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Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected. - George Soros

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Entries Tagged ‘Cerberus Capital Management’

GM and F, two bankrupt small caps, will be kicked out of the Dow soon.

The funny thing about this is, by kicking out all the companies I recommended they kick out a year ago (AIG, GM, F, C, BAC) AFTER they drop to near zero, they keep the Dow vulnerable to further losses. It becomes a rotating equity flushing vortex.
Also more layoffs coming on the way…
Automaker failure could [...]

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Stocks Rise Amid Buyout News

Stocks Move Higher Following Buyout News, Earnings Reports
NEW YORK (AP) — Stocks rose in early trading Monday after a fresh round of buyout news offered evidence that Wall Street’s penchant for dealmaking hasn’t disappeared.
Stocks partly rebounded from a sell-off Friday after Transocean Inc., the world’s largest offshore drilling contractor, and rival GlobalSantaFe Corp. said Monday [...]

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