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Mark Riddix  

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  • 3 Ways to Get Rid of a $13.728 Trillion Deficit [View article]
    That should say 90% of the debt.
    Nov 4, 2010. 05:55 PM | Likes Like |Link to Comment
  • Why Microsoft Should Buy Research In Motion [View article]

    I agree. I don't know why Microsoft always pursues deals that make no sense for the company.
    Oct 12, 2010. 02:28 AM | 2 Likes Like |Link to Comment
  • Why I'm Holding On to Chicago Bridge & Iron [View article]
    Hi Stan,

    Do you have any favorite plays for the LNG sector?

    Oct 12, 2010. 02:23 AM | Likes Like |Link to Comment
  • 5 Reasons Why America's Middle Class May Soon Be Extinct [View article]
    Very true.
    Jul 28, 2010. 03:14 PM | 1 Like Like |Link to Comment
  • 5 Reasons Why America's Middle Class May Soon Be Extinct [View article]
    I mean that wages are shrinking because they are not keeping pace with inflation.
    Jul 28, 2010. 03:13 PM | 5 Likes Like |Link to Comment
  • Visa: When Plastic Beats Paper [View article]
    The Office Space analogy is a great one!
    Jun 16, 2010. 03:38 PM | 1 Like Like |Link to Comment
  • Banks: The Best Short for 2010 [View article]
    I think the time to short the bank stocks was before 2009. They were trading at high P/E multiples and the housing crisis was beginning to unfold. I think that now is a good time to start investing in the major banks because earnings should surprise to the upside in the future.
    Jan 16, 2010. 09:03 PM | Likes Like |Link to Comment
  • 5 Reasons Why the Apple iSlate Will Be a Failure [View article]
    It's tough to bet against APPLE. The islate will crush the kindle.
    Dec 31, 2009. 09:28 PM | 2 Likes Like |Link to Comment
  • First Mariner: Microcosm of an Industry's Woes [View article]
    My point is that the banking industry and government regulators as a whole did a terrible job of risk management. Excellent points minyahdaddy. I believe that Tier 1 capital requirements are way too low and that asset quality needs to be improved on bank balance sheets. Many banks that are deemed sufficiently capitalized would have been unable to survive this recession without government assistance due to the poor asset quality and insufficient capital.. Hale already owns over 21% of the existing shares and plans on purchasing more.
    Dec 31, 2009. 09:20 PM | Likes Like |Link to Comment
  • Warren Buffett Getting No Respect [View article]
    Warren Buffett is a long term investor and not a market timer. His performance has to be judged over a decade not over the course of a few months.
    Jun 24, 2009. 06:46 PM | 2 Likes Like |Link to Comment
  • Regulators Urge Caution on Leveraged ETFs: It's About Time [View article]
    Good point. Leveraged ETF's are highly volatile and are useful for short term trading only. Most are rebalanced on a daily basis. They have no place in the core of a portfolio.
    Jun 24, 2009. 06:43 PM | Likes Like |Link to Comment
  • Dividend Cuts: Who's Next? [View article]
    Excellent Points.

    On Mar 05 06:25 PM philipmax wrote:

    > I do agree with you, greedcanbegood, that there is a big difference
    > between investment banking as conducted by Citi and JPMorganChase
    > and plain vanilla banking such as USB and PNC. But the market isn't
    > taking the time to differentiate .
    > I have great faith in the "good banks" but they stood in line to
    > get the TARP and I don't see them refuting the excesses that are
    > attributed to the others.
    > There is no doubt in my mind that the repeal of the Glass-Steagle
    > act in 1997 was the ignition point for this debacle. It took ten
    > more years of unabated greed supported by the total lack of supervision
    > and enforcement to get us here.
    > So, any bank that takes TARP money and reduces its dividend and still
    > reporting large reserves for bad debt, is probably hiding some shenanigans
    > in its balance sheet. And... Yes, the management should bear responsibility,
    > either by resigning or by reducing its bloated pay scales. As to
    > stock options, for what? Pray tell, for what? Why should we the stockholders
    > have to suffer dilution of our equity (be it ever so small) at the
    > expense of mismanagement.? I stand pat with my demands and would
    > like to add that there ought to be some indictments coming soon or
    > there may well be an unwelcome surge in "other" crimes in this country
    > as the population reacts to injustice.
    Mar 9, 2009. 12:31 AM | 1 Like Like |Link to Comment
  • Dividend Cuts: Who's Next? [View article]
    I own stock in Wells Fargo, Bank of America and JPMorgan actually. I hate seeing these dividend cuts but realize that they are essential to maintaining capital levels.

    On Mar 05 06:31 AM oceansmike wrote:

    > Mark, 1. Its being pounded lower by Shorts and Naked shorts , and
    > 2. Why are so many short traders so interested in WFC well being,,
    > as a Long I need the Dividend, 3. the shorts have ruined every other
    > Company stock I own,, so the moral of the story are you a Wolf in
    > Sheeps Clothing a News Journalist fronting for one of the Hedge Funds
    > (who every one and his grandmothers Knows is a front for Naked Shorts,,ok
    > said my peace,,Please don't do any more help to WFC ,,Cramer does
    > enough for the financials,,one day you'll have to go back to using
    > a Piggy Bank (or Mattress) ,,Thanks for your Understanding,,.,,Ocea...
    Mar 9, 2009. 12:29 AM | Likes Like |Link to Comment
  • Major Metals are Looking Cheap [View article]
    AKS hit $5.85 today.

    On Feb 27 02:17 AM PeteK wrote:

    > Stop dreaming, AKS won't be in the mid-5's from now on.
    > Expect AKS to reach at least $8.00 soon.
    Feb 27, 2009. 02:09 PM | Likes Like |Link to Comment
  • Financials Getting Slaughtered [View article]
    Good point. Greenspan was a big believer in unregulated free markets and now he wants temporary bank nationalization. Some people blame his "easy money" policy for the crisis.

    On Feb 18 10:57 AM Dr.Jackpot wrote:

    > Someone wrote this morning that Alan Greenspan favored nationalization
    > of banks. Wasn't he the whole cause of this ripoff in the first place?
    > Is there no justice called for here?
    Feb 18, 2009. 01:05 PM | 1 Like Like |Link to Comment