Huh? Both Parties Are Picking Their Least Electable Candidates?

Jul 9, 2020

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01:13 PM PST

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Happy hump-day, folks.


With the market up again today, we're now squarely back in the middle ground... between a technical rock and a hard place. As long as we waffle in this range, there won't be a whole lot worth talking about. That's why today's edition is going to be a little shorter than usual.


You know what I want to do first though? This isn't a politically-leaned newsletter, for a lot of reasons. That's not going to change today either; you vote for who you want to vote for, and we'll vote for who we want to vote for. I do want to touch on a political subject today, though, not because I care who's winning their presidential primary races, but because there's just such a fascinating disconnect from both party's members.

It's "Wheels Up" for Oakridge Global Energy (OGES), En Route to Maximum Altitude

Jul 9, 2020

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01:13 PM PST

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Good Tuesday afternoon, everybody, or good Wednesday morning for some of you.


We actually don't have a lot to get through today, so this edition should be fairly short and sweet. Let's get the ball rolling with today's most important item, which is a look at last quarter's numbers from Featured Stock Oakridge Global Energy Solutions (OGES).


Just the Beginning

An Important Post-Mortem on SunEdison

Sep 9, 2020

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08:07 PM PST

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Welcome back from the weekend, folks, though I suppose those of you who were hoping SunEdison (SUNE) still had a prayer of digging its way out of its financial quicksand wish the weekend has lasted at least one more day. Geez. With today's post-bankruptcy-rumor 50% pullback, SUNE is now down 99.3% from its July peak. Let's just call it a 100% meltdown, shall we?


In any case, in light of what looks to be the official end of SunEdison as we know it, we want to take some time today and serve up some perspective on the whole idea of yieldco, and talk about what went wrong for SunEdison. Our goal is to restore some faith in the yieldco model itself, even if SunEdison botched it.


In fact, let's just start there today before we get to our usual fare.

Breakout, or Fakeout? Don't Turn Your Back on the Market Yet.

Jul 9, 2020

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01:13 PM PST

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Welcome to the weekend, friends and fellow traders, and for those of you who are college basketball fans, it's a big weekend indeed. This is the weekend the final four teams left in the tournament are whittled down to one national champion. Personally, I'm rooting for North Carolina, but only because the Tar Heels are the only team I picked that's still alive in my brackets. I didn't see any of the other three making it this far. I mean, Syracuse? Really? Then again, Syracuse looks about as good as any other team still in contention right now. We'll see.


In any case, while the market didn't end the week on an explosively bullish note, it ended the week on a pretty darn bullish one, in good position to punch through some major resistance lines. In fact, the NASDAQ Composite DID push its way past a key technical ceiling. Maybe April is going to be a winning month after all.


I'll just come out and say it... I'm on the fence here. The undertow is bullish, and as you're about to read, there's a pretty decent technical argument in favor of stocks right now. That, or we're very close to a very good bullish argument. Nevertheless, as I warned a few days ago, the current situation is a tricky one, driven more by psychology and less by fundamentals. Even the technical clues don't mean a whole lot right now, simply because the psychological gamesmanship that tends to manifest every few months has manifested itself now.

Two Stocks You Don't Want

Feb 1, 2021

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03:23 AM PST

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Good Thursday afternoon, everybody, or for some of you, good Friday morning. Regardless of when you read our newsletter though, we've still got plenty of things to talk about. Today we'll just kick the discussion off with a look at Staffing 360 Solutions (STAF): Did you see the 50% advance STAF had made over the course of the past couple of trading days?


Wow. And, Wow.


In case you missed, here's the deal - a notable small cap research outfit (besides ours) pegged a target price of $6.00 per share on STAF. And, unlike too many other self-proclaimed small cap stock gurus, Greenridge Global Equity Research actually had a very reasonable, rational explanation for the price target and "Buy" rating.

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