Saturday, March 9, 2013

Week in Review

This past week we took a look at TSLA Tesla, WTW Weight Watchers and SWY Safeway.  While earnings reports were ok for Safeway they made investors uneasy over at TSLA and WTW.

TSLA stocks rose over the week as one of its founders and primary spokesperson, Elon Musk took to the airwaves and cleared up any confusion about a New York Times review of the revolutionary car.   Over the weekend the Twitterverse went wild from the South by Southwest conference SXSW where Elon talked about innovation including the SpaceX project.  The Hashtag #musk was trending along with the keywords Elon Musk and SpaceX.  News also came out that TSLA is planning to repay its government loan five years early.  If second quarter earnings report match the enthusiasm Musk is building for the company it could mean good things for the stock price.

Next week we will be checking out Mining stocks starting the week with an overview of HL.  Visit MegasafeInvesting for more reviews.