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Archive for November 5th, 2008

Posted by Martin November 05, 2008

AFAM filed positive 3Q results today, 63% better than expected

AFAM filed positive 3Q results today, 63% better than expected

AFAM, the provider of home nursing care services filled its Q3 earnings today 63% up over the expectations and it rallied back to $49.51 a share from its yesteday sell off. Sales rised up 84% which is quite a good result in todays economy. Volume is raising as well and even though the stock’s rally Continue reading →

Posted by Martin November 05, 2008

Is Dow heading to 4000 points?

Is Dow heading to 4000 points?

Today I have read Jon Markman’s commentary on a crisis. In his paragraph “A Credit crater too big to fill?” he writes that Dow Jones can easily sink down to 4000 points level, because of the weak economy which can not be fixed by election itself. Wow. Is he serious? He provides calculations why he Continue reading →