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Deleveraging Continues

As leveraged assets go down in value, the leverage multiples go up. Adding to that multiple is the falling dollar and the fact that these assets are in reality debt deposits, not cash deposits, that were passed on in different forms to be leveraged over and over.

-Minyan Jim

Winners & Sinners: Morningstar, Coinstar, Barnes Group, Investools, Sun Microsystems

Kevin A. Tuttle May 02, 2008 12:00 pm


	A quick look at today's biggest up and down movers.

Morningstar (MORN) shares are pushing higher today after Q1 profit rose to 47 cents per share, up from 33 cents per share a year ago. Barnes Group (B) is also moving higher after a strong earnings report.

Sun Microsystems (JAVA) shares are struggling this morning after reporting a Q3 loss of 4 cents per share.

Click to enlarge either list

Tags: JAVA, SWIM, B, CSTR, MORN


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No positions in stocks mentioned.

Kevin A. Tuttle (KAT) is the CEO and Chief Equity Strategist of Tuttle Asset Management, LLC which manages a Hedge Fund named “Dynamic Allocation.” He is also the President and co-founder of the Orlando-based retail investment firm Church Street Capital, LLC, where he manages a fee-based long only growth portfolio for high net worth clientele.Kevin Tuttle welcomes your comments and/or feedback at tuttle@minyanville.com.

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