Microsoft released a letter from Chief Executive Steve Ballmer on Saturday that he sent to Yahoo CEO Jerry Yang saying that Microsoft was willing to raise its offer to $33 a share for Yahoo, but Yahoo demanded at least $4 per share more; $37/share. (the Monday share price for Yahoo will be interesting) “Despite our […]
RichC | October 1, 2007
The stock market had a solid day of gains today with the Dow Jones Industrials up 190+ points and setting a new record, but not all segments were stellar. Hardest hit were the drugstore chains as that segment suffered heavy selling pressure. Three of the leading companies that I track and trade were down significantly […]