Why Exide Could Be A Compelling Speculative Buy [View article]
Skimming through the comments, I see one word notable for its absence:
Liability.
Xide is liable for Vernon cleanup costs, and faces liability for claims by persons suffering from ailments with plausible link to arsenic/lead pollution.
"Sam Atwood, an official with the Air Quality Management District, said the facility in Vernon was causing relatively high cancer risk to more than 100,000 residents in an area that includes Maywood, Huntington Park, Commerce and Boyle Heights.
“This facility was found to have the highest cancer risk of any facility that we have studied over the 25 years of the program,” Atwood said……."
Much of the "big money" was 1. diverted overseas, particularly China where it (for a time) remains sequestered from the US economy and where a weakening dollar, not inflation, will dilute the currency and 2. used to finance bubbles in housing and equities that, when the bubbles burst, simply erased the excess money rather than slowly dilute purchasing power.
Merrill Lynch Study Examines Americans’ Perspectives on New Retirement Realities and the Longevity Bonus [View article]
"Boomers have always paved their own way"
Guffaw. Boomers borrowed >16 trillion in lieu of paying taxes. This is by far the most massive wealth transfer scheme in the history of the world. Even worse, with double-speak that would make Orwell proud many pretended to be "conservative" while doing so.
Eric Sprott's Gold Analysis Deconstructed: What The Gold Bulls Still Don't Get [View article]
How much do you think taxes would need to be raised just to pay for funds currently borrowed to pay for current health care obligations and who do you think will be stuck with the bill now and later when health care costs consume 25% GDP?
Here is another idea. How about we scrap the unsustainable business model of the fee-for-service health care monstrosity with its over-reliance on specialists, kitchen sink approach to procedures, and reliance on the ER as the storefront for health care delivery? Bringing our health care costs down to those of most other industrialized nations will save the nation 8-10% GDP every year.
Yes and you are not alone. Many must have felt risk last week (with ACI priced at $4.80) when 3 month, 17% downside Puts paid an 11% premium.
This begs the question: How "risky" would it to be assigned 4.00 Puts at a cost basis of 3.48 when the lowest price target of 20 analysts covering the stock (Yahoo finance) is $4.00?
Eric Sprott's Gold Analysis Deconstructed: What The Gold Bulls Still Don't Get [View article]
Health care costs will soon reach 20% of GDP. This is a remarkable figure when you consider all income and economic activity of the bottom 80% of all Americans is less than 20% GDP. Massive transfers of wealth enable the vast majority of Americans to participate in our dysfunctional fee for service health care system without paying their "share" of health care costs, namely ~100% of income. Much of the wealth is borrowed from future generations.
Those who glibly shrug off unfunded health care liabilities need to understand that projected health care costs will expand to consume 25% of GDP. This is on top of projected GDP growth.
Heck last week ACI, trading around 4.8, did not even require "careful planning" IMO, not when July 5.00 Calls were selling for 0.53 and Oct 4.00 Puts for 0.52 combined with the improving natural gas story.
James Altucher: Why The Stock Market Is A Sucker's Game Right Now (And What Stocks I Own) [View article]
Get rid of insurance middlemen altogether. Let people subscribe to directly to healthcare providers who practice outcome based medicine rather than kitchen sink fee-based proceeduring and who don't use the ER as the store front of health care intervention.
What do you consider catastrophic health care expense? $100,000...$200,000? Fact is the average couple will receive $355,000 in Medicare benefits, a number that continues to increase by 6% a year.
Why Exide Could Be A Compelling Speculative Buy [View article]
Liability.
Xide is liable for Vernon cleanup costs, and faces liability for claims by persons suffering from ailments with plausible link to arsenic/lead pollution.
"Sam Atwood, an official with the Air Quality Management District, said the facility in Vernon was causing relatively high cancer risk to more than 100,000 residents in an area that includes Maywood, Huntington Park, Commerce and Boyle Heights.
“This facility was found to have the highest cancer risk of any facility that we have studied over the 25 years of the program,” Atwood said……."
Why Inflation Never Came [View article]
Much of the "big money" was 1. diverted overseas, particularly China where it (for a time) remains sequestered from the US economy and where a weakening dollar, not inflation, will dilute the currency and 2. used to finance bubbles in housing and equities that, when the bubbles burst, simply erased the excess money rather than slowly dilute purchasing power.
4 Scary Charts Warning Of The Next Financial Crisis [View article]
Think hyperinflation is a thing of the past? That attitude more than anything ensures we will see it again.
Apple Solved Its First Problem [View article]
Apple Solved Its First Problem [View article]
Apple Solved Its First Problem [View article]
Seriously? Is there any random thought that pops in your head that won't dribble out?
The Market May Favor Shorting Ford [View article]
Risky Stocks In A Rising Market [View article]
Merrill Lynch Study Examines Americans’ Perspectives on New Retirement Realities and the Longevity Bonus [View article]
Guffaw. Boomers borrowed >16 trillion in lieu of paying taxes. This is by far the most massive wealth transfer scheme in the history of the world. Even worse, with double-speak that would make Orwell proud many pretended to be "conservative" while doing so.
Eric Sprott's Gold Analysis Deconstructed: What The Gold Bulls Still Don't Get [View article]
Here is another idea. How about we scrap the unsustainable business model of the fee-for-service health care monstrosity with its over-reliance on specialists, kitchen sink approach to procedures, and reliance on the ER as the storefront for health care delivery? Bringing our health care costs down to those of most other industrialized nations will save the nation 8-10% GDP every year.
Risky Stocks In A Rising Market [View article]
This begs the question: How "risky" would it to be assigned 4.00 Puts at a cost basis of 3.48 when the lowest price target of 20 analysts covering the stock (Yahoo finance) is $4.00?
Eric Sprott's Gold Analysis Deconstructed: What The Gold Bulls Still Don't Get [View article]
Those who glibly shrug off unfunded health care liabilities need to understand that projected health care costs will expand to consume 25% of GDP. This is on top of projected GDP growth.
Is The Fed Able To Offset Austerity? Insights From The Employment Report [View article]
Risky Stocks In A Rising Market [View article]
James Altucher: Why The Stock Market Is A Sucker's Game Right Now (And What Stocks I Own) [View article]
What do you consider catastrophic health care expense? $100,000...$200,000? Fact is the average couple will receive $355,000 in Medicare benefits, a number that continues to increase by 6% a year.