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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

9/23/16

Twitter (TWTR) is flying higher. Shares of the ailing social media company are jumping 20% to highs not seen since January on rumors the company has received expressions of interest from several technology or media companies like Google and Salesforce.com and may receive a formal bid shortly. Twitter has struggled to make money and get its business moving in the right direction. Maybe a sale is the best thing for the company.

Oh my gosh, Oshkosh! The heavy-duty truck company, Oshkosh (OSK) dropped 10% due to disappointing guidance for 2017. The good news is the rest of 2016 will be good, but the bad news is management said 2017 revenue estimates of $6.5 billion to $6.7 billion and earnings estimates of $3.00 to $3.40 per share were disappointing to Wall Street. Back to the good news, the stock is not expensive even with the reduced estimates. Hopefully the selloff is a buying opportunity.

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.