The biggest catalyst today was the announcement that the government, along with the mortgage industry, will be helping those hurting. The idea is that the “troubled loans” that some homeowners got into can be renegotiated to better, more stable terms. It is hoped that the investors who were flipping homes are out of the market
Kerkorian Loads Up On DPTR
Kirk Kerkorian and his Tracinda Corp stepped up to the plate lately with a few purchases in Delta Petroleum ($DPTR). The stock is coming off of 5 year lows around $4 a share. Kerkorian bought 600,000 shares on the 12th and then another 500,000 on the 13th for a total of 1.1 million shares. The