Last week, new developments were made in the case of the IRS-Tea Party scandal, but according to all of the network news channels, these were not important enough to be covered. IRS official Lois Lerner received a criminal referral from the House Ways and Means Committee and new emails surfaced, proving she fed tax information on a targeted group to Rep. Elijah Cummings.
On June 10, we told Ransom Notes listeners that the stock would probably bounce once more at $49, then recover to $56, both of which happened by July 11. The stock price is up 26% since our buy signal, broke past $56 in mid-July, and continues to climb.
Global social network icon Facebook, Inc. reported second quarter ad revenue up 61% year-over-year, surprising Wall Street with its rapid transition from desktop to mobile advertising.
A real quick moment of bragging: All three of these stocks were recommended by Stocks in the News, and their performance is right in line with our previous comments. Now since we have patted ourselves on the back. . . Here they are:
The stock is pushing up against long-term resistance at $39 and appears capable of climbing immediately. S&P says, “We believe solid management execution and an industry recovery will drive shares higher.”
If you are a bureaucrat who does not like the way news is reported, the 1984-style thing to do is launch your own "independent" news agency to make sure someone reports the news the way you want the news reported. The EU did just that.
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