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Urbane Gorilla!

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  • Why Buying A House Is A Terrible Investment [View article]
    Well..Investment property appreciates at the same rate as nearby properties. And yes, there will always be a winner and loser..It's what is known as the 'zero sum game'. (My advice...Don't buy at the top...Buy at the bottom.) But once again, you (like the author) seem to neglect the realities of owning a home .. Tax deductions for interest and property taxes, and at least now, cheaper payments than rent while you're whittling down the principle rather than paying for ever increasing rents to fund your landlord. Seriously, you'd rather pay $1200 p/m to rent rather than $650 to buy, and you get tax deductions? I don't get it at all.

    And again, how comfy is it sleeping and bathing in your stock portfolio? ;-)
    Jul 11 01:41 AM | Likes Like |Link to Comment
  • Unfashionable Outlook For American Apparel Investors; Alleged Revealing Photos Not Helping Current CEO [View article]
    Lion Capital has called in their $10 Million loan, but technically can't collect, because there is a 30 day grace period before Chaney is actually fired. Lion is just putting pressure on APP. And as of today, it looks like the deal with Standard General went through at $25 Million, with the requirement that all but the top 2 board members be replaced with Standard General picks.

    I'm surprised this stock didn't pop on this news. Go figure.
    Jul 9 10:32 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    Seriously? I've owned 6 homes and 2 rentals. I've always made money. In fact, buying and selling for a profit has me living in my 4 bed, 3 bath home up in the foothills debt free. And even after our recent real estate collapse, and with the sluggish Sacramento market recovery, my $53,000 rental (once valued at $235,000) is back to $145,000. I'm guessing you bought at the top of the market and sold at the bottom every time?
    Jun 27 09:23 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    What a patently absurd article. The author knows nothing about homeownership and feels qualified to write an article about it. Here's the truth:

    Buying a home is one of the best investments you can make as a family. Yes, it's true that homes go up with inflation, but over the period of your loan, you also pay it off, unlike those that rent. As to the expenses, of those mentioned, you can deduct interest on your loan as well as property taxes. So, over the life of the loan, you actually cash out the debt, while deducting taxes and interest while your renter buddies are paying to support their landlords. And when you sell, as long as you're under the profit threshold, you pay no interest on your gain. Can you do any of that withe your stock portfolio? More important, can you sleep and bathe in 1000 shares of Microsoft? Meanwhile, when you pay off your loan, your cost of living drops while your renter buddies are facing higher and higher rents.

    But here's the real kicker: Even after our recovery, you can still buy a home that will not only provide the aforementioned tax benefits, but can actually cost you less each month than renting. Take a $100,000 home is Sacramento, CA. A 3 bedroom 2 bath home in that price range rents for $1100 to $1200 per month. With 20% down, the person that buys the home will only pay out about $620 p/m with taxes, insurance and loan. In 10 years time, your home costs will creep up a bit..Probably to the $700 p/m level, while your renter friends will be paying $1500 p/m. How do I know that? It's called inflation and supply and demand. I base that on my 40 years of home and rental property experience.

    As to the Shiller comment about homes only meeting the inflation rate, I've got a quibble with that. Like anything (stocks included) there are periods of rapid inflation and periods of deflation. Example: I bought a 3 and 1 in Pittburg, CA for $85,000 as a govt repo. I sold it 4 years later for $215,000. My rental property in Sacramento was purchased for $53,000 25 years ago, (produces $1100 p/m with $300 expenses BTW) ran up to $235,000 before the Bush Jr market collapse, dropped to $75,000 at the lows and has recovered now to $135,000.

    Please show me for the average person, how buying stocks can beat that. (BTW, I'm an active day trader).
    Jun 15 05:02 PM | 4 Likes Like |Link to Comment
  • Lucas Energy Announces Eagle Ford Deal That Has Potential To Turn The Company Around [View article]
    You think this will satisfy NYSE?

    On February 28, 2014, Lucas Energy, Inc. (the "Company") received notice from the NYSE MKT (the "Exchange") that the Company is not in compliance with one of the Exchange's continued listing standards as set forth in Part 10 of the NYSE MKT Company Guide (the "Company Guide"). Specifically, the Company is not in compliance with Section 1003(a)(iv) of the Company Guide in that is has sustained losses which are substantial in relation to its overall operations or its existing financial resources, or its financial condition has become impaired such that it appears questionable, in the opinion of the Exchange, as to whether the Company will be able to continue operations and/or meet its obligations as they mature.
    Mar 27 11:26 AM | 1 Like Like |Link to Comment
  • Wal-Mart Vs. Target: Where The Real Difference Lies [View article]
    I don't shop Walmart. The business is bad for America, however, they seem to have accomplished in Mexico what Target is trying to do in Canada:

    Wal-Mart de México y Centroamérica (BMV: WALMEXV),: In 1991 Cifra and Wal-Mart Stores, Inc., signed a joint venture agreement. This agreement allowed cooperation between the two companies and the opening of Walmart stores and Sam's Clubs in Mexico. Then in 1997 Walmart increased its stake by acquiring 51% of Cifra stock. Once the acquisition was completed Cifra was renamed, the new company became Wal-Mart de Mexico, S.A. de C.V. Walmart again increased its stake in Wal-Mart de Mexico to 60% in April 2000.[2] After completing the acquisition of Walmart's operations in Central America, in January 2010, Walmart Mexico absorbed Walmart Centroamérica and changed their name to Walmart de Mexico y Centroamérica.

