Wez

Total Rating:
+3 / 0

170 Comments

    • Mon Jun 23rd 12:08 PM | Rating: 0 0
      Commented on:
      GM and Ford: Still Easy Shorts
      Silly me, with Kirkorian offering $8.50 a share for Ford, I thought it may actually try and stay at around that level.
      View article »
    • Fri Jun 20th 20:04 PM | Rating: 0 0
      Commented on:
      Metrics, Mortgages and Analysts
      Regarding Layton:

      ""I AM QUEASY." Complex deals involving cash advances raised concerns with JP Morgan Vice-Chairman Donald H. Layton. "We are making disguised loans, usually buried in commodities or equities derivatives (and I'm sure in other areas)..." Layton wrote in an internal 1999 e-mail to credit-risk managers that was introduced as evidence in the trial. (Parenthetic remark in previous sentence is Layton's.) He also wrote: "I am queasy about the process."

      When pressed to explain what he meant, Layton testified that his concern was with such lending practices in general, and he could not recall the controversial transactions with Mahonia. Layton would have no further comment for this article, JP Morgan said.

      From the get-go, JP Morgan has insisted it followed the law in all its opaque deals with Enron. In July, under questioning from Senator Carl Levin (D-Mich.), then chairman of the Senate Permanent Subcommittee on Investigations, bank execs asserted that there was nothing improper about its Mahonia deals -- the same assertion Harrison made last week. Yet in August, under growing pressure, JP Morgan announced it was forming a committee to review its practices."


      That actually gives me more confidence.
      View article »
    • Fri Jun 20th 16:06 PM | Rating: 0 0
      Commented on:
      Bearish Report Sends Satellite Radio Lower
      Stern has helped bring members, all he was supposed to, mission accomplished. Was he worth it, hell no. In the grand scheme of running a successful business, this merger needs to yield sustainable revenue far and above what Stern brings. They need to be able to survive his retirement (which he has cried wolf so many times) and go so far beyond what ever extra revenue he brought with his fans.

      I bought this stock a few years ago when I used to listen to Stern in the car and thought like so many others that they may do well. That was before I learned to think before I bought stocks. I bought on the hype alone and refused to sell despite what the market was telling me.

      I'm keeping my shares because I do think the merger will happen and be beneficial, but I expect Mel to deliver on a company with success far and above any Stern hype.
      View article »
    • Fri Jun 20th 15:10 PM | Rating: 0 0
      Commented on:
      Bearish Report Sends Satellite Radio Lower
      Other than Mel's big purchase of shares in 06 there is nothing but selling. It would be nice to see some confidence by the people who run the company.

      Those same people, likely Mel who makes most of the announcements, will need to come out and totally change sentiment on this dog. Not just puffery but clear paths to profitability sooner rather than later. Maybe some new big money relationships, basically something other than the usual "So and so joins with a new broadcast...." which usually just means they spent more money. They have the content, they need creative ways to bring in more money.
      View article »
    • Fri Jun 20th 13:23 PM | Rating: 0 0
      Commented on:
      Metrics, Mortgages and Analysts
      Ermilo, the Expert wasn't the first person to start name calling....

      This site has a huge amount of rabid ETFC fan "boys", Cindy being one of them. I hope this stock goes higher, but reading all the desperate bullish comments about ETFC and SIRI on this site is pathetic. Just because you own a stock and want it to go higher doesn't mean you have to put the blinders on and start pumping.
      View article »
    • Fri Jun 20th 12:58 PM | Rating: 0 0
      Commented on:
      USEC Inc.: Uranium Play With A Bright Future Ahead
      More competition for USU?

      www.world-nuclear-news...
      View article »
    • Fri Jun 20th 12:42 PM | Rating: 0 0
      Commented on:
      Bearish Report Sends Satellite Radio Lower
      Tyler, you're a great example of someone who can report and discuss stocks without coming off as biased in either direction. Some of us here appreciate it as there is a lot of pitching and pumping that goes on here.
      View article »
    • Fri Jun 20th 12:23 PM | Rating: 0 0
      Commented on:
      Metrics, Mortgages and Analysts
      Prescient11 & Ben,

      Sorry to piss on the pumping game the two of you are up to. Looking at your comment history reveals you two as doing nothing but pitching Etrade....so much for your "insightful analysis". It's not hard to see Etrade's financials, I know they have cash, they also have a huge loan book that maybe more subject to losses than what the CEO thinks....as has been the case with every other bank. I was simply countering Cindy's constant pumping of her position in Etrade. Balanced discussion are much better than one sighted prayers that everything will be fine.

      Long ETFC btw........
      View article »
    • Fri Jun 20th 10:04 AM | Rating: 0 0
      Commented on:
      Metrics, Mortgages and Analysts
      Loan losses will rise, thinking Etrade is immune to what is happening to every other bank is foolish.
      View article »
    • Thu Jun 19th 16:51 PM | Rating: 0 0
      Commented on:
      Negative on Real Estate, Retail and Financials
      SRS is dominated by commercial real estate companies which IMHO is the next shoe to drop. With SKF getting up near previous highs, how SRS is still at 91 baffles me. Is there something about the real estate companies business models that I'm missing?
      View article »
    • Thu Jun 19th 16:41 PM | Rating: 0 0
      Commented on:
      XM / Sirius Under Selling Pressure
      I've been long this POS for years now. 1.5 billion shares outstanding, one of the most widely owned stocks, losing truckloads of money, increasing competition from alternate media sources.....I'm not selling the shares I own, but I'm certainly not buying any more. I suspect the other quarter million people holding this loser feel the same. Not sure where the new buyers are going to come from. Looks like trying to follow smart money (Mel Karmazin) doesn't always work.
      View article »
    • Thu Jun 12th 15:25 PM | Rating: 0 0
      Commented on:
      Endeavour International on the Road to Success
      Any thoughts on the recent discovery?
      View article »
    • Tue Jun 10th 16:18 PM | Rating: 0 0
      Commented on:
      9 Reasons to Short FirstFed Financial
      Nice call.
      View article »
    • Mon Jun 9th 15:29 PM | Rating: 0 0
      Commented on:
      9 Reasons to Short FirstFed Financial
      Grunt: www.investopedia.com/t...

      If I wasn't hip deep in short DSL I might give this a wirl....
      View article »
    • Thu Jun 5th 18:17 PM | Rating: 0 0
      Commented on:
      Seth Klarman: Second Coming of Benjamin Graham?
      I'll checkout his speech and I didn't know there were $1400 books on Amazon...
      View article »
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