drmalaka

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    • Thu Apr 3rd 13:41 PM | Rating: 0 0
      Commented on:
      We Don't Need Money But We'll Raise Some - Lehman
      I saw their CFO on CNBullC and her story was amazing. It was picture perfect. I could not have imagined a more perfect story to show a bank is in great shape. Sounds too good to be true.

      If it was such a great deal why only take $4 mil. Oh, we wanted $3, were offered up to $14, but really only needed $3 but took a little more just in case.

      All the news that comes out of the Fed and these banks is perfectly done like you would write a story. All the ancillary information is always positive. These people know a lot more than they are saying and judging by the stories that are being made up that try to make everything appear fine I am quite sceptical that things are fine.

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    • Thu Apr 3rd 13:32 PM | Rating: 0 0
      Commented on:
      An Insider's Look at the Subprime Mortgage Collapse
      jackoo, that bites, but it tells you about our government. They are not going to do anything as long as money is coming in, regardless of what the end result will be. Now all of a sudden they want to help these scumbags.

      The truth is that all these costs were usually financed, not paid up front, so the people getting screwed in the end are the banks. I bet five percent of subprime loans were the closing costs that were financed. The mortgage lenders just stole that money from the banks becuase they knew the people they were lending the money to would never be able to pay the loans back.

      Let them all drown in a pool of their vomit. The only thing we should care about is that the government not steal one penny from us to pay these lowlifes off.
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    • Thu Apr 3rd 13:25 PM | Rating: 0 0
      Commented on:
      Hillary Does 'Mad Money' - 3 Takeaways
      I could only watch half the interview becuase I figured I would go play softball with Cramer. Don't give him props for those questions, if she did not give him those questions then he gave her them prior to the interview for her to answer. This was a complete set up.

      There are so many things she said that had no factual or economic basis and he just let her slide on it. Perhaps it has something to do with him being a Bolshivick. The only thing he tried to get her on is her anti NAFTA stance but that was a half hearted effort.

      He did not even nail her on her rediculous oil stance, a complete lack of understanding how economics and markets work.
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    • Wed Apr 2nd 15:52 PM | Rating: 0 0
      Commented on:
      Traders Using Financial Turmoil to Manipulate Stocks
      Bruin, I agree with what you are saying but limiting it to shorts is not correct. These people will do anything to make money, there are no ethics, morals or laws in their world. To think they only do it on the short side is being blind. Do you think that when they find out that some people are taking a big short on a stock that they don't try to cause a short squeeze? The fact is that these bankers share confidential information they have. Cramer has an example in one of his books where he was short a stock and people found out and starting running it up. How did they find out? Was the guy taking his orders sharing that info with other people? Is it legal for him to share information on someone elses positions? In that situation Cramer got hurt by manipulation on the long side.
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    • Wed Apr 2nd 14:41 PM | Rating: 0 0
      Commented on:
      Traders Using Financial Turmoil to Manipulate Stocks
      I could not agree more. BSC's problems were completely caused by short sellers. It had absolutely nothing to do with the fact that they were leveraged over 30-1 with most of their investments being in those super high quality CDOs. We should take all the money away from these short traders and give it to the management of BSC which did such a great job managing their bank!

      Yeah right.
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    • Tue Apr 1st 14:38 PM | Rating: 0 0
      Commented on:
      Lehman Brothers: Blame It On the Shorts
      Enough with these cry babies blaming the shorts. These stocks are down becuase the companies made bad decisions and are now having extremely difficult financial times.

      There are more unfounded rumors to the long side now than anything else. How many ABK bailout rumors sent the market up 200 points? How many rumors of additional capital raises for banks have sent the market up?

      Talk is just talk, over the long term fundamentals will rule. Make your bets accordinly and stop complaining about people who trade short term based on meaningless news.
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    • Tue Apr 1st 13:56 PM | Rating: 0 0
      Commented on:
      Lehman's Preferred Offering: What Does It Indicate?
      Well if the bulls who are buying today are right, hopefully they will get the same return they got when Citi got its investment from the Arabs. I believe Citi was trading at over $30 that day.

      Companies do not do things like this becuase they are in good shape. They do this becuase they are desperate. And from a stock valuation, if a company is that desperate they must be near financial collapse.

      Accordingly this would be great news if the stock was actually trading at the value it was worth based on how horrible their financial situation actually is. Lehman should be up $5 today, the real problem is that it should be up $5 to $20.

      We have a market that refuses to fully discount the severity of the problems out there but fully values anything that can be considered good news.

      CTX is another example. They just sold $900mil in property for 18 cents on the dollar and that is good news. Who in their right mind would do this? A desperate company. Well how can a desperate company be selling at only 50% off their inflated 52 week high? If things are so bad for CTX that they had to do this deal wouldn't you think that $24 is a little high for the stock? Its high is $49, if things are as bad as they really are I would expect that the stock would have to be trading at $10 for this to be considered good news.
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    • Tue Apr 1st 11:11 AM | Rating: 0 0
      Commented on:
      The (Abandoned) Uptick Rule and Blaming the Shorts
      People who blame shorting on price movements suffer from faulty logic. Just becuase shorts can manipulate a stock in the very short term does not logically mean that shorts have any effect in the long term.

      Could shorting hurt a stock in the very short term, sure, but in the long term markets are efficient. But if you extend that period the true value of the stock will come out. Do these cry babies who blame shorts think that it is short sellers who have knocked Bear down to $10 from $170?

