Hot Penny Stocks

Another weekend, another blabfest. G20 finance ministers met in Paris.  It seems they’ve agreed to hold another blabfest in April in some other fancy hotel in a fancy city. Meanwhile, according to The Guardian, just 1992.5 kilometres away: “Libya is defying international condemnation of a bloody crackdown that saw troops and mercenaries shooting unarmed demonstrators [...]

Today is Australia Day and we’re taking the day off.  In fact, we’re taking a few days off. While we’re away our hot-seat will be filled by a host of other characters.  We’ll be back next week sometime… Thursday if we remember rightly.  Until then… A quick note on Australia’s overpriced housing.  Yesterday we wrote: [...]

Before we get on to today’s Money Morning you may have noticed that over the weekend we disabled the Money Morning website comments. You can click here for an explanation… Now, on to today’s letter. Money Morning reader Philip sent us a clipping from his local newspaper, the Sunday Mail. It read: “Super boomer threat”. [...]

It’s no surprise your editor copped some flak for yesterday’s Money Morning – The Cost of Meddling. But that’s OK.  We’re a big lad.  We can take it [sniffle]. The gist of the comments was that we don’t know what we’re talking about.  And, besides, cloud seeding doesn’t work anyway.  So it couldn’t have made [...]

If you have energy stocks, or natural gas stocks, you’re probably aware that the world is currently facing a ‘gas glut’. A gas glut means that there’s more gas than we’re consuming. That can’t be a good time to buy gas stocks then can it? Or could it? In the latest issue of Australian Small-Cap [...]

I’ll get on to the latest development in the government pilfering of retirement money in a moment. But first… Next week your editor will dip into the Money Morning mailbag and read out some readers’ letters. What’s interesting since we called the beginning of the housing crash a week or so ago is, well, the [...]

…Or should that be Last Decade? This morning’s decision by the US Federal Reserve’s Federal Open Market Committee (FOMC) is the final act in American global economic dominance. If the US economy wasn’t already terminally ill, then this morning’s news from the FOMC has pushed it into terminal illness. But before I get onto that, [...]

Poor old Paul Bloxham, chief economist at HSBC Australia. In the space of a few days he’s gone from being premium foie gras to plain old chopped liver. From being the toast of the town to just vegemite on toast. Last month you could barely turn the pages of the business press or avoid an [...]

The stock rose like crazy yesterday and reached a peak of 0.28 before going steady again at 0.21 close price. – penny stocks

Australian market wrap up