ICA: Mexico's Massive Investment Will Send This Beaten-Down Stock Back To The Stars [View article]
The other major homebuilders in Mexico: Geo, Urbi, Homex -- are on the brink of insolvency due to the government's changes in housing development policy. What's to stop ICA from ending up down the same road if they can't unload their business? Given that the rest of the Mexican homebuilding industry is on life support, you really need to give more than cursory detail to ICA's balance sheet.
Gold And Silver Royalty Companies Part 3: Silver Wheaton Corp. [View article]
Why? Humala is as pro-FDI as just about any leaders in South America at present, and Humala IS the left wing in Peru. The Peruvian governments can get only more conservative from there if he loses his next election.
Term Structure A Headwind For Dynamic VIX Hedge [View article]
The month 7 to 4 contango ratio is actually at about the lowest it has been in many months, making VXZ have less contango meltaway than usual. VXZ would be falling faster had the contango not come in over the past few days. http://vixcentral.com
Term Structure A Headwind For Dynamic VIX Hedge [View article]
"Since writing that first post, we believe certain dynamics have shifted in the volatility landscape which make a buy-and-hold position in XVZ a more expensive hedge than what we had originally anticipated."
Nothing shifted in the landscape. Your original errant assumptions led to faulty anticipations.
I previously insinuated that I thought you were a pump and dumper. In retrospect, I was totally and completely wrong. I still think your Star Scientific thesis didn't make much sense, but I totally misjudged your motives. My sincere apologies.
To other people who have questions about Altuchers' motives when it comes to stocks, please read his blog: http://bit.ly/W3JuKU You'll see he's a great thinker with a lot of unconventional spot-on advice (don't go to college, don't buy a house, etc.) Now I'm not sure if his thought process leads to the best of stock picks all the time, but if you read his blog, you'll see his ethics are above reproach.
I'd definitely take you up on the cup of coffee sometime.
3 Reasons To Avoid Alon USA Energy In The Wake Of A Recent Upgrade [View article]
That's hilarious, comparing refining, to oil E&P. Refiners sell at less than .1 P/S in hard times up to about .3 P/S in boom periods. XOM typically trades close to 1 P/S.
Of course refiners have low margins!!! They are buying oil at $70, refining it, and making $10 or $20 a barrel (if times are good) on it. Their COGS as a portion of revenue is massive. This doesn't make them a bad business, just one that gets valued lower on a P/revenue basis.
Author needs remedial education on the refining industry.
ICA: Mexico's Massive Investment Will Send This Beaten-Down Stock Back To The Stars [View article]
ICA: Mexico's Massive Investment Will Send This Beaten-Down Stock Back To The Stars [View article]
Protect Your Portfolio While VIX Futures Are Cheap [View article]
Miners Over Metal [View article]
Absolutely no on the first one, and I doubt it on the second one.
Gold And Silver Royalty Companies Part 3: Silver Wheaton Corp. [View article]
Gold And Silver Royalty Companies Part 3: Silver Wheaton Corp. [View article]
No. Peru is a safe mining jurisdiction. Even the current left-wing government is pro mining.
Term Structure A Headwind For Dynamic VIX Hedge [View article]
Term Structure A Headwind For Dynamic VIX Hedge [View article]
Nothing shifted in the landscape. Your original errant assumptions led to faulty anticipations.
Insider Laugh Money: Altucher's Picks [View article]
Insider Laugh Money: Altucher's Picks [View article]
Cramer also answered it ... albeit a bit indirectly IIRC ... in his excellent memoir Confessions Of A Street Addict.
Insider Laugh Money: Altucher's Picks [View article]
To other people who have questions about Altuchers' motives when it comes to stocks, please read his blog: http://bit.ly/W3JuKU You'll see he's a great thinker with a lot of unconventional spot-on advice (don't go to college, don't buy a house, etc.) Now I'm not sure if his thought process leads to the best of stock picks all the time, but if you read his blog, you'll see his ethics are above reproach.
I'd definitely take you up on the cup of coffee sometime.
Insider Laugh Money: Altucher's Picks [View article]
3 Reasons To Avoid Alon USA Energy In The Wake Of A Recent Upgrade [View article]
Of course refiners have low margins!!! They are buying oil at $70, refining it, and making $10 or $20 a barrel (if times are good) on it. Their COGS as a portion of revenue is massive. This doesn't make them a bad business, just one that gets valued lower on a P/revenue basis.
Author needs remedial education on the refining industry.
Is It Finally Time To Short U.S. Treasury Bonds? [View article]
Is It Finally Time To Short U.S. Treasury Bonds? [View article]