NO not the ones selling merchandise for one dollar, the ones whose stocks are trading for less than a dollar, the list may surprise you in retail. PIer One PIR .15 Lazy Boy LZB .60 Martha Stewart MSO 1.73, a high flyer in this crowd! Tuesday Morning TUES .57 World Market CPWM .70 Such prices…

The Dallas Museum of Art no doubt thought it hit the long ball and would make lots of money off the traveling King Tut exhibit. Indeed it had to bid, on a fixed cost basis no doubt, to get teh Exhibit. Well guess what, seems attendance is down. Another example of lack of demand but…

I have mewntioned the new social science of socionomics in helping us understand how popular culture shapes events. Researchers are now discovering that seeming positive incentives may have negative consequences. This article suggests people respond more to positive incentives than necessarily to monetary rewards. Offering women cash rewards to donate blood actually decreases the number…

As one prof told me at Texas State, everyone wants to be something they are not. And so seven schools want to become Tier One Universities, you know like College Station and Austin. No not the football team silly, the research. This article notes that Univ of Houston awarded 239 PhD degrees last year. Perhaps so…

It is not possible to trade a large vehicle when gasoline is high for  a small one and ever come out saving money on fuel, will not happen. But that is what short sighted consumers do.  And so trucks are back, yep all those two ton and up gas guzzling behemoths the Dems say they…

Lancaster ISD near Dallas, Tx has a few internal control problems.  Apparently no money is missing but reading the article one can see IC is well lax. This is the reason we study internal control in both intermediate and audit. Read this article for examples of both. Lancaster is next door to DISD, another of our…

 From the Elliott Wave Group www.elliottwave.com   Long experience has shown me that it really pays to read beyond the financial headlines. You usually have to dig into two or three articles about the same story to get all the relevant facts — or even to learn what the real news is.   Like today's…

Luntz  did lots of audience focus polling during the election.  This is a link to his site. Since we study how to make an effective presentation in class I thought this link to his site as well as his thoughts on rhetoric would be of interest. Clearly he has a career consulting with folks on…

Before there was a Warren Buffet, there was John Templeton. Templeton pioneered the idea of global investing, was knighted, and no less than Prince Phillip, husband to Queen Eilzabeth, conferred his annual humanitarinan award.  I observed Templeton make the remark in the 190s that Americans (or anyone else) would not likely sit still for the…

If the Viability plan does not work for GM, the auditors say it is subject to a Going Concern Warning, ie, it would have to liquidate.  High Noon for GM the UAW and the FEDs is here.