Blackberry’s Earnings Results and the Need for Due Diligence

Blackberry (BBRY) reported a revenue decline of 64% year-over-year, a decline of cash on hand, and a non-GAAP loss per share of 8 cents. That loss was much smaller than expected, causing the stock to rise in pre-market and Friday trading. On a GAAP basis, the...

Oculus, Facebook, Himax, and Timing: When Luck is at Play

Oculus has become a crowdfunding victory. Originating on Kickstarter and quickly growing steam amongst techies, the VR device gained enough momentum that Facebook (FB) finally acquired the company for $2 billion yesterday as its first foray into wearable computing....

The Market’s Many Reactions to the FOMC Meeting

On Thursday, Janet Yellen had an important meeting about the Fed’s monetary policy and the future of the QE taper, which is likely to continue at its present pace until the Fed is no longer buying bonds at the beginning of 2015. Also significant was her statement that...

On Due Diligence and Avoiding Value Traps

The recent crisis in Ukraine has caused some short-term volatility and investor concern, but when there is panic there are always value investors looking for an opportunity. The idea is that panicked sellers offload valuable assets, driving their prices down, but...

Between Earnings, Macro in Focus

We’re in between earnings seasons, so analysts and investors are focusing much more on the macroeconomic environment, and with enough concern to cause a big of a dip on Thursday, which was bought Friday morning. Next week, there are a few macroeconomic and...