Tuesday, October 03, 2006

Movin' On Up


Yesterday’s e-mail treasure trove included an announcement from former colleagues and good friends, Vince Pipia and George Grose, of their “move on up” to a new platform for their institutional research and trading operation. The two are joined by head trader Jay Heller.

Their new firm,
American Capital Partners, is a broker dealer with locations in New York and Connecticut. The firm has a strong retail offering including interactive tools for the individual investor, but has been missing the research and trading components needed to support institutional business.

The trio focuses on under-followed companies in the S&P 500, looking for strong balance sheets with good cash flow to support growth. Their coverage universe is diverse, from health care names like Metropolitan Health Networks, Inc. (MDF: NYSE) to electronics leaders like Standard Microsystems Corp. (SMSC: Nasdaq) to waste managers Covanta Holding Corporation (CVA: NYSE).

Then they offer money managers the best of fundamental intelligence and trading execution for target stocks. StarMine gave them four stars for their MDF earnings estimates and you only need to look at the CVA price chart to see they recognize a winner.

Congratulations and best of fortune!

1 comment:

Anonymous said...

Good luck, Vince & George. You guys are the best!

Rob King