IYF Forum Topics
- All Comments on IYF
- General Discussion on IYF
- Financials Have Bottomed? Readers Say We're Nuts [view article]
- Financials: How - And When - We Reached the Bottom [view article]
- Financials Future Still Uncertain [view article]
- The Calm Before the Next Bank Storm [view article]
- Scarlett O'Hara, Doris Day and Financial Market Tumult [view article]
- Apple: Dead Last In Exploited Horse Race? [view article]
- Speed with Which Financials Have Fallen Is Disconcerting [view article]
- Writedowns and Capital Raised by Financial Firms [view article]
- Speculation, Swaps and the Price of Oil [view article]
- Time to Exempt Mortgage Securities from Mark-to-Market Rules [view article]
- Financials Down 6.1% - Like the Days of the Tech Bust? [view article]
- NAR's Lawrence Yun Continues to Mislead on Housing [view article]
loading ...Recent IYF Articles
- Mortgage Market Problems Creating Higher Extension Risk
- Financials Have Bottomed? Readers Say We're Nuts
- Financials Future Still Uncertain
- Financials: How - And When - We Reached the Bottom
- The Calm Before the Next Bank Storm
- Scarlett O'Hara, Doris Day and Financial Market Tumult
- Financial Recovery? Time to Wait and See
- Citigroup Posts Large Loss, but Outlook for Financials Improving
- Apple: Dead Last In Exploited Horse Race?
- All Is Well , Madame la Marquise
- Full List of Articles »
The Bursting of the Non-Bubble? [view article]
So true. But so many banks aren't lending money and on top of that consumers aren't borrowing. So how will banks make any money over the coming years?That should definitely be taken into consideration when discussing financials.
No matter though, because there is no hope in the long run to save our nation from its steady and definite decline, i.e, our nation as we've known it.
For as long as so many people want to keep leftists in power so that they can create more government to combat the problems and disasters that their government programs and legislation caused in the first place, we are eventually doomed economically.
And government bureaucrats do this over and over, but always wiggle out of what they've done by blaming private industry (Big Oil, Big Pharma, and the like, and of course a bogeyman such as Bush or Cheney or Rove), and the people for what they have brought about.
With the help of the Marxist media, the people then yell for the government to do even more, thus causing problems that will have to be faced in the future—and that means more government rules, regulation, and legislation that brainwashed parrots scream for.
And clearly, it doesn't help sending our forces around the world to carry out other nation's wars for them. You can't blame Bush for all of this either. The Dumborats in Congress voted to go get the Toy Tiger in Iraq (except for the members of the Black Caucus, which only votes for bills to punish American businesses and individuals); and Bush didn't put troops and bases in over 140 nations around the world. They were there when he took office.
Meanwhile, America has an invasion from the south, crashing stock markets and the dollar, along with hyper-inflation, declining property values, exploding crime (see Sean Hannity's America from Sunday, June 22, `08), and energy and food prices nearly equalling Germany's in the 1920s.
Enjoy the ride, especially those of you who're calling for even more leftists to take over so they can create more government to punish businesses and anyone else who is succeeding in the private sector.
Parasites engender more parasites of different types, because when one begins its feeding, it weakens the host, which invites even more suckers to the party. The host soon withers to nothing. Consider the American people the host. Reply
The Bursting of the Non-Bubble? [view article]
When you compare the risk associated with techs and financials, the financials are taking an even greater bloodbath. These are real companies with huge assets and earnings that have collapsed, and are a huge part of the long term GDP. I'd say this financial meltdown is worse that the tech meltdown and will have repercussions beyond tech's also. If the money guys can't make money, no one can. ReplyThe Bursting of the Non-Bubble? [view article]
The bursting of the tech bubble resulted in literally thousands of tech companies that had specialized in selling stock certificates going out of business. If a similar percentage of US financial institutions go out of business as the financial stock "bubble" bursts the US economy will have to go forward on a barter system. ReplyThe Bursting of the Non-Bubble? [view article]
Good Reply- $32
Writedowns and Capital Raised by Financial Firms [view article]
ETFC current earnings estimates for 2011 are for $1.08/share.www.nasdaq.com/earning...
At a PE of 15 that gives you $16.20.
But this a low-ball estimate as ETFC is paying down their debt at an accelerated rate and this estimate also understates ETFC’s true growth potential as being the best on-line trading platform hands-down.
$1.08/share could easily double by 2011.
Now you’re looking at a $32.40 share price, or least something in between $16.20 - $32.40.
This target will be reached before 2011, of course, as the market tends to race to true valuations prior to actual earnings materializing.
Also AMTD & other companies interested in acquiring ETFC are well aware of how rapidly ETFC share price is going to appreciate and have a vested interest in naked shorting the crap out of the stock down to levels that would make a cheap buyout offer appear reasonable.
