dtrader

Total Rating:
0 / 0

8 Comments

    • Mon Oct 13th 07:36 AM | Rating: 0 0
      Commented on:
      AIG: An Attractive Buy, If...
      Not so quick...AIG has gotten itself into a horrendous mess and just because the gov't has advanced them enough money to keep them afloat for now doesn't mean this company can pay off it's debt and resurrect itself again as a substantial insurance company.

      Why? For one reason I am skeptical that the non-insurance assets that they want to sell to pay off their losses in CDO's and the loans from the gov't will not be enough. This would lead to the selling of their prize assets that u r relying on in ur argument to resurrect AIG as a viable insurance entity.

      U have seemed to buy into managements argument which on the surface can be a compelling story. The trouble is that new management is trying to put a positive spin on their actions to right the ship which is predictable but not always as accurate as they would have one believe.

      U and I really do not have the access to see inside this company to see how deep their money problems go. It is possible that management itself still cannot figure it out so I'm not so sure u should be painting a rosy picture at the end of the tunnel until it is clearer on how deep their financial problems go.

      Another indicator is that all private equity that could buy AIG as a whole if they believed what you do have shown no interest in the firm as a whole just cherry picking some of better assets at fire sale prices.

      Good luck with ur speculation but my instinct tells me to wait until I see more evidence that those insurance assets will be there in the longer run.
      View article »
    • Fri Sep 26th 13:17 PM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      axel...just a quick comment, Warren Buffet just made a deal where he has as one part the option to buy $5 billion of common shares of Goldman Sachs at $115. I guess he's been taking classes...

      Honestly I know he made that comment but the context was probably in reference to the CDO's etc.

      As long as ur long options the only risk u run is the premium u paid. That gives them less risk or at least a known fixed maximum risk before u enter a position.

      Naked short options pose a high risk where u can loss more than u have in ur account.

      People who want to short options can use credit spreads to protect their positions and risk.
      View article »
    • Tue Sep 16th 06:33 AM | Rating: 0 0
      Commented on:
      AIG Downgrades Should Create an Endgame
      Sliman...I bought some cheap OTM Sept options yesterday but 4 the most part i'm not interested in playing the market this way. It was more 4 fun than a gamble to make a killing if AIG finds the capital and the stock jumps up
      View article »
    • Tue Sep 16th 06:23 AM | Rating: 0 0
      Commented on:
      AIG Downgrades Should Create an Endgame
      Tom...The new use of mark to the market accounting on the assets of these financial institutions has probably been a major contributing factor to the rapid disintegration of the valuing of these companies.

      The ineptitude of the CEO's and the Board of Directors should also be looked into. Some of it borders criminal if u ask me.
      View article »
    • Tue Sep 16th 05:07 AM | Rating: 0 0
      Commented on:
      AIG Downgrades Should Create an Endgame
      Gabe..with all do respect the short rule is like a fly in ointment with this systemic meltdown. If by the short rule u r referring to threshold securities then I also do not understand why AIG and LEH were not put on this list as was done by the SEC with ABK and MBI. That does help to slow or stop the panic short selling when there is a major crisis occuring. I also agree that there should be no naked short selling allowed. The uptick rule is another story and actually is not good for the market.

      But I didn't want to get hung up talking about short rules when today the the country will be facing a financial catastrophy of unkown proportions that could bring our financial systems and the worlds to a halt if no solution is found today and AIG declares bankrupcy on Wednesday. The $75 billion AIG is looking for as a bridge loan is just small potatos if AIG goes into bankrupcy and their credit rating is downgraded again forcing trillions of dollars of swaps held by AIG to be unwound and virtually bringing the financial system to a halt.

      Kinda sounds like the day the world stood still. Let's hope it doesn't come to that.

      Should be an interesting next couple of days.
      View article »
    • Thu Sep 11th 10:21 AM | Rating: 0 0
      Commented on:
      Political Energy Policy Just for Laughs
      I too have become interested in the NGV (Natural Gas Vehicles) as the best and quickest way to begin to free America from this foreign oil dependence and to help stop this endless debt that could eventually destroy the framework of our country.

      I am astonished that NGV's are not discussed more about the potential impact it could have with a minimal effort and work on our consumption of oil.

      Sure there are many things to be discussed about the best ways to implement everything but the technology is ready now and is being used in a small scale in this country and around the world but would have a very substantial impact for individuals and the country if we got together and did this on a large scale.

      First, I think the country needs to become informed about what NGV's are all about and how this could be the simplest, most effective and quickest way to change our gasoline consumption and save money too!

      Hopefully the media, a celebrity, the government, business or maybe even the politicans in this election will be start to make some noise about the potential with this and lets see if Americans want to show oil
      we no longer have to be at their mercy.

      Here's one hyperlink I found informative about NGV's from Canada, there are more just need to do some internet searches.

      www.uniongas.com/about...
      View article »
    • Sun Jun 15th 12:31 PM | Rating: 0 0
      Commented on:
      Friday Outlook: Commodities, Emerging Markets
      Grow up David...

      BTW the the gas/oil crisis was in '73 and '74
      View article »
    • Sun Jun 15th 10:54 AM | Rating: 0 0
      Commented on:
      Friday Outlook: Commodities, Emerging Markets
      David, a poor choice of individuals to quote from and claim he was prophetic. In '74 the country was in the crux of a gas/oil crisis with the Middle East and it wasn't particularly prophetic or enlightening all you had to do was ask any Joe Q citizen in the street and he would have told u as much also. These problems were well known way before those times too it just becomes headline news when matters become extreme like currently and then.

      Anyway, I agree with u just not the quote or the use of it.

      I just hope in the future i don't read articles with u quoting Bushisms and saying how prophetic he was....

      Regards...
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»