Elegant Solution For DryShips And Ocean Rig [View article]
The limits of who is and isn't included is impossible for me to confirm. My guess is 80% of the world's citizenry claiming to make over 60K per year is involved in major lending and tax fraud.
That is why the system cannot and will not function correctly.
A perfect example is the NBA. None of them are making anywhere near their contract amounts.
The world banking system should just be destroyed.
Elegant Solution For DryShips And Ocean Rig [View article]
I think the true problem is uncovered if one digs all the way back to who does and doesn't have money. The problem is that the biggest buyers in the world actually don't have any money. They just pretend they do. The ramifications are that at some point, that money borrowed cannot be paid back, and the people who bought those securities lose.
The most pathetic part about the worldwide lending fraud going on is that the drybulk sector is honestly probably not even in the bottom half in terms of honesty. At least drybulk companies are disclosing their poor behavior. Does AT&T? Does Haliburton? Does Burger King? Does anybody believe Apples' earnings? Who are these chumps claiming to be auditors of these financial statements?
For all of the above reasons, I have decided to leave public financial markets and only deal in private deals. When corrupt bums can break the law to get monies and then outbid every honest person, the system needs to be completely destroyed.
Elegant Solution For DryShips And Ocean Rig [View article]
Better than average article, although it is suffering from excessive bullishness. The problem with this entire sector, but especially this stock is there is no true catalyst worth risking money on. Every catalyst out there is either tiny, not true, or overshadowed by a crashing world economy, literally polluted with lending fraud.
The 2 Best Drybulk Equities: Navios Maritime And Diana Shipping [View article]
Wow, I think this is the longest I have gone without making a trade or writing an article on drybulk. I have some deep writer's block, but when it subsides I will be a better writer/analyst for it.
The whole sector looks like the weakest in the whole world right now. I'm expecting a US recession to finally emerge in the next 12 months. Not likely as big as the prior one, but probably not tiny. The amount of lending fraud and income fraud of all sorts is really through the roof. Plus, even if the Chinese exchange rate ever reverses heavily to benefit US job growth, that will still take a structural recession to reorganize the economy.
I am recommending 100% cash at this time to all who are interested. Gold seems a short as well.
Cash is king, and that is why drybulk is stuck.
As usual, ramisle has provided superior research. I will eventually get back to writing on drybulk.
Why Peter Schiff And Jim Rogers Are Wrong About The Collapse Of The Dollar [View article]
Go walk around any new housing development in California and look at the number of TOTAL CONFIRMED losers looking at homes to purchase. These total frauds are also driving Lexus SUVs and drinking Starbucks as if money is growing on trees.
True, I am not quite deep enough into the tax reporting and lending game to give dramatic insights. Nonetheless, the insights I'm providing should be enough for people to be aware that something is wrong.
Not 1-2 experiences. More like, 30% of every experience. The further issue that makes me even more suspicious is the complete secrecy of such events in the mass media. A person watching mass media television is led to believe that what I suggest is happening with extremely high frequency only happens a few times per year per city. Not the case.
The documentation necessary to fool a lender is child's play. In fact, phony legal documentation can be created. The w-2s themselves can be totally, totally fake and nobody can get caught for anything. The originating business uses people as tax deduction slaves. These slaves obide by this method of grossly exaggerated pay because they are by and large financially illiterate and trapped and are searching for any way possible to get a mortgage or second mortgage to keep up the game that they are normal people.
In many cases, I believe that Chinese restaurants in particular obtain fraudulent business loans using this very same method. Then, they also buy luxury vehicles and luxury homes (sometimes income property) using the entire scam. Have you seen how many luxury vehicles are flooding US freeways? How is this mathematically possible when unemployment is still as bad as it was in the peak of the 1983 recession?
If I could fully mastermind the scam, I assure you I would myself partake, but those who do it are so secretive of this, I have not figured it out all the way yet.
