Heartland Inc. In the Process of Acquiring More Convenience Stores -10/23/09 at 4:49 PM CDTby Randy Hamdan

In a live extensive interview with Market Rap, Heartland Inc. (HTLJ.OB) CEO Terry Lee stated that he was in the process of evaluating an acquisition of at least two more convenience stores to add to Lee Oil Company's 23 current stores.  Mr. Lee said that Lee Oil Company represents the most stable part of the three Heartland subsidiaries and creates c...

California Lawmakers Try To Sneak in Sales Tax on Amazon.com Inc. and... -10/22/09 at 9:22 PM CDTby Perry Rod

The Sacramento Bee reported today that California’s Democratic lawmakers and Republican Governor Arnold Schwarzenegger are working on putting in a version of the so-called “Amazon tax” into a large new California tax bill.  New York has a similar law in effect today. Amazon.com Inc. (AMZN) began collecting sales tax in New York in J...

Congress prepares to bypass impotent SEC -10/20/09 at 2:36 PM CDTby Judd Bagley

Something of great importance in the effort to finally end illegal naked short selling took place recently. Senator Ted Kaufman of Delaware, together with three colleagues, distributed a letter to the remaining 96 members of the Senate formally requesting co-sponsors for SB 605: A bill to require the Securities and Exchange Commission to reinstate The Upt...

NPD Results Delayed for Gamestop Corp, Activision, Take Two Interacti... -10/15/09 at 5:27 PM CDTby Mahyar Hashemi

Video game investors will have to wait a couple more business days to see September's NPD results for video game software and hardware sales.  "We have just released a communication to our clients, explaining that, due to last minute processing requirements, the NPD Video Games Retail Tracking information for September 2009 will now be released on Mo...

Roddy Boyd, Formerly of News Corporation and Time Warner Inc., and th... -10/13/09 at 3:21 PM CDTby Mark Mitchell

“Telling the truth is only possible by accident through a special sort of boastfulness…” - Fyodor Dostoevsky, “The Idiot” Regular readers of Deep Capture are aware that we have sought to expose certain journalists who seem to serve the interests of a network of market miscreants, many of whom are tied to the famous criminal ...

United States Oil Fund Rises As Evidence Suggests The United States i... -10/13/09 at 10:41 AM CDTby Reggie Abaca

The United States Oil Fund and several other oil ETFs (USO, USL) may be benefiting from a report that was out last week highlighting Pentagon approval for a funding request with the following statement: "The Department has an Urgent Operational Need (UON) for the capability to strike hard and deeply buried targets in high threat environments. The MOP is t...

Wedbush Morgan Upgrades Gamestop (GME) -10/08/09 at 10:59 AM CDTby Perry Rod

Calling Gamestop's guidance "conservative" and citing valuation, Wedbush Morgan senior analyst Michael Pachter raised his rating and price target for Gamestop to $34 and "Outperform". "We expect industry sales to return to positive territory in September, and think that GameStop is well positioned to recover as well. " Gamestop is up around 3% this mornin...

Penson Worldwide Inc. (PNSN), Rolling Stone, the Mafia, and Naked Sho... -10/07/09 at 9:21 PM CDTby Mark Mitchell

As should be clear from the contents of Deep Capture, the world of illegal naked short selling is a weird one, populated by sociopathic billionaires, slick lobbyists, famous felons, bent regulators, crooked law firms, corporate spies, message board maniacs, sinister banks, shifty private investigators, mendacious professors, professional dissemblers, prop...

Conservative Political Movement Pushing Gold, Pushing Down Dollar (UDN) -10/06/09 at 3:41 AM CDTby Reggie Abaca

There is a financial reality that goes well beyond partisan politics.  It's one of those rare occasions where financial professionals ought to pay close attention to the political world.  Half of this country call themselves conservatives, and conservatives are spreading a message to one another - the dollar will become worthless - a positive fo...

World Conspires to Abandon the Dollar - Good News For SPDR Gold Trust... -10/05/09 at 10:12 PM CDTby Reggie Abaca

Journalist Robert Fisk reported today that Middle Eastern nations along with China, Russia, Japan and France are working together to end oil's pricing in dollars.  In what he said were, "secret meetings," finance ministers are apparently planning on a way to move oil's pricing into, "a basket of currencies including the Japanese yen and Chinese yuan...

While News Corporation Ignores, Rolling Stone Reports that Naked Shor... -10/05/09 at 2:37 PM CDTby Mark Mitchell

Matt Taibbi has published a story in Rolling Stone magazine that nobody should miss. It’s not yet available on-line, so you’ll have to pick it up at the newsstands, but here’s a quick summary. Taibbi writes: “On Tuesday, March 11th, 2008, somebody – nobody knows who – made one of the craziest bets Wall Street has ever s...