Seeking Alpha
View as an RSS Feed

H. T. Love  

View H. T. Love's Comments BY TICKER:
Latest  |  Highest rated
  • There Is Little 'Fact' In The Austerity Vs. Deficit Spending Debate [View article]
    John,

    A good read in Cullen's paper. Should be mandatory.

    The second link has what seems a glaring inaccuracy: "Cullen has indicated that the key to understanding modern monetary theory ..."

    AFAICT, monetary reality, not theory was his goal. I do recognize that close proximity of the description in Cullen's paper and MMT, but ISTM Cullen shied away from "theory" for a reason and those folks at erablogdotcom should honor the separation Cullen created.

    Good to see you.

    HardToLove
    Apr 26, 2015. 08:31 AM | 1 Like Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    That was touching!

    What a great find Maya!

    HardToLove
    Apr 25, 2015. 05:19 PM | 3 Likes Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    WWT: In-flight? Parachute? :-))

    HardToLove
    Apr 23, 2015. 11:57 AM | 4 Likes Like |Link to Comment
  • AXPW Split-Adjusted Fails-To-Deliver Charts 2014 Onward [View instapost]
    Fails updated through EOM March (less 3 trading days). Note the significant and consistent increase in the fail volume (remember it's cumulative, not a daily new volume) shortly before the B warrant conversion begins falls off rapidly once the conversion date arrives.

    They weren't even waiting to let the natural course of events take hold - they started hammering by naked shorting to ensure the price would enter a death spiral.

    HardToLove
    Apr 22, 2015. 05:58 PM | 2 Likes Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    Maya: I suspect the VLCC rates are rising as they are also being used to a high degree as storage for the speculators.

    Just like last time around - you remember those pics and stories, I know.

    HardToLove
    Apr 22, 2015. 02:29 PM | 5 Likes Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    WT: Another good 'un from Mauldin.

    I do like the black hole and event horizon analogy. Fits, in a way, with Mises's "once a credit bubble collapse begins it can not be reversed" (I hope I remember that correctly).

    Thx!
    HardToLove
    Apr 22, 2015. 02:27 PM | 4 Likes Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    Joseph Stiglitz: We've created "Ersatz Capitalism" .

    http://cnb.cx/1DhFrAb

    Not news to us'ns, but nice to see a respected figure lay it out.

    HardToLove
    Apr 22, 2015. 09:43 AM | 4 Likes Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    Related to that, whodda thunk it? Government data in error?! No way!

    http://cnb.cx/1DhEU1b

    HardToLove
    Apr 22, 2015. 09:40 AM | 3 Likes Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    For those, like me, w/o a subscription to the WSJ, Google, with the quotes, "Why Did These Oil Workers Die?" to get by the paywall.

    HardToLove
    Apr 22, 2015. 06:31 AM | 4 Likes Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    I found "The Global Liquidity Squeeze Has Begun" interesting.
    http://bit.ly/1J8dQbG

    And the accompanying link in the article, flagged "... the biggest spike in credit application rejections ever recorded in the United States ..." was worth a look too.

    http://bit.ly/1GgaM9M

    HardToLove
    P.S. Interesting comments too.
    Apr 21, 2015. 06:55 PM | 6 Likes Like |Link to Comment
  • QuickChat #280, April 16, 2015 [View instapost]
    MJ: Moreover, he "layered" them in with multiple orders on the sell side at multiple price points to make it look like selling pressure was stacked up.

    I've seen this off and on in some of the junk I follow ... but not for a long time now.

    ISTM that these "stub" orders (IIRC that's what they are called - orders entered and never intended to execute) occurrences have been reduced over the years.

    Heh. Or maybe I don't watch the right equities.

    HardToLove
    Apr 21, 2015. 02:18 PM | 2 Likes Like |Link to Comment
  • Stability Of The European Union (23) January 1, 2015. [View instapost]
    More riots in the offing methinks.

    HardToLove
    Apr 20, 2015. 04:41 PM | 3 Likes Like |Link to Comment
  • Does Capstone Executive Shakeup Signal Another Bad Quarter? [View article]
    CN: Out of time to track that closely right now - using some recently freed up time (which I had none of for many months) to get some code written that will benefit down the road.

    HardToLove
    Apr 20, 2015. 12:07 PM | 1 Like Like |Link to Comment
  • Does Capstone Executive Shakeup Signal Another Bad Quarter? [View article]
    Jack,

    "So let me say this simply, and then give you some explanation, a decision was made by this board some years ago that the mice need to smell the cheese."

    "... On the basis of that and on the basis of prospect of that when we made that decision, we think it's quite justified to put the cheese out there and let the mice smell it".

    "Capstone Turbine's CEO Hosts Annual Shareholder Meeting (Transcript)"
    http://seekingalpha.co...

    Just use your browser search feature on "cheese".

    HardToLove
    Apr 20, 2015. 11:08 AM | 3 Likes Like |Link to Comment
  • Does Capstone Executive Shakeup Signal Another Bad Quarter? [View article]
    "You know full well that the terms of a CEO'S pay are criteria bound and set in advance"

    Weelllllll ... It was just a few years back, under a new incentive plan IIRC, that the co. missed badly and the board gave DJ & Co. bonuses anyway. When questioned about it the response from the board was (paraphrased as my memory is not that strong) "giving the mice some cheese (actual words) gives them incentive".

    So the "set in advance" doesn't seem to always be the case.

    HardToLove
    Apr 20, 2015. 09:57 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
18,427 Comments
25,676 Likes