(THIS HAPPENS ALL THE TIME)
So either way, short-term ETFC gets acquired for a decent return for shareholders, ($8.00 - $12.00) or she doesn’t get bought and appreciates on her own upwards toward $16.00 - $32.00 over the next 18 - 24 month.
The naked shorties know what this company is going to be worth and they want as many of your shares as they can possibly scrounge.
Reply
The Bursting of the Non-Bubble? [view article]
Excellent comparison. Not to mention of how many of the "tech" companies were complete frauds, going public just to milk investors. Most financials are established companies that have made bad decisions. ReplyThe Bursting of the Non-Bubble? [view article]
I had exactly the same thought when I read that wsj article... Replyknow
Writedowns and Capital Raised by Financial Firms [view article]
You’ve got to buy when everybody says "sell", and sell when the crowds say "buy". While watching the stock market and getting caught up in the dramatic rise in price and the buying frenzy, I asked my stock broker about Apple stock. He said it was a great buy so I bought 500 shares on 9/18/06 at $73.81 each or a total of $36,905. On May 14th 2007 my broker called and said the stock was up to $109.62, did I want to buy some more. NO way I said, too costly. Through Spring, Summer, and Fall of 2007 Apple stock was going through the roof; it was skyrocketing, it was Wall Street’s new favorite stock. I was really upset with myself because I felt like this express train to financial nirvana was leaving without me. I got caught-up in the herd mentality (sounds a little like the real estate market, doesn’t it?). On December 11th 2007 I frantically called my stock broker and told him to buy 1000 shares; I didn’t care what the price was, I wasn’t going to be left out of this market, these rising prices. The price was $194.75. In February and early March I was tired of the roller coaster ride and was ready to dump everything at about $120 a share; more herd mentality. I still own the stock, I like the company. Wells Fargo is a GREAT, well-run company that’s been around for 156 years. They have a well known and well respected brand name as well know world-wide as Coke and McDonalds. Sure, they are getting beat-up and will suffer additional losses due to the credit and real estate meltdown, but they will be left standing and strong, ready to gain market share from their competitors. I think Warren Buffet is its biggest investor and Wells Fargo & Co is his third most popular stock. I own some WFC stock and I’m not happy about its price reduction, but like Warren Buffet, I’m in for the long haul. When asked “When is the best time to sell a stock”, Warren Buffet answered “Never”. ReplyWritedowns and Capital Raised by Financial Firms [view article]
What conclusions did you draw from this? Comparing write downs to 'current' market cap only tells me that some stocks may well be 'beaten down' more than they should have, or is that some companies have taken more write downs and therefore are safer from further write downs?The facts as you have presented them are well known, and thanks for compiling them, but opining on their meaning would have added something to the bare recitation of facts you have presented for us to ponder on our own. Reply
Wendling
Writedowns and Capital Raised by Financial Firms [view article]
While this article tells you about the write downs of these firms they forget to highlight the most manipulative force behind the stocks declines and that is the specialist that runs it. For those individuals interested in my opinions as to where this issue will be moving in the short and long term go to the following site, bearfactsspecialistrep... and click on the stock reports section and read my opinions. It will cost you nothing except the amount of time it takes to read the report and any other information you find interesting on the site.Thank you
Richard Reply
Writedowns and Capital Raised by Financial Firms [view article]
well WFC is a huge crying buy, no wonder Warren Buffet likes it so much. Big safe dividend should we say , good management team if you believe Buffet = can t miss opportunity . If we don t take advantage of this fire sale we will regret it for the rest of our life. I expect a lot of blablabla like( falling knife ,more write off,not done going down etc...) ,sorry but in 3 years time you won t have any hair left on your head ReplyFinancials Buying Opportunity Close at Hand [view article]
As I believe Charlie Munger once said, technical analysis of this sort is an advanced form of dementia isolated to inhabitants of Wall Street Replyist
Everything Financial Rolls Over: Is a Bounce Likely? [view article]
mastercard has been pummeled 15% for no reason. check out mastercard blog at matrader.blogspot.com ReplyEverything Financial Rolls Over: Is a Bounce Likely? [view article]
I've never been much of a chart-follower, but it's food-for-thought. Thanks for providing. ReplyU.S. Bank Dividend Yields Revisited [view article]
winslow, obama? government? not that hillary or john are any better. looks like the choices were larry moe and curly, or the facist the socialist or the communist. the gov has done well with: our currency? socialist security? education? infrastructure? defense? healthcare?...... maybe if they were chained as intended by our constitution and concentrated on what tiny amounts of legal authority the fedaralis are allowed we would not be in this mess. please do not whine about an organic constitution. it was written in the simple plain language of the day for all to understand. Reply