    At the end of December 2011 Walmart operates 2037 retail outlets in Mexico including restaurants and supermarkets, under the names Walmart, Superama, Suburbia, VIPS, Sam's Club and Bodega Aurrerá. As of 2012 the company was Mexico's largest private sector employer with 209,000 employees. One fifth of the Walmart stores in the world are in Mexico.
    Dec 24 08:10 AM | 1 Like Like |Link to Comment
  • Insiders Are Buying Dynavax [View article]
    Those purchases of stock on Oct 30th are less of interest when they bought at 1.08 per share and the low of the day on that day and either side is 1.27. We haven't seen 1.08 since June, although it does match the stock offering of 1.075 on Oct 25th. For some odd reason, price didn't collapse on that news.
    Oct 31 05:30 PM | Likes Like |Link to Comment
  • Cel-Sci: Suddenly A Strong Bottom Bounce Candidate [View article]
    Justifiably so. Management consider this company their own personal piggy bank....
    Oct 17 10:21 AM | Likes Like |Link to Comment
  • Isoray: Technological Monopoly In The Cancer Therapy Market Provides Multi-Bagger Opportunity [View article]
    Just want to point out that Insiders haven't purchased any shares for almost a year now..and even then the purchase size was pretty much chump change.

    However, it does look poised for a run on big volume, if it breaks the MA50 tomorrow.
    Sep 24 04:36 PM | Likes Like |Link to Comment
  • Staples' Focus On Cost Reduction Makes It A Great Dividend Paying Stock [View article]
    The Monthly chart at Finviz shows SPLS broke a multi point resistance at 16.00. IMO it'll see $20-$22 within a couple of years, plus dividends. Not bad if you're patient:
    Jul 12 05:19 PM | Likes Like |Link to Comment
  • Interesting Trading Activity in Avalon Rare Metals Before The Close: Coincidence There Was News After The Close? [View article]
    This activity was seen in Molycorp and REE as well.. More to the story than one press release IMO.
    Jul 10 09:17 PM | Likes Like |Link to Comment
  • Ranking Energy Stocks By Dividend And Earnings Yield [View article]
    GLNG had a nice run up to $45 before dropping. Nothing goes up forever. Just look at whiz-bang Apple. Cramer's site suggests GLNG has inevitable upside potential. I take Cramer with a grain of salt though. The stock market always leans to the long term story. My feeling is that term traders are looking at the massive amounts of natural gas being fracked in the US and the big industry push to expand exporting it. if they are successful, this could put pressure on GLNG's bottom line as they'll have some serious competition.
    Jul 4 08:08 PM | Likes Like |Link to Comment
  • The Only $1 Stock You Should Buy Today [View article]
    Bearing in mind that platinum and palladium are interchangeable in the auto industry (for catalytic converters), the list of potential companies in the platinum/palladium extraction business, aside from OTC/BB companies are : ATL,PAL,PLG,PLM,SWC. That's a fair bit of competition..and some have been driven down to extreme levels, such as PLM, PLG and SWC..any of which might be a better choice for a snap back.
    Jun 30 04:06 PM | 2 Likes Like |Link to Comment
  • Beware Of Trading Stops [View article]
    I stick with mental stops (but I do honor my sell targets and they're in place as soon as I buy)..but it all depends on what the general market is doing and what the stock itself is telling me. If a stock is at support and stays there on a lousy day, I'll ride it as long as the general market isn't in free-fall. If the stock is dropping on a good day, I look to see if it's doing so on volume and if it just broke a major moving average, or prior resistance. I'll sell and watch on a 3 minute chart to see what it does from there. I like to see a lot of volume come in as it finds a bottom.
    Apr 24 05:24 PM | Likes Like |Link to Comment
  • Have We Seen The Bottom In The Dry Bulk Industry? [View article]
    That's a great idea. There used to be a "Port Congestion Index", but now when I try to log on, Google tells me it's a virus site. It was nice because it provided a standard line chart in the same fashion as the BDI..However, if you want to get a feel for ship traffic and how many are tied up in various ports, you might want to keep an eye on this shipping map, which gives a ship count in ports (high in China right now...). You can eliminate all but drybulk and oilers on the selector on the left side:
    Apr 1 06:37 PM | Likes Like |Link to Comment