Saint Xinon's Comments

The Myth of Gold as an Inflation Hedge

Thu, 03 Apr 2008 01:07:37 -0400

Gold has 3 advantages:

1> You do not have to write "In god we trust" on it.
2> Governments and time can come and go people on planets have faith in it.
3> In case of sudden banking and financial system failure it is only accepted money.... ask people from Indonesia ....

Rest is paper and wires and promises.....

Dryships' Short Squeeze Potential

Wed, 26 Mar 2008 02:56:01 -0400

Shares Float 24,350,000
Total Shares Outstanding 36,181,097
Short Interest (Shares Short) 6,033,900
Trading Volume - Average 5,183,700

so it shall take only 1.2 days of trade to cover all the shorts.....

Bear Stearns Should Go for More Than $6 - Barron's

Mon, 24 Mar 2008 00:18:01 -0400

JPM great short.

only logical reason is

BSC + 30 billion $ << 0 $

Please check balance sheet of JPM & BSC for confirmation of fact...
just to add some spice...

check this also...

www.spiegel.de/interna...

can fed bail them out also ? who are buyers of ABX index trash after dust has gone down.... germans chinese indians arabs ???

and on the top of that JPM is/was 70:1 leveraged in December 2007... and all bankers in the world know about it....

The Credit Crisis and Potential Shorts

Mon, 24 Mar 2008 00:04:27 -0400

Please go through UBS/FNM/FRE accounts.
To be a bank or finance company you need a positive balance sheet.
They are great companies but for that positive balance sheet part.
but for sad knowledge of accounting I would have bought all the way all the stocks of them...
Even Enron was looking better in it's last days than these guys....
Anyway how many of you guys lost money in Enron or gained money by shorting it ?

Anxiously Awaited Visa IPO Due This Week

Wed, 19 Mar 2008 01:55:59 -0400

Short MA
long V

for at least 1 week. then cover........

Dryships' Increasingly Valuable Fleet of Vessels

Wed, 19 Mar 2008 01:27:16 -0400

DRYS is cool short at 75-77 range.
Too many speculative hedge fund buyers.
One large margin call
Position dump and may fall by 35-40 $.

Else it is great company with great fundamentals.

Was That a Short-Covering Rally?

Wed, 19 Mar 2008 01:14:55 -0400

Will buy as if this is double bottom and beginning of greatest bull market in the galaxy.... Will short when the euphoria dies on Monday after Visa IPO and quad witching....