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http://seekingalpha.com/article/67150-housing-market-tracker-will-thornburg-sink-or-swim?source=etrade

5 Comments

    • Housing Market Tracker - Will Thornburg Sink or Swim? [view article]
      I haven't been investing in stocks for long, but it seems to me that the TMA mgt really does have a say in how their stocks perform. Especially now after their stock has tanked. What investors are looking for is news, whether good or bad (preferably good) on one certain company, sector, or the economy.

      What TMA must do is create some good news for itself. This good news would come in the form of acquiring new capital. If they are able to get Granddaddy Deeppockets to invest $1Bil into Thornburg's nearly perfect portfolio, this will create interest in investors to buy their stocks, which in turn, raises more capital for thornburg. For example, on Monday, when TMA stocks tanked, at about 2:30pm the stock was down 60%. TMA created good news by loaning $992 Mil to shore up their books. When this was announced, the stock shot up 40% from $3.53 to nearly $5. Don't you wish you'd bought some shares at this level when TMA was certain to declare bankruptcy tomorrow? (This is practically what the news was telling everyone. This is why the stock tanked.)

      All TMA has to do is create good news in the form of acquiring substantial sums of money, then you'll see a nice return to normalcy in the house of TMA.

      Please note that whilst the whole subprime issue is abounding in the news, there will continue to be volitility in the financials. So "normalcy" is relative.       Mar 05 09:06 AM
    • Financials Offer Patient Bulls Many Opportunities [view article]
      Now really IS the time to be getting into the financials. Most of the financial stocks are 1/2 OFF!! When my wife goes shopping for those 1/2 off sales in the name of "saving money", I fear that I may go broke from all of the money she's about to save me!

      I tell you, in June of '07 every single financial stock was properly valued.... every single one. Whether it was priced at $400 per share or if it was priced at $20 per share, the stock was priced correctly.

      Sure, Aweful August rolled around and cut the financial stocks at the knees and those holding bank stocks got hurt.

      If you're new to the game, you almost have to take advantage of the opportunity to snatch up some financials now. At the very least, scale into them buy as the price comes down. What this affords you is the opportunity to play in this down time. If you keep waiting for the bottom to arrive, you'll miss the opportunity to double your money.

      In 1990, the financials lost half their value. In 1991, 14 months later, they had made a full recovery. In 2007 financials lost half their value. In late 2008, you can expect the same thing.

      Now is the time to go shopping for financial stocks. If I bought a stock at 1/2 off yesterday and today it's on sale for 75% off, I'm not mad that I over paid yesterday, I'm thankful that I get to save more money t oday!       Feb 22 11:01 AM
    • Beware of the 2008 Sucker Rally [view article]
      Warren Buffet is a very smart investor. Absolutely, he's trying to make a profit off of the "deal" he offered to the bond insurers. He offered to take ALL of the nearly 0% risk muni bonds off of the "big three" insurers hands and leave them with the subprime junk bonds. This effectively removes any certainty of income for the companies in the future after the subprime worries are a thing of the past.

      Buffet, in my opinion, doesn't care if MBI or ABK goes bankrupt. I don't believe there's enough junk in their portfolio that would cause them to go bankrupt. Berkshire Hathaway, owned by Buffet, is in competition with MBI and ABK. Why would Warren not want 2 less competitors.

      The offer he made was to help speed up the insolvency process of the insurers in question.       Feb 15 12:31 PM
    • Rising Wheat Prices Negatively Affecting Monsanto [view article]
      I'm just wondering how many of you are shorting MON. This has been a momentum stock for some time now. I'm not well schooled in shorting stocks so correct me if I'm wrong, but it seems that a bubble has been created in the past half year in this stock. Plus with an earnings multiple of nearly 60x, it seems that there should be some "cashing in" of these shares, thus creating a pullback in the stock.

      The same thing has recently happened with GOOG. There was a sharp spike in price in '07, and now we have the sell off price at just over $500.

      What say you?       Feb 13 02:25 PM
    • A Rare Buying Opportunity in the Tech Sector [view article]
      Goog, Aapl, MSFT are all tech. Tech stocks are seasonal commodities. August to January they're prices are up. February to July, they're down. I just wish I had known this before I bought MSFT at $36 bleeding dollars. "wimper.... wimper..... sob....sob..." I feel like a kicked puppy for getting in at the peak.

      Whether or not we have a recession doesn't make a difference to tech other than the fact that a recession will make tech stocks go down MORE than it normally would anyway.

      If you want to salvage the tech stocks you own, there will likely be a small stock rally following the Goldman Conference in Las Vegas 2/21/08.       Feb 08 08:59 AM
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