Archive for: September, 2008

Washington Mutual is in a Rough Place

Hi Lou,
Keep up the great work! Lou could you please give me your thoughts on Washington Mutual WM. Since it looks like they may get bought out.
Thank-you
Steve
Hi Steve,
Thanks for the encouragement! Washington Mutual Inc., WM NYSE is in a rough place. Today they had their debt rating cut again sending their debt to the lower [...]

Bailout Bigger than S&L Crisis

Hi Lou
I really look forward to your reports on AM640
Is the possible US Government financial bailout much more serious than the one that took place during the saving and loans crisis? If so why?
Looking forward to your comments.
Regards
Paul
Hi Paul,
To my thinking the Resolution Trust Corp was handed damaged mortgages and institutions to patch up and [...]

Petrostar MACD Doesn’t Support Trend Reversal

Hi Lou
I e-mailed you and asked about PEP and appreciated your response. I decided to speculate on this company based on the fact that they are in the Bakken. They have drilled in the area and according to NR’s they have a discovery well.
Since releasing this news they are testing their two initial wells under [...]

Coal has a place, but value being shred

Hello Lou,
I notice that almost all of your e-mails are from men. I hope that you are not going to be intimidated by this tall, adorable and intelligent Russian lady investor!
It seems that the coal stocks have taken quite a beating lately. I understand that Phoenix Coal (PHC TSX) has utility companies as its clients, [...]

Breakout for Wal-Mart as Uptrend Confirmed

Wal-Mart has had a nice breakout in 2008 as consumers made their way to the discounter to get the most bangs out of their paychecks.

Capitalism is Dead! Long Live Capitalism!

Well the AIG situation has unnerved some, rattled others, and sent some right round the bend. Here is an email I received today by someone who clearly has lost touch with reality. But you be the judge.
CAPITALISM IS DEAD!!!! CAPITALISM IS DEAD!!!!!
need i say anymore?
the big corporates now belonging to the people!
seems like your capitalism [...]

Progress at the Lab Bench Doesn’t Equal Profits

The last 8 years for Bioniche Life Sciences Inc., BNC TSX, has really required an active trading strategy to capture what value was available at certain times. It hasn’t been a buy and hold stock.

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