Avon Products is a stock that we started buying and selling puts on in November of 2011 for some clients.  During that time period Avon’s share price had dropped significantly due to regulatory problems in Brazil, and poor management from Andrea Jung. Today the company announced that privately held Coty Inc., offered to buy the...Read More

This quick little article puts into perspective just how massive Apple’s market cap really is.  Their balance sheet, profits, and cash flows are absolutely amazing, but at some point the law of large numbers comes into play.  Margins tend to be mean reverting.  It’s not impossible that Apple could get to a $1 Trillion market...Read More