Category: Market History

In December we did a post on a lawsuit that had been filed against Hauppauge Digital Inc. ($HAUP): a Verified Complaint to Compel Inspection of Books and Records in Delaware Chancery Court.

Regarding Hauppauge Digital Inc. (HAUP), see also these posts from other bloggers:

• Hauppauge Digital: Gone Dark but is there Value?
• HAUP Hides in the Darkness
• Paging all HAUP Shareholders...

There have been some new developments in the case. The court granted Plaintiff a default judgment on April 24th:

Then, at the beginning of June, Hauppauge filed a motion to set aside the default judgment.

The motion was granted, and the default judgment has been set aside:


Conclusion:

I conclude that Hauppauge has met its burden of showing excusable neglect, a meritorious defense and that Rivest will not suffer substantial prejudice if the Motion is granted.39 However, recognizing that Section 220 actions are intended to be summary proceedings,40 and given the delays that have occurred related to this Section 220 action, I intend, once this report becomes final, to ensure that this matter proceeds as expeditiously as possible in the future.

This week we were included in Financial Advisor Magazine’s list of the 50 fastest growing Registered Investment Advisors in the industry. The data they used is based on our growth in assets under management through the end of 2019. I’m extremely proud of the fact that we’ve been able to accomplish this with no mergers and acquisition, and no private equity or outside capital of any kind. We built this bu...

The post The 50 Fastest Growing RIAs appeared first on The Reformed Broker.

It feels like just 80 days ago that I wrote about Wabash as a beaten down ($7 share price) manufacturer of trailers that is capitalized to weather a possible multi-year storm. Last week, however, the...

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Subscribe to the channel here, you’ll get the new episodes immediately! Welcome to Big Trends Monthly with Josh Brown and JC Parets of All Star Charts. We’re breaking down the latest monthly closing candlestick charts to reveal the most meaningful market moves around the world. – The S&P 500 finished July well above its 10-month exponential moving average. – Health Care, Consumer Discretionary...

The post Monthly candles are out! S&P 500, Treasury Yields, US Dollar, Bitcoin, Market Breadth & More appeared first on The Reformed Broker.

Robert Shiller was one of the first researchers to ever assemble the long-term data on U.S. housing prices. This shows the real (after-inflation) change in prices going back to the start of the 20th century: I’m not sure how accurate the numbers are pre-WWII or so but you can see the values are all over the map in terms of long-term cycles. This is me having fun with numbers but it’s crazy to look at this dat...

Robert Shiller was one of the first researchers to ever assemble the long-term data on U.S. housing prices. This shows the real (after-inflation) change in prices going back to the start of the 20th century: I’m not sure how accurate the numbers are pre-WWII or so but you can see the values are all over the map in terms of long-term cycles. This is me having fun with numbers but it’s crazy to look at this dat...

The team at brunchwork invited me to pop on and co-lead a session with Ashraf Karim, PayPal Head of Product for Customer Success & Insights. That will happen tomorrow afternoon at 5pm ET, 2pm PT. I’ve never been involved with one of these sessions so I don’t know much about how it will go. Ashraf will be talking about the trends in payments and transactions while I will be talking markets, wealth manageme...

The post brunchwork Tuesday at 5pm ET appeared first on The Reformed Broker.

JPMorgan Asset Management’s new On The Minds of Investors piece takes a look at “framing”, a behavioral bias that affects our judgments about market prices. Where you choose to start counting from will have a big impact on how you feel and what arguments will appeal to you. For instance: What level of returns should we expect from equity markets? The answer changes depending on the time period – when i...

The post Valuation since the late 1990’s – win any argument with your friends! appeared first on The Reformed Broker.

Do Republicans’ children use TikTok? Of course they do. Which is why I think it’s more likely that Microsoft gets to buy the company as opposed to the app being shut down. Let me catch you up on what’s going on… This weekend’s episode of my podcast was a deep dive into TikTok and the opportunity for US investors in Chinese technology stocks. Shortly after it came out, the news broke that the ...

The post Do Republicans’ Children Use TikTok? appeared first on The Reformed Broker.

We have all heard it… Stodgy, for old people, yawn, boring! These have all been used to describe dividend growth stocks. As an investor in dividend growth stocks, I sometimes think our strategy is the most misunderstood. It seems everyone understands a traders mentality and a high-yield mentality. Periodically, it is good to remind ourselves that dividend growth stocks provides us with excellent

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