The Buzz

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  • Stupid Stock Move of the Day! Nokia up?

    #StupidStock Move of the Day! $NOK still up about 4% on takeover speculation? Come on. Just don't see $MSFT or Samsung pulling the trigger.

    — Paul R. La Monica (@LaMonicaBuzz) June 8, 2012

    Welcome to summer Fridays! Nokia (NOK) takeover rumors seem like your classic case of bored trader gossip. Nokia has been struggling for awhile in the mobile phone market. Its new Lumia phones have been fairly well received but it MORE

    - Jun 8, 2012 3:19 PM ET
  • Stupid Stock Move of the Day! Annie's down?

    #StupidStock Move of the Day! Investors should be hopping mad that $BNNY is down 5% despite strong sales and earnings, don't you think?

    — Paul R. La Monica (@LaMonicaBuzz) June 7, 2012

    Annie, are you OK? Are you OK, Annie? You've been hit by. You've been struck by ... criminally smooth expectations. (I may have just hit a new low in pop culture pilfering there. It was either Michael Jackson or Kyle MORE

    - Jun 7, 2012 3:55 PM ET
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  • Stupid Stock Move of the Day! No Panera sell-off?

    #StupidStock Move of the Day! Was tempted to go $SBUX but yesterday's rally equally dumb. Still, $PNRA flat? Shouldn't Panera be nervous?

    — Paul R. La Monica (@LaMonicaBuzz) June 5, 2012

    Starbucks (SBUX) is getting into the bread business. While the $100 million purchase of La Boulange Bakery in San Francisco is a relatively small deal for the king of coffee, I am a little surprised Panera (PNRA) investors aren't more worried MORE

    - Jun 5, 2012 1:02 PM ET
  • Stupid Stock Move of the Day! Eaton down?

    #StupidStock Move of the Day! Yes, economy is scary. But $ETN, a quality industrial, down 4% on heavy volume? CEO a straight shooter too.

    — Paul R. La Monica (@LaMonicaBuzz) June 4, 2012

    It's understandable that investors are nervous about the global economy. There's a lot of scary news out there. But some of the better industrial companies out there are really taking it on the chin. And it may be an MORE

    - Jun 4, 2012 2:12 PM ET
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  • Stupid Stock Move of the Day! Apple down?

    #StupidStock Move of the Day! $AAPL down 2%? Yes, whole market down. But $AAPL thrived during 08/09 recession. It can handle this slowdown.

    — Paul R. La Monica (@LaMonicaBuzz) June 1, 2012

    Sure, there's no good reason for stocks to be up today. But don't you think Apple (AAPL) has earned the benefit of the doubt? It was not hurt during the Great Recession. And so far, this is not looking like MORE

    - Jun 1, 2012 2:36 PM ET
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  • Stupid Stock Move of the Day! LinkedIn down?

    #StupidStock move of the day! Yes, $LNKD is insanely expensive. But why down 5% today? Still a better growth story than $FB if you ask me.

    — Paul R. La Monica (@LaMonicaBuzz) May 31, 2012

    I try not to drink the tech Kool-Aid too often -- although I did work at Red Herring in 2000 and 2001  (Remember those magazines that were the size of phone books ... that were soon replaced MORE

    - May 31, 2012 2:01 PM ET
  • Stupid Stock Move of the Day! eBay down?

    #StupidStock Move of the Day! $EBAY is down more than 6% on no news & big volume. Do people really think Europe is hurting PayPal that much?

    — Paul R. La Monica (@LaMonicaBuzz) May 30, 2012

    Yes, a slowdown in Europe won't be great news for eBay (EBAY). But don't we already know that eBay, like nearly every consumer-centric company, will face economic headwinds? Isn't that already priced into the stock, which MORE

    - May 30, 2012 2:11 PM ET
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  • Stupid Stock Move of the Day! Peabody and other coal stocks up?

    #StupidStock Move of the Day! $BTU up 4% just because $GS upgraded? That's all it took? Fundamentals for big coal still look pretty weak.

    — Paul R. La Monica (@LaMonicaBuzz) May 29, 2012

    Cue the theme from The Muppet Show. Peabody Energy (BTU) surged 4% mainly because analysts at Goldman Sachs (GS) decided to upgrade the stock to a buy. It's a bit curious.

    Coal stocks have had a wild ride lately. The Market MORE

    - May 29, 2012 2:24 PM ET
  • Stupid Stock Move of the Day! Chesapeake up? Can Icahn really save?

    #StupidStock move of the day! $CHK up nearly 3% as the Icahn rumor just won't die. Even if he does invest, fundamentals look unappealing.

    — Paul R. La Monica (@LaMonicaBuzz) May 25, 2012

    It's official. Finally. Icahn discloses 7.56% stake in $CHK. Good luck, Carl.

    — Paul R. La Monica (@LaMonicaBuzz) May 25, 2012

    Update! 4:08 p.m. Carl Icahn does own a piece of troubled Chesapeake Energy (CHK). It's official. He disclosed a 7.56% MORE

    - May 25, 2012 4:08 PM ET
  • Stupid Stock Move of the Day! EMC down?

    @LaMonicaBuzz $EMC one of the best run companies in its industry. STUPID move.

    — Nico Pollari, CFA (@NicoPollari) May 24, 2012

    Storage company NetApp (NTAP) is down 13% Thursday, making it the worst performer in the S&P 500. The company announced earnings after the bell Wednesday and its guidance spooked investors. Rival EMC (EMC) has plunged more than 5% on the news as well.

    I don't understand the logic behind EMC's fall though. MORE

    - May 24, 2012 12:21 PM ET
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Stupid Stock Move of the Day
#StupidStock Move of the Day! $SHLD up nearly 5% on rumors of store closings & layoffs. Cost cuts needed. But what about plan to grow sales?
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