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Nortel goes POP at the open!

So yesterday, last week AND the week before I stated that Nortel cannot go bust. The price at which I began to follow the fall was around 0.50/share and felt that 0.24 was a comfortable bottom. Well the bottom touched yesterday at 0.22/share and then just rocketed up to 0.32/share!! Tell me a gain of [...]

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Citigroup Update!

Okay, some late news has just come out and I wanted to it post here…Citigroup has been given protection on $300 billion in loans and also $20 billion cash from the government. As the story is developing, you can search for in depth coverage off the wires as more clear information comes about. Basically this [...]

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Post Rally, Weekend Update…

A surprise to me in some aspects, a late day Friday rally pumped some new money into the markets. Although many of the larger companies are still seeing skids towards lower prices, Friday was similar to an effect where a ball hits the ground and there is a small rebound before it falls again and [...]

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