Private Capital Management

Uncle Sam is finally trying to get the auto industry bailout bill finished. However, just as we're thinking we might see some closure to this subject, we have more surprise variables brought in.



The the reality is that trickier you delay the effect, the worse it will hit your business. It is better to learn to deal with the equity swings and grow your mind deal with it. If you do are trading bigger size by hiding the real equity impact from yourself, one day your mind will suddenly catch on the reality and paralyze your trading and general performance.

For the full year 2008, Borders lost $157 million on revenue of $2.8 billion. Borders recently extended its $42.5 million senior secured term loan with Pershing Square Capital Management, moving the due date to April 1, this year. That may be the day that Borders disappears altogether. Border's shares trade at $1.47, down in the 52-week a lot of $8.02.

I think consumer spending has rebounded a little faster than I reflection. People are more optimistic and cautiously spending. Still, it's likely to be a long and slow period of grinding restoration.

December copper gained 5.7% to $3.66 a pound. Palladium and platinum rose with palladium for December delivery up a person particular.2% to $567.30 an ounce and platinum for January delivery up 1% to $1,656.60 an oz of.

Aircraft leasing company Air Lease(AL_) was up 7.2% to $24.97 after announcing that high definition tv issued $120 million in senior unsecured notes within a private placement to institutional investors. Supplier said obvious part of that move to finance future fleet acquisitions.

Red Bank, N.J.-based home builder Hovnanian Enterprises(HOV_) reported a much wider loss for its fiscal second quarter compared to. last year as gross margins deteriorated and contract backlog waived.

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