From Copperwire:
NEW YORK, April 14 (Reuters) - Speaking after the U.S. stocks suffered their biggest one-day point loss ever on Friday, top investment strategist Abby Joseph Cohen struck an optimistic tone and said equity prices are likely to rise from current levels. Speaking on CNBC, the Goldman Sachs analyst said the U.S. economic expansion is "far from over" and forecast that corporate profits will still go up.
"I think what we have seen (today) is very much a market event rather than an economic event," Cohen said. "As we take a look at out expectations for earnings, economic growth and so on, really nothing has changed over the past two weeks."
Cohen, who depressed stock prices recently by trimming the proportion of assets she advises clients to keep in stocks, said corporate earnings reports may provide investors with comfort.
"To the extent that the market is now lower, we think that there's a higher price appreciation likely from current levels." Cohen said companies in the financial services, pharmaceuticals and global cyclical sectors offer good potential buys.
REUTERS End article.
It seems that in the late part of last year and the first couple of months of this year on the OTCBB we saw the high rise of many stocks. This could have been deceiving to many people espescially the ones looking at the OTCBB for the first time, or the market in general for that matter. It was almost as if you could place a bunch of tickers on a roulette wheel, spin it, and whatever ticker it landed on, would be a good mover. Well, before that many of us had to actually do some research into companies that may be potential movers.
We bought a crystal ball in hopes that we may be able to see into the future. But up to this point it remains a very pretty and shiny object that looks good on a table, and that's about it. (We marked this item off on the list of unusable tools for market tracking) Until the crystal ball starts working we find ourselves having to go back to the tools we utilized before. We are sure that TCW readers have many great places that they do research and we thought we would share some of the places that we like to do research.
For reading company filings, looking for insider activity or who the substantial shareholders are the links below come in handy for us. A company?s filings can reveal much. www.freeedgar.com www.edgar.com
For reading a brief company profile: www.yahoo.com www.excite.com
For reading charts on a particular company: www.bigcharts.com www.clearstation.com www.stockpoint.com
We like to look at the company?s website, if they have one.
We like to call the company.
Search engines for doing any searches related to topics on the company; this could bring up articles related to the company. We like to look at other companies that may be in the same business also. www.altavista.com www.excite.com
Sometimes you can see additional information on a particular company on the OTCBB here: www.otcbb.com
We like to read the business sections of newspapers, or similar magazines and publications relating to investment opinion or information.
Also we like to find out where the company is located and do a search for any publications that could be related to the company in their regional area i.e. local newspapers that may publish online.
*And we like to look at the company?s past press releases.
The above represents only some of the things we like to look for and does not encompass all the factors that probably should be looked into when researching a company. This is only our opinion, you should seek the advice of qualified professionals before making any investment decisions. Please read below, our disclaimer.
You can read any ** SEC Section 17B Disclosure statements in our Disclaimer.
TheCopperWire editorial contributors are made up of high- risk tolerant investors, this FREE service is intended for individuals of the same nature.
Please read! ?It is our belief that one of the only true freedoms that anybody really has is the freedom to have an opinion. Don?t give up this freedom. TheCopperWire (TCW) comments and profiles are our opinions, you should have your own opinions??
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By becoming or remaining a member of TheCopperWire you will have agreed to the following disclaimer. Disclaimer/Disclosure: This newsletter is intended solely for entertainment and informational purposes. No information in this newsletter is intended as advice and should not be construed as such. TCW and its associates believe to be compliant with SEC guidelines, and will keep up-to-date with all SEC regulatory changes whenever possible in order to stay in compliance with directives. All investment decisions should be reviewed by a qualified professional. Any statements made are our expressed opinion only and should be treated thusly. TCW will not give advice of any type regarding the buying, selling, holding or any processing of any security/financial transaction. Therefore any statements or opinions made by TCW should not be taken as advice. We are not associated with the Securities and Exchange Commission (SEC), a registered Brokerage Company, or any of the foreign or domestic Stock Exchanges. TCW is not a financial advisor.
Any subscriber to this service agrees to forfeit any and all liability against owners/operators/editors of TCW for any information received. We are an informational idea research service for high-risk tolerant individuals and any information given should not be considered as an offer or recommendation to buy or sell securities and does not include analysis of said companies financial position. The information comes from an array of many sources with no guarantees of accuracy or reliability. Therefore we are not liable for any losses or damages, monetary or otherwise, resulting from the use of their services. None of our associates are liable for inability to disseminate information due to problems arising from various email networks or distribution protocols.
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At times TCW and/or associates, affiliates of TCW may be compensated for use of its network and its services. TCW will always disclose any compensation received relating to any company that is profiled herein. At times TCW or its affiliates and/or associates will be compensated in shares of the profiled company. Please be aware that TCW intends to sell part or all of these shares in the event that the shares appreciate in value.
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TCW and/or its associates, affiliates will not advise when it intends to sell and will not offer an opinion as to when others should sell; readers should make that decision based on his or her opinions.
Individuals should investigate and fully understand all risks before investing. Be further advised that Companies mentioned herein may carry an investment risk, and should be considered highly speculative. Investing in securities could result in the loss of part or all your money. TCW profiles are meant for high-risk tolerant people and not the general public.
Information within TheCopperWire newsletter contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or by statements indicating certain actions "may," "could" or "might" occur.
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