Thursday, August 18, 2005

Just One Man's Opinion - 09 August 2005

by JMac

UNOCAL - What's up here? The board approved Chevron's cash offer of $63 per share and the shareholders vote on Wednseday, but today it closed at $65.66 per share. Why would anyone buy at that price when they are going to get only $63 for their shares?

An analyst at Langer Co. projects Trump Entertainment will not make a profit until 2006 or 2007 and recommends short sell. Want to make money off Donald Trump? .... Marry him.

Fed raises rates tomorrow and at least two more times and housing and bank stocks will fall.

Caterpillar insiders are selling.

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