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Slingshot

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April 29, 2013 | By Chris O'Brien
This post has been updated. Back in December, while I was writing a story about the extraordinary volatility of Apple's stock, one trader used the term "Apple slingshot" to describe the ups and downs of its shares.  Basically, the idea is that the stock experiences such wild fluctuations for such a huge stock. Each time it dipped to a new low over the past several years, it then rocketed back even further to a new all-time high. Like pulling back on a slingshot and then releasing it.  PHOTOS: The top smartphones of 2013 It just takes a strong stomach to hold on.  With the stock on a strong run the past week, I wonder: Are we seeing the latest Apple slingshot?
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BUSINESS
April 29, 2013 | By Chris O'Brien
This post has been updated. Back in December, while I was writing a story about the extraordinary volatility of Apple's stock, one trader used the term "Apple slingshot" to describe the ups and downs of its shares.  Basically, the idea is that the stock experiences such wild fluctuations for such a huge stock. Each time it dipped to a new low over the past several years, it then rocketed back even further to a new all-time high. Like pulling back on a slingshot and then releasing it.  PHOTOS: The top smartphones of 2013 It just takes a strong stomach to hold on.  With the stock on a strong run the past week, I wonder: Are we seeing the latest Apple slingshot?
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CALIFORNIA | LOCAL
July 18, 2012 | By Frank Shyong, Los Angeles Times
For months, someone roamed the streets of Beverly Hills and Encino, shattering plate glass windows at dozens of businesses and homes. Some suspected wayward youths until a witness saw the vandal in the act. He described a graying man in his 50s seated in a silver SUV wearing white gloves, calmly firing metal marbles from a slingshot across six lanes of Ventura Boulevard in broad daylight. From that description and other clues, police arrested an unlikely suspect: a 58-year-old investment advisor named Michael Steven Poret, who lives in the hills of Encino and works at the Rodeo Drive office of UBS Financial Services in Beverly Hills.
CALIFORNIA | LOCAL
July 18, 2012 | By Frank Shyong, Los Angeles Times
For months, someone roamed the streets of Beverly Hills and Encino, shattering plate glass windows at dozens of businesses and homes. Some suspected wayward youths until a witness saw the vandal in the act. He described a graying man in his 50s seated in a silver SUV wearing white gloves, calmly firing metal marbles from a slingshot across six lanes of Ventura Boulevard in broad daylight. From that description and other clues, police arrested an unlikely suspect: a 58-year-old investment advisor named Michael Steven Poret, who lives in the hills of Encino and works at the Rodeo Drive office of UBS Financial Services in Beverly Hills.
CALIFORNIA | LOCAL
October 3, 1988
Conrad's Sept. 26 political cartoon showing David with a missile and atom bomb instead of the fabled slingshot will enrage a segment of the Jewish community. But it reflects a truth. Yesterday's slingshot will not destroy the giants that seek to exterminate Israel and/or deny its right to exist. It may well take the threat of missiles and atom bombs to bring an end to the madness that exists in the Middle East, and elsewhere, as nations arm themselves with weapons that, if used, can only bring victory at a cost of destroying civilization as we know it, and the future for a world that needs to recognize differences exist.
CALIFORNIA | LOCAL
February 4, 2009 | David Kelly
Times were so tough for window repairman Timothy Carl Klenke, police say, that he decided to take proactive measures: He armed himself with a slingshot and began cruising around the city, shattering at least five windows and car windshields as he went. "The statements he gave to officers led them to believe he was out to drum up business and was prepared to go out and do some more damage," Redlands police spokesman Carl Baker said Tuesday. Witnesses reported seeing Klenke, 50, driving around in his Honda in the areas where the vandalism occurred.
BUSINESS
February 28, 2010 | By Stuart Pfeifer, Carol J. Williams and Robert Faturechi
'Look of terror' d Umni Suk Chung screamed, "No brakes! No brakes! No brakes!" as her Lexus RX330 sped along the shoulder of the 10 Freeway in West Los Angeles on a deadly collision course. Chung's luxury SUV was going nearly 80 mph when it smashed into a Mercedes sedan on the Overland Avenue exit ramp. The Lexus overturned, killing Chung's sister-in-law, Esook Synn, who was seated in the back seat. Chung and another passenger were badly injured. A woman who said she witnessed the accident said that she could see a "look of terror" in Chung's face just moments before the Dec. 15, 2008 crash.
NEWS
September 17, 1995 | Kevin Thomas
This bittersweet but warm 1993 account of growing up in Sweden as the child of socialist parents takes its title from the play toy fashioned by its ingenious 10-year-old hero Roland Schutt (Jesper Salen, pictured) from condoms his mother sells to her friends. Roland's enterprise is doubly significant: As the film is based on an autobiographical novel, set in the '20s, it foreshadows Roland's adult career as an inventor, and it reveals that Sweden was once far from the nation it is today.
SPORTS
February 17, 1985 | Associated Press
Geoff Bodine, using a classic last-lap slingshot maneuver, outran four challengers Saturday to win the Goody's 300 Late Model Sportsman race at Daytona International Speedway. Bodine's Pontiac beat the second-place Pontiac of Bobby Allison across the finish line of the 300-mile race by about one car-length. The 120-lap race on the 2.5-mile, high-banked oval was hotly contested throughout, with 27 lead changes among eight drivers.