      The problem these complainers have is that they think that market should always go up. Well dummies, we are in a recession and credit crunch caused by thieves on Wall Street. Stop looking to blame declines on stocks on anything you can and ignore the real problems. If you look hard enough you will always find an excuse for why your stock went down instead of just comming to grips with the fact that the stock you bought sucks and the management probably lied to you about many things.
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    • Tue Apr 1st 11:03 AM | Rating: 0 0
      Commented on:
      More Questions on BIDZ.com's Inventory Disclosures
      Another group of pro BIDZ commenters. Do you guys get paid to troll sites and write good things about the company? How about you guys post your own articles on why the company is so great.

      I don't know how to read this news, it seems to state the same point over and over, so a three paragraph article seems to turn into a really long one.

      What I do know is that when analyzing a company I certainly do not like to see accounting shenanigans and changes like they are making. I also don't like to see a company with that kind of inventory build up.

      Good luck to you long plays, it looks like you may need a lot of it, especially as the retailers keep getting killed by the economy.
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    • Thu Mar 27th 14:41 PM | Rating: 0 0
      Commented on:
      Should We Listen to Mainstream Media or Financial Institutions?
      Watching CNBC is like watching your local team's cheerleaders, except the chicks are fatter and older. In the last week I have never seen a bigger group of people come on and call a bottom. It's easy to find something when you are looking so hard for it.

      As for Cronkite, I don't really consider him very trustworthy either. He always had a left wing agenda and his news fit it. This is a man who called the Tet Offensive a victory for North Vietnam when all proof shows that it could not have been a more humiliating defeat.

      The only good thing is that the CNBC guys can not change the economy no matter how hard they try, the numbers will speak for themselves.
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    • Mon Mar 24th 17:55 PM | Rating: 0 0
      Commented on:
      Financial Stocks' Future Earnings Estimates: Is This a Joke?
      Anyone who believes the crap coming out of the banks is a fool. Have these criminals not stolen enough money from the public?

      I have no sympathy for anyone who is going to get killed buying financials or home builders in this market. Listening to these confirmed liars and investing on their lies is idiotic.

      Only two things come out of bankers mouths when they speak: bad news or lies. If it is not bad news then you know what it is.
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    • Mon Mar 24th 17:45 PM | Rating: 0 0
      Commented on:
      Double Whammy: Bank Card Companies May Be Next
      Great article. Watching these banks go up is funnier than any episode of Friends I never watched.

      This market is like CNBC, it is looking for any reason to go up. Home sales are higher than forcasted, buy the home builders. Who cares if the prices were down significantly and related to foreclosures.

      COF is one of the worst banks with their agressive lending. It will not be long that the same people who can not pay for their houses will not be able to cover their monthly minimum at 25% interest. Plus they have tightened credit standards, so they have fewer new customers, which is how they make money.

      This is a great run by the banks and home builders, if you own them this is a great time to sell, if you don't it is a great time to short. There are tons of people out there that have been drowning in these companies and will be getting out now that they have seen a nice bump up.
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    • Thu Mar 20th 00:00 AM | Rating: 0 0
      Commented on:
      Bidz.com: Inventory and Cash Flow Concerns
      Once again, the concept that shorts are cutting down the stock is just wrong. Don't longs artificially inflate a stock then? I have never seen a handful of guys make so many comments to a post on this site. Sounds like it is a conserted effort to keep up the good word.

      If any of you understood how the concept of how markets work you would not care. Since you all love the company I would assume you are long term investors. Short term moves in the stock should not matter to you, in the long run the stock will go to its true value.

      The shorts are creating a buying opportunity for you. If they are so wrong then there will be a short squeeze very soon and you will have been idiots yelling at the shorts and not thanking them for the cheap stock price.

      I have read a lot about the company and all the negative stuff was more convinving. Then you add in the incredibly weakening economy which will probably hit this company hard.

      Everyone has a right to their opinion, don't lambast the author and think you can do anything to help the stock, let the markets do that.

      Good luck being long this one.

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    • Wed Mar 19th 11:41 AM | Rating: 0 0
      Commented on:
      It Wasn't a 'Bailout'
      Keep living in your dream land that this was not a bailout. The US taxpayer is footing the bill for this in the form of $30 billion in loans to cover Bear's potential losses.

      Bear Stearns did not get bailed out but tons of other people did. What about preferred stock holders and bond holders? How come they get their money back while the taxpayer foots the other bill? What about the counterparties that Bear did business with, they got their risk guaranteed by the taxpayer? What about the rest of the banks that are being propped up now by the Fed and their scumbag partners keep taking billions in bonuses?

      This is an entire bailout of the banking industry by the US taxpayer. To save these low life thieves every single American taxpayer is now on the hook for this debt.

      The bottom line is that all these banks' actions are being covered by the taxpayers again. We have lowered interest rates explicitly to save the banks. The net result is that prices are skyrocketing for all our expenses. The banks live and the individual pays for it in higher prices.

      Symantics as usual, sure Bear was not bailed out, the entire banking industry was bailed out. And everyone reading this, you are the ones paying for it.

      Should we start taking bets on the next bubble these douche bags will be involved in. The government needs to sieze the bank accounts of all the bankers who were involved with this fiasco and recapture that money for the American taxpayer. Instead these criminals have lost there jobs and have to spend their entire days doing nothing but hanging in their Hamptons houses and driving their Mercedes around.
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    • Tue Mar 18th 13:40 PM | Rating: 0 0
      Commented on:
      Bidz.com: Inventory and Cash Flow Concerns
      Actually it seems like you guys are doing more work for Bidz than the author is against it. 18 comments from a handful of guys? Trying to blame a short for a stock going down is idiotic. I believe that is what MBIA tried to do to Ackerman, it did not help their stock, it went from 80 to 10, do you think it did that because of Ackerman? Maybe the company sucked, just like Bidz sucks. Stop defending your stock and look into the company a little closer.
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