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Rodman & Renshaw Downgrades PIP To Underperform
Tuesday, January 4, 2011 - 9:25am | 103Read More...Rodman & Renshaw has downgraded shares of PharmAthene, Inc. (NYSE: PIP) to Underperform from Market Perform, and has set a price target at $2.50. Rodman said that it believes the best-case scenario outcome of an ongoing lawsuit is already priced into the stock, adding that PharmAthene is more...
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James Altucher Says Giant Interactive Is The Cheapest Stock In China (GA)
Tuesday, December 21, 2010 - 4:40pm | 286Read More...James Altucher has written an article on Giant Interactive (NYSE: GA), and has called it the cheapest stock in China, based off financial metrics. Altucher is long GA and gives reasons why he thinks it's a double from here, and why he is long the stock. Altucher notes that the company has $860...
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Benzinga Readers Sign Up For Trader's Expo
Monday, October 25, 2010 - 11:40am | 63Read More...If you are interested in attending the Trader's Expo in Las Vegas November 17-20, Benzinga readers can register for the event using this link. Some of the speakers attending the expo are James Altucher, of Formula Capital, Matt Davio, Dr. Bart DiLiddo of Vector Vest, and many more.
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James Altucher Says Doom & Gloom Crowd All Wrong
Wednesday, October 20, 2010 - 2:50pm | 207Read More...James Altucher was interviewed by Aaron Task and Henry Blodget, and Altucher said that the doom & gloom crowd, people like Dr. Nouriel Roubini, are wrong, and have been wrong for quite some time regarding their outlook on the markets. Our brains are hard-wired to look for danger," Altucher says...
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PIP Continues Like A Runaway Freight Train (PIP)
Monday, October 18, 2010 - 1:33pm | 71Read More...PharmAthene, Inc (NYSE: PIP) continues its impressive run, gaining more than 45% today. Volume has been nothing short of tremendous the past few days, having traded more than 28 million shares today. The average volume has been a little over 50,000 shares. James Altucher wrote an article last...
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A Shooting Star (CIGX)
Monday, October 18, 2010 - 12:32pm | 87Read More...Shares of Star Scientific, Inc. (NASDAQ: CIGX) are starting to really move, gaining more than 6%, after James Altucher mentioned the stock positively. Last week, Altucher mentioned that the company has a pill that cures Alzheimers. Star Scientific, Inc., together with its subsidiaries, engages in...
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There's Some Pep In This PIP (PIP)
Friday, October 15, 2010 - 10:26am | 73Read More...Shares of PharmAthene, Inc. (NYSE: PIP) are up another 10% today, after having strong gains the past two days. James Altucher, president of Formula Capital believes the stock could go to $20, if it wins a potential legal battle against a competitor. To read Altucher's thesis on the stock, please...
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I Haven't Heard A Single Bullish Idea On The GM IPO, And Maybe That's A Good Thing (GM)
Thursday, August 19, 2010 - 11:45am | 369Read More...Aaron Task interviewed James Altucher regarding the General Motors initial public offering (IPO), and Altucher went to say that this is a political event, and to stay far away. During the interview, Altucher said, "But it's zero interest to me. In terms of just mental energy I wouldn't spend it...
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Kingold Jewelry To Be Listed On Nasdaq; James Altucher Bullish On The Stock (KGJI)
Wednesday, August 18, 2010 - 3:09pm | 189Read More...Kingold Jewelry (OTC:KGJID), which is a Chinese manufacturer of 24k gold jewelry, said on Tuesday that the NASDAQ stock market has approved the listing of its common stock on the NASDAQ Capital Market. The shares had previously traded on the OTC market. The stock began trading on NASDAQ today under...
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James Altucher Believes Kingold Is A Winner
Tuesday, August 3, 2010 - 11:29am | 168Read More...In an article on SeekingAlpha, James Altucher said although he hates investing in gold/GLD, there is one gold stock that he has been buying and is excited about as it plays on multiple “tidal-wave-sized demographic trends.” James believes that Kingold (OTC: KGJI), which is the leading designer and...
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James Altucher Names Three Stocks That Have Better Prospects Than AAPL This Summer
Tuesday, July 13, 2010 - 3:56pm | 376Read More...In an article on The Wall Street Journal, James Altucher said that although Apple (NASDAQ: AAPL) is the greatest company ever, the iPhone 4 antenna problem is causing headline risk for its shareholders. On top of this, there is the possibility that Google’s (NASDAQ: GOOG) Android-powered phones are...
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Altucher Believes It’s A Bad Time To Buy Gold
Monday, July 12, 2010 - 12:16pm | 495Read More...In an article on the Wall Street Journal, James Altucher cautioned traders against buying gold at current levels. His recommendation comes at the time when everyone is pushing for gold in order to hedge against economy, market and even family troubles. James pointed out that gold touched its peak...
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S&P To Touch 1500 (IP)
Wednesday, July 7, 2010 - 3:40pm | 121Read More...US stocks finally broke their losing streak and rebounded. Technology and financial stocks are doing well. James Altucher, managing director at Formula Capital, told CNBC that the S&P 500 is likely to touch 1500. He said that he expects to see about $80 in S&P 500 earnings. He also claimed...
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James Altucher Says Thinks Stocks Are Headed To New Highs
Tuesday, July 6, 2010 - 10:47am | 123Read More...Despite the steep declines in the stock market over the last couple of months, there are still some investors that remain very bullish. James Altucher, of Formula Capital, said that he thinks stocks are headed back to all-time highs. He said, “The S&P 500 should go back to all-time highs in...
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Derivative Plays On iPhone 4 (AAPL)
Monday, June 28, 2010 - 12:13pm | 197Read More...According to a Wall Street Journal article written by James Altucher, Apple (NASDAQ: AAPL) doesn't always reveal all their component suppliers to their iPhone products. Brian Blair of Wedge Partners, however, has ripped apart the new iPhone to identify the device's suppliers. Here They Are: -...
