Jay Chernoff
Jay Chernoff's Latest Posts
TPS Position Update – September 25, 2013
September 25, 2013 . . . . Magellan Petroleum (NASDAQ: MPET) – SellIndependent oil and gas company, MPET, is up 15% since being added to our portfolio. That’s not bad for under a year’s return.However, since around April, the stock has barely moved. In fact, it’s roughly traded in a $0.10 range over the last […]
PSB Portfolio Update September 2013
September 19, 2013 Is This The Calm Before The Storm? With everything that was supposed to happen in September, you may have expected a lot of volatility in the financial markets. But it turns out, it’s been surprisingly and relatively calm. You see, September is historically known as an active month for the markets. On […]
TPS Trade Alert – September 19, 2013
September 19, 2013 Recommendation: Buy FuelCell Energy (NASDAQ: FCEL) up to $1.50 per share. Trade Rationale: One of the major themes which will dominate the energy sector for years to come is the push for cleaner, more efficient energy. With higher oil prices, concerns over nuclear energy, pollution from coal, and a general global shift […]
TPS Position Update – September 11, 2013
September 11, 2013 . . . . Overland Storage (NASDAQ: OVRL) – Buy up to $1.20 We had our first big up move in OVRL since we got into the stock. The shares jumped to $1.25 before settling back down into their normal trading range. More importantly, the company recently released earnings and there are […]
PSB Monthly Issue September 2013
September 2013 THIS COMPANY IS ABOUT TO GET A BOOST FROM THE NEXT IPHONE Next week, Apple (AAPL) will unveil its new product(s) to the world. There will be at least one new iPhone added to the company’s prolific lineup of smartphones. That means we’re likely to see a brand new rush to get the […]
TPS Trade Alert – August 30, 2013
August 30, 2013 Recommendation: Buy Quicksilver Resources (NYSE: KWK) up to $1.85 per share. Trade Rationale: The last recession, which we are still feeling the effects of, changed the way consumers view gas prices. These days, even if crude oil rises, gas prices haven’t necessarily been following suit. You see, as gasoline prices rise, demand […]
TPS Position Update – August 28, 2013
August 28, 2013 . . . . Unwired Planet (NASDAQ: UPIP) – Hold Just a quick update on UPIP for those of you still holding the stock. The company has a Rights Offering coming up in the next couple weeks, which basically gives shareholders the chance to buy more shares for $1.66. Since the shares […]
TPS Position Update – August 20, 2013
August 20, 2013 . . . . First Marblehead (NYSE: FMD) – Hold Well, I didn’t see that coming. Of course, judging by the reaction of investors, no one saw it coming. In case you didn’t see the news, the IRS – who is currently auditing FMD – believes the company incorrectly handled the transactions […]
PSB Portfolio Update August 2013
August 15, 2013 What’s Next For The Market? Well, it’s something of a surprise, but it’s been a pretty uneventful month in terms of the financial markets. Now, the summer is usually slow. But, it seemed like this could have been a busier period than usual. Nevertheless, stocks have done very little over the past […]
TPS Trade Alert – August 14, 2013
August 14, 2013 Recommendation: Buy Ceres (NASDAQ: CERE) up to $1.80 per share. Trade Rationale: In the short to medium-term, natural gas is the most likely candidate to replace gasoline as our main fuel source. After all, it’s a lot cheaper, cleaner, and more domestically abundant than oil. However, natural gas doesn’t solve our long-term […]