Danny Furman

Property Values Set to Fall 43% from Current Depressed Levels

The 100x rule is not one I've heard before. Applying that to California makes housing here overvalued by 40-60% today.


On Nov 03 08:36 AM Thomas Smicklas wrote:

> Speculation.
>
> One factor determining property value is what it will produce if
> rented. The rule of thumb for general discussion is rent should be
> 100x the value of the home. If (when) inflation kicks up, this will
> impact property values more than a graph. One would reason that inflation
> should bump up rents. However, if job destruction under the present
> economically challenged Congress continues, all bets are off.

CBEH Gets a Much Needed Liquidity Boost

Well said, Alphameister. Ideally, the Company will use newly raised $$$ to buy another gas station or two, in addition to adding to storage/refining facilities. This offering is likely being taken advantage of by several funds, as previously only about 10% of outstanding shares were in public hands (data.cnbc.com/quotes/C...) and buying 10K+ shares likely meant buying at 5+ substantially different prices.
Ultimately, it is the latter definition you gave for "liquidity" that makes the stock appealing, and once the 5M shares are sold CBEH should perform extremely well.

Four Shippers Emerging from the Mire

I watched for it and you couldn't have been more wrong.


On Oct 22 09:14 AM Alan Young wrote:

> NMM did offer new common stock on 9/18, but has now recovered to
> the pre-dilution price. Good trick! And still a 12% dividend? Watch
> for next quarter's dividend announcement next week.

Recycling U.S. Coins into Silver

Silver Eagles are among the most counterfeited objects on Earth. 90% silver US minted currency is far more reliable, rarer, cheaper...

Recycling U.S. Coins into Silver

Those who mentioned ebay here apparently don't know how to use the website... Silver $5 over spot an oz??? I bought all my silver over the summer on ebay and paid about 60% of spot for WW2 nickels (30% silver, paid 50-60c/coin) and no more than spot for 90% silver coins (mostly half dollars). Anyone buying less than $10k in silver is doing himself a huge disservice by not spending the 15 minutes needed to find a bargain on ebay. Gold is likely safer and not much more expensive through a dealer.

Rising Commodity Prices Continue to Signal Recovery

Another joke from the fortune cookie economist...

Four Shippers Emerging from the Mire

KGM34 is correct above, however I'm curious why adding stock to buy ships is negative for a company in Brazil. Imports and exports there figure to expand exponentially.

Brazil: The Only Market Worth Investing In

Bill,
Thanks again, never in my wildest dreams did I think my writing would have a narcotic effect :). There is already talk about revoking the tax, as shown by Brazil stocks' outperformance yesterday. Definitely something to stay attentive to but, ultimately, Brazil will continue to outperform other markets enough to make a 2% tax on profits less than tragic. Surely I would be less prone to commit new money to Brazil today than I would have been when I wrote this article and, overall, I am very skeptical buying any stock with worldwide markets at current levels. If, however, markets pull back significantly (or if other markets continue to surge and Brazil lags due to fear about the tax) then I'll be buying Brazil.

PS. Next article is in the works. Value simply isn't as plentiful today as it was in May, when I started writing.

Best of luck to you, Bill.
-Danny

China's Stimulus-Based Investment Boom Is Just Beginning

Thanks for the informative article. Commodities, anyone???

Brazil: The Only Market Worth Investing In

Bill,
I don't use any software for such purposes. Frankly, I don't incorporate stop losses. I only sell for a satisfactory gain or on bad news. Search Seeking Alpha for reviews or someone more technically proficient.

Movers and Shakers Include Flu Stocks Sinovac and BioCryst Pharma

Mr. Garza,
Thanks for the article. I've been looking at SPPI for a month or two and mostly see the recent sell off as a great opportunity to get in. My apprehension comes from the director who recently sold 90% of his shares. Still, isn't the pipeline strong and diversified enough to make the company cheap anywhere under ~$400m?

All the best.

Sold Gold

This article is definitely early.
Silver's non-conformation has everything to do with supernatural volume in gold.
The comment about junior miners is completely false.
I agree that a real run for the dollar is coming, but stocks will tank first, followed by a peak in gold.
You should watch more Hewison videos, he suggests gold is on its way to 1200+ short term.

Buy These Three Stocks During the Dip in Highly Valued China

As you put it, Ramesh, the shares "migrate."

Gold: Is Now the Time to Buy?

Thanks for the article Jeff. It seems to me that the miners are always a better investment than gold, or are at least are until the miners make significant all time highs. Silver, on the other hand, has enough upside to make it a good unleveraged bet.
By any chance, Jeff, are you familiar with Minera Andes (MNEAF.OB, MAI on the TSX)? They are producing more silver than ever (1.4M+ oz last qtr at a property they co-own 49/51 with Hochschild) and the stock is 75% lower than it was a couple years ago. No hedges either. There has been some dilution, but I see better value there than even most producing juniors. I just bought some shares to replace recently closed positions in other miners and would appreciate any opinions you may have on this one.

OPEC boosts its 2010 oil demand growth outlook (.pdf) to 700K/day, up from a previous 500K, to 84.9 mbd. While the world economic picture is "getting better than anticipated," the strength and sustainability of the recovery will depend largely on a successful shift from public to private consumption, cartel says. Nov. crude +1% to $74.05.

Did they really just boost demand 40%!!!???? Either OPEC wants top dollar before another crash or the old number was a joke... More proof that it's King Crude, not King Dollar.