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maximumvalues

maximumvalues
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  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    It is not easy to slow a gold mine down. restarting is very expensive. many miners would rather keep going at a small loss. the cost to mine has nothing to do with the price of gold.
    Apr 19 12:19 PM | Likes Like |Link to Comment
  • The Housing Price Mirage [View article]
    prices have risen because people bought $100,000 homes and put $50,000 into them... and now they can sell those homes for $135,000... cha ching ... a 35% increase paid for by $50,000 improvements. If everyone improves their home or buys a foreclosure I sure as hell hope the average selling price rises. I pay $1100 rent. People up the street just bought a similar place for $359,000 ... do the math. They can't rent that thing out for a return. If they indeed have $359,000 in cash... they should put it somewhere else that has a guaranteed return. OIL prices alone will kill the economy. Natural Gas has risen so much people can't afford more home... the writing is on the wall. Inflated assets are not the place to park your money right now. It's time to be a bit safer.
    Apr 19 11:44 AM | Likes Like |Link to Comment
  • The Housing Price Mirage [View article]
    you paid all cash for house when you can get money at 2.5% right now? I make more than 2.5% trading stocks so I'm not crazy enough to take that money and pay cash for a house that simply needs repairs, taxes paid etc. Why would you pay all cash for a house in this environment? The opportunity lost by storing your money in an asset that rots seems ludicrous.
    Apr 19 11:40 AM | Likes Like |Link to Comment
  • The Housing Price Mirage [View article]
    A cash buyer never has to sell ... lol ... how about when they need the cash or when they can see a better place to put the cash? Where did you get your business degree McClure? I know people selling stocks right now, seniors, because they need to eat. If they had a rental property they outright own, they'd be selling that instead.
    Apr 19 11:36 AM | Likes Like |Link to Comment
  • Is It Time To Short The Canadian Housing Market? [View article]
    9shoe9... BNS is putting on a show. It's a fa├žade.. a farce. I used to work in a finance office of a car dealership. I loved BNS because they are so loose of a lender. One time I needed a $50,000 loan on a $25,000 Kia and BNS came through. Would you lend me $27,000 on my 2003 Saturn? $25,000 over the value of the asset? Please do and you can be just like BNS. This is just one example of poor lending practices. I left my job a few months ago. Was in the finance a year ago. How many other loans like this are on the books? Do they do the same on a home loans? Scary.
    Apr 19 11:34 AM | Likes Like |Link to Comment
  • My KISS Dividend Portfolio: 1st Quarter 2014 Update [View article]
    I just bought puts on Tues and Weds last week on a number of dividend stocks for the following reasons.

    1. Chart
    2. Balance sheets

    If you look at IBM for example, one of my positions, they reported another decline in the quarter. However, what is worse is they are essentially borrowing money to pay the dividend and complete capex. Sad, for a company this mature. They simply don't have enough free cash flow to pay the dividend and try to modernize the offerings of the company.

    So much old thinking in old school dividend plays. MCD, IBM, GM all have added more debt in recent years while showing little stability in earnings/cash flow.

    When the music stops some of these names won't be able to borrow more and be forced to cut the yield. They simply have stopped growing. Companies that take on debt to grow are better investments than companies that take on debt to pay dividends and buy back stock. This is simply too similar to a Ponzi scheme for my liking. Safer to put your money in a GIC and get 1.5% than to chase an extra 1% in stock that could decline 10% this summer alone in my opinion.

    Good luck investing!

    Rich Young
    Apr 19 11:21 AM | Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    clearly you did not read the whole article and are a religious fanatic married to Gold. Gold can not be taken to a seven eleven for a slurpee. you are a gold fanatic. read the article again and understand the math behind the strategy. marry your money to one thing and lose out on potential profits doing something else. always be looking for a better way. ultimately, for now, you must exchange gold for dollars to buy food as you can not eat gold. guns are a better investment than gold if you think the world is going to hell. guns, you can shoot food and shoot people trying to take your gold.
    Apr 19 11:05 AM | Likes Like |Link to Comment
  • Tesla: At The Tipping Point, Keep Your Eyes On The Big Picture [View article]
    Ballard is now just turning a profit. I just went long BLD.TO based on the weekly chart technicals. It all takes time. The difference between investing and trading is the time frame.
    Apr 18 01:40 PM | Likes Like |Link to Comment
  • Shock Factor: Cyberonics Link To Death, Injury Reports [View article]
    If you wish to refute an autor's article please post proof that the company has no wrong doing and is a fairly valued business in an article of your own. Just saying the article is false is far from fair when it is clear the poster has done some research. Have you done the amount of research the poster has? If so, write an article that proves the merit of the business and the current valuation. One thing that can be easily proven is that Mr. Daniel Moore is a net seller of the stock:
    http://on-msn.com/1eQWWkH

