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KJP712

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  • GM (GM) reckons it can save $200M a year by improving the resale value of its cars and therefore reduce the costs of lease deals, as monthly payments are based on the residual values of the vehicles at the end of their leases. "Residual values...are the ultimate acid test of whether the vehicle has been successful," says GM's Alan Batey. [View news story]
    Bring back the Saturn brand.Whoever's idea to discontinue it was stupid.Ego will bring down this company again in the long run.
    Mar 29, 2013. 09:46 PM | Likes Like |Link to Comment
  • Capital control decree from Cyprus via WSJ: Cashing of checks is suspended and depositors will not be able to redeem time deposit accounts before maturity. Credit card transactions are capped at €5K/person/month. €3K of cash is allowed out of the country/person/trip. From the Department of You Can't Make This Stuff Up: No restrictions on making deposits or opening new accounts. The decree is valid for 7 days. Who wants the under on that one? [View news story]
    Rent is due on the first.But do not worry as the Landlord will be standing in a queue just like everyone else.
    Mar 27, 2013. 09:05 PM | 2 Likes Like |Link to Comment
  • Cyprus Bailout Crisis Sparks Fresh Interest In Gold [View instapost]
    Like this stock a lot.Always room for a gold miner in the portfolio.
    Mar 26, 2013. 10:48 AM | Likes Like |Link to Comment
  • Being A Man ... Being A Jerk By Charles Payne [View instapost]
    Excellent article.I am seeing some people I know return to their old professions also.Getting back to normal is an ongoing challenge for most.Not a big fan of the soda ban at all.Personal choice should be the mantra going forward here.
    Mar 12, 2013. 10:43 AM | Likes Like |Link to Comment
  • Judge Milton Tingling in New York halts the NYC ban on large-sized soda drinks, calling the measure "fraught with arbitrary and capricious consequences." For now, it's game on for vendors and beverage companies (PEP, KO, DPS) to sell sodas 32 ounces or larger. [View news story]
    Send in two school kids to the bodega to buy 2 - 16 ounce bottles of soda for you.Mission accomplished.
    Mar 11, 2013. 11:29 PM | Likes Like |Link to Comment
  • It's been a long wait, but Chimera Investment (CIM) has finally filed its 2011 10-K as well as restatements for 2009 and 2010. The restatements have "no material effect on the company's (financial condition)." Chimera expects to have its 2012 Q1 report within 60 days and all subsequent reports done "as soon as practicable." Shares +1.6% AH. (PR[View news story]
    Never bet against Leon Cooperman or D.E.Shaw.
    Mar 9, 2013. 12:51 AM | Likes Like |Link to Comment
  • Reuters' Jack Shafer rails against the phrase "our crumbling infrastructure" and the press' all-too uncritical acceptance that hundreds of billions or trillions of dollars needs to be spent to repair it. The doom-mongering has been going on for decades, but as the Federal Highway Administration explains, bridges can be "structurally deficient" or "functionally obsolete" and still be perfectly safe. [View news story]
    When you are traveling at 13000 feet up in the air,all roads and bridges look great.
    Feb 19, 2013. 12:07 AM | 1 Like Like |Link to Comment
  • Wal-Mart (WMT -3.1%) responds to a leaked internal memo indicating February sales are weak by noting to CNBC that an executive was issuing an opinion rather than any official company data. While true, the alarm bells are still ringing. The Wal-Mart VP of finance and logistics on February: "The worst start to a month I have seen in my ~7 years with the company." Look for the topic to come up during the firm's earnings conference call on February 21. [View news story]
    The translation is management should have kept the Greeter at the front door.There they had a purpose greeting customers and checking merchandise as it went out the door.If you go to a local WalMart at least 5 or more employees can seen walking aimlessly around at any time.Trust me on that observation.
    Feb 16, 2013. 04:09 PM | Likes Like |Link to Comment
  • Wal-Mart (WMT -3.1%) responds to a leaked internal memo indicating February sales are weak by noting to CNBC that an executive was issuing an opinion rather than any official company data. While true, the alarm bells are still ringing. The Wal-Mart VP of finance and logistics on February: "The worst start to a month I have seen in my ~7 years with the company." Look for the topic to come up during the firm's earnings conference call on February 21. [View news story]
    The lack of customers might be a silent protest to the end of " WalMart greeters". After 32 years that job has been eliminated by the head honchos who feel the need to have an extra person walking aimlessly around the store.The inviting gray floors will now be the main show on a quiet Saturday morning.If the brass keeps it up,they will become KMart in a couple years.
    Feb 16, 2013. 12:07 AM | Likes Like |Link to Comment
  • Dangers Of The 'Dumb Money' Joining The 'Great Rotation' Into Stocks [View article]
    The "Little Guy" cashed out of his 401k after losing his job in 2008-2009.He now leads a quiet life far from the bustle of the big city.In fact most of the traffic you encounter are people driving to pick up their coffee in the morning.It reminds them of better days from the distant past when life had meaning.A quick return trip back to the computer to shake their heads at the comments of a job recovery in progress.They will never return to the Market even if Blankfein promises them a pot of gold.
    Feb 14, 2013. 01:09 AM | Likes Like |Link to Comment
  • More on Consumer Sentiment: The overall read of 71.3 is the lowest in a year, and expectations slipped 1.1 points to 62.7, the lowest level since summer 2011's budget-skirmish and U.S. downgrade. "Oil prices are climbing and the consumer isn't ignoring it" -  inflation expectations grow from 3.2% to 3.4%. [View news story]
    Less money in the paycheck,higher grocery and gas prices,more charges flowing to the credit card.Sentiment down when the bill comes due.Also due to ineptness from Congress,Tax refund checks will be late this year.Torch lights will be seen for miles leading down the road to the local Wal Mart.Stay indoors.
    Jan 18, 2013. 12:03 PM | Likes Like |Link to Comment
  • "Around 60" foreigners reportedly continue to be held hostage at the Algerian gas plant, with ~650 people free from the standoff, but information remains sketchy. BP says there “a small number” of employees whose current location and situation remain uncertain. Meanwhile, the crisis is a serious threat to Algeria, the no. 3 gas supplier to the EU and the main source of revenue to the country. [View news story]
    Gas prices will rise in the Spring.Take that to the bank.
    Jan 18, 2013. 11:49 AM | Likes Like |Link to Comment
  • Must Read Information On Popular REITs For 2013 [View article]
    Thanks for the list.Be mindful that the banks and their minions do not want the word to get out that dividend yields in excess of .30 % exist in the world.Compare the yields on your stock list to the banks CD rates and you see the disconnect.Risk is a given in the Stock Market but so is playing it cautious and parking it in a bank account.Soon people will pay the banks to hold their own money.
    Dec 26, 2012. 01:37 AM | 2 Likes Like |Link to Comment
  • Regulators need to padlock UBS's offices in Manhattan and Stamford and tell the bank to leave the country, says William Cohan. The bank's brazen manipulation of Libor isn't a one-off, but another in a series of shameful incidents. [View news story]
    Let them stay for now.Then keep fining the bank until they run out of money.After that send them home with Piers Morgan as their pilot heading out over the Atlantic Ocean.
    Dec 26, 2012. 01:05 AM | 1 Like Like |Link to Comment
  • Gambling With Investments, An American Pastime [View article]
    I thought the article was excellent.I noticed that the friend did not sink all of his money into Facebook.So on that note progress is being made.All you can do is provide the advice and hope someone listens.When a person asked me about buying the Facebook IPO,I just shook my head no.
    Oct 12, 2012. 12:34 AM | Likes Like |Link to Comment
COMMENTS STATS
454 Comments
402 Likes