DSX Lover's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/155902/comments http://seekingalpha.com/article/75844-expecting-weakness-in-nvidia-on-cautious-goldman-note?source=feed#comment-164810 164810 Fri, 09 May 2008 10:39:02 -0400 http://seekingalpha.com/article/76379-why-you-should-short-companies-doing-share-buybacks?source=feed#comment-164362 164362 Would you rather pay the dividend tax from excess cash flow if the company's shares are undervalued, and not doing a buyback?
You're an idiot too.]]> Thu, 08 May 2008 16:08:09 -0400 Would you rather pay the dividend tax from excess cash flow if the company's shares are undervalued, and not doing a buyback?
You're an idiot too.]]> http://seekingalpha.com/article/75684-is-bank-of-america-rethinking-countrywide-s-value?source=feed#comment-162177 162177 And like JPM, buy CFC for pennies, since no one will be willing to buy it for more. And let Helicopter Ben finance the transaction for free to take on the systematic risk.]]> Mon, 05 May 2008 14:29:23 -0400 And like JPM, buy CFC for pennies, since no one will be willing to buy it for more. And let Helicopter Ben finance the transaction for free to take on the systematic risk.]]> http://seekingalpha.com/article/75350-dangerous-optimism-in-homebuilders?source=feed#comment-161904 161904 Mon, 05 May 2008 08:27:19 -0400 http://seekingalpha.com/article/74582-still-too-early-for-banks?source=feed#comment-159226 159226 ]]> Wed, 30 Apr 2008 08:56:39 -0400 ]]> http://seekingalpha.com/article/74433-under-the-radar-news-monday?source=feed#comment-158144 158144 Mon, 28 Apr 2008 15:21:00 -0400 http://seekingalpha.com/article/74013-soaring-tenke-costs-affect-lundin-mining-and-freeport-mcmoran?source=feed#comment-156529 156529 If FCX is going to have to pay for Lundin's part of the mine expansion, it would be cheap for FCX to takeover Lundin at a price of 1.5 to 2.0 times book and assume all of the profits of the mine. Lundin is a small company with great growth potential, selling below NAV because the previous CEO was cooking the books on recent mergers. The new CEO is almost done cleaning the mess, and if Lundin meets earnings in Q1 it will be on its way to earn 90 cents for 2008 which will put the company at an 8 P/E well below the industry average.]]> Fri, 25 Apr 2008 10:53:50 -0400 If FCX is going to have to pay for Lundin's part of the mine expansion, it would be cheap for FCX to takeover Lundin at a price of 1.5 to 2.0 times book and assume all of the profits of the mine. Lundin is a small company with great growth potential, selling below NAV because the previous CEO was cooking the books on recent mergers. The new CEO is almost done cleaning the mess, and if Lundin meets earnings in Q1 it will be on its way to earn 90 cents for 2008 which will put the company at an 8 P/E well below the industry average.]]> http://seekingalpha.com/article/73610-pot-great-moments-in-live-financial-tv?source=feed#comment-155542 155542 Wed, 23 Apr 2008 18:30:05 -0400 http://seekingalpha.com/article/73185-the-worst-is-behind-us-unless-massive-bank-failure-is-considered-a-bad-thing?source=feed#comment-154908 154908 Shorting these things at these levels is asking for a serious BOOT STUMP. And the worst is truly over. The more capital they raise these low levels the easier takeover for the Giants (JPM,BAC,HBC) when the cloud clears.]]> Tue, 22 Apr 2008 17:51:22 -0400 Shorting these things at these levels is asking for a serious BOOT STUMP. And the worst is truly over. The more capital they raise these low levels the easier takeover for the Giants (JPM,BAC,HBC) when the cloud clears.]]> http://seekingalpha.com/article/73290-is-netflix-a-short-term-sell-or-a-long-term-buy?source=feed#comment-154604 154604 Tue, 22 Apr 2008 09:00:47 -0400 http://seekingalpha.com/article/73118-the-u-s-dollar-and-the-limits-of-irresponsibility?source=feed#comment-154067 154067 Over $6 Trillion in Debt, is irresponsible for the richest Nation in the World. It should pay all of its debt and them become a Creditor Nation.
