Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

7/21/14

Diamonds and Dogs 7-21-14

Diamond: EMC Corporation

EMC Corporation is on the way up today to $28.19, a 4.48% increase. The American multinational corporation headquartered in Hopkinton, Massachusetts offers data storage, security, and analytics for businesses of all sizes. Their shares advanced on this day because activist investors Elliot Management has taken a stake of over $1B in EMC Corp. The investors reportedly believe EMC's stock will get a boost in the near future from several factors. This influx of investors makes for an attractive stock in EMC's short-term future.

Dog: Herbalife (HLF)

Herbalife is experiencing a mid-day drop today, down as much as 7.7% to 56.18. The International multi-level marketing company that sells nutrition and skin-care products is tanking after activist investor Bill Ackman exposed the company as a "massive fraud". Ackman plans to present information that shows Herbalife will collapse as a company. The comments by Ackman on CNBC had an instantaneous negative effect on the stock, which sunk to the day's low within minutes. Ackman has been after Herbalife for some time now, and this time his comments have had a detrimental effect on stockholders opinions of HLF.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.