Yeah, it was predictable to a point. In the State of Floored (FL) we increaed the number of tax credits for businesses to the point of have little or no postive income flow even in a growing economy.
As G.H.W. Bush and MANY economist have said since then: "voodo economics."
Limiting Banker Pay - Another Downside [View article]
So I take it your view is that any CEO who fits this description: "Bear Stearns CEO James Cayne had no idea that anything was amiss" is worth paying a gazillion $$$$ a year PLUS an obscene bonus his equally 'in the dark' rank & file employees will not made that much in their life time COMBINED!
Dare we ask if ANYONE understands the problems? Greed on Wall Street is NOT the answer.
Selling VMW & EMC could well be a losing strategy for longer term, conservative investors. Just MHO. The Lemmings will follow Cramer to the Poor House . JMHO.
Of course, I have been wrong before and will again so I do not blame Cramer for his picks. It is hard for me to understand the strategy behind Buy Cisco & Sell EMC as I have bought both for my Large Cap holdings. The Gunslinger (70 yrs) loves Small Caps most of all, but I have to have some offsets: LCaps with Betas close to 1.0.
In this environment, all I can say is: Good Luck to Everyone except Shorts and MoneyManagers: Hang 'Em High; Let us Feed their Bones to the Buzzards Forever and a Day!
VSphere Should Boost VMware Market Share and Stock [View article]
doodoo, take a pill, fellow; take a nap. I always feel better after a daytime nap. Of course, I feel even better after a daytime snuggle-nap with a sweet, pretty young lady. At my age, 'young' is anyone under 60!
Analysts are not scum as Shorts & Money Managers are. Analysts can have different opinions and cannot be expected to buy every stock they fellow.
I'll bet we both feel better after our nap; me and the young lady. I cannot fathom what is bothering you so much. A stock report you did not like brings you to a Red Alert status? Not so much Strum und Drang.
Your math skills are as bad as some of Cramer's stock picks. Double your money after a decline of 90% won't help much. Assume $10K invested, 90% decline to $1k doubled to $2k; I am not even; I'm $8k short. Double again at $4k and again at $8K and I'm getting closer; only $2K short now after 3 stellar picks in a row. Moral: forget the math (and spelling). Use protective trailing stops. Yes, sometimes you get closed out on an immediate 'short' run and the stock recovers to a decent profit. Those are the breaks. It won't happen often.
Cramer's Stop Trading! The Short Sellers Shoot Themselves (9/15/09) [View article]
Cramer's Calls and quick advice are a FREE Service to novice investors. We all know that Free Advice is worth exactly what the cost is....Zero. Think of the Show as entertainment (I rarely watch it, and then only a few moments when another show goes to commercial). One might get an idea occasionally and profit from the free advice. One might profit on some 'Picks', Avoid Losses on some Pans.
It is never GOSPEL and NEVER bet the Farm on any one stock idea.
As for the Big Loss on Sears, I would not have touched that with a10 foot pole. I do not care whose friend was backing it. If I had taken a big bet on Sears or any other position, SET a SAFETY STOP, a Trailing Stop. You could lose a few dollars on a good stock on a pull-back and you might avoid a disaster. I'd rather lose a few dollars sometimes to avoid a big disaster any time.
Why Congress Is Asking Bernanke Bogus Questions [View article]
Ken Lewis is portrayed as 'leader of abused CEO's'. I doubt it. Perhaps he could have be seen as a valued member of the 'Bonnie and Clyde' gang, but he refuses to drive a Ford!
Cramer's Stop Trading! Bernanke Allegations Are Baseless (6/24/09) [View article]
Right On, apppro!
The Shorts, Hedge Funds, greedy Corp execs, and Thieves posing as Money Managers: Hang 'Em High and feed their Bones to the Buzzards!
Help Bring Investing, not Gambling, back to Wall St or say "Good Bye" to Main Street.
On Jun 25 07:19 AM apppro wrote:
> Whether baseless or not ( and I feel they have a very small link > to reality), what still is NOT being looked at or even talked about, > is how "The Shorting of America" was the 'cause' of all of this. > Why are we letting a handle of narsarsisstic shorts get away with > all of this? The blatant naked shorting, rumorboarding, gangshorting, > etc. that occured was not only the cuase, but also determined the > outcome. Things didn't have to get this bad, except for the greed > of a few. Why have these guys been elevated to God status and not > prosecuted for the criminals they are? > > We're going after to the only people who were willing to stop the > insanity, not the people the caused it. > > Who lobbied the SEC to get rid of the uptick rule? > Who lobbied FASB to institute M2M? > Who devised mortagage default sceanrios (that still have not occurred) > that created an atmosphere of fear and mistrust? > Who has been feeding certain politicians with contrived scenarios?
Hedge Funds Should Be 'Regulated Out of Existence'? Time for a Reality Check [View article]
I'm sorry, Mr. Cramer, but I have to agree with the original article: Kiplinger.com contributing columnist Steven Goldberg, “Ban Hedge Funds?” I must be rotten to the Corps (I did NOT mean 'core'..
Hedge Funds, Naked Shorts, and outrageous Exec pay and severance packages for horribly shoddy and often immoral "work" has gone way too far. Stocks that we bought for long term holdings, such as C&S National Bank and Barnett Bank, rock solid, conservative, turned into Bank of America, high risk gambles in markets real bankers never ventured.
You will say "we" (the disgusted American investors, not gamblers) want to throw the baby out with the bath water. Yes, if that baby is soaked in the bath water filth of greed and deception, yes, throw the baby and Mama from the good old American train of morality, honesty and good will to all. Hokey, but better than the alternative, the "ME First" generation of wild hedgers and naked short sellers. Wall Street is not about gambling and investing should not be gambling.
