Investcraft – The Art of Investing

Another exciting week of trading comes to an end. For those of you who have been following regularly, almost all the stocks I mentioned in this month’s featured stock analysis closed higher from when I first covered them. This includes Pier One @ $2.78 (NYSE: PIR), Maguire Properties @ $1.33 (NYSE: MPG), CDC Corp @ $2.44 (NASDAQ: CHINA), ZIX Corp @ $2.18 (NASDAQ: ZIXI), E*Trade @ $1.66 (NASDAQ: ETFC), MGM Mirage @ $9.41 (NYSE: MGM), and NCTY @ $7.54 (NASDAQ: NCTY) [...]

Pier One Imports (NYSE: PIR) reported earnings that beat expectations today. They reported a net loss of $0.17 per share vs. $0.22 street consensus. It looks like things are finally turning around for Pier One. Sales are still weak but they have reduced SGA costs and improved operating margins significantly [...]