MarketFoolery: 01.10.2012

MarketFoolery

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4.7 • 1.7K Ratings

🗓️ 10 January 2012

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

WebMD has a horrible day and Apple’s Tim Cook is the highest-paid CEO of 2011. Plus Hostess, maker of Twinkies and Wonder Bread, files for Chapter 11 bankruptcy protection.

Transcript

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0:00.0	It's Tuesday, January 10th, and this is market foolery.
0:05.0	I'm Chris Helen joining me in studio today from Motley Full Asset Management, Bill Barker,
0:09.0	and from Motley Full Inside Value, Joe Meager.
0:11.0	Gentlemen, a belated happy new year. Happy New year.
0:15.0	We are back and thank you to our dozens of listeners who waited patiently
0:20.0	although over the last few days we did get a few where the heck are you emails
0:24.4	polite emails but inquiring where the heck we were towards the end of our break
0:28.1	and as always drop us an email are you gonna answer it? Where are you?
0:33.0	I was working.
0:34.0	I was working too.
0:35.0	We were all working.
0:36.0	We were just taking a little break from Market Story.
0:38.0	We just weren't recording.
0:39.0	We just, exactly.
0:40.0	We were in the room.
0:41.0	We just forgot to plug in the recording equipment. All right, we have Apple CEO in the room, we just forgot to plug in the recording equipment.
0:43.0	All right, we have Apple CEO in the news, we have a bankruptcy to talk about, but first, shares of WebMD
0:50.2	down 30% this morning after the CEO resigned.
0:54.0	The company's chief financial officer will be the interim CEO as the company looks for permanent
0:59.0	replacement.
1:00.0	And Joe Meager, the company which did have its for sale sign out has taken that doubt.
1:06.4	Is it more that that caused the shares to drop?
	...

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