Strauss-Kahn is Likely Innocent

The woman who is accusing him of rape is a crazy bitch. The case may get tossed out.

SHAME ON THE NY District Attorney’s office.

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A better than expected corn acreage report is putting pressure on crop prices.

Ups swipe limits from .12 to .21.

V and MA are soaring.

Hitting $28.5 now.

Always an amusing topic to broach.

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He mentioned raising taxes on “the rich” and cutting back on spending, namely defense spending. He is on the record as being against a U.S. default.

So absurd.

Nearing $27.50 right now.

No. Ticker Average Volume % Change
1 GGR 187,329 18.87
2 YRCW 1,593,330 16.67
3 MMR 1,972,570 12.30
4 BTX 210,529 11.96
5 OXGN 1,027,820 11.95
6 SPRD 4,086,360 11.61
7 AUDC 116,543 9.60
8 SPAR 234,233 9.50
9 REVU 712,543 9.38
10 CRIC 224,929 8.71
11 EGI 117,557 7.85
12 PAL 1,567,500 7.75
13 LNN 132,029 7.60
14 MBI 2,254,150 7.53
15 DANG 2,812,600 7.35
16 BAA 153,286 7.10
17 EXXI 913,100 7.05
18 AXK 347,257 7.04
19 QIHU 954,150 6.84
20 CBD 901,471 6.81
21 RENN 11,312,263 6.45
22 SM 909,686 6.45
23 NAK 619,783 6.36
24 P 2,654,400 6.17
25 SATC 3,286,930 6.14

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No. Ticker Average Volume % Change
1 KAD 542,786 -15.78
2 EXFO 106,657 -14.53
3 RBY 945,317 -14.50
4 SHAW 1,310,270 -9.63
5 TVIX 628,950 -9.47
6 KBH 4,710,500 -8.89
7 ICGN 823,571 -8.57
8 NTWK 834,343 -8.00
9 ANO 112,286 -7.97
10 OMN 219,000 -7.52
11 CAGC.PK 470,643 -7.50
12 AERG 1,787,070 -7.36
13 CADC 116,971 -7.26
14 BIOF 163,483 -7.05
15 APRI 197,433 -6.71
16 GBX 499,900 -6.54
17 OCNF 330,300 -6.33
18 ASTI 237,414 -5.83
19 TRGL 703,756 -5.74
20 ARWR 160,257 -5.56
21 VIXY 154,420 -4.93
22 VALV 361,514 -4.93
23 VXX 6,518,628 -4.87
24 ACHN 617,986 -4.81
25 SIGA 503,767 -4.72

Data provided by The PPT

Indeud.

Greek austerity vote is ongoing.

Cliffs Natural sees 2011 revenue $7.3B vs. consensus $7.11B

“I am not afraid of treasurys but if my accountants would allow me I would be 100 percent in equities.

“Equities are historically cheap, but people are still going out of equities and paying 2 and 20 (for hedge fund exposure) and hoping for better returns than on equities.

“Anything earning 3 percent or lower is the dumbest thing you can do,” he added. “If we went on holiday four years ago and came back better human beings with a tan, markets would still be back where they were four years ago.”

Full article

Futures are 10 points above fair value, ahead of the Greek austerity vote–taking place right now.

Oil is up $1.1, European stocks are higher by almost 2% and European CDS are tightening.

Risk on.

Private equity firms, Leonard Green and CVC acquired the company for $51.25.

Ticker BJ.

The Federal limousine fleet has risen by 73% under the green and frugal Obama administration, over the past two years.

Affirmed Aa2 rating.

via briefing:
Needham notes Muddy Waters released a negative letter to Spreadtrum CEO Dr. Leo Li this morning raising a number of negative questions about the company’s business, accounting policies and management changes. While at first blush the report raises a lot of questions, they note that nothing new is actually raised in the letter. The firm believes Muddy Waters is taking advantage of its success in identifying other fraudulent companies in China to raise questions about Spreadtrum in order to profit from its short position in SPRD. They encourage investors to buy SPRD on related weakness. Firm says many of the questions posed in the letter to Dr. Li are related to changes made at SPRD as far back as two years ago, the question about SPRD’s success relative to competitors is answered by its market share gains, issues around the increase in Inventories and Advances from customers have been asked and explained over the past two quarters and MobilePeak is admittedly a pre-revenue company that expands SPRD’s technology portfolio to include 3G WCDMA/HSPA air interfaces.

All four underwriters started coverage on LNKD today with price targets ranging from $85 to $92.

That’s odd. If they feel the stock is worth that much, than why bring it public at $45?

Spreads are up nearly 7% to $27, erasing last weeks decline.

No. Ticker % Change
1 ERX 5.65
2 DIG 3.80
3 SGG 3.39
4 LBJ 3.12
5 DAG 2.89
6 RUSL 2.75
7 MWJ 2.74
8 XIV 2.73
9 OIH 2.72
10 IEZ 2.69
11 XES 2.60
12 JO 2.47
13 TNA 2.42
14 UVG 2.32
15 TYH 2.26
16 BGU 2.25
17 PXJ 2.24
18 UPRO 2.20
19 RETL 2.17
20 CUBA 2.17
21 UCO 2.15
22 BNO 2.12
23 CU 2.07
24 CQQQ 2.07
25 TQQQ 2.06