Articles Written by:    WORD ON THE STREET     

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Airlines Up on Lower Oil, Financials Next?

With the price of oil down significantly – at latest check, crude oil futures closed lower by $5 to $131.83, airline stocks on average rose between 10% to 20% during Thursday’s session, pretty astonishing on a percentage basis with a lot of those gains ...

From WORD ON THE STREET, Seeking Alpha,  20 Jun 2008
Related Topics: Wells Fargo

US Airways Insider Buying Is a Good Sign

Whether that will turn out to be just a token gesture remains to be seen. Plenty of other publicly traded companies with depressed stock prices and less than poor fundamentals have seen some insider buying, trying to spur some confidence but to no ...

From WORD ON THE STREET, ETF Investor,  19 Jun 2008
Related Topics: US Airways,  MBIA, Inc.,  Joseph Brown,  General Electric,  Jeffrey Immelt

Pfizer Settles Lipitor Litigation

Fears of Lipitor coming under generic pressure and having to make up the lost sales elsewhere have contributed to a decline to the tune of 23.5% year to date in the stock which is fresh off a new 52-week low of $17.50. For a change, Pfizer is having a ...

From WORD ON THE STREET, Seeking Alpha,  18 Jun 2008
Related Topics: Pfizer Inc.

RadNet Is Up 20% Since Shareholder Meeting

RadNet Inc. (RDNT), an operator of medical diagnostic imaging centers, reported first quarter results in May that were nothing to write home about – the company recorded a loss of $5.5 million, or $.15 per share, due to some one-time costs, however it ...

From WORD ON THE STREET, Seeking Alpha,  17 Jun 2008

Las Vegas Sands Options Volume Raises Attention

Las Vegas Sands Corp. (LVS) rarely appears on an equity options scan, but Monday it did because there were about 14,492 contracts traded, more than three times the daily average of 4,232. Particularly of note was that greater than half the volume, or 8, ...

From WORD ON THE STREET, Seeking Alpha,  17 Jun 2008
Related Topics: Las Vegas Sands Corp.

True Religion Apparel at Record Short Interest

New short interest numbers out, and there is one company that the shorts just seem to continue to pile on; True Religion Apparel Inc. (TRLG). As of the latest date of May 30, there are now 11.67 million shares short, a record level and total that is 8.1 ...

From WORD ON THE STREET, Seeking Alpha,  13 Jun 2008

Options Activity Reflects Continued Trouble in Financial Sector

With June options expiring next Friday, the big money is beginning to plow into July options. The continued brisk activity for the Financial Sector Select SPDR (XLF) is well represented in the puts, mirroring heavy trading in the exchange traded fund’s ...

From WORD ON THE STREET, ETF Investor,  12 Jun 2008
Related Topics: Bank of America,  Citigroup,  Wells Fargo

First Solar Up as Insider Selling Stops

First Solar Inc. (FSLR) is down about 24.5% in the last month but is bouncing up by 3.94% to $253.92 after what has been the longest reprieve from a three month deluge of insider selling since a break in sales between Apr. 22 and May 13. It’ probably ...

From WORD ON THE STREET, Seeking Alpha,  11 Jun 2008

Sun Micro Lowest Since Tech Crash

This type of share performance and unfortunate loss in shareholder wealth is just flat out pitiable. And there is no way you can paint anything but a bleak picture with the recent quarterly report in which earnings were just breakeven and guidance for ...

From WORD ON THE STREET, Seeking Alpha,  10 Jun 2008

Evergreen Solar Hopes for Bullish Response to 'Analyst Day'

Evergreen Solar Inc. (ESLR) is down about 24% since it hit a May 22 high of $12.12 on the back of a slew of solar panel contracts. Though, there is one thing that could stem the tide of losses; the solar power product manufacturer is holding an analyst ...

From WORD ON THE STREET, Seeking Alpha,  10 Jun 2008
Related Topics: Evergreen Solar, Inc.

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