Ebix: Not a Chinese Fraud, But a House of Cards Nonetheless, Part I [View article]
Well ... if you read through even the first paragraph ... hell, if you read the TITLE, you would understand that he is NOT comparing it to a chinese reverse merger. For god's sake, the title says: "EBIX: NOT A CHINESE FRAUD" He is simply saying that it is probably way overvalued.
And, frankly, who gives a damn what his identity is!?!?! Does it matter if this was written by Ben Bernanke, David Einhorn, Seth Green, or Santa Clause????
If you think the analysis is correct, then sell. If you think the analysis is incorrect BUY.
If you are upset that you own a stock that has been revealed to be waaaaayyyy overpriced ... too bad for you. that's how the market works. you can't be throwing people in jail everytime they make a reasoned argument.
Here's What Happened The Last Time The Fed Owned All Outstanding Treasuries [View article]
Matt,
It looks like an interesting article and I look forward to reading it tonight, but within the first 3 paragraphs I was struck by this thought ... wouldn't the end of the deadliest, costliest conflict history has ever known help to improve investor sentiment somewhat???? Thus supporting equity markets even in the face of recession? A short-term recession related to decreased demand from the military industrial complex is an afterthought when investors once again have complete assurance of the ongoing survival of the free world.
Ebix: Not a Chinese Fraud, But a House of Cards Nonetheless, Part I [View article]
Would you suggest that anyone who writes a positive article or research report and discloses that they have a long position "be investigated"?
If you are long EBIX, you should probably just read the report, which I doubt you have, and make a judgment based on the facts. If you believe his statements to be incorrect, the market will come around.
He in no way deserves to be investigated for sharing his views, all of which have a reasonable basis.
Ebix: Not a Chinese Fraud, But a House of Cards Nonetheless, Part III [View article]
the stock is not down ~20% because of a scandalous short seller undertaking a baseless smear campaign.
the stock is down ~20% because a well reasoned, well researched argument has been made as to why EBIX is a flaming turd.
I await the CEO of EBIX's response, which will without doubt be a rehashing of the same defiant, empty rhetoric of every other man whose lies have caught up to him.
High Conviction: A 'Stunningly Cheap' Telecom Stock [View article]
The insider selling seems to be overhyped at this point. The managers and directors received large stock option offerings when the company went public and now that the options are vesting, they are exercising and selling their stakes. even after all that selling the company is still held 11% by insiders. If you are looking at future incentives, consider their current option plan.
I don't think everyone should get excited about the share repurchase either, however. It might signal the stock is undervalued. It might signal that TNDM doesn't know what else to do with its money. At the least, it signals they believe the return on the stock is going to be better than the return they could generate internally with the cash. Maybe its that undervalued or maybe they can't grow like they used to.
Consumer price data may still point towards deflation, not inflation. Prices excluding food and energy actually fell in January, which hasn't happened in more than a quarter-century. But others are convinced it's only a matter of time before we see another long-ago phenomenon: stagflation. [View news story]
Rising Financial Requirements and ATP Oil & Gas [View article]
I am long ATPG and quite happy about it right now ... but im long at 9.50/share. these guys survived $30 oil and the credit crisis. i like their chances going forward.
thank you for the added info. this stock is getting plenty of coverage right now.
gasoline prices have increased just as much in countries where the currency has remained strong. The increase in gasoline prices is due to tight supply.
JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
Kid Dynamite,
thank you. An excellent debunking of this ridiculous rumor that I did actually here about through a friend and responded with about as much frustration and incregulity as you have shown here.
The arguments from the "true believers" are very thin and rely on scenarios that are extremely unlikely. The short interest "might" be 3.3 bill ounces. It "might"be naked. JPM, for whatever reason, "might" be doing the bidding of the US govt and artificially surpressing silver prices.
And, of course, your presentation of actual facts shows that these are gigantic leaps.
according to quantum mechanics, it is entirely possible for my body to, on chance, walk right through a wall. The possibility is so remote, however, that I would never be stupid enough to bet on it.
Then the arguments spiral out-of-control and take on the paranoid, conspiracy-minded slant all-to-common among ignoramuses and blowhards (or "trolls" as you like to call them).
Like you, I don't have the guts to short silver. How could you have the confidence to do so when going up against all of these idiots?
JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
"Unless they are acting for some other entity."
actually, that's exactly what banks do. That's why they are called financial INTERMEDIARIES.