Good Bye, from Goody Two Shoes, a Marine Corps Captain.
Ban Naked Shorts; you must hold the number of shares you are shorting in the account you are using for the transaction. Next step: hang the 'shorts.' Enmasse while singing "hang a Noose around the old oak tree!"
U.S. Debt Surpasses $11 Trillion But Day of Reckoning Is Still Ahead [View article]
The author & commentators seem to be implying that these actions are due to this out of control Obama government and his flawed, insane policies.
No mentions are made of the flawed and insane policies of Voodoo economics, deregulation, fiscal immorality and the monstrous debt incurred in Afghan/Iraqi wars & 'reconstruction'.
Ken Lewis of BAC should lead the banking industry, for once, on salary cuts by cutting his salary to $1/year for 2009 AND returning all salary and bonuses received for 2006, 2007 and 2008.
Sort by:
Latest | Highest ratedState Tax Revenues Plunge [View article]
As G.H.W. Bush and MANY economist have said since then: "voodo economics."
Limiting Banker Pay - Another Downside [View article]
Dare we ask if ANYONE understands the problems? Greed on Wall Street is NOT the answer.
Cheap Oil Related Stocks - Cramer's Lightning Round (8/20/08) [View article]
Of course, I have been wrong before and will again so I do not blame Cramer for his picks. It is hard for me to understand the strategy behind Buy Cisco & Sell EMC as I have bought both for my Large Cap holdings. The Gunslinger (70 yrs) loves Small Caps most of all, but I have to have some offsets: LCaps with Betas close to 1.0.
In this environment, all I can say is:
Good Luck to Everyone
except Shorts and MoneyManagers:
Hang 'Em High; Let us
Feed their Bones to the Buzzards
Forever and a Day!
VSphere Should Boost VMware Market Share and Stock [View article]
Analysts are not scum as Shorts & Money Managers are. Analysts can have different opinions and cannot be expected to buy every stock they fellow.
I'll bet we both feel better after our nap; me and the young lady. I cannot fathom what is bothering you so much. A stock report you did not like brings you to a Red Alert status? Not so much Strum und Drang.
Cramer Does It Again with CIT Call [View article]
Complete List of Brazilian ADRs [View article]
Cramer's Stop Trading! The Short Sellers Shoot Themselves (9/15/09) [View article]
It is never GOSPEL and NEVER bet the Farm on any one stock idea.
As for the Big Loss on Sears, I would not have touched that with a10 foot pole. I do not care whose friend was backing it. If I had taken a big bet on Sears or any other position, SET a SAFETY STOP, a Trailing Stop. You could lose a few dollars on a good stock on a pull-back and you might avoid a disaster. I'd rather lose a few dollars sometimes to avoid a big disaster any time.
Oil Futures: It's Not Manipulation, It's Stupidity [View article]
Hang 'em High and
Feed their bones to the vultures, their Buds!
Why Congress Is Asking Bernanke Bogus Questions [View article]
Cramer's Stop Trading! Bernanke Allegations Are Baseless (6/24/09) [View article]
The Shorts, Hedge Funds, greedy Corp execs, and Thieves posing as Money Managers:
Hang 'Em High
and feed their Bones to the Buzzards!
Help Bring Investing, not Gambling, back to Wall St or say "Good Bye" to Main Street.
On Jun 25 07:19 AM apppro wrote:
> Whether baseless or not ( and I feel they have a very small link
> to reality), what still is NOT being looked at or even talked about,
> is how "The Shorting of America" was the 'cause' of all of this.
> Why are we letting a handle of narsarsisstic shorts get away with
> all of this? The blatant naked shorting, rumorboarding, gangshorting,
> etc. that occured was not only the cuase, but also determined the
> outcome. Things didn't have to get this bad, except for the greed
> of a few. Why have these guys been elevated to God status and not
> prosecuted for the criminals they are?
>
> We're going after to the only people who were willing to stop the
> insanity, not the people the caused it.
>
> Who lobbied the SEC to get rid of the uptick rule?
> Who lobbied FASB to institute M2M?
> Who devised mortagage default sceanrios (that still have not occurred)
> that created an atmosphere of fear and mistrust?
> Who has been feeding certain politicians with contrived scenarios?
S&P 500 Short Sales Reach 5-Month Low [View article]
Hedge Funds Should Be 'Regulated Out of Existence'? Time for a Reality Check [View article]
Hedge Funds, Naked Shorts, and outrageous Exec pay and severance packages for horribly shoddy and often immoral "work" has gone way too far. Stocks that we bought for long term holdings, such as C&S National Bank and Barnett Bank, rock solid, conservative, turned into Bank of America, high risk gambles in markets real bankers never ventured.
You will say "we" (the disgusted American investors, not gamblers) want to throw the baby out with the bath water. Yes, if that baby is soaked in the bath water filth of greed and deception, yes, throw the baby and Mama from the good old American train of morality, honesty and good will to all. Hokey, but better than the alternative, the "ME First" generation of wild hedgers and naked short sellers. Wall Street is not about gambling and investing should not be gambling.
Good Bye, from Goody Two Shoes, a Marine Corps Captain.
Exchanges Propose Weakened Uptick Rule [View article]
U.S. Debt Surpasses $11 Trillion But Day of Reckoning Is Still Ahead [View article]
No mentions are made of the flawed and insane policies of Voodoo economics, deregulation, fiscal immorality and the monstrous debt incurred in Afghan/Iraqi wars & 'reconstruction'.
Pay Bankers Much Less [View article]
He still would be overpaid.