Jefferies Group Inc. (JEF)

All Comments on JEF

  • commenter
    Oct 13 10:42 PM
    My Website
    No Buy Recommendations - Cramer's Lightning Round (10/1/08) [view article]
    JC would do better with his own money on the line --- unfortunately, that's not the case. He's right about one thing --- do your own homework.

    His online company downgraded ACI this morning. I bought it at 24 last Friday and picked up a quick five points. Thanks, Jim.

    Cramer has quoted the virtues of reading the front page of the NY Times to extrapolate investment information. Good article about China on the front page over the weekend in regard to a new farming policy. Seems to me that China wants to modernize the feudal farming business. I would extrapolate that would be good for dry bulk, tankers, fertilizer, seed, farm machinery, and infrastructure. Jim?
    Reply
  • commenter
    Oct 13 02:04 AM
    Irate Icahn - Fast Money Recap (9/19/08) [view article]
    Crocodilian:

    You need to read more critically. The article you linked is Yahoo propaganda.
    Reply
  • commenter
    Oct 09 07:38 PM
    My Website
    No Buy Recommendations - Cramer's Lightning Round (10/1/08) [view article]
    Thankfully, this snake-oil salesman shut his mouth, for once...
    His picks this past year have been as atrocious as the market ..'Who needs this clown ? Only the sheep out there in tv land !
    Thanks, cramer, I can pick my own losers. Your record has been no better than throwing darts, worse actually ....
    Reply
  • commenter
    Oct 07 09:08 AM
    Unintended Consequences - Fast Money Recap (10/6/08) [view article]
    I have flipped past it before but never listened for more than a few seconds. I won't even buy a used car from someone who yells on TV.

    This morning on Bloomberg I listened to a few minutes of analysis on why BofA needed to raise capital. Not one of them mentioned the $8.4 Billion predatory lending settlement they just entered into to get out of the Countrywide lawsuits. They haven't impressed me much either lately.
    Reply
  • commenter
    Oct 07 05:33 AM
    Unintended Consequences - Fast Money Recap (10/6/08) [view article]
    Turn off CNBC forever is what I meant to say Reply
  • commenter
    Oct 07 05:32 AM
    Unintended Consequences - Fast Money Recap (10/6/08) [view article]
    Correction............... off CNBC Forever!!!! Reply
  • commenter
    Oct 07 05:31 AM
    Unintended Consequences - Fast Money Recap (10/6/08) [view article]
    Wells Fargo will Win? You are crazy!!!! They are up huge lately in one of the worst financial meltdowns in history and you don't think they will give up those gains........Watch WFC drop like a stone. And urging us to buy NCC? I wouldn't touch that stock if they paid me to hold on to it. They will suffer the same fate as WM did!! I am so sick of these CNBC people. This kind of crap is what makes this market jump up and down like a kangaroo. Note..................... off CNBC forever!! It will do nothing but hurt your investing....Invest for the long term. Eventually this market will become a shopping spree but not for awhile. Until then relax and take the dog for a walk. Ignore Najarian, Cramer, Bartiromo, and anyone else screaming at you to buy Wells Fargo or some other bank on CNBC. You will thank me later. Reply
  • commenter
    Oct 06 02:48 AM
    Irate Icahn - Fast Money Recap (9/19/08) [view article]
    Kinabulu -- Icahn hasn't made any money for anyone but Carl Icahn in a very long time. There's a review of his record at:
    www.alleyinsider.com/2...-

    It ain't good. . .
    Reply
  • commenter
    Oct 05 01:25 PM
    My Website
    No Buy Recommendations - Cramer's Lightning Round (10/1/08) [view article]
    Cramer should stop with the doom and gloom and get more constructive. Panic selling good stocks at a loss isn't going to accomplish much unless you need the tax write off.

    Cramer gets it wrong just as often as he gets it right. The July 15 bottom on WB was just one example. He owns up to the mistakes when he makes them, but you still own the losses.

    Would I sell ACI at 27? No. Would I sell NOV at 40? No. Would I sell FWLT at 30? No. Would I sell JOYG at 37? No. Would I sell MOS at 40? No. While I may not add to positions until the market settles down, I certainly wouldn't panic and sell companies with strong fundamentals, healthy balance sheets, and excellent management for a loss. I'd just put them away and take a look again in 18 months.

    BTW ---- Both Biden and Palin were pro the use of all alternative energy including cleaner burning coal in the debate. ACI is a buy.


    Reply
  • commenter
    Oct 03 01:09 AM
    Irate Icahn - Fast Money Recap (9/19/08) [view article]
    Just another comment on TWA. The major problem they had was a massively underfunded pension plan. Congress had just passed a law giving the PBGC a lien, with the same status as a tax lien (meaning, prior to everyone else), against the shareholders equity of any company they had to cover pension benefits for. This was a complicated area, not well covered in the financial statements, and it took a few years for accountants and acquirors to understand it. We always felt that if Icahn had understood this issue he would have avoided TWA as we did. It ultimately proved their downfall, along with recalcitrant unions, and the reason he couldn't turn them around. Reply
  • commenter
    Oct 03 12:47 AM
    Irate Icahn - Fast Money Recap (9/19/08) [view article]
    Crocodilian

    TWA was Icahns first real mistake. My company looked at acquiring TWA before Icahn went in and decided not to make a try for it because they had too many real problems. We concluded they were going to go broke no matter who bought them. After he bought his position we proposed a management solution to him which he turned down because he thought he could turn it around himself, and is sort of fiendish about cost control. I don't deny he was a greenmailer in some deals before it was illegal, but most of his deals pre-TWA benefitted all participants. He was, and probably still is, a very good investor with a very good eye for value.

    People tend to forget that Icahn was originally a bond trader. In that business you make $ million trades constantly on verbal agreements. If you go back on one of those agreements no one will trade with you. That tends to instill a certain amount of integrity in a person.
    Reply
  • commenter
    Oct 02 08:52 PM
    No Buy Recommendations - Cramer's Lightning Round (10/1/08) [view article]
    Get out your bear meat slicer, lol. If obama wins the presidency, we will still need electricity, long aci especially at these give away prices, bought some more today. Reply
  • commenter
    Oct 01 11:53 PM
    My Website
    No Buy Recommendations - Cramer's Lightning Round (10/1/08) [view article]
    Kramer's always had buy recommendations when the market was at its high. Now he's got none. A sure bottom sign! Reply
  • commenter
    Oct 01 11:42 PM
    My Website
    No Buy Recommendations - Cramer's Lightning Round (10/1/08) [view article]
    No buy recommendations from Cramer? That's a good sign for the market. Remember his "July 15 was the bottom" call or his Wachovia calls. Reply
  • commenter
    Oct 01 09:23 PM
    No Buy Recommendations - Cramer's Lightning Round (10/1/08) [view article]
    Selling mine into the rally on Friday :>) Reply