raja

11 Comments

    • Is Merrill Lynch Throwing in the Towel on CDOs? [view article]
      This is like slow poisioning, week after week. If they all tell us the truth, all these financial stocks will be in single digits. Look at Thain playing the market as he repeatedly has been saying once every month that they have adequate capital, only to raise more and more.

      This is not over yet ! Dont let the size of the write downs fool you. Instead of writing down 40 billion at once (and you can imagine what that can do to the stock price) they are splitting it by giving us so-called lower write downs on a monthly basis. Talk of playing the market       Jul 29 09:22 AM
    • Big Three Automakers: Recapitalization or Bankruptcy? [view article]
      It is only a matter of time. Previously, we thought one of the so-called Big Three would go bankrupt . But now it seems that 2 out of 3 stand a good chance to go bankrupt. We would still have enough auto companies manufacturing cars/trucks to meet our demands. The days of buying/leasing a new car/truck every 3 years are gone. More and more folks will drive their vehicles for much longer 5-7 years (if not 10-12 years). The economic conditions, and the cash crunch will hit the average person like never before. Every thing from salt to steak is costing more. Imagine spending big bucks on a new car every 3rd year. No way that is happenning. Spending habits are changing and are going to be like that for a long long time. This generation gets to experience the worst times like never before in a long long time.

      The sins of UAW and their unrealistic demands will rankle them very soon and for a long long time. Bankruptcy is not an option, it is a requirement. Any bail out,half measures or stop gap arrangements will only delay the inevitable, while enhancing the pain as we go further.

      By the end of 2009 to mid 2010, I am expecting 2 of the big three to go bankrupt. Take you pick, it does not matter who stays behind to limp back to life       Jul 11 01:42 PM
    • GM and Ford: Still Easy Shorts [view article]
      Mulally is another moron who was recently (about 3-4 months back) telling us that the turnaround is going fine. These morons (CEOs and Ex- CEOs like Bill Ford, Alan Mullay, Rick Wagnor) will be walking away with millions even if they lose their jobs. They are all over Wallstreet, the CEOs of MER, CITI, LEH, etc etc. telling us every Qtr. that the worst is over and everything is fine. Try dodging these bullets - Housing, Subprime, Inflation, Recession, Credit Crunch, Oil, Never ending Middle East crisis, Job losses etc. etc. Every week, at least a couple of them hit you



      They keep postponing the inevitable - every heard of painful slow death due to a 1,000 cuts and bruises ??
      Jun 22 12:44 PM
    • Solar Investors, Understand Silicon Supply [view article]
      Thanks for a good article that is not negative for a change! Looking forward to the supply side details. May 19 08:53 AM
    • Margin Concerns Make LDK Solar Vulnerable to Profit Taking [view article]
      LOL - Another name for this piece of writing = JUNK .

      I dont expect anything classy or unbiased from Seeking Alpha       May 15 01:34 PM
    • What's Next for MicroHoo? [view article]
      No deal. Yahoo is going to teens or low 20s when Microsoft walks away. We all know how Yahoo is performing in the market;lackluster earnings, loss of market share to Google and you add recession to the equation. In another 3 months, Microsoft is going to get Yahoo much cheaper for around $24 / $25 and Yahoo shareholders will not want to lose out on that second chance. A 20% discount to the current offer and no fights and suspense to deal it. May 01 11:51 AM
    • A Debate Over Citi [view article]
      if Citi were to come out with the truth as to where they exactly stand with regard to the value of their investments, it will go down to 10 within a day or two of such announcement.

      They are living on borrowed money from the Fed. Do we know how much they have borrowed?? They are using accounting methodolgy to defer losses, and every trick in the book to make it look not as bad. By the way, since when is borrowing capital good ? especially when it is not for growth, but for survival??

      Citi to 10 may be first and more probable than Citi to 40       Apr 11 10:44 AM
    • Garmin: Clearly Something's Not Right [view article]
      Garmin's problem is that management is too tight lipped. We saw that when there was that bidding war last year and GRMN dropped from 120 to 80 in a matter of couple of weeks.

      The sins of not talking to the press, the shareholders or to wallstreet is taking its toll. Add the economic condition to the mix and you have a recepie for disaster.

      When will they be proactive and come out in the open??       Apr 10 10:45 AM
    • Have We Bottomed Yet? [view article]
      These financial companies are begging at the Fed Window daily for day to day survival. Then they have the temerity to tell us that we are in the final innings of the credit crunch.... only that the final innings is a long one - that will be extending for more than a year, and the after effects for another couple of years. Some have even gone to Tokyo with their begging bowl, as if to indicate that they cant get enough alms at the Fed window. Apr 08 03:07 PM
    • Why Yesterday's Optimism Wasn't Warranted [view article]
      MER will announce at least 6 Billion in losses and it wont be over. Till the govt. does something big about subprime/ CDOs/Housing, the bleeding wont stop.

      A couple of Investment banks need to go down - just like BSC did. That will cleanse the market and the true value of securities will be revealed. Remember how BSC ( and other inv. firms)was telling it was difficult to evaluate their securities due to the complex nature?? Well, overnight how did they (JPM and the Fed) decide that BSC was worth $2.00 - where was the complexity hidden, and unmasked just like that ??

      Time to take a haircut - or should I say, completely shave the head?       Apr 02 05:03 PM
    • Friday's Turnaround: Raid on the Shorts [view article]
      There have been instances when false rumors caused the market to tank - just like that. Perhaps, the author has selective amnesia.

      If you want to clean it up, then go for the whole thing. Dont whine when the market goes up, just because you are on the wrong side of the fence, or vice versa. Talk of reform - then SEC should bring back the uptick rule; shorting should be banned - how can you sell something that you dont have, even if you are buying it later?? Powerful and rich folks in the market can manipulate so that they can buy back cheap to cover the shorts. I dont need to elaborate with examples - companies have been runied due to one such problem, and there are myriad problems. Can you compensate for the loss to investors ?? Dont tell me you will put the crooks in jail, for it does not get the duped investors their money back. Enron's villians did it, got some jail term and one of them died too - but did the cheated investors get their money back ?? Kick the SEC out for inaction on so many fronts. Stop CNBC/Reuters etc. from reporting any false propaganda.. stop Ackman from repeatedly coming out with 'Dire' news on a day to day basis at the 'right' timing ...

      You want a clean slate? then level the playing field and watch as the skeletons fall off the cupboard.

      Simple as that.       Feb 24 10:49 AM
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