Hot Penny Stocks

“Frankston is dead” declared the missus to your editor yesterday afternoon. Not literally of course.  We know the bayside suburb has a reputation for being a bit rough. But the idea the whole suburb could have succumbed to a drug overdose or a drive-by shooting seemed extreme. Anyway, we like Frankston.  We’ve lived in and [...]

More annoying banter from your editor to the ASX: “So when can we expect the ASX to make an announcement on this? “I’m sorry, but this is a no-brainer. As I say, the ASX’s own website states: Timely disclosure must be made of information which may affect security values or influence investment decisions, and information [...]

Seeing as we’re in the midst of witnessing the collapse of the Australian housing market, I thought it would be appropriate to stick with the subject for today. But before I do, a quick note about the G20 meeting over the last few days. You can read the full text of the Leaders’ Declaration here. [...]

I wasn’t going to write about this today.
But when I saw the mainstream property bulls going cock-a-hoop over the latest discussion paper put out by the Reserve Bank of Australia (RBA), I just couldn’t let them get away with it.
Someone had to pull them down a peg or two…

We mentioned the discussion paper here last [...]

That’s today’s headline. The headline for Monday’s Money Morning will be the follow on… “How a Housing Index Could Work”.
Yesterday I mentioned that the Australian Securities Exchange (ASX) is considering offering an index based on residential house prices.
The index – from what we can gather – will allow investors to bet, gamble or punt [...]

Yesterday we quoted an article in the Australian Financial Review which said the proposed cash for clunkers scheme would:
“[C]ut carbon dioxide emissions by 1 million tonnes and save $344 million in fuel costs in the next 10 years”.

We then wrote, “But when you compare it to Australia’s total CO2 emissions as of 2007 of 374 [...]

The S&P/ASX 200 ended the higher by 13 points to 4,409.90. Coming out today is lending data for May from the Australian Bureau of Statistics (ABS). Yesterday, ABS data showed home loans rose by 1.9% for May, after a 1.8% in April.
Overnight, the Dow Jones Industrial Average closed at 10,216.27, up by 18 points. [...]

Yesterday’s initial reaction from the online media gave it almost no mention.
Today’s Australian Financial Review (AFR) mentions it but sees it as a positive.
Typical.
You’ve read and heard all the nonsense about the strength of the Australian economy. Just yesterday the ABC reports Kevin1807 as saying:
“Today we have revealed and released the national accounts. They point [...]

Who’s abusing your private information more? A private company that naughtily gives advertisers access to your details, or a government bureaucracy using your private information in order to force you into doing something against your will…

What a time to be trying to pick a stock or two for this month’s Australian Small-Cap Investigator.
The way I look at it, backing small-cap stocks can be like punting.  It’s one of the riskiest share investments you can make.  And that’s even when the market is going in your favour.
But when the market has [...]