John Murphy Quotes

Timing the Trade is a practical how-to trading manual written by an experienced trader. It`s a book that can be understood by beginners and appreciated by market veterans.

In the noise surrounding York`s election to the Board, the dividend cut, and the new actions, these important wild cards have gotten lost in the shuffle.

Surprisingly, the main driver of the upside of the quarter was Ford`s automotive operations.

It almost appears as if GM resents its dealers for making money.

A lot of these areas most affected were in pretty bad shape before the hurricane,

(Murphy said he is particularly appalled by speeches made by attorneys in TV courtrooms. Sam Waterston (as Assistant District Attorney Jack McCoy on) Law & Order ... the witness sits mute, the judge stares and the defense attorney seems to be Crazy-Glued to his chair.

If the parties feel they have made sufficient progress on talks, the deadline could be extended, but this could go on in perpetuity if a hard deadline is not forced.

We believe the shareholders of GM would be much better off holding on to the tangible value of a dividend for as long as possible, or until they receive something of material value in return.

Surprisingly, the main driver of the upside in the quarter was Ford`s automotive operations, which posted a pretax loss of $12 million, much better than our forecast for a loss of $910 million. Within automotive, North America accounted for the majority of the upside.

We believe that investors should be offered a higher yield than just 4.5 percent for a risky investment in GM stock.