"The major banks can always tap into the FED for unlimited funds to play the silver game or get of out trouble."
uh, no they can't. the fed is not taking short forward contracts as collateral for lending at the discount window, especially when the emergency procedures brought in during the crisis have been eliminated. And while the FED Funds rate is low, that is for OVERNIGHT loans. 1 day! And that simply sets the rate at which banks lend to each other! The reason people are so against the banking system is they simply don't understand it.
Ebix: Not a Chinese Fraud, But a House of Cards Nonetheless, Part I [View article]
And, frankly, who gives a damn what his identity is!?!?! Does it matter if this was written by Ben Bernanke, David Einhorn, Seth Green, or Santa Clause????
If you think the analysis is correct, then sell. If you think the analysis is incorrect BUY.
If you are upset that you own a stock that has been revealed to be waaaaayyyy overpriced ... too bad for you. that's how the market works. you can't be throwing people in jail everytime they make a reasoned argument.
Here's What Happened The Last Time The Fed Owned All Outstanding Treasuries [View article]
It looks like an interesting article and I look forward to reading it tonight, but within the first 3 paragraphs I was struck by this thought ... wouldn't the end of the deadliest, costliest conflict history has ever known help to improve investor sentiment somewhat???? Thus supporting equity markets even in the face of recession? A short-term recession related to decreased demand from the military industrial complex is an afterthought when investors once again have complete assurance of the ongoing survival of the free world.
Ebix: Not a Chinese Fraud, But a House of Cards Nonetheless, Part I [View article]
If you are long EBIX, you should probably just read the report, which I doubt you have, and make a judgment based on the facts. If you believe his statements to be incorrect, the market will come around.
He in no way deserves to be investigated for sharing his views, all of which have a reasonable basis.
Ebix: Not a Chinese Fraud, But a House of Cards Nonetheless, Part I [View article]
Ebix: Not a Chinese Fraud, But a House of Cards Nonetheless, Part III [View article]
the stock is down ~20% because a well reasoned, well researched argument has been made as to why EBIX is a flaming turd.
I await the CEO of EBIX's response, which will without doubt be a rehashing of the same defiant, empty rhetoric of every other man whose lies have caught up to him.
Contango Oil & Gas: A Bright Future for Free [View article]
High Conviction: A 'Stunningly Cheap' Telecom Stock [View article]
I don't think everyone should get excited about the share repurchase either, however. It might signal the stock is undervalued. It might signal that TNDM doesn't know what else to do with its money. At the least, it signals they believe the return on the stock is going to be better than the return they could generate internally with the cash. Maybe its that undervalued or maybe they can't grow like they used to.
Consumer price data may still point towards deflation, not inflation. Prices excluding food and energy actually fell in January, which hasn't happened in more than a quarter-century. But others are convinced it's only a matter of time before we see another long-ago phenomenon: stagflation. [View news story]
RIM's Grim Earnings Reality [View article]
Rising Financial Requirements and ATP Oil & Gas [View article]
thank you for the added info. this stock is getting plenty of coverage right now.
6 Stellar Excuses to Stay Stubbornly Bullish [View article]
That kind of mindless belief in the statistical probabilities of the past is exactly what caused the housing bubble. and the demise of LTCM.
Money Supply Growth Alert [View article]
SGI: The Magical 1% Growth Momentum Stock [View article]
JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
thank you. An excellent debunking of this ridiculous rumor that I did actually here about through a friend and responded with about as much frustration and incregulity as you have shown here.
The arguments from the "true believers" are very thin and rely on scenarios that are extremely unlikely. The short interest "might" be 3.3 bill ounces. It "might"be naked. JPM, for whatever reason, "might" be doing the bidding of the US govt and artificially surpressing silver prices.
And, of course, your presentation of actual facts shows that these are gigantic leaps.
according to quantum mechanics, it is entirely possible for my body to, on chance, walk right through a wall. The possibility is so remote, however, that I would never be stupid enough to bet on it.
Then the arguments spiral out-of-control and take on the paranoid, conspiracy-minded slant all-to-common among ignoramuses and blowhards (or "trolls" as you like to call them).
Like you, I don't have the guts to short silver. How could you have the confidence to do so when going up against all of these idiots?
JP Morgan and the Massive Silver Short: The Greatest Story Ever Told [View article]
actually, that's exactly what banks do. That's why they are called financial INTERMEDIARIES.
"The major banks can always tap into the FED for unlimited funds to play the silver game or get of out trouble."
uh, no they can't. the fed is not taking short forward contracts as collateral for lending at the discount window, especially when the emergency procedures brought in during the crisis have been eliminated. And while the FED Funds rate is low, that is for OVERNIGHT loans. 1 day! And that simply sets the rate at which banks lend to each other! The reason people are so against the banking system is they simply don't understand it.