tradealarm

Surveying The Defense Industry

Do you know BA's asset can't cover its liabilities?

Healthy earnings from Ford (F) gave futures a boost, and major indexes look set to open higher. Government is expected to start sharing preliminary stress test results some time today; hard to predict where that goes. For now, Dow futures +0.5% at 7957. S&P +0.7% to 854.50. Nasdaq +0.9%.

Will Ford turn around? Just see how many times the management change their promise time when F will break even.

Boeing's (BA) announcement last week that it would cut commercial aircraft production is probably just the beginning, Cowen & Co. says in a note this morning. Firm predicts this cycle's downturn will be worse than the 14% dips seen in the three previous airplane delivery declines. BA -7.4%.

BA has 3500 airplane backlog??? If BA had that much backlog, why its inventory increased from 2005? Is BA's management honest????

Bailout Comedy of the Week: Deciding the Fate of American Companies on SNL

Big government won't work. We'll suffer 4 more years unfortunately.

AutoZone Is Headed for a Near-Term Breakdown: Time to Short

Let's see major holders of AZO at Yahoo!Financial. Institutions hold 108% of float shares!!! Short squeezed? Absolutely!

* RBS PARTNERS, L.P. hold 40.67%, 23,370,297 shares. This hedge fund is backed by billionaire Edward Lampert.

Short interest rate are so high that this offers market maker a good chance to squeeze your short position.

* Shares Outstanding5:54.69M
* Float:54.08M
* Shares Short (as of 10-Mar-09)3:6.22M
* Short Ratio (as of 10-Mar-09)3:2.8
* Short % of Float (as of 10-Mar-09)3:11.50%


On Mar 08 09:45 PM texas6006 wrote:

> All these things could have been said about AZO 3 months ago. You
> did not even mention that this Company has the worst balance sheet
> ever, loaded with debt in this tight credit environment. The fact
> is that it keeps defying gravity because everyone knows what is wrong
> with the Company and take the same (sell) side amd we end up with
> too many shorts. My March puts are expiring worthless in this kind
> of market. That is just insane.

What If Hovnanian's Equity Goes To Zero?

I agree! HOV is near bankruptcy with its high leverage.

Let me share a funny story:
When I visited HOV's homes, the seller told me that HOV had its mortgage company and didn't own much debt to bank. HOV would be very stable.

I told her HOV's balance sheet didn't look good.

She said, "We have over 800 million cash".

I smiled. We lived in the funny world. I didn't want to hurt her feeling by the words: HOV's asset couldn't cover its liability, let alone more than 2 billion debt.

AutoZone Is Headed for a Near-Term Breakdown: Time to Short

AZO is not a well-run company at all. Its inventory kept on increasing(in million US$)
* 1,663.86/2005
* 1,846.65/2006
* 2,007.43/2007
* 2,150.11/2008


On Mar 09 02:45 PM TBill wrote:

> Yup, you are crazy. Well, not all that crazy as you said for long
> term investors to keep the stock. Who knows where it will go short
> term?
> AZO is a well run company, doing a much better job than PBY. [Shorting
> PBY might be a good hedge for AZO.]
> I've owned it for a while, very happy with it, but due to market
> conditions have sold out of the money calls on it. Keep watching
> the top and bottom lines. As long as the numbers hold up, keep the
> stock.

AutoZone Is Headed for a Near-Term Breakdown: Time to Short

You got the point. AZO has too high leverage.


On Mar 08 05:00 PM Pj568 wrote:

> Seems like a reasonable short as the AZO buyback policy has levered
> up the balance sheet to 85x with no working capital and 300M of debt
> due this year. Don't understand why they want to take this gamble.

February Wrap-Up: 252 Banks on FDIC Watch List, Gold Pull Back, Dow Declines (Again)

Where to find the troubled bank list if possible?

February Wrap-Up: 252 Banks on FDIC Watch List, Gold Pull Back, Dow Declines (Again)

Where to find the list if possible?

Boeing's Bad Balance Sheet May Doom It

Great article. Totally agree. BA is the next candidate of government bailout.

ETF Update: Currency ETFs, Investing in Single Countries, Implications of the China ETF Rally

BZF delisted

Pause For Concern On Chinese Currency ETN

China Investment Corporation (CIC) bought a 9.9% stake of Morgan Stanley worth US$ 5 billion on December 19, 2007.

Currency ETFs and ETNs

Is there any ETF/ETN for Brazilian real?

Buffett's Berkshire Hathaway Buying Kraft Foods, GlaxoSmithKline; Selling Iron Mountain

Thanks for your info! 13F can be used as a great tool to track master like Buffet