Ancestry.com (ACOM) generates more free cash per share by researching families than Facebook does connecting friends. Bloomberg data shows Ancestry at 17.5 times earning versus median p/e ratio of about 43 for U.S. Internet and e-commerce companies with market values greater than $500 million. Read the full article at http://www.bloomberg.com/news/2012-06-07/ancestry-topping-facebook-cash-yield-lures-lbo-real-m-a.html
READ MORE... →Salient to Investors: Heading for the longest run of weekly losses in more than 13 years on concern economic slowdowns in U.S. and Europe. Iitrader.com sees no growth in oil demand, and Germany, the linchpin of the euro zone,is slowing and will add more negative news Read the full article at http://www.bloomberg.com/news/2012-06-08/oil-heads-for-longest-weekly-losing-streak-since-1998.html
READ MORE... →Salient to Investors: National Securities Corp said that a Chinese stimulus package will turnaround copper prices. Hedge funds and speculators remain bearish on copper. Predictions: IMF is predicting EU GDP will fall 0.3 percent in 2012. Goldman Sachs sees copper at $9,000 in three months. Morgan Stanley sees a 130,000-ton shortage for copper supplies in 2012
READ MORE... →Salient to Investors: Equities may rebound: 5-month low in S&P 500 last week is similar to its 2011 low, as the 14-day relative strength index again stayed above lows. Predictions: BTIG said divergence of market lows and RSI is bullish for the next six weeks. Auerbach Grayson said the false breakdown below the 200-day moving average RSI divergence are
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