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Leigh Baldwin & Co.

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

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Diamonds and Dogs

4/15/16

The basin just got bigger. Great Basin Scientific (GBSN) is shooting up over 80% following better than expected earnings. The company has struggled to produce positive results, but last night the company reported 59.4% growth in revenue and 119.8% customer growth year-over-year. Later this month the company will provide customer acquisition targets and 2016-2017 product roadmap, but for today, the stock is a diamond.

Don't lose your phone because today's dog might not be able to replace it. Apple (AAPL) is trading down 2% dragging the Dow and Nasdaq into the red on continued rumors of weak demand. Nikkei.com came out with a report that yet again says that Apple is going to be continuing its production cuts for the current quarter. The article says that slow sales of the iPhone 6s and 6s Plus has forced Apple to adjust its inventories. Apple will report earnings on April 25th so we'll get the true in a couple weeks

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.