Stocks Stocks Stocks: A Week in Review 06-15-07

by Johnny Debacle

The market dashed 87 points on news that Al Gore would or would not run, the new Chinese taxes on exporting molybdenum and Chamique Holdsclaw’s retirement. This picture of a nuclear reactor imploding probably didn’t help anything either.

Dow Jones Industrial Average Index (DJIA):
1st Half of the Week: Boo bond yields. Hurray bear (market)!
2nd Half of the Week: Boo bears, Hurray Good Economy!
Market Impact 48

Boeing (NYSE: BA): Continues to dominate Airbus in orders of “giant expensive flying things that will lose their owners tons of money and destroy the environment at a greater rate than anything other than cows”.
Market Impact 5

Blockbuster (NYSE: BBI): High fixed cost structure + retarded management = decision to enter into a price war with Netflix (NASDAQ: NFLX).
Market Impact 20

Limelight (NASDAQ: LLNW): IPOed in the limelight but subsequently has fallen out of the limelight. Our favorite stock both run by nerds and also in the same business as Akamai (NASDAQ: AKAM), but which is not Akamai.
Market Impact 14

Kellogg’s (NYSE: K): If Apple Jacks goes away will you at least tell me wtf an apple jack is (other than delicious)? I already know that a honey smack is what you do to your frog wife, when she misbehaves or tries to assert her “rights.”
Market Impact 4

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