Young Glickenhaus Crushed in a Chinese Burrito

He has been fighting back against the Seeking Alpha band of roaming short sellers, who target CAGC.

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Sound the alarms and stockpile gold bricks.

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I am buying the first day.

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I am seeing silver down 4% in after hours trading. That’s absurd and entirely undistinguished.

And the reached a strategic agreement with GOOG.

Reports Q1 (Mar) loss of $0.32 per share, ex-items, $0.10 better than the Thomson Reuters consensus of ($0.42); revenues fell 8.0% year/year to $40.4 mln vs the $36.9 mln consensus.

Broadcom sees Q2 revs $1.75-1.85 bln vs $1.90 bln Thomson Reuters consensus; GAAP product margin up ~50 bps QoQ

Reports Q1 (Mar) earnings of $1.09 per share, $0.02 better than the Thomson Reuters consensus of $1.07; revenues rose 15.9% year/year to $422.1 mln vs the $420.2 mln consensus. PNRA reports Q1 operating margin of 12.6% vs 12.2% Street Expectations. Co issues upside guidance for Q2, sees EPS of $1.15-1.17 vs. $1.10 Thomson Reuters consensus. Co is targeting a 0 to 50 bps y/y improvement in operating margins. Co issues upside guidance for FY11, sees EPS of $4.47-4.51 vs. $4.46 Thomson Reuters consensus. The Company is narrowing its fiscal 2011 target for Company-owned comparable bakery-cafe sales growth to 5.0% to 6.0% from 4.0% to 6.0%. This target assumes transaction growth of 2.5% to 3.5% and average check growth of approximately 2.5%. The increased average check growth target is primarily a result of an incremental 1.0% price increase the Company intends to take to offset increased inflation in the latter part of 2011. The incremental price increase and increased inflation are expected to offset each other at the operating margin line and have no impact on the Company’s earnings per diluted share target.

“A drug like telaprevir does an amazing job clearing the virus, but there’s a small portion that is just intrinsically less responsive and it’s the job of the older drugs to clear up that mess that’s left behind,” said Dr. Cailla Graham, Vertex’s vice president for global medical affairs.

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The stock is down 33% on this article.

No. Ticker % Change
1 ECYT 31.89
2 REDF 24.13
3 IIVI 19.74
4 HSTM 19.11
5 VTRO 18.82
6 WTI 18.41
7 IGC 17.71
8 USAT 15.22
9 ONSM 14.75
10 KND 14.32
11 KUTV 14.00
12 UCTT 13.80
13 ARNA 12.60
14 SMOD 12.53
15 REFR 12.38
16 VRTX 12.09
17 PRGX 11.69
18 VICL 10.77
19 CRDN 10.60
20 CRS 10.56
21 IDN 10.42
22 MSPD 10.13
23 YRCW 10.05
24 DAL 10.00
25 GRA 9.96
—————————
No. Ticker % Change
1 GFRE -32.73
2 WIBC -18.38
3 HEI -18.18
4 LXK -14.73
5 VDSI -14.64
6 TZOO -12.91
7 ROSG -12.50
8 RCII -11.59
9 UIS -11.33
10 MNI -11.27
11 LFT -11.20
12 ININ -10.79
13 IMN -10.09
14 BXDD -10.03
15 ACPW -9.75
16 CTC -9.36
17 PLXT -9.29
18 UA -9.01
19 SCEI -8.99
20 CABL -8.26
21 APP -8.23
22 LWSN -8.12
23 BBH -8.11
24 AMCF -8.09
25 GPI -7.84

Spreads are now up more than 4% to $25.31

Canaccord Genuity raises their NFLX tgt to $300 from $250. Netflix’s Q1/11 results exceeded forecasts, though Q2/11 guidance was mixed, with the company’s forecast revenue and subscriber growth offset by cost increases. Lack of subscriber growth in Canada was the only real surprise in the quarter, as churn and ARPU rose slightly following the price increase in January. Firm continue to believes that NFLX is in the sweet spot between declining physical competition and rising digital competition.

Euro markets are little changed to slightly down in early trade.

1.8 billion net in Swiss francs for q1

Spreads are advancing to the tune of 1% this evening as crude goes lower.

Asian markets are off to a bad start, with the NIKKEI off by more than 1%. Additionally, all major commodities are under selling pressure.