Danny Furman

Why a Market Crash Doesn’t Matter

This article is entirely worthless to me and most readers at SA, however it is entirely true. The author analyzed some of the most successful and well positioned companies in the world, all of which figure to be great long term investments.
The problem is that most of us don't have 7 figure net worths and are not concerned primarily with wealth preservation. Buying stocks today for income, whether it be short to medium term trading or dividend investing, is out of the question.
Unlike Warren Buffett, I don't buy companies. I buy stocks.

The gold market disconnect: Where futures prices are soaring, but demand for physical gold is 34% below a year ago - and where one mint (Austria's) is cutting production of the metal coins on lower expected demand, while the U.S. Mint plans to resume making coins under an ounce in weight on Dec. 3.

Not surprising it was an LA Times piece, it will probably be in the San Diego UT tomorrow. Investment demand might be up exponentially, but still pales in comparison to speculation in other markets. Demand is obviously up, regardless of what the article says.

Investments that Could Hold Up to a Double Dip

Slum bucket ETF, anyone? Ticker "SLUM" is available.

Best Performing Stocks of the Decade

Talk about stock porn! Suddenly I feel the urge to buy OOTM options that expire in 4 hours!

Harvard professor Brandon Adams says some of the best potential traders are professional poker players: "They’re used to skirting the edge of ruin and they learn the tools of how to do that." If so, maybe Wall Street recruiters should be looking here and here.

Couldn't agree more. But in Adams' case, trading well might not compensate for his bad poker play. (www.highstakesdb.com/p...)

Unemployment was up in 29 states in October, with California, Delaware, South Carolina and Florida reaching record levels. Fourteen states are in double digits, and Michigan still leads the nation with 15.1%, followed by Nevada at 13% and Rhode Island at 12.9%.

...the half that represent 80% of the population and 90% of the wealth

Expect a Near-Term Setback in Real Estate

Let's not be stupid and posit anything but (c), unless we're talking about Brazil.


On Nov 20 09:53 AM Mad Hedge Fund Trader wrote:

> cguSometimes I think I’m the only guy who follows lumber futures.
> But they are a great “tell” on the direction of wide swaths of the
> economy. Today, I’m not alone. Chart watchers have gone apoplectic
> because they think the five year downtrend for this most unloved
> of commodities was broken yesterday with an impressive limit up move
> (see my April call to buy this aromatic commodity by clicking here
> at www.madhedgefundtrader... ). The move
> is telling us that either (a) new home construction is slowly reviving,
> (b) the Chinese have stepped up their buying of natural resources,
> (c) hard asset investors are rotating into the laggards after running
> up everything else, (d) the economy is recovering faster than we
> realize, or (e) all of the above. Better take a look at top lumber
> producers Weyerhaeuser (WY) and Louisiana Pacific (LPX), or the Timber
> ETF (CUT). If you want to know how to get involved in the futures,
> please email me at madhedgefundtrader@yah...

Dr. Copper Spots a Monster Crash

Thanks for the article and well reasoned debate below. MA has me convinced with his contrarian logic, however the author will likely be right short term as commodities briefly tank while equity markets correct for the longer term.

Coinstar: Standing Up to Continued Challenges from Hollywood

Would you like to grab lunch sometime?


On Nov 20 09:31 AM kenscarcare wrote:

> Who's the idiot who wrote this article. No name, no email....Seeking
> Alpha? What a bunch of idiots!

The Complete List of Taiwanese ADR Stocks

What about CTEL, TSTC...

GDXJ: Who Belongs, Who Should Be Replaced

I'm disappointed not to see any of the TSX bargains that I can't buy in the US on the list. Perhaps they comprise some of the smaller holdings. The 200M min market cap could make GDXJ underperform GDX.

Coinstar: Standing Up to Continued Challenges from Hollywood

<img class="authors_reply" src="static.seekingalpha.co...">
I guess movies shouldn't be cheap entertainment and are more of a fine art. DVDs should cost 7 figures because that's what Tom Cruise wants.
Your comments about growth and profit make no sense. Saturating the market will mean lowered marketing and R & D costs and improved margins as long as sales stay close to even. Regardless, the market is maybe 15% saturated in the US and less so abroad.

On Nov 18 04:49 PM joey554 wrote:

> You are so off base in this article. The only one using predatory
> practices is Red Box. They are using predatory pricing to gain market
> share also they are only showing profit through growth that will
> fall apart once the market is saturated. Not only that the pricing
> they are using is devaluing the entire Video Industry along with
> packaged media. Please tell me why a studio would trade away pennies
> with red box when they can get dollars at retail. The reason CSTR
> stock is taking a beating is because they have no work arounds in
> place that they can use that is finiancially sensiable to get these
> titles and they don't stand a chance of winning these lawsuits. Also
> they have done some price increase test in two different markets
> and consumers are not reacting favorably to them. They thought with
> these friviolous lawsuits they would get some leverage in negotiations
> with the studios. Alls they've ended up doing is uniting the studios
> to stand against the company (CSTR) that is trying to dictate to
> an industry what their product should be worth ( good luck with that).
> The stock will probabally take even more of a hit once Paramount
> voids their deal come December with Red box. The time to dump this
> stock is now.

Coinstar: Standing Up to Continued Challenges from Hollywood

My point is that rental fees are so high that only a fool would rent at BBI, which is why most sane analysts expect them to go bankrupt and the mkt cap is 8 figures. If the rental business is to continue, it's through Redbox and Netflix. Otherwise it's done.

Viking Systems: Undervalued and Breaking New Ground (OTC:VKNG)

The pumping I referred to was e-mails I got from penny stock junky services. in.finance.yahoo.com/q...

Cramer's Mad Money - You Can Buy Pretty Much Everything (11/16/09)

Market top confirmed, thanks Cramerica.