Then see what happens to the Greenback. The Bernanke move to accept all kinds of Leveraged assets with a haircut in exchange for Treasuries in the Discount Window is going to be remembered as one of the best moves in the FED's history. Not only is the Fed giving Treasuries at the lowest yield ever in history, but is also letting the Banks reliquify their Balance sheets with liabilities (Treasuries that are going to worth less, because there's a Bubble in these prices, and yields will go up), while their assets get repriced higher. ]]> Mon, 21 Apr 2008 12:24:40 -0400 Over $6 Trillion in Debt, is irresponsible for the richest Nation in the World. It should pay all of its debt and them become a Creditor Nation.
Then see what happens to the Greenback. The Bernanke move to accept all kinds of Leveraged assets with a haircut in exchange for Treasuries in the Discount Window is going to be remembered as one of the best moves in the FED's history. Not only is the Fed giving Treasuries at the lowest yield ever in history, but is also letting the Banks reliquify their Balance sheets with liabilities (Treasuries that are going to worth less, because there's a Bubble in these prices, and yields will go up), while their assets get repriced higher. ]]> http://seekingalpha.com/article/73122-why-private-equity-shops-are-recapitalizing-banks?source=feed#comment-154045 154045 Mon, 21 Apr 2008 12:02:38 -0400 http://seekingalpha.com/article/73122-why-private-equity-shops-are-recapitalizing-banks?source=feed#comment-154015 154015 Mon, 21 Apr 2008 11:08:22 -0400 http://seekingalpha.com/article/72955-citigroup-s-flush?source=feed#comment-153130 153130 Never buy Stocks that are up 10% in a Day.-Jim Cramer]]> Fri, 18 Apr 2008 16:43:37 -0400 Never buy Stocks that are up 10% in a Day.-Jim Cramer]]> http://seekingalpha.com/article/72898-the-global-agricultural-boom-no-bubbles-here?source=feed#comment-153125 153125 Short Oil Double Down DUG.
Short Potash too. See how long those increase in prices keep holding when the crop prices fall like crazy.]]> Fri, 18 Apr 2008 16:38:50 -0400 Short Oil Double Down DUG.
Short Potash too. See how long those increase in prices keep holding when the crop prices fall like crazy.]]> http://seekingalpha.com/article/72744-options-traders-call-potash-the-new-crude?source=feed#comment-152520 152520 Thu, 17 Apr 2008 18:42:13 -0400 http://seekingalpha.com/article/72443-eye-on-plane-leasing-sector?source=feed#comment-152313 152313 Thu, 17 Apr 2008 13:02:37 -0400 http://seekingalpha.com/article/72575-my-last-word-on-our-national-city-discussion?source=feed#comment-151944 151944 ]]> Wed, 16 Apr 2008 20:10:26 -0400 ]]> http://seekingalpha.com/article/72366-national-city-just-a-victim-of-its-industry?source=feed#comment-151176 151176 ]]> Tue, 15 Apr 2008 13:46:07 -0400 ]]> http://seekingalpha.com/article/72366-national-city-just-a-victim-of-its-industry?source=feed#comment-151172 151172 SHORT HCBK go long any other of the below book banks, you will become millionare, its not too hard to figure it out.]]> Tue, 15 Apr 2008 13:42:58 -0400 SHORT HCBK go long any other of the below book banks, you will become millionare, its not too hard to figure it out.]]> http://seekingalpha.com/article/72210-14-bank-and-i-bank-write-downs?source=feed#comment-151157 151157 Tue, 15 Apr 2008 13:31:49 -0400 http://seekingalpha.com/article/72366-national-city-just-a-victim-of-its-industry?source=feed#comment-150982 150982 Tue, 15 Apr 2008 09:05:32 -0400 http://seekingalpha.com/article/72365-national-city-blew-it?source=feed#comment-150978 150978 Tue, 15 Apr 2008 09:03:19 -0400 http://seekingalpha.com/article/72092-jim-rogers-picks-and-pans-barron-s-interview?source=feed#comment-150028 150028 Sun, 13 Apr 2008 18:53:34 -0400 http://seekingalpha.com/article/71984-regional-bank-failures-the-next-shoe-to-drop?source=feed#comment-149463 149463 1. Citigroup - Sound and Safe Over 50% of Revenues International, Mexico, Brazil, Chile and Asia are growing.