CALIFORNIA | LOCAL
January 28, 1995 | JAN STEVENS
Simi Valley police are looking for a vandal who may have used a slingshot to damage buses, cars, residences and businesses this month. Sgt. Gordon Weeks said the vandal has been firing marble-sized metal balls at windows and windshields. The balls have damaged property, but so far no one has been hurt. "No one has seen him, but we're guessing from the damage it's a slingshot," Weeks said. Police did not have a damage estimate Friday.
CALIFORNIA | LOCAL
September 14, 2010 | By Andrew Blank stein, Los Angeles Times
Los Angeles city prosecutors said Monday that they expect to charge more than a dozen people in the series of street protests in the Westlake district last week after a police shooting of a Guatemalan immigrant. Prosecutors are reviewing evidence presented by the Los Angeles Police Department against people accused of attacking officers or refusing to follow law enforcement orders during the protests, said Junior Baits-Romero, a spokesman for the city attorney's office. Officials are looking at police reports, news video footage and witness accounts in building the cases.
BUSINESS
February 28, 2010 | By Stuart Pfeifer, Carol J. Williams and Robert Faturechi
One car barreled through a stop sign, struck a tree and landed upside down in a Texas lake, drowning four people. Another tore across an Indiana street and crashed into a jewelry store. A third raced at an estimated 100 mph on a San Bernardino County street before striking a phone pole, killing the owner of a sushi restaurant. At least 56 people have died in U.S. traffic accidents in which sudden unintended acceleration of Toyota Motor Corp. vehicles has been alleged, according to a Times review of public records and interviews with authorities.
BUSINESS
February 28, 2010 | By Stuart Pfeifer, Carol J. Williams and Robert Faturechi
'Look of terror' d Umni Suk Chung screamed, "No brakes! No brakes! No brakes!" as her Lexus RX330 sped along the shoulder of the 10 Freeway in West Los Angeles on a deadly collision course. Chung's luxury SUV was going nearly 80 mph when it smashed into a Mercedes sedan on the Overland Avenue exit ramp. The Lexus overturned, killing Chung's sister-in-law, Esook Synn, who was seated in the back seat. Chung and another passenger were badly injured. A woman who said she witnessed the accident said that she could see a "look of terror" in Chung's face just moments before the Dec. 15, 2008 crash.
BUSINESS
July 23, 2009 | David Colker
Cellphones in prisons have become a big problem, with inmates devising ever more exotic ways of smuggling them in. So federal prison officials have a new plan: If you can't beat 'em, jam 'em. The proposed Safe Prisons Communications Act of 2009 would allow prisons to install wireless jamming systems that would make cellphones useless behind bars. Sen. Dianne Feinstein (D-Calif.
SPORTS
March 14, 2009 | Kevin Baxter
Times staff writer Kevin Baxter looks at the World Baseball Classic as it moves to Miami and San Diego this weekend: Surprise! The Netherlands -- David beat Goliath . . . twice. The Netherlands, with one current major leaguer on its roster and a WBC-low .151 team batting average, knocked out a Dominican team that had 10 big league All-Stars. The Dutch's one major leaguer: Pitcher Rick VandenHurk, who was 1-1 with a 7.71 earned-run average last season for the Florida Marlins.
CALIFORNIA | LOCAL
February 4, 2009 | David Kelly
Times were so tough for window repairman Timothy Carl Klenke, police say, that he decided to take proactive measures: He armed himself with a slingshot and began cruising around the city, shattering at least five windows and car windshields as he went. "The statements he gave to officers led them to believe he was out to drum up business and was prepared to go out and do some more damage," Redlands police spokesman Carl Baker said Tuesday. Witnesses reported seeing Klenke, 50, driving around in his Honda in the areas where the vandalism occurred.
NEWS
June 7, 1995 | DAVID R. BAKER, SPECIAL TO THE TIMES
They would strike without warning, firing jawbreakers and cinnamon fireballs out of the inky blackness of night. Candy would hit car windows, shattering the glass. And before anyone could identify the culprits, whoever shot the sugar bullets from a high-powered slingshot had fled.
SPORTS
February 12, 1988 | SHAV GLICK, Times Staff Writer
When NASCAR decided to slow its Winston Cup cars at Daytona and Talladega in the interests of safety--by mandating use of a one-inch carburetor restrictor plate--a side effect may be taking some of the fun out of the racing. It was apparent Thursday in the Twin 125-mile qualifying races at Daytona International Raceway that the exciting maneuver of a car slingshotting past another in racing for the lead is a thing of the past.
SPORTS
October 10, 2006 | Mike DiGiovanna, Times Staff Writer
So here we are, at the American League Championship Series, Game 1 between the Detroit Tigers and Oakland Athletics tonight in McAfee Coliseum, and what's a network television executive with an eye for ratings to do? There is no David, no Goliath, no Cinderella, no A-Rod. There are no antiquated stadiums for broadcasters to wax nostalgic about, no long-suffering fans who have endured centuries without a championship, no bombastic owners in white turtlenecks lording over the proceedings.
NEWS
September 14, 2006 | Brenda Rees, Special to The Times
GIOVANNI ZOPPE is stuck between Nino the Clown and a hard place. Reconstituting the legendary Zoppe Family Circus as a one-tent act for the last three years, Zoppe has juggled life as a performer with the troupe's business responsibilities. At times, matters such as the sensibility of touring schedules suffer. "We are here in New York and then we come to Hollywood for three days and then back to Chicago, our home base," Zoppe says with a sigh from the road. "This is crazy.
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