Friday, June 3, 2022
By Herb Greenberg
There's something about this market... You could see what happened coming many miles away, long before the bottom fell out. With that being the case, why did so many investors – some really smart ones among them – miss it? The answer is simple: the "human factor." I blame a lot of things on the […]
Tuesday, May 31, 2022
By Herb Greenberg
On a drive back from the airport last week, our driver – knowing that I do what I do – asked the one question that everybody seems to be asking these days... "Are we in a recession?" Outside of anything inflation-related, that seems to be the topic du jour. My answer to him was what […]
Friday, May 13, 2022
By Herb Greenberg
Here's something that somehow fell through the holes of grabbing headlines, but shows just how desperate some companies are to 'make' their numbers... It all has to do with something at quarter-end that was called "the art of the close" at Rollins (ROL), which owns the Orkin exterminating company. And it's everything you hear about […]
Tuesday, May 10, 2022
By Herb Greenberg
The tale of this stock is also a tale of this market, filled with irony and luck... I call it the "Tale of the TUP"... I'm talking about Tupperware Brands (TUP), the company whose iconic brand has become the Kleenex of plastic storage containers. Last week, Tupperware reported extremely disappointing first-quarter results – so bad […]
Friday, May 6, 2022
By Herb Greenberg
One hallmark of the past (fill in the blank) years is that some investors only know a world in which stocks go straight up... And that every dip is a buying opportunity in every stock. It goes for private companies, too – perhaps especially private companies, with so many born-in-a-bull-market entrepreneurs confusing brains with a […]
Tuesday, May 3, 2022
By Herb Greenberg
Warren Buffett stated the obvious at Berkshire Hathaway's (BRK-B) annual meeting over the weekend when he said the markets have become a 'gambling parlor'... The reality is, they've always been. After all, the saying "play the market" has been around forever... It's Wall Street's version of "playing the ponies." The difference this time was the […]
Friday, April 29, 2022
By Herb Greenberg
Archer Aviation's (ACHR) stock spiked more than 25% this week on two pieces of news... But first, as an introduction, Archer is a fledgling flying taxi company whose single electric vertical take-off and landing ("eVTOL") aircraft has barely flown, but supposedly will be ready for prime time in less than two years. I first wrote […]
Tuesday, April 26, 2022
By Herb Greenberg
Toward the end of last year, you didn't have to be a chartist or market technician to know that stocks had officially arrived in the outer reaches of looney land... Sometimes you just know an inflection point is imminent... When I was focusing mostly on shorts as a journalist, I used to joke that the […]
Friday, April 22, 2022
By Herb Greenberg
There are more than a few morals to the Netflix (NFLX) story, but there's one nobody is talking about... I put this in the "beware of what you wish for" bucket, because it's something so many people wish for that they don't realize why what they're wishing for may very well backfire... badly. I'm talking […]
Tuesday, April 19, 2022
By Herb Greenberg
I was in the camp that social media giant Twitter (TWTR) was making a mistake going public well before its initial public offering ('IPO') in 2013... I reiterated my thoughts in 2014, in a story headlined, "Is Twitter a Victim of Wall Street?" when I wrote... As a public company, it can't get from here […]
Tuesday, April 12, 2022
By Herb Greenberg
This was bound to happen – it was just a question of when... As long as stocks rise, everybody is willing to take some of their pay in stock. At least they were in Silicon Valley, where stock-based compensation ("stock-based comp") had become a way of life. Stories about regular employees striking it rich are […]
Friday, April 8, 2022
By Herb Greenberg
We're all used to regulations that make no sense, but there's one that isn't just absurd, but downright offending... Or, at least, it should be to any and every U.S. investor. I'm talking about the enormous disconnect between insider trading rules that apply to executives at public U.S. companies and foreign companies that trade here. […]
Tuesday, April 5, 2022
By Herb Greenberg
Up first, at its peak late last year, was the market in a bubble... or in the throes of a mania? With the market clawing back some gains from the big drop this year – today notwithstanding – is the bubble merely reinflating? Or are we back in full-scale mania mode? Neither? Both? But first, […]
Friday, April 1, 2022
By Herb Greenberg
Up first, I can't let the U.S. Securities and Exchange Commission's ('SEC') proposed new investor disclosure rules for special purpose acquisition companies ('SPACs') go without comment... As my colleague Berna Barshay wrote yesterday in Empire Financial Daily... The SEC getting involved now feels a bit like closing the barn doors after the horses have already […]
Tuesday, March 29, 2022
By Herb Greenberg
I can't be the only one who has wondered... Who has time for all of those podcasts... or newsletters... or blogs? It has reached the point where there's simply so much information and so little time, and the result is a firehose of content. Some of it is free, but quite a bit of it […]
Saturday, March 26, 2022
By Herb Greenberg
I've devoted most of my career to outing companies with potential issues... I even created the imaginary "Hostile React-O-Meter" in my columns to gauge responses to anything I write that is remotely controversial. It has since become a contra-indicator of sorts. But constantly poking around the underbelly of the seamier side of Wall Street had […]
Friday, March 25, 2022
By Herb Greenberg
Well, that was interesting... Yesterday, we formally launched my newsletter: Herb Greenberg's Investment Opportunities. The process of getting there, which took weeks, was far more involved than I imagined. My colleagues at Empire Financial Research take these kinds of launches seriously... everything from the newsletter's focus, to what it will be called, and to how […]
Thursday, March 24, 2022
By Herb Greenberg
It all started with an offhand comment famed short seller Jim Chanos made in a CNBC interview back in late 2013 about 'a company' he had in his sights... I gave him a call, curious about what company he was talking about. Without getting into detail or confirming the name, he suggested I look at […]
Wednesday, March 23, 2022
By Herb Greenberg
People know me as the guy who has exposed some of the worst stocks in America... I take tremendous pleasure in exposing a popular name that's involved in some kind of wrongdoing. For example, in 1995, I published an exposé in the San Francisco Chronicle called "The Tangled World of Supercuts." Supercuts is a nationwide […]
Tuesday, March 22, 2022
By Herb Greenberg
Throughout nearly four decades as a journalist, I unintentionally became known in some circles as 'the worst man' on Wall Street... It's not like I set out to make enemies. My first job out of college was with the now-defunct Boca Raton News, where I was the paper's first business reporter. Next, I spent a […]