Posted by Davy on April 17th, 2008 in Stock Research
Mystery solved: Horizon Lines Served With Warrants & Subpoena RE: Antitrust Investigation Details are scarce but my first instinct is that this is may not be as bad as it sounds. Of course, my feelings mean nothing until more details about the investigation are released. With HRZ’s heavy debt load and a large (and unbudgeted) capex program looming, it may be foolish to jump in here until a measure of the seriousness of the investigation is evident. . . An hour before today’s close, Horizon Lines [...]
Posted by Davy on April 16th, 2008 in Market Commentary
The rise in the stock indices today may signal time for relief to some investors but there is a serious warning being sounded in the bond market. Late last year, I published a couple of posts (here and here) noting that some pundits were calling for the 10-year Treasury note to come down to 2.5% [...]
Posted by Davy on April 15th, 2008 in Politics
Michael Shedlock posts a back-handed endorsement of Barack Obama, pronouncing him the best of a bad lot. Anyone following Mish’s blog knows he is a libertarian who strongly supports Ron Paul. What is really interesting is the comments section of this post as his audience mostly denounce and reject his endorsement. I have mentioned before [...]
Posted by Davy on April 14th, 2008 in Stock Research
I recently finished my research on AEO this past week and while I don’t usually post reports or comment on companies in which I have yet to open a position, I wanted to point readers to this bearish post on Seeking Alpha. Ellerd values AEO at $13 per share. I will probably post the report [...]
Posted by Davy on April 11th, 2008 in Market Commentary
General Electric (GE) is the smallest position in my portfolio and I don’t really do much work on it. I’m a big fan of Jeffrey Immelt and think that GE is the quintessential American company, warts and all. But the main reason we own this stock is because my girlfriend was won over by the [...]
Posted by Davy on April 10th, 2008 in Book Reviews, Investment Strategies
AUTHOR: Mohnish Pabrai RATING: 8.5 of 10 REVIEW by Davy Bui 06/15/2007 Select Highlights Very good look at risk as permanent capital loss in the context of time opportunity cost, which I haven’t seen in other books Organic use of “latticework” models to view investing from different perspectives, including even mythology as a way to [...]