2. Bank of America. Sound and Safe.
3. JPMorgan & Chase. No need to say how safe this is.
4. Wachovia Bank, 10% Capital/Total Assets, excess capital, should survive this crisis easily.
5. Wells Fargo. Sound and strong. Some California exposure, but this bank is good.
6. WAMU. Horrible Management, but with the recent Capital injection will not fail.
7. Bank of New York Mellon. No problems with any JUNK.
8. USBank. Great Management, and strong franchise, safe as a rock.
9. Sun Trust. Questionable Loans but should be able to survive. With under 200K Billion in assets, could be easily be assumed by one of top 2-5, or Foreign Barclays, RBS, HSBC or STD.
10-15 don't know the exact order, but all in the range of 100-150 Billion in Assets.
10. National City. With 150K Billion in assets, selling at .45 cents on Book, deeply discounted, and has 13 Billion in Capital, greatly above the Bacilea Requirements. Can take up to $6 Billion in Chargeoffs can still make it because, it has a $1Billion profit from its stake in VISA.
This one can be bought by BNS at a big Premium from where is selling right now.
11. Regions Financial. Some Exposure to Florida, and Construction Loans. Selling at .75 cents to Book Value. This one will make it, has excess capital, and could be an easy Takeover.
12. KEY Bank. This one was looking to acquire National City I don't see that coming, but it is possible that some merger with National City, Key or Fifth Third could arise as a result of this. These are banks based in Cincinnati, and Cleveland, and could make a stronger franchise by merging two of the three. Their market values make them takeover candidates by foreign banks looking to expand.
13. Fifth Third Bank- Look at 12 and 10.
14. BBT- Strong Franchise with no subprime JUnk, good profit and steady fees, not subject to deterioration.
15. DOn't know who really holds this spot, but could be the U.S. Branch of Barclays PLC, or RBS, or ING, 3 great international Groups, looking to grow in the U.S. and willing to buy anything cheap above this least.
Overall, none of this Banks is going under, and except for WAMU I would be buying any of them of Weakness. WAMU's Management is just HORRIBLE! and they gave out over 30% of the Bank to Private Equity for FREE, no creativity, just STUPIDITY, Killinger should be fired immediately, and that transaction should be voided! With Lehman Bros, doing a convertible Preferred Stock yielding 7.5%, WAMU, should have done the same thing with the best Mortgage Loans in its portfolio as a colateral (Those written over 5 years ago), the recent transaction just shows how horrible some of these institutions management are, and that they should be taken over by decent foreign Banks, who really know how to manage Capital.
Buy Barclays at 7 times earnings, ING at 6.5 times earnings, LYG at 7 Times earnings or STD at 10 times earnings. All of them have dividends of 5.5% or more, without the SUBPRIME JUNK, and are stable franchises looking to take advantage of mispriced US Banks.
HSB can also be added to this recent list.
I love Banks!!!!! NOne of this will fail, don't need to wait until they are up 20% in two days to buy them, because you will miss the biggest opportunity in history.

]]> Sat, 12 Apr 2008 11:53:16 -0400 1. Citigroup - Sound and Safe Over 50% of Revenues International, Mexico, Brazil, Chile and Asia are growing.