    Seeking Alpha is about balance. If we did not see the negative with the positive I would not frequent the site. Most the TV stock buffs are full of fluff.
    Apr 18 01:38 PM | Likes Like |Link to Comment
  • Is Ballard Power Systems Another House Of Cards? [View article]
    Rose dramtically on big volume one week. Fell back on light volume on the weekly chart right into a key simple moving average. Buy and monitor is what I'm doing. BLFS is much the same... I own that one too. I'm short IBM as of today and smiling. My only long stocks are BLFS BLD.TO CAX.TO .. CAX.TO is a struggling oil, gas, electric.. bought shares at 0.015 ... 1.5cents lol. BLFS is not far from my buy point of $3.65 ... the 13sma is $3.60. Good luck trading! I'm net short the market.
    Apr 16 06:38 PM | Likes Like |Link to Comment
  • Hotel Industry: Competitive Factors And Discussion Of Hotel Franchisors As An Investment Opportunity [View article]
    READ THE BOOK by RUBIN and you will want to short HOTELS and AIRLINES ... with oil and gas prices climbing ... these stocks will suffer.

    Disclosure: SHORT: MAR and SAVE
    Apr 15 11:08 PM | Likes Like |Link to Comment
  • Is Ballard Power Systems Another House Of Cards? [View article]
    LOOK AT THE WEEKLY CHART on BLDP or BLD.TO and you will see the stock tagged and held a key WEEKLY SMA ... the 13 SMA WEEKLY is $3.91 on BLD.TO and I bought shares just below this. More than they cost years ago but my experience in the market shows the market moves in 13s. If this does not hold I will double at the 26 SMA WEEKLY and again at the 52 ... BLD.TO has room to run and the volume of trade shows something is up in my opinion.
    Apr 15 11:04 PM | 1 Like Like |Link to Comment
  • Assessing The Recent Stock Market Damage [View article]
    DON'T bother with all the funnymentals. Look at the charts. 3 more weeks of selling until we are oversold. wiggle and squiggle we will but lower we go. Then it may be time to buy again. I'm day trading earnings calls. Here are 3 companies that had ok earnings... AA PIR FAST ... tell me how many stayed up in price? NONE! People have made a lot of money long this market and they have learned a lesson from the past... take profits... so the shorts will pressure those long to sell now or sell for less later.
    Apr 11 06:23 PM | 11 Likes Like |Link to Comment
  • Assessing The Recent Stock Market Damage [View article]
    look at a weekly chart of QQQ and you can see that this kind of correction happened twice in 2012 where it fell for 8 weeks until the FULL STO showed oversold. put up your weekly chart with the 13 26 and 52sma and you will see what the price did in respect to the averages this week. 3 more weeks of selling if you ask me...

    IM SHORT , FAST SAVE DAVE BNS.TO and LONG CAX.TO

    good luck trading.
    Apr 11 06:20 PM | 6 Likes Like |Link to Comment
  • Is It Time To Short The Canadian Housing Market? [View article]
    I have puts on BNS because my wife has an RRSP that is just banks. They are 65s that expire next month. I will keep rolling them over. However, I trade the markets and made a ton of money shorting FAST on the gap up today. No bank stock in Canada moved like FAST today or JPM for that matter. They may, but until they show this kind of movement there are millions of other stocks to short. AMZN was a good one at $400 and so was DAVE which I'm still short. SHORT the airlines like SAVE as they are going to get really hurt due to the cost of fuel and. I have 500 short SAVE because the chart says so. The fundamentals are nice to have behind the charts.

    More on the Canadian banks. I worked in finance at a auto dealer. The banks in Canada are as loose as the next guy. Specifically I can recall BNS lending $50,000 on a $25,000 Kia. IF this is prudent lending then I'd hate to see loose financing. I wish my wife would simply cash her RRSP and get into something more safe like energy stocks and a GIC. But she has her own mind :)

    Don't short the banks, even though they will fall. Short companies that make no money and pay no dividend. If you short a bank you may make 15% this year and then have to pay the 4% dividend. Shorting HLF would have made that overnight.

    Disclosure: Short DAVE SAVE FAST BNS.TO and long CAX.TO
    Apr 11 05:55 PM | Likes Like |Link to Comment
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270 Comments
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