Diamonds and Dogs


Acting below par is what today's dog is doing. PAR Technology Corp (PAR) is down over 12% today after firing their Chief Financial Officer for violating corporate policy. The technology solutions company terminated their CFO after discovering he used company funds to make unauthorized investments that totaled around $900,000. Other than the CEO, the CFO is an important cog within a company. Shareholders always seem to get very nervous when news of a change in the CFO office is announced. This CFO was only hired two months before improperly allocating funds. Good luck getting a new job Mr. CFO.

The devils lettuce is making people healthy. GW Pharmaceuticals PLC (GWPH) is up over 120% after it was discovered one of their drugs significantly reduced seizures in children that have Dravet Syndrome, a disorder that currently has no approved treatments. Dravet Syndrome is considered one of the most severe and difficult-to-treat types of epilepsy that affects infant children. The drug from GW Pharmaceuticals is called, cannabinoid which as its name indicates has marijuana as a key ingredient. Let's hope there are no side effects.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.