Jay Chernoff
Jay Chernoff's Latest Posts
TPS Position Update – April 16, 2013
April 16, 2013 . . . . First Marblehead (NYSE: FMD) – Hold FMD has been on a nice run lately. The credit services company is trading at $1.15… a 31% increase. That’s a solid 6-week gain for us. There’s not a whole lot of news out on FMD. The recent gains are mostly related […]
TPS Trade Alert – April 11, 2013
April 11, 2013 Recommendation: Buy Axcelis Technologies (NASDAQ: ACLS) up to $1.35 per share. Trade Rationale: The semiconductor industry is amazingly complex. There’s a whole lot more that goes into creating semiconductors than meets the eye. In particularly, there’s an entire industry based around semiconductor equipment. Wafers can be a heck of a lot more […]
PSB Monthly Issue April 2013
April 2013 THIS TECHNOLOGY COULD LAUNCH YOUR PROFITS TO NEW HEIGHTS These days, you can find mobile phones just about anywhere you travel. And if not, land-based phone lines are still just as useful as they’ve always been. However, there are still several areas of the world that have no access to traditional forms of […]
TPS Position Update – March 26, 2013
March 26, 2013 . . . . Gleacher & Company (NASDAQ: GLCH) – Sell We originally bought GLCH because it was a strong acquisition target. The company had put itself up for sale and seemed to be a good candidate for a buyout. When the company recently took itself off the market, we thought it […]
PSB Portfolio Update March 2013
March 21, 2013 Will The Small Cap Rally Continue? For stock investors, March has been a strong month. The S&P 500 is up 2% since this time last month. And small caps have done slightly better, up 2.3% over the same period. Despite the volatility brought on by Europe (does anyone even know where Cyprus […]
TPS Trade Alert – March 20, 2013
March 20, 2013 Recommendation: Buy Iteris (AMEX: ITI) up to $2.00 per share. Trade Rationale: When it comes to driving, what’s the first negative thing you think of? For most people, it’s traffic. How many times have you been stuck in traffic on the way to or from work, wondering how much time you’re wasting […]
TPS Position Update – March 13, 2013
March 13, 2013 . . . . Rite Aid (NYSE: RAD) – Sell The country’s third largest drug chain, RAD, has been a solid performer for us. At the time of this writing, the stock’s up 46%. Let’s go ahead and cash out here and collect the nice gains. RAD’s been on a good run, […]
PSB Monthly Issue March 2013
March 2013 THIS MONUMENTAL BILL WILL LEAD TO HUGE PROFIT POTENIAL In late February, New Jersey Governor Chris Christie signed a bill to legalize Internet gambling within the borders of the state. Make no mistake, this is a huge deal. While the bill will directly impact the state’s nine million residents, it also opens the […]
TPS Trade Alert – February 28, 2013
February 28, 2013 Recommendation: Buy First Marblehead (NYSE: FMD) up to $1.15 per share. Trade Rationale: As the housing market recovers, the rash of mortgage defaults appears to be slowing down. More and more people are qualifying for home loans. And, bad loans from the housing bubble days have been written off. However, while the […]
PSB Portfolio Update February 2013
February 21, 2013 Is There Volatility Ahead? The past month has been generally good to stock investors, both large cap and small cap. The S&P 500 is up 2% over a 1-month period. And, small caps, as measured by the Russell 2000, have done even better. The Russell is up 2.5% over the same timeframe. […]
