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Friday, May 17, 2013 - 6:53am
Four Things Einhorn, Soros Are Forgetting About Gold Miners ETF
Highlighting fourth-quarter 13F filings with the Securities and Exchange Commission, it was noted hedge fund legends David Einhorn and George Soros held sizable stakes in the largest gold miners ETF, the Market Vectors Gold Miners ETF (NYSE: GDX). To be fair to Soros, during the fourth quarter...
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Tuesday, May 7, 2013 - 1:51pm
Apple Modestly Lower Despite Einhorn's Increased Stake
Shares of Apple (NASDAQ: AAPL), the largest U.S. technology company by market value, are trading slightly lower in early afternoon trading despite news that David Einhorn's Greenlight Capital has boosted its stake in the iPhone maker. On a Tuesday conference call for, Einhorn said, "We've added to...
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Monday, April 15, 2013 - 1:20pm
Einhorn Could Have a Mining ETF Problem
Last week, when shares of J.C. Penney (NYSE: JCP) plunged and rumors about Herbalife (NYSE: HLF) going private surfaced, plenty of folks vilified Bill Ackman's Pershing Square Capital due to the hedge fund's positions in those stocks. Those who enjoy highlighting hedge fund manager trades gone...
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Monday, March 11, 2013 - 12:50pm
Genworth Surges on Barron's Mention
Barron's released yet another self-fulfilling prophecy on Saturday. This time, the beneficiary was Genworth Financial (NYSE: GNW). Barron's noted the roller-coaster ride the insurance company's stock has experienced in recent years. It blames Genworth's lack of stability on the “boom and bust in...
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Tuesday, March 5, 2013 - 10:10am
Warren Buffett's Advice to Apple
What should Wall Street do about Apple? The financial media has opinions. When hedge fund managers discovered that the media is a powerful tool for moving a stock in a certain direction, they were quick to offer their opinions too. But there’s one investor who has a voice that has a way of...
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Wednesday, February 20, 2013 - 3:32pm
Gold's Death Cross Hastens Mining ETFs Death Spirals
The big news out of the gold pits Wednesday is that futures violated the psychologically important $1,600 an ounce level. At this writing, Comex-traded gold is trading just under $1,568 per ounce. Arguably, the bigger news is the technical condition gold's slide has caused. That being the ominous...
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Tuesday, February 19, 2013 - 4:26pm
Top Performing Dividend Payers in Tech with the Most Upside Potential (ATVI, DST, SFUN)
It is not unusual for stocks on a tear to overrun their mean price targets, which is a signal of how far analysts on average expect the share price to climb. Some of the top performing dividend payers in the technology sector over the past six months, such as semiconductor and software maker ARM...
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Friday, February 15, 2013 - 3:52pm
Einhorn, Soros Differ on Gold Mining ETFs
The woes of gold mining stocks and ETFs, in particular the Market Vectors Gold Miners ETF (NYSE: GDX), have been a frequent topic of conversation among traders for over a year now. The story goes like this: Gold miners vexed traders and investors by not rising in unison with gold futures. That much...
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Thursday, February 14, 2013 - 6:01pm
Einhorn's Greenlight Adds Google Shares, Apple Calls
David Einhorn's Greenlight Capital added shares of Google (NASDAQ: GOOG), the world's largest provider of Internet search services, to its stable of holdings in the fourth quarter of 2012, according to a 13F filing with the Securities and Exchange Commission. The filing was made public Thursday...
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Thursday, February 14, 2013 - 5:48pm
Greenlight Capital's David Einhorn Takes Stake in Google
According to his recent 13F, Greenlight Capital (David Einhorn's hedge fund) took a stake in Google (NASDAQ: GOOG) in the quarter ended December 31. Greenlight purchased 63,000 shares of the Internet giant. Shares of Google were little changed in after-hours trading. Einhorn is now pairing his...
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