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- Host Hotels & Resorts, Inc. F3Q08 (Quarter End 09/05/08) Earnings Call Transcript
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- Total System Services, Inc. Q3 2008 Earnings Call Transcript
- Tortoise Capital Resources F3Q08 (Qtr End 08/31/2008) Earnings Call Transcript
- Intraware, Inc. F2Q09 (Qtr End 08/31/08) Earnings Call Transcript
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Egg
52 Comments
Another Unthinkable Market Event
No...not that shorting related one.
A new one. No selling a stock unless there is an uptick.
Think about that........Stocks could never go down again!
But really, the first comment was right. Shutting down the market would only make matters worse. The market just needs to run its course. As painful as that course is....we're going to surive in the end.
Credit Crisis Sharpens Anger Over CEO Pay
My analogy would be when the CEO of (let's say) GE is paid 12M which is less per year than a good (not great) starting major league pitcher then CEO pay is not out of control.
What the Hedge Funds' Bad September Could Mean for Markets
9 Reasons Why We Are Close to, If Not Past, the Bottom
For people like me, just talking about him voids me out to the rest of your article. Although I did still read it and the thing that still worries me going forward is a possible consumer crash in the coming years along with forced inflation.
But back to Cramer since he ironically is the object of my vent, and to borrow a quote from Buffett, since the tide is gone, Cramer is buck naked to the world now. And that is not a pretty sight!
Tyson Foods: Picked To the Bone
A wounded Pilgrim's Pride is the ignitor. Tyson has been refusing the cutback its supply this year, and forcing PPC (who is #1 producer) to do all the cutbacks. And with PPC's current near insolvent position, you can bet they will do further drastic cutbacks in order to try and desperately boost prices. All the while Tyson can sit back and wait (and benefit) with their recently rasied 750M.
The end result will probably propel Tyson back to #1 overall position in a soon to be profitable again industry.
This may not happen immediately. It might even take 6-12 months (market permitting) before the bull run starts, but I believe it'll be worth the wait. In the meantime, people can own shares below book value in an industry leader. An industry that will ALWAYS exist and be needed.
America Buys AIG
As far as the common, that leaves 13.5B shares outstanding which will lead to what market cap?
From my perspective, this seems like the govenment has a chance to make out very well on this deal from a communist/capitalist point of view. They are the only ones able to come up with the 85B and if AIG survives, then there 80% shares will be worth a LOT...in addition to getting repaid the 85B.
Kinda like when that Saudi back in the 90s bailed-out C
AIG Bailout: Over to Congress
The 80% warrants should mean there are now around 13.5 B shares outstanding.
All the details are not out yet, but if the above is true, then it would seem AIG common should still trade tomorrow at around $2 (plus or minus 50 cents)
Corning: Looking Very Cheap
That is very misleading. Trailing P/E is actually ~12 based on the $1.41 Corning made in '07. You are factoring in a 2B+ one time income tax gain into that 4.8 P/E.
Investing in Biotech: The 3 Phases of Clinical Trials
Questioning Obamanomics
And I think it's a pretty good bet that GWB has mucked things up so bad with his economy on a credit card philosophy that things will stay bad for an extended time.
So, stay optimistic, in 4 years we should still be reeling from the GWB legacy and can blame Obama!
Obama Is Bad for the Economy - Barron's
And that statement above is coming from a Republican (me) who thinks Bush's fiscal policy over the last 8 years has been a complete disaster. He put the country on a credit card for his two terms and eventually those bills come due. It's as if the Republicans never heard of the word balanced budget. No, they just spend, spend, spend.
Fannie, Freddie Shareholders Will Be Left Holding the Bag - Barron's
The idea that FNM and FRE common stock will be left worthless after they raise the necessary capital to survive has been common knowledge now for weeks/months...yet the stock refuse to trade down any further.
This somewhat reminds me of the day BSC went under and the stock refused to trade down near 2 and rose all day. I remember David Faber (CNBC) actually chastising people on camera for paying anything over 2...then lo and behold a week later the stock was worth 10. The people in the know knew despite Faber.
And it's possible the people in the know know about FNM and FRE and that the government will toss a small bone to common shareholders, too.
That being said, I cannot bring myself to buy since I'm not in the know.
Mel Karmazin Delivers in Mad Money Interview
His daily pumps are missing.
And Brandon is no Tyler.
Sirius XM Radio Analyst Roundup
Capitulation will likely not occur until these daily pumps by Tyler are met with no replies. (or at least not 50+)
Either that or bankruptcy for true capitulation.
We shall see....
Bull or Bear Market?
300 pts moves at Dow 8000 and Dow 11,000 are entirely different numbers.
Use percentages pls!