A Liberal Op/Ed on Forbes

I like this commentary on Forbes.com by Martin T. Sosnoff.  Among the many stocks he mentions, the companies in my portfolio are WMT, HD, LEH, and AAPL.  He is on the side of the shareholder activist and corporations treating shareholders like owners.  He also talks about Walmart trying to improve its public image through deeds not just advertising.  This op/ed would fit nicely into the editorial mission of The Panelist (where I am the founder/publisher).  I wish we could afford him as one of our staff writers.

Disclosures and Confessions:   I own Wal*Mart (WMT), I am short Jan 2008 47.50 strike calls on WMT.  I own Home Depot (HD).  I own (LEH).  I am a former Managing Director at Lehman and am still vested in their executive compensation program.  I do not own AAPL directly but have traded it in the last two years.  I am short Jan 2008 AAPL 80 Strike Puts which will oblige me to buy AAPL at 80 should Apple Inc should the shares fall below 80 by expiration.

Disclaimer:  Nothing in this blog is meant to be specific financial advice or a recommendation to buy or sell.  I do not give investment advice.  Do your own research.  Do not rely on anything in this weblog to make investment decisions.  Never engage in options, futures or margin trading unless you are an expert.  I do not log all my trades here. I only describe or mention those that I think might be interesting. Consult an investment professional familiar with your specific financial situation before buying or selling any security


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