Just to be totally clear of my thoughts, I feel there are two salient points to focus on. One, I think the US economy is recovering, albeit very, very slowly so as to flush out as many of these frauds as possible. The US economy is going to probably absolutely bulldoze the Chinese economy due to a rising Chinese Yuan, which has caused a massive artificial nominal transfer of wealth to begin reversing back into the US.
Second point is that these frauds I speak of are at least 30 times as common as any US citizen suspects, and the frauds are most highly correlated with foreigners living in the US. People who have just had an unexpected baby are also high on the list of suspicion and desperation.
MetroPCS Shines As Phone Subsidies Plunge; Sprint Continues To Grow Unprofitably [View article]
There are worse things than an ego.
What I'm saying is that MetroPCS has a secret level of low-risk versus Sprint.
If a recession develops out of the blue (stranger things have happened), then PCS will outperform by a long distance. That is going ignored by most investors.
In general, the entire cell phone industry seems to be dominating the entire stock market though when you stand back and look at it.
Excel Maritime: Another Drybulker To Bite The Dust? [View article]
Yes. I think it will be delayed for longer than I originally thought though. Overall, my opinion of Dryships is that it has breached past the point of no return. I don't think the company can be saved in any circumstance, but there is no telling when lenders will agree with me. Could be 5 years. My prediction is Dryships goes to zero within three years. EXM and EGLE with likely both beat that time though.
Upgrading DryShips To Neutral From A Sell [View article]
Overall, I'd say the BDI looks very, very weak. It went down every day for over 30 days straight until today.
The interesting thing to see is it is likely revenues will fall for a while for the entire consolidated company because ORIG is a bit tapped out for a bit and now drybulk ships will be coming off of charters soon.
MetroPCS Shines As Phone Subsidies Plunge; Sprint Continues To Grow Unprofitably [View article]
Just because Sprint is risky? So you admit Sprint is risky now? Why? I thought every thing is peachy?
You see, that is the difference between MetroPCS and Sprint. I will not have to take back my assessment even in the least bits. MetroPCS is much less risky than the rest of the sector. And assets with lower risk deserve to be priced with a lower risk premium.
When you tell us that you think Sprint is risky, by default you are telling us that you think it is overpriced and needs more of a risk premium.
Your characterizations of me and my position as a writer are nothing but ad hominem and red herrings to distract from the issue of valuation upon us.
And as I said, if you want to play the smart guy for a while, I will sit out and read your article. I will analyze it for academic merit and comment. But until then, I won't.
I wanted to just point out, that after nearly a month, the poster above me couldn't come up with a single response to my very simple question of what should MetroPCS management do differently.
I have metropcs. I have two friends with T. It is THEIR coverage which frequently ends our calls, not mine.
AT&T is just a brand name. Good home service, but not the best choice for mobile, or at the very least not the value or premium experience so well touted.
Elegant Solution For DryShips And Ocean Rig [View article]
That is why the system cannot and will not function correctly.
A perfect example is the NBA. None of them are making anywhere near their contract amounts.
The world banking system should just be destroyed.
Elegant Solution For DryShips And Ocean Rig [View article]
The most pathetic part about the worldwide lending fraud going on is that the drybulk sector is honestly probably not even in the bottom half in terms of honesty. At least drybulk companies are disclosing their poor behavior. Does AT&T? Does Haliburton? Does Burger King? Does anybody believe Apples' earnings? Who are these chumps claiming to be auditors of these financial statements?
For all of the above reasons, I have decided to leave public financial markets and only deal in private deals. When corrupt bums can break the law to get monies and then outbid every honest person, the system needs to be completely destroyed.
Elegant Solution For DryShips And Ocean Rig [View article]
The 2 Best Drybulk Equities: Navios Maritime And Diana Shipping [View article]
The whole sector looks like the weakest in the whole world right now. I'm expecting a US recession to finally emerge in the next 12 months. Not likely as big as the prior one, but probably not tiny. The amount of lending fraud and income fraud of all sorts is really through the roof. Plus, even if the Chinese exchange rate ever reverses heavily to benefit US job growth, that will still take a structural recession to reorganize the economy.
I am recommending 100% cash at this time to all who are interested. Gold seems a short as well.
