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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Gold’s quiet comeback, look to AUY and others

Stockmasters Staff (July 10th, 2008) Writes:
Yamana Gold Inc. (NYSE:AUY) is a favorite of the Masters and with shares at $13.84, its worth a look. Gold has inched its way back up to over $900 an ounce thanks to a tanking stock market. Thanks to Yamana's developing Chapada mine in Brazil, the company lowered this year's production forecast after ...

Steel is on sale: Nucor, Cleveland-Cliffs and more

Stockmasters Staff (July 3rd, 2008) Writes:
Nucor Corporation (NYSE:NUE) is down 14% in the last 5 days and Cleveland-Cliffs Inc (NYSE:CLF)  down 17% since Monday.  All thanks to speculation and a Bloomberg article and down the big boys go.  Today, those stocks are being bought back in a hurry, gitty up Masters. Even United States Steel Corporation (NYSE:X) took a 15% hit this week. Hate your ...

Possible Bounce Plays for Friday

Stockmasters Staff (June 27th, 2008) Writes:
NotableCalls has a list of solid companies out this morning that have been kicked hard in the gut and could bounce back sooner than later.  The Masters agree with lineup, so let's get to it Bruce. Bounce time? Very little to report today. I generally feel the market is due for a bounce here. I see some hot shot market commentators throwing in the towel this AM, which leads me to believe we are pretty close to a bottom. - PetroBras (NYSE:PBR) is getting positive comments from Deutsche Bank this morning with the firm upping their tgt to $95. The stock is also being added to Morgan Stanley's Model Portfolio. Worth a look. - Research in Motion (NASDAQ:RIMM) is trading down again, now hovering just below $120 level in pre mkt trading. CSFB was out with ...

Liam Mulcahy, the plot thickens (MVIS)

Stockmasters Staff (June 24th, 2008) Writes:
Liam Mulcahy pictureCLUSTERSTOCK.com: Was Microvision (MVIS) Hatchet Job on Seeking Alpha Illegal Stock Manipulation?  SeekingAlpha has pulled the article. Oops. The Masters just covered this story yesterday: SeekingAlpha.com and 'Liam Mulcahy' bring down Microvision (MVIS) Here's the scoop from CLUSTERSTOCK.com: Yesterday, Microvision (MVIS) plunged almost 12% because of a critical article written on the financial blog aggregator Seeking Alpha. Barron's: Microvision (MVIS) shares are sharply lower this morning on a highly negative post about the company... Microvision is developing pico projectors...The post asserts that Microvision’s own projectors, known as The Show, continue to fall behind schedule, and that Microvision is facing a cash crunch. Well, guess what? The article is gone today. Replaced with this message: This article has been removed, pending investigation of claims of material inaccuracies. See Seeking Alpha's policy for disputing an article. The article's author, a "Liam Mulcahy," said he worked ...

Barron’s talks up Onyx Pharmaceuticals (ONXX)

Stockmasters Staff (June 23rd, 2008) Writes:
The Masters haven't mentioned Onyx Pharmaceuticals Inc (NASDAQ:ONXX) in a long time, since our 100%+ gain with our Master Picks Newsletter.  Barron's is jumping on the bandwagon now that shares are down to $33.  Can Nexavar, Onyx's cancer drug take the company and stock back into the spotlight? Onyx Pharmaceuticals Inc's (NASDAQ:ONXX) cancer drug has bright potential in treating several forms of the disease and could raise the biotech company's shares, according to a report on Sunday in Barron's (Paid portion only, thus no link provided). With sales of its drug Nexavar, now approved to treat kidney and liver cancer, expected to hit $1 billion next year, Barron's said one health-care investor is looking for earnings of $1.93 per share, and valuing the stock at $65 to $75 per share....

The DOW hits 12,000: The Bottom is almost here

Stockmasters Staff (June 18th, 2008) Writes:
Don't believe it, think stocks will keep falling?  We called it at 13,000.  Thanks to the U.S. Congress throwing their weight around trying to bring down the price of oil, we have a great catalyst to push the DOW back up.  You think CEO's and Wall Street analysts hate being wrong, think of the ego's on Capital Hill being beat down?  Very soon Masters, we will rally, just you wait. Liberity and Justice for All! Time to put that shopping list together again, best of breed stocks. Today (6/18/08) Bush is even saying to lift our long-standing ban on offshore ...

Icahn’s getting his way, Buy MSFT today

Frank Lara Jr. (June 6th, 2008) Writes:
By Associated Press SAN FRANCISCO (AP) - Dissident investor Carl Icahn escalated his attacks on Yahoo Inc.'s beleaguered board Wednesday in an acerbic letter demanding the directors scrap an employee severance plan that drove up the potential costs of a Microsoft Corp. takeover.If Yahoo's board clings to the severance plan, Icahn indicated he will follow through on his 3-week-old threat to ask shareholders to fire the board at the Sunnyvale-based company's Aug. 1 annual meeting. That move would also target Yahoo Chief Executive Jerry Yang, who co-founded the Internet pioneer 14 years ago and pushed for the adoption of the severance program. The plan could trigger $464 million to ...

Thank you Wal-Mart, told you so

Ted Gottsegen (June 5th, 2008) Writes:
Just last week I wrote Times are tough so go with Wal-Mart, easy money with a 6% gain since last Tuesday. Wal-Mart Stores, Inc. (NYSE:WMT) shares are up 3% today and taking the DOW up 100 points.  It pays to read the Masters. Wal-Mart Stores Inc. (WMT), which reported a 3.9% jump, excluding fuel, in U.S. same-store sales - double the high end of if its flat to up 2% forecast. Namesake stores posted 4% growth and Sam's Club had a 3.6% increase. Even Wal-Mart's homegoods sales, which ...

More Recession fear thanks to Soros

Stockmasters Staff (June 3rd, 2008) Writes:
Billionaire investor George Soros said an oil price bubble is working with fundamentals in the market that may lead to a recession in the world's largest economy. Use caution Masters, the impact of the press and Soros can move things. The story from Bloomberg: ``The rise in oil prices aggravates the prospects for a recession,'' Soros said in testimony prepared for delivery today to the Senate Committee on Commerce, Science, and Transportation. ``The bubble is superimposed on an upward trend in oil prices that has a strong foundation in reality,'' he said. ``To be sure, a ...

Is $130 oil a bubble?

Eric Cheshier (May 27th, 2008) Writes:
It's a case of the Tuesdays today Stock Masters. Passing on this great article from cnn money on $130 oil. After reading this I'm thinking maybe it's time to check out the UltraShort Oil & Gas ProShares (Public, AMEX:DUG)? Some say no. They say unlike the tech and real estate bubbles, there's no overabundance of supply. Others say these high prices are not sustainable. Big investment funds are putting money into oil futures as if Saudi Arabia's spigots will run dry tomorrow. At the same time, the supply of oil and the demand for it hasn't changed much in the last year. So it raises the question: Is ...

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