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  • Watching the USD Drop? Here's What You Should Really Be Watching [View article]
    I would agree eventually the yen will crumble more than the dollar.

    Part of the reason I didn't see mentioned is that the Japanese has no military power to support their yen. There is no incentive for the world to intervene if/when the yen plummets. The dollar, on the other hand, is backed by the strongest military in the world.
    Nov 10 02:35 am |Rating: +1 -9 |Link to Comment
  • What Buffett's Burlington Northern Buy Really Means  [View article]
    The book value for BNI is $36.

    So your "pennies on the dollar" quote is a tad off...unless you meant 300 pennies on the dollar.
    Nov 09 02:15 am |Rating: 0 0 |Link to Comment
  • Elliot Wave: The Dollar Is Set for a Major Rally [View article]
    Yeah, ok, tell Prechter I'm still waiting for the $200 gold he promised back in 2004.
    Nov 08 01:24 am |Rating: +18 -4 |Link to Comment
  • JG Boswell: Former Giant Still Appealing  [View article]
    Thanks for the update.

    I also have a small position in Boswell and have difficult time getting information.

    One question though. You always say Boswell pays a quarterly dividend of $3.50. I show it's only a yearly dividend of $3.50.
    Nov 05 13:59 pm |Rating: 0 0 |Link to Comment
  • Congress Still Looking at a Stock Trading Tax [View article]
    A 10-25 basis point tax on every trade would destroy daytraders and swing traders alike. Especially the higher tax. (And then double that since you would have to presumably pay when you buy and sell.) Not to mention you pay the tax on even losing trades.

    Online brokerages would be gutted also with the drop in volume.

    My guess is Congress will never pay such a debilitating law, at least not now. But it will stay in the hopper and one day when the federal government has its own California-esque fiscal panic/crisis (it will happen) then everything is on the table. That's when we will have a trading tax.
    Oct 25 13:52 pm |Rating: +2 0 |Link to Comment
  • E*Trade: A Solid, Deep Value Stock [View article]
    Most of the ETFC holders predicting $5 and (gasp) $10 shares prices are truely ignorant. Factoring in eventual dilution, the all-time high for ETFC is $3-$3.50.

    Yes, that would be an all-time high market cap. I say again, all-time high. As high as when the stock was $25/share. Before ETFC blew up their company with bad risks.

    So if ETFC goes to $3.50, it WILL be at an all-time high. And why would anyone think ETFC would trade at an all-time high after the mortgage debacle they are still unwinding?

    Dilution kills.
    Oct 20 15:01 pm |Rating: +8 0 |Link to Comment
  • The World’s Biggest Gold Reserves [View article]
    So, did the World Gold Council actually enter Fort Knox (and the other locales) and verify those #s?
    Oct 20 14:53 pm |Rating: +3 0 |Link to Comment
  • Dole Foods: Ripe for a Successful IPO? [View article]
    One other thing besides the debt that does concern me about DOLE is the fact that a substantial block of their plantations are located in Honduras.

    Hopefully, nothing will affect DOLE from the political situation there, but if it does, DOLE stock will be hit hard if those plantations are at risk.

    I'm still considering buying, but it it pops too much then I'll pass.
    Oct 20 14:50 pm |Rating: 0 0 |Link to Comment
  • E*Trade: Expect a Takeover Any Day Now [View article]
    E*Trade currently has approximately 2.9B shares outstanding (counting all soon to be converts) and you expect $5 per share? That would be 14.5B market cap.

    That's much, much higher than their all-time high. Yes, the $25 per share high. That old high was with approximately 400M shares and was only 10B. So you think E*trade should be worth more now than before their mortgage debacle? Heck, that market cap is nearly as big as Schwab itself.

    C'mon, really...factor the dilution to your math. There are so many day traders and bottom fishers who cannot get past the sub $2 share price (thinking it's dirt cheap) when it's really not.

    Dilution kills.
    Sep 25 14:44 pm |Rating: +4 -1 |Link to Comment
  • U.S. Federal Deficit at $1.3 Trillion and Counting [View article]
    Oy vey...."Defecit?"

    Eye usd 2 bee a gud spellr till eye startid comming onlign.
    Aug 09 10:04 am |Rating: 0 0 |Link to Comment
  • Why Is Deflation Scary? [View article]
    Well said.

    I've always thought deflation was something to be welcomed and would be beneficial to a lot of people. Especially people with low debt. Buying power increases even without wage increases. Most people in Japan during the 90s deflation have actually thrived.

    The obvious reason the U.S. government fears it so much is, of course, the growing national debt since deflation (in real terms) increases the principal owed on top of paying the interest.

    So the people who would benefit are out of luck since the government has run up such a massive debt in their names. The Fed will print and print in order to destroy the dollar and keep inflating away the debt. And even though deflationary pressures exist, I have little doubt the government will eventually get its way.
    Aug 03 02:46 am |Rating: +22 0 |Link to Comment
  • The DVR Continues to Be a Life Changer [View article]
    RichardGC, correcting grammar? Really?

    If you demand others be perfect, you should be also. There's something called a question mark you missed:

    "Doesn't anyone proofread their copy anymore."

    That certainly sounds like a query, doesn't it? (<-- see question mark)

    Anyways...enough of you. Back to the article. DVRs! Sooooo true. I couldn't watch TV without my DVR. One of the greastest innovation in tech in recents years, if you ask me.
    Aug 02 23:09 pm |Rating: 0 0 |Link to Comment
  • Shorting the U.S. Dollar: Too Easy to Work?  [View article]
    Neither V- shaped recovery, double-dip recession, nor gloom of night will keep Bernanke from printing dollars.

    Your last sections says it all; if the markets falls and the dollar rises it'll only be short term and will only create an environment whereby Bernanke prints even more dollars. Thus causing the dollar to plummet harder later.

    Really, the ONLY way the dollar can rise (and stay risen) is for the government to gut spending dramatically. (i.e. balance the budget.) And since we had a Republican prez (who ought to have known better) refuse to cut spending for 8 years, you can bet your last falling dollar that Obama will do what democrats do and spend, spend, spend for the next 4 years.
    Aug 02 05:37 am |Rating: +7 -2 |Link to Comment
  • Cramer's Mad Money - 5 Mistakes Amateur Investors Make (7/31/09) [View article]
    He forgot mistake # 6:

    "Amateurs listen to my Mad Money show. A big no, no, no. Turn me off. Do it. NOW. Never take advice from a man who blows a horn while picking momentum stocks."
    Aug 02 05:23 am |Rating: +16 -4 |Link to Comment
  • From Obama's weekly address: "When we receive our monthly job report next week, it is likely to show that we are continuing to lose far too many jobs in this country. As far as I’m concerned, we will not have a recovery as long as we keep losing jobs. And I won’t rest until every American who wants a job can find one."  [View news story]
    Some people defend Obama and trash Bush.

    Others defend Bush and trash Obama.

    When will people learn that (from a fiscal perspective) they should both be hated and reviled? Both blow/blew up the deficit and refuse to cut spending. Both are/were set on destroying the dollar. In fact, they are both really the same, fiscally speaking.

    So, be like me, hate them both.

    Aug 01 17:57 pm |Rating: +15 -7 |Link to Comment
Egg's
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