Cash is king, and that is why drybulk is stuck.
As usual, ramisle has provided superior research. I will eventually get back to writing on drybulk.
The 2 Best Drybulk Equities: Navios Maritime And Diana Shipping [View article]
Why Peter Schiff And Jim Rogers Are Wrong About The Collapse Of The Dollar [View article]
Why Peter Schiff And Jim Rogers Are Wrong About The Collapse Of The Dollar [View article]
True, I am not quite deep enough into the tax reporting and lending game to give dramatic insights. Nonetheless, the insights I'm providing should be enough for people to be aware that something is wrong.
Not 1-2 experiences. More like, 30% of every experience. The further issue that makes me even more suspicious is the complete secrecy of such events in the mass media. A person watching mass media television is led to believe that what I suggest is happening with extremely high frequency only happens a few times per year per city. Not the case.
The documentation necessary to fool a lender is child's play. In fact, phony legal documentation can be created. The w-2s themselves can be totally, totally fake and nobody can get caught for anything. The originating business uses people as tax deduction slaves. These slaves obide by this method of grossly exaggerated pay because they are by and large financially illiterate and trapped and are searching for any way possible to get a mortgage or second mortgage to keep up the game that they are normal people.
In many cases, I believe that Chinese restaurants in particular obtain fraudulent business loans using this very same method. Then, they also buy luxury vehicles and luxury homes (sometimes income property) using the entire scam. Have you seen how many luxury vehicles are flooding US freeways? How is this mathematically possible when unemployment is still as bad as it was in the peak of the 1983 recession?
If I could fully mastermind the scam, I assure you I would myself partake, but those who do it are so secretive of this, I have not figured it out all the way yet.
Just to be totally clear of my thoughts, I feel there are two salient points to focus on. One, I think the US economy is recovering, albeit very, very slowly so as to flush out as many of these frauds as possible. The US economy is going to probably absolutely bulldoze the Chinese economy due to a rising Chinese Yuan, which has caused a massive artificial nominal transfer of wealth to begin reversing back into the US.
Second point is that these frauds I speak of are at least 30 times as common as any US citizen suspects, and the frauds are most highly correlated with foreigners living in the US. People who have just had an unexpected baby are also high on the list of suspicion and desperation.
Fin
Why A Fiscal Cliff Deal Will Bring Austerity And A Recession To America In 2013 [View article]
MetroPCS Shines As Phone Subsidies Plunge; Sprint Continues To Grow Unprofitably [View article]
What I'm saying is that MetroPCS has a secret level of low-risk versus Sprint.
If a recession develops out of the blue (stranger things have happened), then PCS will outperform by a long distance. That is going ignored by most investors.
In general, the entire cell phone industry seems to be dominating the entire stock market though when you stand back and look at it.
Excel Maritime: Another Drybulker To Bite The Dust? [View article]
Excel Maritime: Another Drybulker To Bite The Dust? [View article]
Upgrading DryShips To Neutral From A Sell [View article]
The interesting thing to see is it is likely revenues will fall for a while for the entire consolidated company because ORIG is a bit tapped out for a bit and now drybulk ships will be coming off of charters soon.
MetroPCS Shines As Phone Subsidies Plunge; Sprint Continues To Grow Unprofitably [View article]
You see, that is the difference between MetroPCS and Sprint. I will not have to take back my assessment even in the least bits. MetroPCS is much less risky than the rest of the sector. And assets with lower risk deserve to be priced with a lower risk premium.
When you tell us that you think Sprint is risky, by default you are telling us that you think it is overpriced and needs more of a risk premium.
Your characterizations of me and my position as a writer are nothing but ad hominem and red herrings to distract from the issue of valuation upon us.
And as I said, if you want to play the smart guy for a while, I will sit out and read your article. I will analyze it for academic merit and comment. But until then, I won't.
Buy MetroPCS: A Turnaround Story [View article]
Buy MetroPCS: A Turnaround Story [View article]
AT&T is just a brand name. Good home service, but not the best choice for mobile, or at the very least not the value or premium experience so well touted.