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John Dorfman: Beware of stocks selling for 100 times revenue

Just as there are no sure winners in the stock market, there are no sure losers. But I can tell you something that’s close. If you want excellent odds of losing your money, invest in a stock selling for 100 times revenue or more. Each year from 2000 through 2006,
United States Glenn Allen Justin Timberlake Taylor Swift Vicuron Pharmaceuticals Inc Ziopharm Oncology Inc

Is It Too Late to Buy Pendrell (PCOA) Stock?

Is It Too Late to Buy Pendrell (PCOA) Stock? Cedar Creek Partners recently released its Q1 2021 Investor Letter, a copy of which you can download here. The fund posted a return of 19.7% in the first quarter of 2021, outperforming its benchmark, the S&P 500 which returned 6.3% in the same period. You should check out Cedar Creek Partners’ top 5 stock picks for investors to buy right now, which could be the biggest winners of this year. In the Q1 2021 Investor Letter, the fund highlighted a few...
Pendrell Corporation Pendrell Corp Federal Reserve Cedar Creek Partners Cedar Creek Partner Creek Partners

How a telecom pioneer hitched up with a potential space unicorn

Astra’s Rocket 3.1 blasts off from the company’s launch complex in Alaska. (Astra Photo) Back in the 1990s, cellular telecom pioneer Craig McCaw bought into a vision of ubiquitous wireless service via a constellation of satellites, with an assist from Microsoft co-founder Bill Gates. Almost a quarter-century later, McCaw’s Teledesic venture is long-dead, but the dream lives on — thanks to the impending merger of McCaw’s Holicity “blank check” company and Astra, one of the rising s...
United States Dennis Muilenburg Bill Gates Kelyn Brannon Mccaw Teledesic Chris Kemp

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