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KJP712

KJP712
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  • Read Seeking Alpha, Consider Investing In TheStreet [View article]
    Stay away from this one as it has gone nowhere for a decade.I do not see a catalyst for the next ten years anywhere.Cramer is not getting younger either and there is no " Golden Boy " to take over.Restarting the dividend might be a game-changer if corporate goes in that direction.
    Sep 21 05:53 PM | 3 Likes Like |Link to Comment
  • Terminal Diagnosis: Despite What You May Have Heard, Dendreon Is A 'Dead Company Walking' [View article]
    DNDN will bounce upwards soon.Too many piling in on the short side getting over-confident.Someone or more will seek to exploit this band-wagon jumping.Tesla and Herbalife are 2 recent examples.For the life of me I do not see the logic in shorting stocks at under 3.It can only go bad at this point with little or no upside at this juncture.I remember taking a long position on Countrywide many years ago and it jumped 5 dollars on a billion dollar loss.Since it was not a 2 billion loss the stock popped because of a short squeeze.Logic almost never plays a part in how a stock responds when it is considered " Dead ".Be careful overplaying the bankrupt angle.Sirius fell to 6 cents because traders thought it was " Dead ".
    Aug 25 10:07 PM | 3 Likes Like |Link to Comment
  • "Many Americans don't have enough money to carry them through retirement," writes Jeff Sommer in the NYT. A recent study found that around 44% of households in the baby boom and Generation X generations are likely to run short of cash in their retirement years. One (temporary?) problem is low bond yields, while another is that people are "ill equipped" to mange Individual Retirement Accounts. And then there are 401(k) and other defined-contribution plans, which have ended up as a major part of the retirement system rather than as the supplements they were supposed to be. [View news story]
    Do not retire,ever.The biggest scam ever perpetrated on society.If you are shown the door by your company,start your own business.Instead of relaxing on a beach surrounded by beautiful girls,you will be standing in line for coffee mumbling to yourself.Very few enjoy the good life in retirement except a select group here on Seeking Alpha.The rest clogging up the roads getting in the way of the small amount still working.See it every day and getting worse by the minute.
    Jun 16 05:18 PM | 3 Likes Like |Link to Comment
  • California Democrat Linda Sanchez requests an FTC investigation of Herbalife (HLF) saying that as she has "learned more about the issue from [her] constituents … [she] believes it is the FTC's responsibility to examine allegations" that the company takes unfair advantage of one of the "country's most vulnerable populations." For its part, HLF says had she called the company, it would have explained how its products "change people's lives." [View news story]
    She has no time to call Herbalife for clarifications.Sanchez is too busy wasting taxpayer money on wild goose chases.
    Jun 14 12:52 AM | 3 Likes Like |Link to Comment
  • Recently, the market learned that youth unemployment in Italy hit 40% in April to go along with a 36-year record high of 12% overall unemployment. Never fear though, Italy's trade union CGIL is out with its estimate of when the Italian economy will recover pre-crisis (un)employment levels: 2076, a mere 63 years from now. (original article[View news story]
    Making pizza is hard work and requires skills.Quite possible these youths are not qualified for this job.If sipping wine and sun-tanning were professions,then most would be employed in Italy.
    Jun 2 11:23 AM | 3 Likes Like |Link to Comment
  • Initial Jobless Claims: +10K to 354K vs. 340K consensus, 344K prior (revised). Continuing claims +63K to 2.99M. [View news story]
    Mick is right not much change the last 3 years.A lot of people disappearing from the UE extended benefits program has kept the rate from going higher.It is time for someone to find all these missing people.Under bridge overpasses would be a great place to start...
    May 30 10:52 AM | 3 Likes Like |Link to Comment
  • Dow Jones reporting Eli Lilly (LLY) to lay off around 30% of its U.S. sales force, which accounts for about 1,000 positions. [View news story]
    Another one thousand lost souls never to be counted in the job stats again.
    Apr 12 12:32 AM | 3 Likes Like |Link to Comment
  • Goldman says it's become more cautious on the economy over the near-term, noting that even a "modest" slowdown feels "more dangerous than normal." The firm cites some key factors: An end to GDP growth acceleration, earlier data strength that may have been weather-related and not based on any sustainable trend, and fiscal policy that's consolidating and monetary policy appears to have run its course.  [View news story]
    Jumping in and out of the Market based on these GS reports is what is really more dangerous than normal.The sea breeze starts to call as May rounds the Bend.
    Apr 9 11:34 PM | 3 Likes Like |Link to Comment
  • Automakers are fighting a proposal from California's regulators that would require zero-emission vehicles to comprise up to 5.5% of new car sales by 2018 and 14% by 2025. With ten other states adopting California's policies, nationwide sales requirements could reach triple the California figure.  [View news story]
    With all their Mandates,the exodus from California will be swift.
    Jun 12 06:34 PM | 3 Likes Like |Link to Comment
  • Is Dodd-Frank a dud? Ten months after Pres. Obama signed Dodd-Frank into law, regulators have missed all 26 of their rule-making deadlines. The bill has proven a boon for lobbyists, creating the need for 387 rules involving 20 separate agencies, all mired in haggling over each minute detail.  [View news story]
    Dodd will be a Bank President one day soon.Or end up doing reverse mortgage commercials on late night T.V.
    Jun 6 09:59 PM | 3 Likes Like |Link to Comment
  • Higher gasoline prices shouldn’t be so bad, James Surowiecki seems to say: “Gas is a relatively small percentage of most household budgets, and prices are now about $0.85/gallon higher than they were 12 months ago, which translates into a few hundred dollars more a year... It’s less than the increase in income that most Americans will get this year as a result of the new payroll tax cut.”  [View news story]
    He lives in New York City and does not need a car.
    Apr 12 08:28 PM | 3 Likes Like |Link to Comment
  • Tomorrow, the Supreme Court will hear opening arguments on complaints from more than 1M former female Wal-Mart (WMT) employees claiming unfair discrimination in promotions and pay. A legitimate case that deserves to go to trial, or "the tip of the iceberg" that could bury U.S. companies in abusive class-action lawsuits?  [View news story]
    Thirty years to become an assistant store manager does seem excessive.Maybe a new fast track program should be put into place.
    Mar 28 08:38 PM | 3 Likes Like |Link to Comment
  • Japan's nuclear crisis has amounted to a radiation increase equal to a prolonged dental x-ray, James Altucher says, and the media owes everyone an apology for overhyping it. Equally, the media should apologize for overhyping and then ignoring many recent events, including the Greek debt crisis, which is now worse than ever.  [View news story]
    The Media dispenses propaganda not news.The only time they apologize is when they are right,which is not very often.Sort of like Bernanke.
    Mar 21 07:20 PM | 3 Likes Like |Link to Comment
  • Why David Tepper Is Only Half Right [View article]
    Wall Street pulling out all the stops to get retail investors back in the game.Tune in to the Buffett interviews where the caption on the bottom will read "Buy Stocks" as Becky nods her head in approval.
    Oct 3 11:13 AM | 3 Likes Like |Link to Comment
  • The Dodd Bill: Generally Very Good [View article]
    Looks like political grandstanding by Dodd before an election year.Where were these reforms a few years ago when they were needed? Creating more Federal agencies is not the way to go and looks like a tired attempt at creating activity during a tight Senate campaign.Maybe the footsteps of Peter Schiff are starting to get louder as the sprint to the election finish line draws closer.This has all the makings of a very interesting Senate election battle.
    Nov 11 12:16 AM | 3 Likes Like |Link to Comment
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