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whatajoke
12 Comments
Financial Focus - Fast Money Recap (7/22/08) [view article]
Joan, your note taking skills could use some work. You didn't even include Finerman's final trade idea or Najarian's segment on WalMart. You could get a 12 year old kid to take notes better than you. Jul 23 01:08 AMBud Conrad on Market Crisis and Opportunity [view article]
excellent article, very well thought out Feb 27 06:51 PMGetting Out of Leveraged Gold [view article]
JT, you are completely correct. It is people like Jeffrey who we buy more and more gold from, because they just don't understand how much more gold will go up in the next several years. Feb 22 01:04 PMNutriSystem: Don't Bet Against the Shorts [view article]
Why did you post this article after NTRI reported earnings instead of before, like the text of your article would indicate?This article would've been useful if posted on Feb 19 before NTRI reported earnings, but is useless after, now that the stock has dropped by 30%.
You would think anyone who posts on this website could get their columns up in time, but obviously not. Feb 21 12:11 PM
Tech Sector Valuation Back To Historical Lows [view article]
agreed, another worthless column from these guys. There is no precedent for tech stocks in an environment of DECLINING HOME PRICES, so why bother to even point this out? Feb 08 03:37 PMJamba Juice: The Worst Already Factored In [view article]
Maybe you should factor in their $180 million in operating leases before saying they have no debt, and that they are heavily concentrated in California, one of the states with the worst housing environments in the country.As they continue reporting poor earnings, their cash balance is going to dry up and they will not be able to pay these leases, and probably go bankrupt. Feb 08 10:39 AM
Can't Short XHB? Create Your Own Homebuilders ETF to Short [view article]
One of the most useful columns I've read on this website. The credit markets are pricing in much more pain for the homebuilders, and several of them will be bankrupt soon enough as their earnings disappear, their ability to refinance debt is severely reduced, and the cash they are hoarding now is eliminated as they are forced to finally pay down their debt. Feb 07 02:06 PMSome Homebuilders Also Do Well Trading Stocks [view article]
I'd say insiders at homebuilders are complete morons because they continue to throw more money into soon-to-be-bankrupt companies.And I'd say the writers of this column aren't too smart either since they are wasting their time even highlighting this stupid issue. Feb 07 12:12 PM
Time to Reconsider REIT ETFs [view article]
Index Universe doesn't have a clue what it is talking about. It's comparing current valuations to historical ones when home prices were RISING. How about when home prices fall? Well, consumers stop spending, retailers stop expanding, overlevered retailers do go bankrupt, and REITs lose tenants.I'd suggest shorting the IYR (a real estate ETF) because REITs have a lot more to fall (both in general, and to catch up with the fall in retailers over the past 6 months). Jan 30 07:19 PM
Sears Holding's Lampert Continues Great Brand Lineup [view article]
While a lawnmower might help Sears, look at all of the retailers whose December numbers were very bad. This will lead to layoffs at retailers nationwide, which will lead to even less consumer spending, which will lead to a lower stock price for Sears and their ego-driven CEO. If Todd Sullivan doesn't understand this concept people shouldn't even read his columns. Jan 10 07:21 PMCountrywide Takeover By BoA Would Make Sense [view article]
is Felix even qualified to write for this website after writing a column like this? Jan 10 06:26 PMCountrywide Takeover By BoA Would Make Sense [view article]
makes sense Felix? Why triple down on an otherwise soon-to-go bankrupt company just to feed the ego of your now soon-to-be-fired CEO. It smells like the Fed. Jan 10 05:45 PM