20 Stocks
Future looks positive for VeraSun Energy
VeraSun Energy (VSE: 5.69 +0.16 +2.89%) has released 4th quarter and year end results and the verdict is mixed. Results were better than estimates with the company coming out with a positive 4¢ per share vs. the estimated loss of -2¢. It is too the company’s credit that they can stay profitable in this difficult [...]
Still lots of growth for Gigamedia
Yesterday the market took off, Gigamedia, Ltd. (GIGM: 11.96 +0.47 +4.09%) released earnings slightly above estimates and the stock was hammered down over 6%. It is always interesting to see the short term reactions to a single number. The bad number was that year over year quarterly earnings were up only 8%, even though the [...]
Two Interesting Earnings Reports this Week
Two companies that I follow with decidedly different recent histories report earnings over the next couple of days. I will be following the result with great interest. As always I am hoping for a positive surprise, but I find it impossible to forecast what the market will do in the short term.
Tomorrow (3/11) Gigamedia [...]
Thornburg Mortgage getting squeezed out of business!
Well, it appears the little guy, Thornburg Mortgage (TMA: 0.42 +0.08 +23.53%) is being squeezed out of business by the holders of its reverse repurchase agreements. TMA filed yesterday that J.P. Morgan Chase will exercise its rights to seize the collateral because Thornburg has not come up with an additional $28 million for margin requirements. [...]
What the heck to do with Thornburg Mortgage
Every time it looks like Thornburg Mortgage (TMA: 0.42 +0.08 +23.53%) is back on track to profitability, it gets whacked by more bad news. Last week they announced they had to cough up $300 million to meet margin requirements. Today, they are on the hook for another $270 million. They do not have the cash!
The [...]
