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

4/4/16

Alaska Air is reaching farther with today's diamond. Virgin America (VA) is skyrocketing 41% after accepting a buyout offer from airliner, Alaska Air. The all-cash offer will expand Alaska Airlines' exposure to California and the East Coast. Virgin founder, Richard Branson said he will not stand in the way of this merger. The rich get richer. Maybe Sir Richard may have to buy another island in the Caribbean.

Looks like this dog shot itself in the foot. Smith & Wesson (SWHC) fell 18% today following three downgrades. After a fabulous fourth quarter, the analyst community is saying that demand at Smith & Wesson has nowhere to go but down following demand for gun background checks dropped 13.2% in March from the prior month. Looks like they're a victim of their own success.

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.