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- Bust, Bail, Repeat: The U.S. Enters into an Ever-Worsening Cycle [view article]
- 25 Ways to Tell a Banking System Is Unsound [view article]
- Financials Are Having a Dead Cat Bounce [view article]
- Financial-Dip Buyers Forget To Ask What's Next [view article]
- The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
- A Letter to Warren Buffett [view article]
- Financials Future Still Uncertain [view article]
- How High Leverage Has Brought Down the Whole Banking Industry [view article]
- Lehman Brothers, R.I.P [view article]
- SEC Shorting Restrictions: Are Some Banks Being Set Up? [view article]
- Mother of All Short Squeezes? [view article]
- The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia? [view article]
loading ...Recent LEH Articles
- UBS Analyst: Asset Sale Could Benefit Lehman Brothers
- Bust, Bail, Repeat: The U.S. Enters into an Ever-Worsening Cycle
- Bank Bailouts or Bull?
- 25 Ways to Tell a Banking System Is Unsound
- Financials Are Having a Dead Cat Bounce
- Financials Future Still Uncertain
- Financial-Dip Buyers Forget To Ask What's Next
- Crazy Dividends
- A 'Buy the Loser' Rally
- Looking for Action? Most Volatile Stocks
- Full List of Articles »
Barron's Goes Bullish on Banks, Again [view article]
When Barrons is Pumping the big boys are dumping. This rally is caused by limited short selling. After the initial squeeze then you will see a return to the slide. The fundamentals have not changed.WFC was mentioned as a great investment but looking at their financials you see that they CHANGED THEIR ACCOUNTING method for writing off loans delinquent from 90 days to 120 days. They would have missed earnings by 4 cents instead of beating by 8 without this trick. Another trick to raise share prices was to raise the dividend. For a company in financial distress this was a stupid posturing move. Watch the dog and pony show next quarter.
City Bank has 330 billion in off the books VIEs that when marked to market are worth about 1/3 that price. With just this one category they need to write off 210 billion and given that they have 90 billion in share holder equity they are sunk. Now add the SIVs and the CDOs and the XYZs etc and you get the picture.
Many banks have miraculously 'reduced their exposure' to this toxic crap. While doing so they have written down a small fraction of that amount. This is done by moving it off the books. Any one hear of a company called Enron.
Who is that man behind the curtain?? Now click you heels together three times and repeat the banks are screwed, the banks are screwed, the banks are screwed and come back to reality.
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Mother of All Short Squeezes? [view article]
Great article, Matt. Lots of interesting responses from people too. ReplyShort Sales: SEC Turns Back the Clock to 1931 [view article]
How can I short a stock Naked. It is a great Idea I could become rich over night and pay myself 1 billion a year in bonuses and salary. Oh, I guess the edge fund managers are already doing that.Well, I will set up a company in a country where there are no laws. Then I will short a million shares of x,y,x company. If it goes down I cover and make a bundle. If it goes up I file BK and keep the billion salary I paid myself and let the suckers hold the bag with fake shares. PLEASE someone TELL ME HOW TO GET STARTED. I wanna be rich and famous and buy my own politician to keep the SEC toothless and pay the media hacks to write great things about me. Isn't America wonderful?
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Mother of All Short Squeezes? [view article]
I remmber when the SEC said that Naked shorting was just some BS story made up by losers.They they said it exists but had no impact.
Then the implemented reg SHO
Now they are saying it is destroying the banks.
Now we have a huge rally.
SOO now the king has no cloths. Hw re they ever going back to the past when Naked Shorting does not exist.
Remember after the short squeeze then the bottom will fall out like a rock Reply
Short Sales: SEC Turns Back the Clock to 1931 [view article]
quetzalcoatl - Agreed! Makes investing in real estate promising again. Who really wants to invest (buy and hold) when the market is tilted and played by very few hands? Very few have time or the will to trade full-time. God forbid you take your eyes of the market for an hour. Obviously the government had to step in as these power brokers were willing to collapse the entire financial system in the name of the dollar. With no regard to you and I. Those same ***** also ran commodities to the moon and only when Congress aggressively started to introduce restrictive legislation has the air start to bleed out; however, during the run up the carnage to businesses and the consumer was un-remorseful. ReplyMother of All Short Squeezes? [view article]
If you been around Wall Street any length of time you will come to realize there is no such animal as a "free market". Wall Street is a well-oiled machine controlled by very few players. You and I ride on those coattails for good or for bad. ReplyMother of All Short Squeezes? [view article]
Naked shorting Legal?? What? Crazzzyyy....It has nothing to do with the "free markets", essentially people could sell short more shares in a company than actually exsist...Thats not good for anyone in the "free markets". shorting is a good, naked shorting = bad. ReplyMother of All Short Squeezes? [view article]
Are they going to ban naked shorting on Homebuilders? I am surprised Beazer or one of the other builders have not BKed....Pulling for a good report from CTX...but it is doubtful...you never though banks surprised this week....a couple of the better homebuilders next? Reply
Mother of All Short Squeezes? [view article]
All I know is the Financials were easy money this week...DUG is looking good for the next couple of months!!! ReplyMother of All Short Squeezes? [view article]
I left out the NOT on that list...sorryOn Jul 20 10:14 PM sharp10 wrote:
> How convenient that the SEC decides to come out with this right before
> most banks are due to report.
>
> And why other companies like WB, or NCC on that list?
> Should I assume that a company like Morgan Stanley or Goldman are
> more vulnerable to naked short selling than a WB, or WM?
> Please... Reply
Mother of All Short Squeezes? [view article]
How convenient that the SEC decides to come out with this right before most banks are due to report.And why other companies like WB, or NCC on that list?
Should I assume that a company like Morgan Stanley or Goldman are more vulnerable to naked short selling than a WB, or WM?
Please... Reply
Mother of All Short Squeezes? [view article]
Stop regulating free markets and just use common sense laws.Like naked shorting should be legal in the first place.
KISS everyone. More regulations = less 2003 markets and more 2001-2002 market environments. What we need to really grow is tax cuts. Study tax cuts and market gains and it is clear when you lower taxes, the markets rally. When you raise them.....DUH. ;) Reply
Short Sales: SEC Turns Back the Clock to 1931 [view article]
I think the market maker would get the profit from the short losses,but I suppose the broker could if he was somehow on the other side of the trade or matching positions.. ReplyKnight 77
Mother of All Short Squeezes? [view article]
Very refreshing views on the financial crisis, regulation can help but the gaps will always be present so closing these gray areas in the stock market will help the stability of the financial sector ReplyMother of All Short Squeezes? [view article]
you know why there is such a big resistance to short selling especially on sites like SA and coming from many fund managers, esp hedge fund managers.... Because if rationality and logic has its way, running a hedge fund is going to less profitable, market makers will no longer be able to make as much markets and brokers cannot earn twice on their margin business (first from lending you money and then lending your shares). Reply