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Gordon Z

Gordon Z
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  • Value-searching in shipping stocks [View news story]
    DRYS hasn't been kind to its shareholders whosoever with several stock dilutions and perhaps a reverse splint in the future. It is not the kind of performance that encourages investment.
    May 9, 2015. 03:17 PM | 2 Likes Like |Link to Comment
  • Fannie Mae beats on revenue [View news story]
    the trial starts October this year in Sweeney's court
    May 8, 2015. 05:43 AM | 1 Like Like |Link to Comment
  • Fannie And Freddie: New Bill Establishes A Secondary Reserve To Protect Capital [View article]
    You give the public too much credit; take a look at the idiots that the public keeps on re-electing. smh
    Mar 26, 2015. 06:49 PM | 3 Likes Like |Link to Comment
  • WSJ: Enterprise Products Partners faces complaints from export rivals [View news story]
    ahhh, poor baby!
    Feb 25, 2015. 11:18 AM | 3 Likes Like |Link to Comment
  • Fannie Mae And Freddie Mac Earnings Analysis [View article]
    POTUS says that the net profits sweep is/was designed to "benefit the taxpayer". The problem is the only taxpayers that really got screwed from the real estate bubble are those that are/were either underwater with their mortgage payments/equity value, or those mortgages that were foreclosed upon -- excluding those obtained by liars.

    This GSE issue is a naked fraud. When justice is denied and government corruption runs rampant, the citizens will suffer.

    Such a theft is short sighted, a means of instantaneous gratification. It's "profit" cannot be sustained.
    Feb 22, 2015. 11:31 AM | 3 Likes Like |Link to Comment
  • Fannie And Freddie: Legal Battle Rages On As Shareholders Seek Answers [View article]
    A de facto nationalization is occurring with the GSEs. That didn't or couldn't happen with GM, AIG or many of the TBTF banks between 2008-2010.

    The federal government is taking full advantage of the GSEs ... and really the GSEs have little or no support from Wall Street, the media or Main Street. It is being thought of and treated like an isolated incident.

    One of the few public officials that support the legal rights of the GSEs is the Massachusetts senator, Elizabeth Warren.

    One would think that besides other legal minds such as Richard Epstein, that more notable, well know and popular American citizens would point out this travesty of justice at the hands of the federal government.

    It doesn't have the drama of a Ferguson, Missouri.

    While the banks have had to make good to the GSEs for the fraud they have committed, it still leaves hundreds of thousands of home and condo owners with a real estate asset that has greatly depreciated. Will the US Treasury department make restitution to those home and condo owners that were swindled during that heist? DON'T HOLD YOUR BREATH!

    The biggest crime being perpetuated is that government of affluent, corrupt stooges cannot or will not undo this heist. That said it is the hope of many that those bloodsuckers will be forced to make good on returning the GSEs to the marketplace.
    Feb 4, 2015. 08:00 PM | 2 Likes Like |Link to Comment
  • Easier mortgage standards on the way [View news story]
    Why would a bank trust the supposed "new policy" while Uncle Sam is milking the GSEs under conservatorship?

    Remove the GSEs from conservatorship and maybe the policy will be credible.
    Nov 29, 2014. 06:43 PM | 2 Likes Like |Link to Comment
  • Fannie Mae Privileged Info Could Threaten Financial Markets: Sweeney [View article]
    Sweeney's statement is nothing more or less than to exclude Tim Howard "with respect to his admission to the protective order".

    If this is really a constitutional matter, it will be appealed to a higher court.
    Oct 17, 2014. 12:50 PM | Likes Like |Link to Comment
  • Fannie Mae Legal Ruling Expedites Endgame [View article]
    lol, with that attitude the "Crown" would still govern "the colonies".
    Oct 6, 2014. 07:29 PM | Likes Like |Link to Comment
  • Kudos To Judge Lamberth: Bubkis Hedge Fund Claims Against Freddie/Fannie Get Heave-Ho [View article]
    A worthless corporation that has paid off the billions, with interest, that it was forced to borrow.
    Oct 4, 2014. 08:26 PM | 1 Like Like |Link to Comment
  • DryShips Looks Set To Improve After An Impressive Second Quarter [View article]
    It is just a matter of time before Economou dilutes DRYS equity via at-the-market sales. He just did so several times in the past, the latest just last fall, and will do so again. The key is selling your shares before he slaps shareholders in the face will more dilution.
    Aug 21, 2014. 07:38 PM | 2 Likes Like |Link to Comment
  • Note On Cheap iPhones [View article]
    makes sense
    Aug 6, 2014. 07:27 PM | 2 Likes Like |Link to Comment
  • Bank Of America's Cycle Of Addiction [View article]
    get real buddy

    The Treasury Department has illegally "swept" profits from Fannie Mae and Freddie Mac for the past two years. The courts will soon find Treasury did so in violation of the constitution.

    Both GSEs have paid back loans which may have been forced to take; now Treasury is making profit by the "sweeps" amendment. Be clear, the GSEs are in conservatorship, NOT receivership.

    Just be clear that the Treasury Department is not above the law either: this will play out in the court system shortly.

    This story is about trumped up charges. What is the "market cap" of the black-market drug trade worldwide? Hundreds of billions? Is there any financial institution in the world immune to it corruption?

    Just take a look at Afghanistan: troops have occupied that nation for over 10 years and the poppies yield record harvests and are exported for further processing. In and of itself, what is that market worth alone? Poppies growing right under the noses of the military for 10 years!

    Get real man.
    Jul 25, 2014. 07:31 PM | Likes Like |Link to Comment
  • Bank Of America's Cycle Of Addiction [View article]
    lol, it is like the Treasury Department is not filled with charlatans! It has been taking or "sweeping" profits/dividends from FNMA for over two years now! FNMA is in conservatorship, not receivership. Be clear about that. The courts are deciding whether those actions were constitutional!

    FNMA has paid back all that it was (forced?) to borrow and then some.

    And what is written here? A story of trumped up charges. What is the value of the entire illegal drug market anyway? Hundreds of billions world-wide. Who in their right mind does not think such a market "cap" has left any financial institution immune from corruption!

    Get real buddy. American troops have occupied Afghanistan for over 10 years and the poppies still reap record harvests and are exported as heroin.

    Jul 25, 2014. 07:19 PM | Likes Like |Link to Comment
  • Awilco Drilling Is Still The World's Most Undervalued Company [View article]
    It's capital appreciation and dividend yield has been remarkable. I'm waiting for a dip to buy more, but this month's capital appreciation is 6%!

    SMH, what is going on here?

    The only down side I see is that 1) my brokerage firm charges an extra $50, over/plus its regular fee to trade AWILCO, and 2) the dividends are not automatically reinvestment, as what I would like to happen.
    Jul 23, 2014. 02:19 PM | Likes Like |Link to Comment