2. Bank of America. Sound and Safe.
3. JPMorgan & Chase. No need to say how safe this is.
4. Wachovia Bank, 10% Capital/Total Assets, excess capital, should survive this crisis easily.
5. Wells Fargo. Sound and strong. Some California exposure, but this bank is good.
6. WAMU. Horrible Management, but with the recent Capital injection will not fail.
7. Bank of New York Mellon. No problems with any JUNK.
8. USBank. Great Management, and strong franchise, safe as a rock.
9. Sun Trust. Questionable Loans but should be able to survive. With under 200K Billion in assets, could be easily be assumed by one of top 2-5, or Foreign Barclays, RBS, HSBC or STD.
10-15 don't know the exact order, but all in the range of 100-150 Billion in Assets.
10. National City. With 150K Billion in assets, selling at .45 cents on Book, deeply discounted, and has 13 Billion in Capital, greatly above the Bacilea Requirements. Can take up to $6 Billion in Chargeoffs can still make it because, it has a $1Billion profit from its stake in VISA.
This one can be bought by BNS at a big Premium from where is selling right now.
11. Regions Financial. Some Exposure to Florida, and Construction Loans. Selling at .75 cents to Book Value. This one will make it, has excess capital, and could be an easy Takeover.
12. KEY Bank. This one was looking to acquire National City I don't see that coming, but it is possible that some merger with National City, Key or Fifth Third could arise as a result of this. These are banks based in Cincinnati, and Cleveland, and could make a stronger franchise by merging two of the three. Their market values make them takeover candidates by foreign banks looking to expand.
13. Fifth Third Bank- Look at 12 and 10.
14. BBT- Strong Franchise with no subprime JUnk, good profit and steady fees, not subject to deterioration.
15. DOn't know who really holds this spot, but could be the U.S. Branch of Barclays PLC, or RBS, or ING, 3 great international Groups, looking to grow in the U.S. and willing to buy anything cheap above this least.
Overall, none of this Banks is going under, and except for WAMU I would be buying any of them of Weakness. WAMU's Management is just HORRIBLE! and they gave out over 30% of the Bank to Private Equity for FREE, no creativity, just STUPIDITY, Killinger should be fired immediately, and that transaction should be voided! With Lehman Bros, doing a convertible Preferred Stock yielding 7.5%, WAMU, should have done the same thing with the best Mortgage Loans in its portfolio as a colateral (Those written over 5 years ago), the recent transaction just shows how horrible some of these institutions management are, and that they should be taken over by decent foreign Banks, who really know how to manage Capital.
Buy Barclays at 7 times earnings, ING at 6.5 times earnings, LYG at 7 Times earnings or STD at 10 times earnings. All of them have dividends of 5.5% or more, without the SUBPRIME JUNK, and are stable franchises looking to take advantage of mispriced US Banks.
HSB can also be added to this recent list.
I love Banks!!!!! NOne of this will fail, don't need to wait until they are up 20% in two days to buy them, because you will miss the biggest opportunity in history.

]]> http://seekingalpha.com/article/71152-banking-breadline-the-discount-window?source=feed#comment-136534 136534 Fri, 04 Apr 2008 11:04:38 -0400 http://seekingalpha.com/article/70937-stock-valuations-on-the-rise?source=feed#comment-135689 135689 Wed, 02 Apr 2008 23:24:00 -0400 http://seekingalpha.com/article/70903-money-center-banks-the-greater-fool?source=feed#comment-135483 135483 Wed, 02 Apr 2008 16:29:25 -0400 http://seekingalpha.com/article/70864-dryships-and-the-oil-rush?source=feed#comment-135240 135240 Wed, 02 Apr 2008 11:28:38 -0400 http://seekingalpha.com/article/70365-diana-shipping-prime-rebound-candidate?source=feed#comment-133076 133076 Fri, 28 Mar 2008 13:15:07 -0400